Press release
Waste Disposable Units Market Analysis With Key Players, Applications, Trends And Forecast To 2033
The waste disposable units market size has grown strongly in recent years. It will grow from $11.86 billion in 2023 to $12.47 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to changing lifestyles, marketing and advertising, environmental awareness, growing urbanization, rising disposable incomes.The waste disposable units market size is expected to see steady growth in the next few years. It will grow to $13.76 billion in 2028 at a compound annual growth rate (CAGR) of 2.5%. The growth in the forecast period can be attributed to sustainability and eco-friendly practices, smart home integration, health and hygiene, increasing adoption of waste-to-energy technologies, customization and aesthetics. Major trends in the forecast period include quieter operation, compact and space-saving units, multiple grind stages, batch feed waste disposers, anti-jam and self-cleaning features.
Market Overview -
A waste disposal unit refers to an electrically operated fitment, installed under the kitchen sink between the drain and the trap. It quickly and effectively discards any food item. Waste gets broken down into smaller pieces and easily gets through the plumbing system.
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Rising Waste Discharge Is A Growing Concern For Waste Disposal Units
The waste discharge is increasing rapidly due to population growth and increasing manufacturing activity in many emerging markets. Population growth, rapid urbanization and increasing consumption due to rising disposable income will further increase the demand for garbage disposable units. According to the World Bank, by 2025, the waste volume generated per person per day is estimated to reach 1.42 kg. The International Solid Waste Association has forecasted that globally municipal solid waste volumes will rise by a factor of 2.37 by 2050.
Competitive Landscape -
Major companies operating in the waste disposable units market include InSinkErator, Waste King, General Electric Appliances (GE Appliances), Frigidaire, MOEN, Whirlpool, KitchenAid, Kenmore Appliances, Joneca Corporation, Salvajor, Emerson, Anaheim, Soocen Technology, Apollo Kitchen Equipment, WasteCare Corporation, MEIKO Clean Solutions (India) Pvt. Ltd., Komptech Americas Ltd, Hobart Corporation, Mavitec Group, Delitek As, Unistone Electric Company, Disperator AB, EnviroPure Systems, Galley (The Galley), FABER, Sunbeam Products, Blanco
Manufacturers Embrace Environmentally Friendly Waste-To-Energy Solutions
Waste-disposable unit manufacturers are focusing on developing advanced, environmentally friendly solutions such as waste-to-energy solutions. The disposers convert the waste into fine particles, which further leads to the formation of biogas. The generated biogas, in the form of biofuel, can be used to generate electricity.
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Key Segments -
The waste disposable units market covered in this report is segmented -
1) By Type: Garbage Disposable Units, Food Waste Disposable Units
2) By Application: Household Application, Commercial Application
3) By Sales Channel: OEM, Aftermarket
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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