Press release
Residential Garbage Disposer Research:CAGR of 3.2% during the forecast period
Residential Garbage Disposer Market SummaryA home kitchen garbage disposer, also known as a garbage disposal unit, is a device installed under a kitchen sink. It consists of a grinding chamber, a motor, a shredding mechanism (usually including impellers or grinding plates), and a discharge outlet. The grinding chamber is the main space where food waste is processed. The motor provides the power to drive the shredding mechanism. The shredding components are designed to break down food waste into small pieces.
According to the new market research report "Global Residential Garbage Disposer Market Report 2024-2030", published by QYResearch, the global Residential Garbage Disposer market size is projected to reach USD 1.19 billion by 2030, at a CAGR of 3.2% during the forecast period.
Global Residential Garbage Disposer MarketSize(US$ Million), 2019-2030
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Above data is based on report from QYResearch: Global Residential Garbage Disposer Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
The Residential Garbage Disposer industry is highly correlated with the global economic situation. Affected by Covid-19, the global Residential Garbage Disposer market size fell sharply in 2020. The market rebounded after the epidemic eased in 2021, but affected by the decline in the growth rate of industries such as real estate and home improvement after 2022, the overall Residential Garbage Disposer market size showed a downward trend from 2019 to 2024.
Global Residential Garbage Disposer Top14Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global Residential Garbage Disposer Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Residential Garbage Disposer include InSinkErator, Franke, Moen, Joneca Company, Haier, Hobart, BECBAS, KitchenAid (Whirlpool), Salvajor, Midea, etc. In 2023, the global top 10 players had a share approximately 89.0% in terms of revenue.
InSinkErator is the inventor and largest manufacturer of the food garbage disposer, accounting for more than 60% of the global market share. InSinkErator was originally a brand of Emerson and was acquired by Whirlpool in 2022. Whirlpool was founded in 1911 and is one of the world's largest manufacturers of large household appliances. Before acquiring InSinkErator, Whirlpool already owned the garbage disposer brand "KitchenAid". The acquisition of InSinkErator made Whirlpool the absolute leader in the industry.
Residential Garbage Disposer,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global Residential Garbage Disposer Market Report 2024-2030.
In terms of product type, currently AC Motor is the largest segment, hold a share of 66.0%.
At present, there are two types of motors commonly used in garbage disposer in the world: DC motors and AC motors. Although garbage disposer manufacturers around the world use more DC motors, AC motor residential garbage disposer occupy a larger market share due to the absolute dominance of AC motor products represented by "InSinkErator" in the industry.
In terms of product application, currently Offline Sales is the largest segment.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting (data is widely cited in prospectuses, annual reports and presentations), industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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