The garbage disposable units market size is expected to see steady growth in the next few years. It will grow to $4.54 billion in 2028 at a compound annual growth rate (CAGR) of 3.1%. The growth in the forecast period can be attributed to sustainability and waste reduction, food waste reduction goals, integration with smart homes, home renovation and upgrades. Major trends in the forecast period include smart and iot-enabled units, air quality and odor control, innovation in grinding technology, sustainable materials, extended producer responsibility (epr).
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Segmentation & Regional Insights
The garbage disposable units market covered in this report is segmented –
1) By Product Type: Continuous Feed, Batch Feed
2) By Waste Type: Cereals, Dairy Products, Fruits and Vegetable, Meat, Fish and Sea Food, Processed Food, Other Waste Types
3) By Application: Residential, Commercial
Asia Pacific was the largest region in the garbage disposable units market in 2023. The regions covered in the garbage disposable units market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The waste discharge is increasing rapidly due to population growth and increased 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.
Key Industry Players
Major companies operating in the garbage disposable units market include Emerson Electric Co, Fortune Brands Home & Security Inc., Whirlpool Corporation, Illinois Tool Works Inc., Joneca Corporation, Salvajor Co, Electrolux AB, Western Industries Plastic Products LLC, Sears Brands LLC, Haier Group Corporation, Frigidaire Appliance Co, MOEN Incorporated, GE Appliances, KitchenAid, InSinkErator, Waste King Ltd., Anaheim Manufacturing Co, Franke Holding AG, Hobart Corporation, Kenmore, Becbas, Midea Group, Greenfly Co Limited, Republic Services Inc., Remondis Group, Aqua Enviro Limited, Carbonzero, FOODLINK FORUM, Clean Harbors Inc., Stericycle Inc.
The garbage disposable units market report table of contents includes:
1. Executive Summary
2. Garbage Disposable Units Market Characteristics
3. Garbage Disposable Units Market Trends And Strategies
4. Garbage Disposable Units Market – Macro Economic Scenario
5. Global Garbage Disposable Units Market Size and Growth
………………..
31. Global Garbage Disposable Units Market Competitive Benchmarking
32. Global Garbage Disposable Units Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Garbage Disposable Units Market
34. Garbage Disposable Units Market Future Outlook and Potential Analysis
35. Appendix
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