Market Research

Waste Disposable Units Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope
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.

Sizing and Forecast
The waste disposable units market size has grown strongly in recent years. It will grow from <b>$11.86 billion in 2023 to $12.47 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. </b> 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 <b>$13.76 billion in 2028 at a compound annual growth rate (CAGR) of 2.5%. </b> 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.

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Segmentation & Regional Insights
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

<b>Asia-Pacific</b> was the largest region in the waste disposal units market in 2023. <b>Western Europe</b> was the second-largest region in the waste disposable units market. The regions covered in the waste 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 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.

Key Industry Players
Major companies operating in the waste disposable units market include <b>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</b>

The waste disposable units market report table of contents includes:

1. Executive Summary

2. Waste Disposable Units Market Characteristics

3. Waste Disposable Units Market Trends And Strategies

4. Waste Disposable Units Market – Macro Economic Scenario

5. Global Waste Disposable Units Market Size and Growth

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31. Global Waste Disposable Units Market Competitive Benchmarking

32. Global Waste Disposable Units Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Waste Disposable Units Market

34. Waste Disposable Units Market Future Outlook and Potential Analysis

35. Appendix

Top Major Players:

InSinkErator

Waste King

General Electric Appliances

Frigidaire

MOEN

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