Garbage Disposable Units Global Market Report 2024

The garbage disposable units market size has grown steadily in recent years. It will grow from $3.92 billion in 2023 to $4.01 billion in 2024 at a compound annual growth rate (CAGR) of 2.5%. The growth observed during the historical period can be attributed to several key factors, including increasing environmental awareness, a focus on convenience and hygiene, urbanization trends, growing consumer awareness, and the development of plumbing infrastructure.

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%. Anticipated growth in the forecast period can be primarily attributed to factors such as a growing emphasis on sustainability and waste reduction, the pursuit of food waste reduction goals, increased integration with smart homes, and a rise in home renovation and upgrades. Notable trends expected to shape this period include the introduction of smart and IoT-enabled units, a focus on air quality and odor control, innovations in grinding technology, the use of sustainable materials, and the implementation of extended producer responsibility (EPR) initiatives.

Due to the escalating population growth and increased industrial activity in emerging markets, there has been a rapid surge in waste discharge. The burgeoning urbanization, coupled with rising disposable income, is expected to further amplify the demand for garbage disposal units. The World Bank estimates that by 2025, waste generation per individual will likely reach 1.42 kg per day, while the International Solid Waste Association forecasts a global increase of 2.37 times in municipal solid waste volumes by 2050.

The key product types of garbage disposal units include continuous feed and batch feed systems. Continuous feeding involves the constant delivery of enteral nutrition at a consistent rate over a 24-hour period, typically facilitated through a nutritional pump. These units can effectively handle various types of waste, such as cereals, dairy products, fruits and vegetables, meat, fish and seafood, processed food, and other waste materials, and they find applications in both residential and commercial settings.

The garbage disposable units market research report is one of a series of new reports that provides garbage disposable units market statistics, including garbage disposable units industry global market size, regional shares, competitors with a garbage disposable units market share, detailed garbage disposable units market segments, market trends and opportunities, and any further data you may need to thrive in the garbage disposable units industry. This garbage disposable units market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The anticipated growth in the residential construction sector is projected to significantly drive the garbage disposal unit market. Residential construction encompasses the building, modification, or refurbishment of single-family dwellings or apartment complexes designed for individual or familial occupancy. This sector's expansion involves erecting new residences and improving existing ones. Garbage disposal units, commonly installed in residential kitchens to manage solid food waste, stand to benefit from this trend. Notably, recent data from August 2023 reported a substantial 6.7% rise in single-family housing starts, accounting for the bulk of home construction, as compared to the preceding year, marking a 9.5% increase from 2022.

Despite the prevalent attention on environmental concerns by various governments and industries, the focus remains somewhat restricted. Particularly in developing nations, governments prioritize infrastructural development and industrialization, thereby limiting attention to the garbage disposal unit market. Instances such as the Kyoto Protocol, aimed at curbing global greenhouse gas emissions, resulted in minimal reductions due to lack of consensus and adherence to the stipulated targets by numerous countries. In response, manufacturers in this sector are concentrating on innovative eco-friendly solutions like waste-to-energy systems. These disposal units transform waste into fine particles, producing biogas usable for electricity generation.

Prominent players in the garbage disposal unit industry are strategically introducing advanced technology to gain a competitive advantage. Innovations such as EZ Installation Technology are being integrated into these units to streamline the installation process, eliminating the need for specialized tools or intricate procedures. For example, InSinkErator, a leading US-based manufacturer, unveiled the EZ Installation Technology in its latest line of garbage disposals in September 2023. These units also showcase the company's re-engineered MultiGrind and SoundSeal Technology, ensuring quieter and more efficient operation. The redesigned disposals aim to grind a wider array of food waste quietly, serving as an environmentally friendlier solution for kitchen waste management.

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.

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

The countries covered in the garbage disposable units market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada

The garbage disposable units market consists of sales of batch feed garbage disposals, continuous feed garbage disposals, and other garbage disposable units. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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