The Waste Disposable Units Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Waste Disposable Units Global Market Report 2024, 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.
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.
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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
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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26. South America Waste Disposable Units Market
27. Brazil Waste Disposable Units Market
28. Middle East Waste Disposable Units Market
29. Africa Waste Disposable Units Market
30. Waste Disposable Units Market Competitive Landscape And Company Profiles
Top Major Players:
- InSinkErator
- Waste King
- General Electric Appliances
- Frigidaire
- MOEN
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