Garbage disposals are environment friendly and the end product produced after the processing of waste is further used in the form of biofuels, which is an added advantage of the disposal units. It is used for commercial and residential applications. Garbage disposals are further segmented on the basis of their product type as continuous and batch feed disposals.
Global garbage disposal market was valued at US$ 2,786.5 Million in 2021 in terms of revenue, exhibiting a CAGR of 4.81% during the forecast period (2022 to 2030).
Drivers
Increasing demand for environment friendly garbage disposals over the conventional disposal methods is one of the major factors that is expected to propel growth of market over the forecast period. The waste generated from garbage disposals is further treated in wastewater treatment plants and the leftover grit/solid remains are used as fertilizers. This method is opted over the conventional dumping/burning of garbage, as it also allows to use the residual wastage. In-sink disposers convert food waste into fine particles, in the form of slurry. This slurry passes through the plumbing system to reach septic tank and a process called anaerobic digestion transforms the waste into end products such as biogas. This biogas can be used in the form of fertilizers or biofuel to generate electricity.
The use of garbage disposals reduces carbon footprints more efficiently as compared to conventional methods of disposing food waste on the landfills, which produces methane gas. Methane gas traps heat from the surrounding and releases a liquid acidic residue, which seeps into the ground water to pollute water reserves. Moreover, conventional methods of garbage disposals coupled with foul smell from trash bins and soot from burning garbage in the environment lead to various health hazards such as dengue, malaria, asthma, and respiratory illnesses. Therefore, above mentioned factors are expected to drive market growth for garbage disposals resulting in its high demand during the forecast period.
North America is expected to holds the dominant position in the global garbage disposal market for the forecast period. North America is one of the major producers of garbage in the world. The waste collection rate of the region is around 98%, owing to the strict government regulations regarding the garbage disposal and presence of key market players in this region such as Emerson Electric Co., Fortune Brands Home & Security Inc., and Whirlpool Corporation, which is driving market growth for garbage disposal in this region.
Figure 1. Global Garbage Disposal Market Value Share (%), By Region, 2021
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Market Restraints
Low adoption of garbage disposals due to restriction by government on disposing certain food items such as egg shells, bones, and others is one of the major factors that is expected to hamper growth of market over the forecast period. Garbage disposal is both complex and time-consuming process.
Garbage Disposal Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2021 | Market Size in 2021: | US$ 2,786.5 Mn |
Historical Data for: | 2017-2021 | Estimated Year: | 2022 |
Forecast Period 2022 to 2030 CAGR: | 4.81% | Forecast Period: | 2022-2030 |
Geographies covered: |
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Segments covered: |
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Companies covered: |
Emerson Electric Co., Fortune Brands Home & Security Inc., Whirlpool Corporation, Illinois Tool Works Inc., Joneca Corporation, Salvajor, Electrolux AB, Western Industries Plastic Products LLC., Sears Brands, LLC, and Haier Inc., Waste King, and Frigidare. |
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Growth Drivers: |
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Restraints & Challenges: |
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Market Trends
Growing use of in-sink disposers that help in converting food waste into fine particles and then leading to the formation of biogas. Biogas can be used in the form of fertilizer or biofuel to generate electricity. Garbage disposal also helps in reducing carbon footprints in a much efficient manner than conventional methods for garbage disposal. There are various types of traditional ways of garbage disposal such as burning, dumping, and similar other ways. But these are harmful to the environment and can lead to various health problems such.
Figure 2. Global Garbage Disposal Market Value Share (%), By Application, 2021
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On the basis of application, the residential segment led the global garbage disposal market and accounted for more than 60.2% share of the total revenue in 2021. The growing urban population coupled with rising disposable income levels in countries such as India and China is expected to drive demand for residential installations of continuous feed disposers, which are primarily used at homes.
Recent Developments:
Competitive Section:
Major players operating in the global garbage disposal market include Emerson Electric Co., Fortune Brands Home & Security Inc., Whirlpool Corporation, Illinois Tool Works Inc., Joneca Corporation, Salvajor, Electrolux AB, Western Industries Plastic Products LLC., Sears Brands, LLC, and Haier Inc., Waste King, and Frigidare
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