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.
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.
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