DUBLIN, March 3, 2020 /PRNewswire/ -- The "Garbage Disposable Units Global Market Report 2020" report has been added to ResearchAndMarkets.com's offering.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider garbage disposable units market, and compares it with other markets.
The global garbage disposable units market was worth $3.47 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 3% and reach $3.78 billion by 2023.
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, up from 1.2 kg in 2012. The International Solid Waste Association has forecasted that globally municipal solid waste volumes will rise by a factor of 2.37 by 2050.
The focus on environmental issues from many governments and industries remained limited. Governments, especially in developing countries, were more focused on infrastructural development and industrialization. This lack of focus had a restraining effect on the garbage disposible units market. For instance, the Kyoto Protocol that was aimed at reducing greenhouse gas emissions worldwide, did not result in significant reductions in greenhouse gas emissions as many countries did not agree or stick to targets mentioned in the agreement.
The garbage disposable units manufacturing companies are focusing on innovating advanced environment friendly solutions such as waste-to-energy solutions. The disposers convert the garbage waste into fine particles, which further leads to the formation of biogas. The generated biogas in the form of biofuel can be used to generate electricity.
Major players in the market are 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, Haier.
Key Topics Covered
1. Executive Summary
2. Garbage Disposable Units Market Characteristics
3. Garbage Disposable Units Market Size and Growth
3.1. Global Garbage Disposable Units Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers of the Market
3.1.2. Restraints on the Market
3.2. Global Garbage Disposable Units Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers of the Market
3.2.2. Restraints on the Market
4. Garbage Disposable Units Market Segmentation
4.1. Global Garbage Disposable Units Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
- Continuous Feed
- Batch Feed
4.2. Global Garbage Disposable Units Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Garbage Disposable Units Market Regional And Country Analysis
5.1. Global Garbage Disposable Units Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Garbage Disposable Units Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
- Emerson Electric Co.
- Fortune Brands Home & Security Inc.
- Whirlpool Corporation
- Illinois Tool Works Inc.
- Joneca Corporation
- Electrolux AB
- Western Industries Plastic Products LLC
- Sears Brands, LLC
- Waste King
- Anaheim Manufacturing
- Greenfly Co. Limited
- Republic Services
- Aqua Enviro
- FOODLINK FORUM
- Clean Harbors
For more information about this report visit https://www.researchandmarkets.com/r/o2sstg
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets