Global Garbage Disposal Unit Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Garbage Disposal Unit Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A Garbage Disposal Unit is a device, usually electric, that is installed under the kitchen sink, between the sink's drain and the trap. The Garbage Disposal Unit cuts food waste into pieces small enough-to pass through pipes.

Market Overview:

The latest research study on the global Garbage Disposal Unit market finds that the global Garbage Disposal Unit market reached a value of USD 1627.66 million in 2022. It’s expected that the market will achieve USD 1961.7 million by 2028, exhibiting a CAGR of 3.16% during the forecast period.

Garbage Disposal Unit Industry Drivers

With the development of the economy and the improvement of people's living standards, a large number of people flock to the city, which has made a great contribution to the prosperity and development of the city, but at the same time, it has also greatly increased the discharge of domestic waste in the city. More than half of modern domestic waste is food waste. Every year, the government invests a lot of manpower and material resources to deal with the waste, but it is difficult to meet the increasing emissions. With the continuous development of the social economy and the continuous improvement of people's living income, people are paying more and more attention to the health and comfort of the kitchen environment. Garbage Disposal Units are generally placed under the sink, and the product uses centrifugal force to crush kitchen waste and flush it down the drain. Garbage Disposal Unit can handle a lot of kitchen waste, such as hard branches of vegetables, fish bones, egg shells, dried fruit shells and bones. Moreover, after crushing the garbage and flushing it directly into the sewer, it will not make the kitchen smell bad, bugs, bacteria breeding, etc., and it is also a very convenient tool. For consumers, kitchen waste has various components, mixed dry and wet, and different rates of decay, making it difficult to sort and clean up. Garbage Disposal Unit is very convenient and quick to solve the problem of kitchen waste. Therefore, as people's disposable income levels continue to increase, the demand for Garbage Disposal Units will increase. For example, in China, according to data from the National Bureau of Statistics of China, the per capita disposable income of national residents in 2020 was 32,189 yuan, an increase of 4.7% over the previous year. In addition, the per capita disposable income of urban residents in 2020 was 43,834 yuan, an increase of 3.5% over the previous year. At the same time, with the continuous increase of urban population in China and the continuous increase of people's disposable income, the market demand for Garbage Disposal Unit will continue to increase. Overall, the increasing level of disposable income of people is one of the driving factors driving the development of the industry.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

The top three companies are InSinkErator, MOEN, Frigidaire with the revenue market share of 26.71%, 8.70%, 6.06% in 2021.

Headquartered in Wisconsin, InSinkErator, a business unit of Emerson, is the world's largest manufacturer of food waste disposers & instant hot water dispensers for home and commercial applications. The company offers innovative, durable products with superior grinding and sound performance, trouble-free operation, fast, easy installation, and a limited warranty.

MOEN offers a wide range of well-designed kitchen and bath faucets, shower heads, accessories, bath safety products, waste disposal and kitchen sinks for residential and commercial applications.

Segmentation Overview:

Among different product types, Below 3/4 hp segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Home segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Garbage Disposal Unit market covered in Chapter 3:

Joneca Corporation
Whirlpool
InSinkErator
Waste King
Hobart
MOEN
Salvajor
Franke
Becbas
Frigidaire
GE

In Chapter 4 and Chapter 14.2, on the basis of types, the Garbage Disposal Unit market from 2018 to 2029 is primarily split into:

Below 3/4 hp
3/4-1 hp
Above 1 hp

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Garbage Disposal Unit market from 2018 to 2029 covers:

Home
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)