Household Composters Market Insights, Key Players Outlook and Forecast Report till 2028
The global household composters market size is expected to reach USD 725.5 million by 2028, registering a CAGR of 6.6% over the forecast period, according to a new report by Million Insights. Increased awareness among consumers about home composting and rising demand for compost from the agriculture sector will drive the global market growth in near future. Supportive initiatives undertaken by various governments through municipalities’ public outreach programs to encourage consumers to use household composters will also drive the market.
The global household composters market size is expected to reach USD 725.5 million by 2028, registering a CAGR of 6.6% over the forecast period, according to a new report by Million Insights. Increased awareness among consumers about home composting and rising demand for compost from the agriculture sector will drive the global market growth in near future. Supportive initiatives undertaken by various governments through municipalities’ public outreach programs to encourage consumers to use household composters will also drive the market.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Household Composters Market Insights, Key
Players Outlook and Forecast Report till 2028
“Increased awareness among consumers about home composting and rising demand for compost
from the agriculture sector will drive the global market growth in near future.”
Household Composters Market report offers the most up-to-date data on current market scenario, trends and future
outlook. This study provides numerous opportunities for market players to invest for research and development in
the market. It also provides a detailed evaluation of the industry by highlighting information on different aspects
which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make
appropriate decisions before investing.
Main Features of the Report:
To gain insightful analyses of the market and have comprehensive understanding of the global market and its
commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global
market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
Impact Of COVID-19 on household composters Market.
The global household composters market size is expected to reach USD 725.5 million by 2028, registering a CAGR of
6.6% over the forecast period, according to a new report by Million Insights. Increased awareness among
consumers about home composting and rising demand for compost from the agriculture sector will drive the global
market growth in near future. Supportive initiatives undertaken by various governments through municipalities’
public outreach programs to encourage consumers to use household composters will also drive the market.
Request for Free Demo of This Report @
https://www.millioninsights.com/snapshots/household-composters-market-report/request-demo
In addition, increasing awareness about organic farming has highlighted the importance of home composting as it
enriches the soil, improves water and soil conservation, protects groundwater quality, and reduces fertilizer
requirements. This factor is likely to increase the demand for composters in organic farming, thereby supporting
market growth. Rising demand for composters to accommodate wastage generated at the places like schools,
restaurants, corporate offices in the form of vegetables & fruits, tea bags, nutshells, eggshells, leftovers, the paper
will drive the product demand.
In the U.S., in 2017, 35% of the solid waste collected by municipal was recycled and composted. In 2018, 24.9
million tons of solid waste was composted, which contributed to 8.5% of the total MSW. Yard trimming and food
scraps contributed up to 60% of the total composting. Growing awareness about bio-waste management and ecofriendly,
organic practices among consumers will drive the market further. Up to 30% of the household garbage,
which mostly contains food scraps and backyard waste, is compostable.
A composter is a container, which helps convert solid wastes like food, yard, and kitchen waste into compost in a
lesser period compared to the conventional process. The economic slowdown in the Covid-19 pandemic has had a
negligible impact on this market. The pandemic has highlighted the importance of organic products due to their
health benefits. This has resulted in a consumer shift towards growing organic produce in backyards, which, in turn,
supports the market growth. However, reduced disposable incomes due to the economic slowdown may restrict
the demand for gardening materials.
Browse Full Research Report @
https://www.millioninsights.com/snapshots/household-composters-market-report
Hospital Foodservice Equipment Market Report Highlights
Europe was the largest regional market in 2020 and accounted for a share of over 38%. This growth was
credited to the factors, such as high product demand in the agriculture sector, high awareness about
composting, and supportive government regulations encouraging the product usage
The product type tumbler segment is projected to register the fastest CAGR of more than 7% from 2021 to
2028
This growth can be attributed to the growing demand for tumblers as they provide mature compost in less
time
Asia Pacific is projected to be the fastest-growing regional market from 2021 to 2028 due to the
government initiatives encouraging product usage
The plastics material segment accounted for the largest revenue share in 2020 and is projected to expand
further at the fastest CAGR of over 7% from 2021 to 2028 due to the easy availability and affordability of
plastics
Household Composters Market Segmentation
Million Insights has segmented the global household composters market on the basis of product type, material,
capacity, and region:
Household Composters Product Type Outlook (Revenue, USD Million, 2017 - 2028)
Stationary
Tumbler
Compacting
Household Composters Material Outlook (Revenue, USD Million, 2017 - 2028)
Plastic
Metal
Others
Household Composters Capacity Outlook (Revenue, USD Million, 2017 - 2028)
Below 50 Gallons
51 - 100 Gallons
Above 100 Gallons
Household Composters Regional Outlook (Revenue, USD Million, 2017 - 2028)
North America
o U.S.
Europe
o Germany
o U.K.
Asia Pacific
o China
o India
o Japan
Central & South America
o Brazil
Middle East & Africa
o South Africa
List of Key Players of Household Composters Market
Algreen Products, Inc.
Enviro World Corp.
Envirocycle Systems, Inc.
Exaco Trading Co.
Forest City Models and Patterns Ltd.
Good Ideas Inc.
Natures Footprint, Inc.
Presto Products Co.
Schiller Grounds Care, Inc.
The Scotts Miracle-Gro Co.
Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction.
Our representatives strive to understand diverse client requirements and cater to the same with
the most innovative and functional solutions.
Contact Person:
Ryan Manuel
Research Support Specialist, USA
Email: ryan@millioninsights.com
Global Headquarters
Million Insights
Felton Office Plaza 6265 Highway 9
Felton, California 95018, United States
Phone: 1-408-610-2300
Email: sales@millioninsights.com
Asia Pacific
Million Insights
Office No. 302, 3rd Floor, Manikchand
Galleria, Model Colony, Shivaji Nagar,
Pune, MH, 411016 India
Phone: 91-20-65300184
Email: sales@millioninsights.com
Visit Our Blog: www.millioninsights.blogspot.com