The analysts forecast global trash compactor market to grow at a CAGR of 2.44% during the period 2016-2020.
Trash compactors have primarily found acceptance in North America owing to the averseness of Americans to pay for garbage disposable by private contractors. The market has witnessed the evolution of trash compactors and modern models feature advancements in terms of cleanliness and odor removal. Modern trash compactors are coated with antimicrobials to inhibit the growth of odor-producing bacteria, and reduce the risk of potential health hazards. Additional features such as safety locks have been incorporated in high-end models to ensure safety, and prevent accidental operations.Covered in this report
This report covers the present scenario and the growth prospects of the global trash compactor market for 2016-2020. To calculate the market size, the report considers revenue generated from the sale of domestic trash compactors.
The market is divided into the following segments based on geography:
- North America
This report, Global Trash Compactor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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- GE Appliances
Other prominent vendors
- Viking Range
- Increased cost of waste disposal
- Increased recycling efforts
- Growing home improvement and renovation activities
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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