Market Research Report
Global Household Composters Market 2018-2022
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||754212|
|Published||Content info||95 Pages
Delivery time: 1-2 business days
|Global Household Composters Market 2018-2022|
|Published: November 19, 2018||Content info: 95 Pages||
The increased investment in R&D will drive growth in the market. Vendors are making heavy investments in R&D to produce innovative composters by integrating novel and technologically advanced features. Technavio's analysts have predicted that the household composters market will register a CAGR of almost 6% by 2022.
The global household composters market is expected to observe rapid growth owing to increasing number of public outreach programs being rolled out by municipalities across the world, to encourage people to adopt household composters.
Availability of packaged compost, other composting methods, well organized civic waste collection process by municipalities, and presence of local composters set up by communities and municipalities are expected to hamper the sales of composters during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the household composters market during the 2018-2022, view our report.
The market appears to be fragmented and with the presence of several companies including Algreen Products and Good Ideas, the competitive environment is quite intense. Factors such as the increased investment in R&D and the effective supply chain management, will provide considerable growth opportunities to household composters manufactures. Algreen Products, Exaco Trading Company, Good Ideas, The Scotts Company, and Forest City Models and Patterns are some of the major companies covered in this report.
'With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities. Most of the established household composter manufacturers are focused on making heavy investments on development of innovative composters by integrating novel and technologically advanced features.'