Market Overview:
The Global Compost Bin Market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about the benefits of composting, rising demand for organic food, and growing construction and landscaping activities. The Aerobic Composting System segment is projected to grow at a higher CAGR than the Anaerobic Composting System segment during the forecast period. This can be attributed to factors such as ease of use and lower maintenance requirements of aerobic composting systems as compared to anaerobic composting systems. The Agriculture segment is estimated to account for the largest share of the global compost bin market in 2018. This can be attributed to factors such as increasing demand for organic food and rising awareness about sustainable farming practices among farmers worldwide.
Product Definition:
A compost bin is a container used to store organic material which can be later converted into compost. The importance of a compost bin is that it helps to recycle biodegradable waste and turn it into nutrient-rich soil amendment.
Aerobic Composting System:
Aerobic composting system is a closed system which helps in decomposition process of organic waste by microorganisms such as bacteria and fungi. Aerobic composting systems are used for the processing of food scrap, manure, green waste and sewage sludge. The aerobic composting process produces heat energy during the breakdown of organic materials into carbon dioxide, water, and other end products.
Anaerobic Composting System:
Anaerobic composting system is a closed biological system that decomposes organic waste without the presence of oxygen. The anaerobic process involves the breakdown of food into Renewable Energy (RE) and Carbon Dioxide (CO2). Anaerobic composting systems are used for municipal solid waste, processed food & meat wastes, sewage sludge, and agricultural wastes.
Application Insights:
The construction segment is likely to dominate the global compost bin market over the forecast period. This can be attributed to a rise in demand for residential and commercial buildings as well as infrastructure development across various regions. The agriculture segment accounted for more than 50% of the total revenue share in 2017 due to rising awareness among farmers regarding soil health, crop productivity and environmental protection.
In developed economies such as U.K., Germany, France and Italy there has been an increase in organic farming activities owing to growing consumer preference towards food produced through ecologically friendly methods without using synthetic pesticides or fertilizers since early 2010s when these economies were hit by recession due largely amongst other factors like high unemployment rate which resulted into decline in consumption of packaged foods & beverages among consumers resulting into growth of organic farming sector thus driving demand for compost bins across these regions eventually contributing toward overall industry growth globally over the recent years.
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of over 35.0% in 2017. This is attributed to increasing awareness regarding the product and its usage, along with stringent regulations for waste management by the regional governments. The region is expected to witness significant growth over the forecast period owing to rising demand for organic fertilizers from countries such as Germany, U.K., France, and Italy among others.
Asia Pacific is anticipated to register considerable growth during the forecast period owing to rapid urbanization and industrialization that has resulted into increased production of municipal solid waste (MSW).
Growth Factors:
- Increasing awareness about the benefits of composting: There is a growing awareness among people about the benefits of composting. This is helping to drive the demand for compost bins.
- Growing popularity of organic farming: The popularity of organic farming is another key growth driver for the compost bin market. Organic farming relies on using manure and other organic wastes to fertilize crops, which helps in improving soil health and reduces environmental pollution. This is driving the demand for compost bins among farmers and home gardeners alike.
- Stringent regulations on waste management: Governments are increasingly implementing stringent regulations on waste management, which is helping to drive the demand for compost bins as they help in better managing municipal solid waste (MSW).
- Rising consumer interest in sustainable living practices: There has been a rising consumer interest in sustainable living practices such as recycling and reducing food wastage, which is benefiting the compost bin market growth prospects positively . 5) Technological advancements: The advent of new technologies that make it easier to produce quality Compost Bin from household wastes are aiding market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Compost Bin Market Research Report
By Type
Aerobic Composting System, Anaerobic Composting System
By Application
Agriculture, Landscaping, Horticulture, Construction, Others
By Companies
FCMP, Utopia, OXO, Vivosun, Exaco, Geobin, Epica, Bamboozle, Lifetime, Worm Factory, FCMP, Natural Home, Enviro World FreeGarden
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Compost Bin Market Report Segments:
The global Compost Bin market is segmented on the basis of:
Types
Aerobic Composting System, Anaerobic Composting System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Landscaping, Horticulture, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FCMP
- Utopia
- OXO
- Vivosun
- Exaco
- Geobin
- Epica
- Bamboozle
- Lifetime
- Worm Factory
- FCMP
- Natural Home
- Enviro World FreeGarden
Highlights of The Compost Bin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aerobic Composting System
- Anaerobic Composting System
- By Application:
- Agriculture
- Landscaping
- Horticulture
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Compost Bin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A compost bin is a container that allows you to turn organic matter into soil.
Some of the major companies in the compost bin market are FCMP, Utopia, OXO, Vivosun, Exaco, Geobin, Epica, Bamboozle, Lifetime, Worm Factory, FCMP, Natural Home, Enviro World FreeGarden.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compost Bin Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Compost Bin Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Compost Bin Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Compost Bin Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Compost Bin Market Size & Forecast, 2018-2028 4.5.1 Compost Bin Market Size and Y-o-Y Growth 4.5.2 Compost Bin Market Absolute $ Opportunity
Chapter 5 Global Compost Bin Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Compost Bin Market Size Forecast by Type
5.2.1 Aerobic Composting System
5.2.2 Anaerobic Composting System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Compost Bin Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Compost Bin Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Landscaping
6.2.3 Horticulture
6.2.4 Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compost Bin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Compost Bin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Compost Bin Analysis and Forecast
9.1 Introduction
9.2 North America Compost Bin Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Compost Bin Market Size Forecast by Type
9.6.1 Aerobic Composting System
9.6.2 Anaerobic Composting System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Compost Bin Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Landscaping
9.10.3 Horticulture
9.10.4 Construction
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Compost Bin Analysis and Forecast
10.1 Introduction
10.2 Europe Compost Bin Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Compost Bin Market Size Forecast by Type
10.6.1 Aerobic Composting System
10.6.2 Anaerobic Composting System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Compost Bin Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Landscaping
10.10.3 Horticulture
10.10.4 Construction
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Compost Bin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Compost Bin Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Compost Bin Market Size Forecast by Type
11.6.1 Aerobic Composting System
11.6.2 Anaerobic Composting System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Compost Bin Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Landscaping
11.10.3 Horticulture
11.10.4 Construction
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Compost Bin Analysis and Forecast
12.1 Introduction
12.2 Latin America Compost Bin Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Compost Bin Market Size Forecast by Type
12.6.1 Aerobic Composting System
12.6.2 Anaerobic Composting System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Compost Bin Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Landscaping
12.10.3 Horticulture
12.10.4 Construction
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Compost Bin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Compost Bin Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Compost Bin Market Size Forecast by Type
13.6.1 Aerobic Composting System
13.6.2 Anaerobic Composting System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Compost Bin Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Landscaping
13.10.3 Horticulture
13.10.4 Construction
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Compost Bin Market: Competitive Dashboard
14.2 Global Compost Bin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FCMP
14.3.2 Utopia
14.3.3 OXO
14.3.4 Vivosun
14.3.5 Exaco
14.3.6 Geobin
14.3.7 Epica
14.3.8 Bamboozle
14.3.9 Lifetime
14.3.10 Worm Factory
14.3.11 FCMP
14.3.12 Natural Home
14.3.13 Enviro World FreeGarden