All updated as on -
By 2030, the global market for smart trash cans is projected to be worth USD 16.39 billion, growing at a CAGR of 7.79% between 2022 and 2030.
The smart trash cans are a form of IoT-enabled, cloud-monitored and -processed automated waste management that utilise remote ultrasonic fill-level sensors to determine the bin's capacity. Based on the data provided, waste management companies can better plan their routes and service frequencies. These smart cans employ a solar-powered garbage compactor that kicks on at a set level to contain up to eight times as much trash without spilling over. As a result of changes like urbanisation and industrialization, there is a rising demand for high-tech garbage cans. One of the key factors propelling market development is the rising need for efficient waste management and disposal. Even though brick-and-mortar stores, wholesalers, and vendors make up the bulk of the smart garbage cans market in North America, online sales have contributed significantly to the expansion of this sector. Industry participants are increasing their global market awareness and supply chain efficiency by partnering with major e-commerce organisations around the world such as Amazon, Walmart, Costco, eBay, and Alibaba.
This study breaks down the global Smart Trash Bin Market into distinct submarkets, complete with projections for future revenue development and in-depth analyses of current market trends. The paper examines the market for smart garbage cans and the factors that are driving it and holding it back. The competitive landscape has been drawn taking into account the most up-to-date market changes and tactics, including growth, product launch and development, collaboration, merger, and acquisition. The research provides a detailed analysis of the key companies in the Smart Trash Bin Market, including a comprehensive analysis of their core capabilities in each subsegment of the market.
Influential Elements
Smart Trash Bin Market growth is anticipated to be fueled by rising investments in smart cities and efficient garbage disposal systems in response to the rising use of the Internet of Things (IoT) and other technological advancements. In addition, producers of non-contact garbage cans are increasing their efforts to boost demand for their products as social welfare groups, local government organisations, and other associated regulatory authorities strengthen their efforts to maintain cleaner surroundings in metropolitan areas. Governments and manufacturers are taking action to persuade the majority of householders to switch to non-contact trash cans for their regular garbage disposal needs. In addition, hotels and restaurants are increasingly installing automatic garbage cans, particularly in public restrooms, as part of their efforts to provide appealing services to customers. To further promote a clean and healthy environment, smart cans are being installed in public restrooms in places like malls, airports, bus terminals, and subway stations.
The Smart Trash Bin Market is divided into submarkets for bins with capacities of 8 to 13 gallons, 14 to 23 gallons, and more than 23 gallons. The availability of a wide selection of products in sizes including 13.2 gallons, 14 gallons, 15 gallons, 18 gallons, 22 gallons, and beyond is likely to drive growth in the 14 to 23 gallon category throughout the forecast period. Hotels, public restrooms, and hospitals, among other commercial establishments, generate large amounts of rubbish and benefit greatly from the use of these automatic garbage containers.
The Smart Trash Bin Market is divided into two different types of applications: residential and commercial. The residential sector is expected to maintain its 27.3% revenue share and lead the market during the projection period because of rising consumer interest in the product's convenience. Demand for intelligent waste containers is expected to rise due to the convenience they offer and growing concerns about the importance of maintaining sanitary conditions in the workplace by minimising the spread of germs. Electronic components like detectors, motion sensors, and batteries make smart trash cans quite pricey. The Smart Trash Bin Market is split between online and offline categories based on the predominant method of making sales. The internet sector is expected to maintain its dominant market position and grow its revenue share to 34.2% by the end of the projected period. Options are more extensive on digital platforms. In addition to these factors, consumers value the market's accessibility, zero shipping costs, and dependable payment options.
Report Coverage
Global Smart Trash Bin research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Smart Trash Bin report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Smart Trash Bin competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Smart Trash Bin market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Smart Trash Bin market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Smart Trash Bin market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ausko Pte Ltd., Nine Stars Group Inc., iTouchless Housewares & Products, Inc., Simplehuman, HANGSHAU Houseware Co., Ltd., Home Depot Product Authority, LLC, CleanRobotics, Modern Home, Sigfox, Evreka, Enevo Inc., Sensoneo
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Smart Trash Bin market based on the below-mentioned segments:
Global Smart Trash Bin Market, By Capacity
8 To 13 Gallons
14 To 23 Gallons
above 23 Gallons
Global Smart Trash Bin market, By End Use
Residential
Commercial
Global Smart Trash Bin Market, By Sales Channel
Offline
Online
Global Smart Trash Bin market, Regional Analysis
The smart trash cans are a form of IoT-enabled, cloud-monitored and -processed automated waste management that utilise remote ultrasonic fill-level sensors to determine the bin's capacity. Based on the data provided, waste management companies can better plan their routes and service frequencies. These smart cans employ a solar-powered garbage compactor that kicks on at a set level to contain up to eight times as much trash without spilling over. As a result of changes like urbanisation and industrialization, there is a rising demand for high-tech garbage cans. One of the key factors propelling market development is the rising need for efficient waste management and disposal. Even though brick-and-mortar stores, wholesalers, and vendors make up the bulk of the smart garbage cans market in North America, online sales have contributed significantly to the expansion of this sector. Industry participants are increasing their global market awareness and supply chain efficiency by partnering with major e-commerce organisations around the world such as Amazon, Walmart, Costco, eBay, and Alibaba.
This study breaks down the global Smart Trash Bin Market into distinct submarkets, complete with projections for future revenue development and in-depth analyses of current market trends. The paper examines the market for smart garbage cans and the factors that are driving it and holding it back. The competitive landscape has been drawn taking into account the most up-to-date market changes and tactics, including growth, product launch and development, collaboration, merger, and acquisition. The research provides a detailed analysis of the key companies in the Smart Trash Bin Market, including a comprehensive analysis of their core capabilities in each subsegment of the market.
Influential Elements
Smart Trash Bin Market growth is anticipated to be fueled by rising investments in smart cities and efficient garbage disposal systems in response to the rising use of the Internet of Things (IoT) and other technological advancements. In addition, producers of non-contact garbage cans are increasing their efforts to boost demand for their products as social welfare groups, local government organisations, and other associated regulatory authorities strengthen their efforts to maintain cleaner surroundings in metropolitan areas. Governments and manufacturers are taking action to persuade the majority of householders to switch to non-contact trash cans for their regular garbage disposal needs. In addition, hotels and restaurants are increasingly installing automatic garbage cans, particularly in public restrooms, as part of their efforts to provide appealing services to customers. To further promote a clean and healthy environment, smart cans are being installed in public restrooms in places like malls, airports, bus terminals, and subway stations.
The Smart Trash Bin Market is divided into submarkets for bins with capacities of 8 to 13 gallons, 14 to 23 gallons, and more than 23 gallons. The availability of a wide selection of products in sizes including 13.2 gallons, 14 gallons, 15 gallons, 18 gallons, 22 gallons, and beyond is likely to drive growth in the 14 to 23 gallon category throughout the forecast period. Hotels, public restrooms, and hospitals, among other commercial establishments, generate large amounts of rubbish and benefit greatly from the use of these automatic garbage containers.
The Smart Trash Bin Market is divided into two different types of applications: residential and commercial. The residential sector is expected to maintain its 27.3% revenue share and lead the market during the projection period because of rising consumer interest in the product's convenience. Demand for intelligent waste containers is expected to rise due to the convenience they offer and growing concerns about the importance of maintaining sanitary conditions in the workplace by minimising the spread of germs. Electronic components like detectors, motion sensors, and batteries make smart trash cans quite pricey. The Smart Trash Bin Market is split between online and offline categories based on the predominant method of making sales. The internet sector is expected to maintain its dominant market position and grow its revenue share to 34.2% by the end of the projected period. Options are more extensive on digital platforms. In addition to these factors, consumers value the market's accessibility, zero shipping costs, and dependable payment options.
Report Coverage
Global Smart Trash Bin research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Smart Trash Bin report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Smart Trash Bin competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Smart Trash Bin market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Ausko Pte Ltd., Nine Stars Group Inc., iTouchless Housewares & Products, Inc., Simplehuman, HANGSHAU Houseware Co., Ltd., Home Depot Product Authority, LLC, CleanRobotics, Modern Home, Sigfox, Evreka, Enevo Inc., Sensoneo |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Smart Trash Bin Market from 2021 to 2030.
- Market Forecast for Smart Trash Bin Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Smart Trash Bin competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Smart Trash Bin
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Smart Trash Bin market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Smart Trash Bin market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ausko Pte Ltd., Nine Stars Group Inc., iTouchless Housewares & Products, Inc., Simplehuman, HANGSHAU Houseware Co., Ltd., Home Depot Product Authority, LLC, CleanRobotics, Modern Home, Sigfox, Evreka, Enevo Inc., Sensoneo
Primary Target Market
- Market Players of Smart Trash Bin
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Smart Trash Bin market based on the below-mentioned segments:
Global Smart Trash Bin Market, By Capacity
8 To 13 Gallons
14 To 23 Gallons
above 23 Gallons
Global Smart Trash Bin market, By End Use
Residential
Commercial
Global Smart Trash Bin Market, By Sales Channel
Offline
Online
Global Smart Trash Bin market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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