The global trash can market size was valued at $3.3 billion in 2021, and is projected to reach $5.3 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031.A trash can, also known as a waste can, is a vessel used to hold waste. The majority are made of metal and plastic. Trash cans are sturdy and can carry big loads, providing for safe and convenient rubbish storage, disposal, and transportation. The garbage bin is covered to keep pests and insects out and to reduce odor. Specialized can liners assist in the control of leaks and unpleasant smells. Trash cans enable the sanitary collecting of wastes, which can be liquid or solid. Trash cans are available for both indoor and outdoor use, with varying degrees of strength to fit. The massive garbage cans include rollers, wheels, and distinctive lids to make them simpler to manage.
The most concerning issue, today, across the globe is environmental deterioration, which is aggravated by industrial manufacturers, as these industries use low-quality plastics for processing. The usage of low-quality plastic and metal for manufacturing trash can has a negative impact on the environment by increasing the carbon footprint. The use of wood and bamboo for manufacturing trash cans with the good build quality is the solution to the aforementioned problem. The use of wood and bamboo will help to preserve nature and will reduce the carbon footprint. Manufacturers are developing innovative technologies to extend the shelf life of the product and protect the product from damage, moisture, and foreign particles.
Plastic pollution has emerged as one of the most important environmental challenges since the world's ability to cope with it has been overwhelmed by the fast-rising manufacturing of throwaway plastic items. Plastic pollution is especially noticeable in impoverished Asian and African countries, where rubbish collection systems are sometimes ineffective or non-existent. However, the developed world, particularly in countries with low recycling rates, has difficulty properly collecting discarded plastics. Plastic waste has grown so pervasive that efforts have been made by the United Nations and are expected to take a longer period to reduce the plastic waste that is produced by households. Sewage plays a crucial role in the spread of microplastics. According to the study, between 80 and 90% of the plastic particles included in sewage, such as clothing fibers, survive in the sludge. Since sewage sludge is frequently applied to fields as fertilizer, thousands of tons of microplastics wind up in our soils each year. Microplastics have even been discovered in tap water. Furthermore, the surfaces of microscopic plastic pieces may harbor disease-causing organisms and function as a vector for illnesses in the environment. Plastic particles can also interact with soil organisms, influencing their health as well as soil functions.
According to worldbank.org, the majority of the global trash is now buried or disposed of in landfills. With 8% disposed of in landfilling equipped with landfill gas collecting systems. Open dumping accounts for around 31% of garbage, whereas 19% is retrieved through recycling and composting, and 11% is burnt for final disposal. Adequate waste disposal or treatments, such as regulated landfills or more stringently maintained facilities, is almost entirely reserved for high- and upper-middle-income countries. Lower-income nations often rely on open dumping; in low-income countries, 93%of garbage is discarded, whereas just 2% is dumped in high-income ones. The Middle East and North Africa, Sub-Saharan Africa, and South Asia publicly dump more than half of their rubbish. The biggest percentage of garbage in landfills is found in upper-middle-income nations, at 54%. In high-income nations, this rate falls to 39%, with 36% of garbage diverted to recycling and reuse and 22% diverted to incineration. Incineration is mostly employed in elevated, high-income, and land-scarce countries.
The waste management and disposal industry has grown as one of the most important in recent years. Market organizations must supply innovations to draw consumers' attention and encourage them to employ garbage disposal solutions for their advantage, as proper waste disposal aids in germ contamination prevention. Alternative items such as garbage bags and recycling bins have an impact on the expansion of the trash can industry. Garbage can market companies are offering unique trash can items to retain brand sales and keep customers engaged in the brand. One of the key factors discouraging consumers from using trash cans is the extra effort needed to dump the waste in a traditional trash can, and on the other hand, a sensor trash can has a high chance of breakdown, which makes it difficult to use. For this exact reason, the consumers prefer dumping their waste outdoors. Therefore the introduction of dual featured trash can that can operate both automatic and manual. The introduction of new variants of products is anticipated to propel the growth of the trash can market.
The trash can market is segmented based on product type, material, end-user, distribution channel, and region. Based on product type, the market is categorized into pedal trash can, sensor trash can open trash can, and others. Based on material, it is segregated into metal, plastic, and others. Based on the end-user, it is bifurcated into household and commercial. Based on distribution channel, it is divided into hypermarkets/supermarkets, specialty stores, online channels, and others. Based on region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, and the Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Brazil, Turkey, South Africa, Argentina, and Rest of LAMEA).
The players operating in the global trash can market have adopted various developmental strategies to expand their trash can market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Grahl Manufacturing, Inter IKEA Systems B.V., iTouchless Housewares & Products Inc. Newell brands, Nine Stars Group USA Inc, Otto Environmental Systems North America, Inc., Rev-A-Shelf, Simplehuman, Tramontina, and Umbra.
The most concerning issue, today, across the globe is environmental deterioration, which is aggravated by industrial manufacturers, as these industries use low-quality plastics for processing. The usage of low-quality plastic and metal for manufacturing trash can has a negative impact on the environment by increasing the carbon footprint. The use of wood and bamboo for manufacturing trash cans with the good build quality is the solution to the aforementioned problem. The use of wood and bamboo will help to preserve nature and will reduce the carbon footprint. Manufacturers are developing innovative technologies to extend the shelf life of the product and protect the product from damage, moisture, and foreign particles.
Plastic pollution has emerged as one of the most important environmental challenges since the world's ability to cope with it has been overwhelmed by the fast-rising manufacturing of throwaway plastic items. Plastic pollution is especially noticeable in impoverished Asian and African countries, where rubbish collection systems are sometimes ineffective or non-existent. However, the developed world, particularly in countries with low recycling rates, has difficulty properly collecting discarded plastics. Plastic waste has grown so pervasive that efforts have been made by the United Nations and are expected to take a longer period to reduce the plastic waste that is produced by households. Sewage plays a crucial role in the spread of microplastics. According to the study, between 80 and 90% of the plastic particles included in sewage, such as clothing fibers, survive in the sludge. Since sewage sludge is frequently applied to fields as fertilizer, thousands of tons of microplastics wind up in our soils each year. Microplastics have even been discovered in tap water. Furthermore, the surfaces of microscopic plastic pieces may harbor disease-causing organisms and function as a vector for illnesses in the environment. Plastic particles can also interact with soil organisms, influencing their health as well as soil functions.
According to worldbank.org, the majority of the global trash is now buried or disposed of in landfills. With 8% disposed of in landfilling equipped with landfill gas collecting systems. Open dumping accounts for around 31% of garbage, whereas 19% is retrieved through recycling and composting, and 11% is burnt for final disposal. Adequate waste disposal or treatments, such as regulated landfills or more stringently maintained facilities, is almost entirely reserved for high- and upper-middle-income countries. Lower-income nations often rely on open dumping; in low-income countries, 93%of garbage is discarded, whereas just 2% is dumped in high-income ones. The Middle East and North Africa, Sub-Saharan Africa, and South Asia publicly dump more than half of their rubbish. The biggest percentage of garbage in landfills is found in upper-middle-income nations, at 54%. In high-income nations, this rate falls to 39%, with 36% of garbage diverted to recycling and reuse and 22% diverted to incineration. Incineration is mostly employed in elevated, high-income, and land-scarce countries.
The waste management and disposal industry has grown as one of the most important in recent years. Market organizations must supply innovations to draw consumers' attention and encourage them to employ garbage disposal solutions for their advantage, as proper waste disposal aids in germ contamination prevention. Alternative items such as garbage bags and recycling bins have an impact on the expansion of the trash can industry. Garbage can market companies are offering unique trash can items to retain brand sales and keep customers engaged in the brand. One of the key factors discouraging consumers from using trash cans is the extra effort needed to dump the waste in a traditional trash can, and on the other hand, a sensor trash can has a high chance of breakdown, which makes it difficult to use. For this exact reason, the consumers prefer dumping their waste outdoors. Therefore the introduction of dual featured trash can that can operate both automatic and manual. The introduction of new variants of products is anticipated to propel the growth of the trash can market.
The trash can market is segmented based on product type, material, end-user, distribution channel, and region. Based on product type, the market is categorized into pedal trash can, sensor trash can open trash can, and others. Based on material, it is segregated into metal, plastic, and others. Based on the end-user, it is bifurcated into household and commercial. Based on distribution channel, it is divided into hypermarkets/supermarkets, specialty stores, online channels, and others. Based on region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, and the Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Brazil, Turkey, South Africa, Argentina, and Rest of LAMEA).
The players operating in the global trash can market have adopted various developmental strategies to expand their trash can market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Grahl Manufacturing, Inter IKEA Systems B.V., iTouchless Housewares & Products Inc. Newell brands, Nine Stars Group USA Inc, Otto Environmental Systems North America, Inc., Rev-A-Shelf, Simplehuman, Tramontina, and Umbra.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the trash can industry from 2021 to 2031 to identify the prevailing trash can market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the trash can market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global market trends, key players, market segments, application areas, and market growth strategies
Key Market Segments
By Material
- Metal
- Plastic
- Others
By End User
- Household
- Commercial
By Product Type
- Pedal Trash Can
- Sensor Trash Can
- Open Trash Can
- Others
By Distribution Channel
- Hypermarkets/Supermarkets
- Specialty Stores
- Online Channels
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Turkey
- South Africa
- Argentina
- Rest of LAMEA
Key Market Players
- Grahl Manufacturing
- Inter IKEA Systems B.V.
- ITouchless Housewares and Products Inc.
- Newell Brands
- Nine Stars Group USA Inc
- Otto Environmental Systems North America, Inc.
- Rev-A-Shelf
- Simplehuman
- Tramontina
- Umbra
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: TRASH CAN MARKET, BY PRODUCT TYPE
CHAPTER 5: TRASH CAN MARKET, BY MATERIAL
CHAPTER 6: TRASH CAN MARKET, BY END USER
CHAPTER 7: TRASH CAN MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 8: TRASH CAN MARKET, BY REGION
CHAPTER 9: COMPANY LANDSCAPE
CHAPTER 10: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Trash Can Market," the trash can market size was valued at $3.3 billion in 2021, and is estimated to reach $5.3 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031. A trash can, sometimes known as a garbage can, is a container for storing waste. The vast majority are made of metal and plastic. Trash cans are sturdy and can withstand large loads, enabling safe and convenient rubbish storage, disposal, and transportation. To keep pests & insects out and to reduce odor, the garbage can is covered. Specialized can liners assist in the control of leaks and smells. Trash cans enable the sanitary collecting of wastes, which can be liquid or solid. Trash cans are designed for both indoor and outdoor usage, with differing degrees of strength to meet the environment. To make them simpler to handle, the massive garbage cans include rollers, wheels, and distinctive lids.According to worldbank.org, the majority of the global trash is now buried or disposed of in landfills. With 8% disposed of in landfilling equipped with landfill gas collecting systems. Open dumping accounts for around 31% of garbage, whereas 19% is retrieved through recycling and composting, and 11% is burnt for final disposal. Adequate waste disposal or treatments, such as regulated landfills or more stringently maintained facilities, is almost entirely reserved for high- and upper-middle-income countries. Lower-income nations often rely on open dumping; in low-income countries, 93%of garbage is discarded, whereas just 2% is dumped in high-income ones. The Middle East and North Africa, Sub-Saharan Africa, and South Asia publicly dump more than half of their rubbish outside which hinders the trash can market growth. The biggest percentage of garbage in landfills is found in upper-middle-income nations, at 54%. In high-income nations, this rate falls to 39%, with 36% of garbage diverted to recycling and reuse and 22% diverted to incineration. Incineration is mostly employed in elevated, high-income, and land-scarce countries.
During the lockdown, owing to coronavirus, the waste production mainly increased from residential areas as compared to industrial and commercial centers, as industries and offices were partially or completely shut down so very less industrial and commercial waste was generated. Further, the decline in the production of new goods led to a fall in demand for recyclable materials such as rubber and plastic. However, the reopening of production facilities and introduction of vaccines for coronavirus disease has led to the re-initiation of waste management companies and the waste recycle industry at their full-scale capacities. The work from home culture is the major boosting factor in the increase of residential waste, which is increasing the trash can market opportunity for growth
The trash can market is segmented on the basis of product type, material, end user, distribution channel, and region. According to trash can market analysis, on the basis of product type, the market is categorized into pedal trash can, sensor trash can, open trash can and others. On the basis of material, it is segregated into metal, plastic, and others. On the basis of end user, it is bifurcated into household and commercial. On the basis of distribution channel, it is divided into hypermarkets/supermarkets, specialty stores, online channels, and others. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Brazil, Turkey, South Africa, Argentina, and Rest of LAMEA).
The players operating in the global trash can industry have adopted various developmental strategies to expand their trash can market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Grahl Manufacturing, Inter IKEA Systems B.V., iTouchless Housewares & Products Inc.Newell brands, Nine Stars Group USA Inc, Otto Environmental Systems North America, Inc., Rev-A-Shelf, Simplehuman, Tramontina, and Umbra.
Key Findings of the Study
- On the basis of product type, the sensor trash can segment is projected to witness the highest CAGR of 6.4%, in revenue terms, during the forecast period.
- According to trash can market trends, on the basis of material, the metal segment is expected to dominate the market from 2021 to 2030.
- On the basis of end user, the household segment is projected to witness the highest CAGR in revenue terms, during the trash can market forecast period.
- On the basis of distribution channel, the hypermarkets/supermarkets segment is expected to grow at a significant CAGR during the forecast period.
- On the basis of region, U.S. was the country with largest trash can market size, in terms of revenue generation for the trash can industry in 2021.
- On the basis of region, LAMEA is anticipated to witness highest growth rate, registering a CAGR of 6.9% from 2021 to 2030.
Companies Mentioned
- Grahl Manufacturing
- Inter Ikea Systems B.V.
- Itouchless Housewares and Products Inc.
- Newell Brands
- Nine Stars Group Usa Inc
- Otto Environmental Systems North America, Inc.
- Rev-A-Shelf
- Simplehuman
- Tramontina
- Umbra
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 290 |
| Published | June 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 3.3 billion |
| Forecasted Market Value ( USD | $ 5.3 billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
