+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Smart Trash Bin Market Report and Forecast 2023-2028

  • PDF Icon

    Report

  • 174 Pages
  • July 2023
  • Region: Global
  • Expert Market Research
  • ID: 5868156
According to the report the global smart trash bin market reached a value of approximately USD 193 million in 2022. Aided by the increasing demand for smart home devices and the broadening applications of smart trash bins across various sectors, the market is projected to further grow at a CAGR of 12.19% between 2023 and 2028 reaching a value of USD 390.04 million by 2028.

Smart trash bins, a product of IoT (Internet of Things) technology, are designed to optimise waste management by offering features such as sensor-based automatic opening, waste compression, waste level detection, and internet-enabled alerts for emptying the bin. They are an integral part of the burgeoning smart home industry, promoting hygiene and convenience for consumers.

The rising consumer preference for smart home devices is driving the global smart trash bin market growth. With increasing awareness of the benefits provided by IoT in improving convenience and efficiency, there has been a significant shift towards smart home devices. This trend, combined with the growing emphasis on hygiene and cleanliness, has fuelled the surge in demand for smart trash bins.

The broadening applications of smart trash bins across various sectors also play a significant role in boosting the smart trash bin market demand. In the healthcare sector, these devices can reduce the risk of infections by limiting direct contact with waste. In offices and commercial spaces, smart trash bins enhance cleanliness and efficiency by automating waste management tasks. Meanwhile, in public spaces, these devices can help maintain cleanliness by alerting maintenance staff when they need to be emptied, thus preventing overflow.

Moreover, the ongoing developments in IoT technology have led to an increase in the capabilities of smart trash bins, aiding the smart trash bin market development. Modern devices can now integrate with home automation systems, providing users with real-time updates on waste levels and even reminding them to take out the trash. Some models even have the ability to sort and compress waste, making recycling easier and reducing the frequency of trash removal.

Furthermore, the increasing focus on sustainability and waste management is contributing to the smart trash bin market expansion. Smart trash bins can play a significant role in waste management strategies by optimising waste collection and encouraging recycling. These bins can compress waste, increasing their capacity and reducing the frequency of trash collection, which can lead to reduced carbon emissions from garbage trucks.

Market Segmentation

The market can be divided based on capacity, operation, distribution channel, and region.

Market Breakup by Capacity

  • 8 to 13 Gallons
  • 14 to 33 Gallons
  • Above 24 Gallons

Market Breakup by Operation

  • Automatic
  • Semi-Automatic

Market Breakup by Distribution Channel

  • Offline
  • Online

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global smart trash bin companies. Some of the major key players explored in the report are as follows:
  • Ausko Pte Ltd
  • iTouchless Housewares and Products Inc.
  • simplehuman, LLC
  • Hangshau Houseware Co., Ltd.
  • Home Depot, Inc.
  • Big Belly Solar LLC.
  • Honey Can Do International
  • Nine Stars Group (USA) Inc.
  • Binology LLC
  • CleanRobotics Technologies, Inc.
  • Others

About the Publisher

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.

*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Smart Trash Bin Market Analysis
8.1 Key Industry Highlights
8.2 Global Smart Trash Bin Historical Market (2018-2022)
8.3 Global Smart Trash Bin Market Forecast (2023-2028)
8.4 Global Smart Trash Bin Market by Capacity
8.4.1 8 to 13 Gallons
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 14 to 33 Gallons
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Above 24 Gallons
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Smart Trash Bin Market by Operation
8.5.1 Automatic
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Semi-Automatic
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global Smart Trash Bin Market by Distribution Channel
8.6.1 Offline
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Online
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.7 Global Smart Trash Bin Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Smart Trash Bin Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Smart Trash Bin Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Smart Trash Bin Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Smart Trash Bin Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Smart Trash Bin Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Ausko Pte Ltd
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 iTouchless Housewares and Products Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 simplehuman, LLC
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Hangshau Houseware Co., Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Home Depot, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Big Belly Solar LLC.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Honey Can Do International
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Nine Stars Group (USA) Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Binology LLC
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 CleanRobotics Technologies, Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market

Companies Mentioned

  • Ausko Pte Ltd
  • iTouchless Housewares and Products Inc.
  • simplehuman, LLC
  • Hangshau Houseware Co., Ltd.
  • Home Depot, Inc.
  • Big Belly Solar LLC.
  • Honey Can Do International
  • Nine Stars Group (USA) Inc.
  • Binology LLC
  • CleanRobotics Technologies, Inc.

Methodology

Loading
LOADING...