
North America Smart Trash Bin Market - By Capacity (8 to 13 Gallon, 14 to 23 Gallon, Above 23 Gallon); By End User (Residential, Commercial); By Sales Channel (Offline, Online); By Country (United States, Canada), Trend Analysis, Competitive Landscape & F
Description
North America Smart Trash Bin Market - By Capacity (8 to 13 Gallon, 14 to 23 Gallon, Above 23 Gallon); By End User (Residential, Commercial); By Sales Channel (Offline, Online); By Country (United States, Canada), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
North America Smart Trash Bin Market Size Booming at Impressive CAGR of 9.3% to Reach Whopping USD 15 Billion by 2029
North America smart trash bin market is flourishing due to a growing need for smart waste management and waste disposal, as well as increased efforts and supportive initiatives by product manufacturers and governments.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the North America smart trash bin market size at USD 8.2 billion in 2022. During the forecast period between 2023 and 2029, North America smart trash bin market size is projected to grow at an impressive CAGR of 9.3% reaching a value of USD 14.86 billion by 2029. The growing demand for efficient waste management and disposal is one of the primary reasons driving market progress. The rising concerns for cleanliness and hygiene to stop the transmission of germs is in line with an increase in the demand for automatic garbage cans. Several measures are being introduced by local government entities, other pertinent regulatory authorities, and public welfare organizations to ensure a cleaner environment in urban areas. As a result, manufacturers of touchless trash cans are working harder to encourage people to utilize their goods.
North America Smart Trash Bin Market - Overview
Smart trash bins are automatic trash cans or bins used for waste disposal or management. It is a sensor-based, touchless technology that requires less human effort. Over the projected period, demand is expected to increase due to increasing innovation and the usage of cutting-edge technology in smart garbage cans. The market for smart trash cans has expanded as a result of the necessity for the nation to upgrade its waste management system.
North America Smart Trash Bin Market – By Source
The 14–23 gallon capacity category is expected to lead the market in North America in terms of revenue due to the availability of a large variety of goods in sizes ranging from 13.2 gallons to 14 gallons, 15 gallons, 18 gallons, 22 gallons, and so on. The commercial sector, which needs trash cans with higher capacities to collect enormous volumes of waste created by hotels, public restrooms, and hospitals, among other places, is where 14–23 gallon automatic garbage cans are particularly well-liked.
Impact of COVID-19 on North America Smart Trash Bin Market
COVID-19 pandemic had a significant impact on the expansion of the market under study. Growing awareness of the importance of preserving cleanliness and hygiene in one's surroundings has increased demand for smart trash cans, particularly in the residential and healthcare sectors. These developments are causing regular changes in consumer buying habits, which will probably have a positive long-term effect on the industry under investigation.
Competitive Landscape
North America smart trash bin market is fiercely competitive. Prominent players in the market include CleanRobotics, Ausko Pte Ltd, Evreka, Enevo Inc., iTouchless Housewares and Products Inc., and Sensoneo. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in North America smart trash bin market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of North America Smart Trash Bin Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in North America Smart Trash Bin Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
North America Smart Trash Bin Market Size Booming at Impressive CAGR of 9.3% to Reach Whopping USD 15 Billion by 2029
North America smart trash bin market is flourishing due to a growing need for smart waste management and waste disposal, as well as increased efforts and supportive initiatives by product manufacturers and governments.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the North America smart trash bin market size at USD 8.2 billion in 2022. During the forecast period between 2023 and 2029, North America smart trash bin market size is projected to grow at an impressive CAGR of 9.3% reaching a value of USD 14.86 billion by 2029. The growing demand for efficient waste management and disposal is one of the primary reasons driving market progress. The rising concerns for cleanliness and hygiene to stop the transmission of germs is in line with an increase in the demand for automatic garbage cans. Several measures are being introduced by local government entities, other pertinent regulatory authorities, and public welfare organizations to ensure a cleaner environment in urban areas. As a result, manufacturers of touchless trash cans are working harder to encourage people to utilize their goods.
North America Smart Trash Bin Market - Overview
Smart trash bins are automatic trash cans or bins used for waste disposal or management. It is a sensor-based, touchless technology that requires less human effort. Over the projected period, demand is expected to increase due to increasing innovation and the usage of cutting-edge technology in smart garbage cans. The market for smart trash cans has expanded as a result of the necessity for the nation to upgrade its waste management system.
North America Smart Trash Bin Market – By Source
The 14–23 gallon capacity category is expected to lead the market in North America in terms of revenue due to the availability of a large variety of goods in sizes ranging from 13.2 gallons to 14 gallons, 15 gallons, 18 gallons, 22 gallons, and so on. The commercial sector, which needs trash cans with higher capacities to collect enormous volumes of waste created by hotels, public restrooms, and hospitals, among other places, is where 14–23 gallon automatic garbage cans are particularly well-liked.
Impact of COVID-19 on North America Smart Trash Bin Market
COVID-19 pandemic had a significant impact on the expansion of the market under study. Growing awareness of the importance of preserving cleanliness and hygiene in one's surroundings has increased demand for smart trash cans, particularly in the residential and healthcare sectors. These developments are causing regular changes in consumer buying habits, which will probably have a positive long-term effect on the industry under investigation.
Competitive Landscape
North America smart trash bin market is fiercely competitive. Prominent players in the market include CleanRobotics, Ausko Pte Ltd, Evreka, Enevo Inc., iTouchless Housewares and Products Inc., and Sensoneo. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in North America smart trash bin market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of North America Smart Trash Bin Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in North America Smart Trash Bin Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
250 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. North America Smart Trash Bin Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing Investment in Smart Cities and Effective Waste Management Systems
- 3.2.1.2. Increasing penetration of Internet of Things (IoT) and Wireless Connecting Devices
- 3.2.2. Restraints
- 3.2.2.1. Lower Awareness and Higher Cost
- 3.2.3. Opportunities
- 3.2.3.1. Advancement in Technology
- 3.2.4. Challenges
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. North America Smart Trash Bin Market Overview
- 4.1. Market Size & Forecast, 2019–2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Capacity
- 4.2.1.1. 8 to 13-gallon
- 4.2.1.2. 14 to 23-gallon
- 4.2.1.3. Above 23 Gallon
- 4.2.2. By End User
- 4.2.2.1. Residential
- 4.2.2.2. Commercial
- 4.2.3. By Sales Channel
- 4.2.3.1. Offline
- 4.2.3.2. Online
- 4.2.4. By Country
- 4.2.4.1. United States
- 4.2.4.2. Canada
- 5. United States Smart Trash Bin Market Overview
- 5.1. Market Size & Forecast, 2019–2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.3. By Capacity
- 5.4. By End User
- 5.5. By Sales Channel
- 6. Canada Smart Trash Bin Market Overview
- 6.1. Market Size & Forecast, 2019–2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.3. By Capacity
- 6.4. By End User
- 6.5. By Sales Channel
- 7. Competitive Landscape
- 7.1. List of Key Players and Their Offerings
- 7.2. North America Smart Trash Bin Company Market Share Analysis, 2022
- 7.3. Competitive Benchmarking, By Operating Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 8. Impact of Covid-19 on North America Smart Trash Bin Market
- 9. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 9.1. CleanRobotics
- 9.2. Ausko Pte Ltd
- 9.3. Evreka
- 9.4. Enevo Inc.
- 9.5. iTouchless Housewares and Products Inc.
- 9.6. Sensoneo
- 9.7. Other Prominent Players
- 10. Key Strategic Recommendations
- 11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents, By Region
- 11.5. Assumptions & Limitations
- *Financial information in case of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
- List of Figures
- Figure 1 North America Smart Trash Bin Segmentation
- Figure 2 North America Smart Trash Bin Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 North America Smart Trash Bin Market Size, By Value (USD Million), 2019–2029
- Figure 5 North America Smart Trash Bin Market Share, By Capacity, By Value, 2019–2029
- Figure 6 North America Smart Trash Bin Market Share, By End User, By Value, 2019–2029
- Figure 7 North America Smart Trash Bin Market Share, By Sales Channel, By Value, 2019–2029
- Figure 8 North America Smart Trash Bin Market Share, By Country, By Value, 2019–2029
- Figure 9 United States Smart Trash Bin Market Size, By Value (USD Million), 2019–2029
- Figure 10 United States Smart Trash Bin Market Share, By Capacity, By Value, 2019–2029
- Figure 11 United States Smart Trash Bin Market Share, By End User, By Value, 2019–2029
- Figure 12 United States Smart Trash Bin Market Share, By Sales Channel, By Value, 2019–2029
- Figure 13 Canada Smart Trash Bin Market Size, By Value (USD Million), 2019–2029
- Figure 14 Canada Smart Trash Bin Market Share, By Capacity, By Value, 2019–2029
- Figure 15 Canada Smart Trash Bin Market Share, By End User, By Value, 2019–2029
- Figure 16 Canada Smart Trash Bin Market Share, By Sales Channel, By Value, 2019–2029
- List of Tables
- Table 1 North America Smart Trash Bin Market Size, By Value (USD Million), 2019–2029
- Table 2 North America Smart Trash Bin Market Size, By Capacity, By Value, 2019–2029
- Table 3 North America Smart Trash Bin Market Size, By End User, By Value, 2019–2029
- Table 4 North America Smart Trash Bin Market Size, By Sales Channel, By Value, 2019–2029
- Table 5 North America Smart Trash Bin Market Size, By Country, By Value, 2019–2029
- Table 6 United States Smart Trash Bin Market Size, By Value (USD Million), 2019–2029
- Table 7 United States Smart Trash Bin Market Size, By Capacity, By Value, 2019–2029
- Table 8 United States Smart Trash Bin Market Size, By End User, By Value, 2019–2029
- Table 9 United States Smart Trash Bin Market Size, By Sales Channel, By Value, 2019–2029
- Table 10 Canada Smart Trash Bin Market Size, By Value (USD Million), 2019–2029
- Table 11 Canada Smart Trash Bin Market Size, By Capacity, By Value, 2019–2029
- Table 12 Canada Smart Trash Bin Market Size, By End User, By Value, 2019–2029
- Table 13 Canada Smart Trash Bin Market Size, By Sales Channel, By Value, 2019–2029
- Table 14 CleanRobotics Company Overview
- Table 15 CleanRobotics Financial Overview
- Table 16 Ausko Pte Ltd Company Overview
- Table 17 Ausko Pte Ltd Financial Overview
- Table 18 Evreka Company Overview
- Table 19 Evreka Financial Overview
- Table 20 Enevo Inc. Company Overview
- Table 21 Enevo Inc. Financial Overview
- Table 22 iTouchless Housewares and Products Inc. Company Overview
- Table 23 iTouchless Housewares and Products Inc. Financial Overview
- Table 24 Sensoneo Company Overview
- Table 25 Sensoneo Financial Overview
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