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Global Smart Trash Bin Market Size, Forecast: By Capacity: 8 to 13 Gallons, 14 to 33 Gallons, Above 24 Gallons; By Operation: Automatic, Semi-Automatic; By Distribution Channel: Offline, Online; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Global Smart Trash Bin Market Outlook
The global smart trash bin market size reached a value of approximately USD 236.65 million in 2023. The market is projected to grow at a CAGR of 13.50% between 2024 and 2032, reaching a value of USD 739.72 million by 2032.
Key Trends in the Market
Smart trash bin is a high technology waste container that uses smart sensors, artificial intelligence, and image recognition to obtain information on the waste type and amount. The integration of waste containers with smart sensors allows waste tracking while supporting waste management processes.
- The rising number of smart city programmes is boosting the requirement for innovative waste management solutions, resulting in the integration of cameras and sensors in trash bins and aiding the smart trash bin market demand.
- The ability of smart trash bins to detect and notify about trash overflow or the presence of any objectionable object is further boosting their adoption by people to streamline and automate their processes.
- The rising penetration of advanced technologies, such as artificial intelligence and the Internet of Things, is boosting the effectiveness and efficiency of smart trash bins. The artificial intelligence algorithm helps identify patterns, enabling the optimisation of waste management systems for improved output.
Market Analysis
Based on capacity, the market is segmented into 8 to 13 gallons, 14 to 33 gallons, and above 24 gallons. On the basis of operation, the market is divided into automatic and semi-automatic. By distribution channel, the market is categorised into offline and online. Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global smart trash bin market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- 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
Market Share by Operation
The automatic segment is likely to account for a large share of the smart trash bin market, as it helps simplify waste management due to its benefits like 100% touch-free lid operation and built-in odour control system, while providing ultimate convenience and featuring elegant designs. They are helpful in promoting hygiene by eliminating the need to touch the bin when disposing of waste. Moreover, the ability of these bins to automatically detect and sort waste for purposes such as recycling is further boosting the demand for automatic trash bins over the ones that require human intervention at certain steps.
Market Share by Region
North America held a large share of the market owing to the early adoption of advanced technologies in the region and the presence of various market players such as simplehuman, LLC, Nine Stars Group (USA) Inc., and iTouchless Housewares and Products Inc., among others. The increasing focus of manufacturers on strategic growth through product launches and mergers and acquisitions is further enhancing the growth of the market in North America. The strong desire to adopt cutting-edge technologies in countries such as the United States and Canada is boosting the expansion of the smart trash bin market.
Competitive Landscape
Ausko Pte Ltd. was founded in 2000 and is headquartered in Singapore. Ausko is an environmental service company that designs and manufactures advanced and sustainable solutions to meet the needs of its customers around the world.
iTouchless Housewares and Products Inc. is a household goods company that was founded in 2004. The company is headquartered in California, United States, and is known for manufacturing and distributing innovative hygiene tools and home waste management products, such as trash bins.
simplehuman, LLC was established in 2000 and has its headquarters located in California, United States. The company is known for designing and manufacturing kitchen, bath, and beauty products.
Other major players in the smart trash bin market include Hangshau Houseware Co., Ltd., Home Depot, Inc., Big Belly Solar LLC, Honey Can Do International, Nine Stars Group (USA) Inc., Binology LLC, and CleanRobotics Technologies, Inc., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Capacity |
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| Breakup by Operation |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 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 (2018-2023)
8.3 Global Smart Trash Bin Market Forecast (2024-2032)
8.4 Global Smart Trash Bin Market by Capacity
8.4.1 8 to 13 Gallons
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 14 to 33 Gallons
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Above 24 Gallons
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Smart Trash Bin Market by Operation
8.5.1 Automatic
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Semi-Automatic
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Smart Trash Bin Market by Distribution Channel
8.6.1 Offline
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Online
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Smart Trash Bin Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Smart Trash Bin Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Smart Trash Bin Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Smart Trash Bin Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Smart Trash Bin Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Smart Trash Bin Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
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
List of Key Figures and Tables
1. Global Smart Trash Bin Market: Key Industry Highlights, 2018 and 2032
2. Global Smart Trash Bin Historical Market: Breakup by Capacity (USD Million), 2018-2023
3. Global Smart Trash Bin Market Forecast: Breakup by Capacity (USD Million), 2024-2032
4. Global Smart Trash Bin Historical Market: Breakup by Operation (USD Million), 2018-2023
5. Global Smart Trash Bin Market Forecast: Breakup by Operation (USD Million), 2024-2032
6. Global Smart Trash Bin Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Global Smart Trash Bin Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Global Smart Trash Bin Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Smart Trash Bin Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Smart Trash Bin Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Smart Trash Bin Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Smart Trash Bin Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Smart Trash Bin Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Smart Trash Bin Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Smart Trash Bin Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Smart Trash Bin Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Smart Trash Bin Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Smart Trash Bin Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Smart Trash Bin Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Smart Trash Bin Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 236.65 million in 2023.
The market is projected to grow at a CAGR of 13.50% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 739.72 million by 2032.
The key drivers of the market include rising adoption of cutting-edge technology, increasing hygiene awareness, and shifting focus of manufacturers on strategic growth through M&A.
The key trends of the market include rising number of smart city programmes, ability of smart trash bins to detect and inform about waste overflow, and rising penetration of advanced technologies.
The capacities in which smart trash bins are available include 8 to 13 gallons, 14 to 33 gallons, and above 24 gallons.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the smart trash bin market are 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, and CleanRobotics Technologies, Inc., among others.
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