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Global Smart Trash Bin Market Size study & Forecast, by Capacity( 8 to 13 gallon, 14 to 23 gallon, above 23 gallon) by Sales Channel(Online, Offline), By End Use (Residential, Commercial by Operation(Automatic, Semi-Automatic), by Compartment(Single Compartment, Multi-compartment) and Regional Analysis, 2022-2029

May 2023 | 200 pages | ID: GAE230790C11EN
Bizwit Research & Consulting LLP

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Global Smart Trash Bin Market is valued approximately USD 57.26 million in 2021 and is anticipated to grow with a healthy growth rate of more than 12.40% over the forecast period 2022-2029. Smart trash bins are a component of intelligent waste management systems. They have wireless ultrasonic fill-level sensors that can detect how full a bin is built into them. This data is transmitted to a platform for cloud-based monitoring and analytics via the internet of things. The Smart Trash Bin market is expanding because of factors such as increasing implementation for smart city programs and growing need for effective waste management across the globe. However, high Cost of Smart Trash Bin and lack of awareness among consumers may halt market growth.

According to Statista, in year 2019 the Technology spending on smart city initiatives worldwide stood at USD 104.3 billion which increased to USD 158 billion in year 2022 and it is projected to reach at USD 189.5 billion by year ending 2023. Thus, rising spending on development of smart cities across the world is driving the market growth. In addition, another significant element driving the market’s expansion is the expanding demand for efficient waste management on a global scale. Waste management systems are under pressure due to the rising global garbage production. Local government entities have run a variety of innovative programmes nationwide to address these issues. For instance, the Environmental Protection Agency (EPA) stated in November 2021 that it would invest approximately USD 375 million in recycling and waste reduction projects, which would be its largest investment in waste management in the United States. Thus, rising government projects is further favouring the market growth. Along with these, rising proliferation of Internet of Things (IoT) and Artificial Intelligence (AI) technologies is creating a lucrative opportunity to the market.

The key regions considered for the Global Smart Trash Bin Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to presence of prominent smart trash bin manufactures, and strong adoption of cutting-edge technology. Whereas Europe is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising smart cities projects, government initiatives for sustainability and garbage reduction.

Major market player included in this report are:
Ausko Pte Ltd.
iTouchless Housewares & Products Inc.
EcubeLabs
Simplehuman
HANGSHAU Houseware Co. Ltd.
EKO USA
Home Depot Inc.
EvoEco
CleanRobotics
Nine Stars Group Inc

Recent Developments in the Market:
In March 2021, REEN, a company that deals in technology, acquired Enevo Group. The acquisition will strengthen REEN's position in terms of cutting-edge, straightforward technical waste management solutions.
In January 2022, New Town Kolkata Development Authority (NKDA) announced that it had begun putting in smart trash cans. Artificial intelligence (AI)-based sensors are incorporated into these bins to help prevent waste overflow after they are filled. About 50 of these trash cans will reportedly be positioned throughout the city, according to NKDA.

Global Smart Trash Bin Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Capacity, Sales Channel, End Use, Operation, Compartment, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Capacityofferings of key players. The detailed segments and sub-segment of the market are explained below:

By Capacity:
8 to 13 gallon
14 to 23 gallon
above 23 gallon

By Sales Channel:
Online
Offline
By End Use:
Residential
Commercial

By Operation:
Automatic
Semi-Automatic

By Compartment:
Single Compartment
Multi-compartment
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
  1.2.1. Smart Trash Bin Market, by Region, 2019-2029 (USD Million)
  1.2.2. Smart Trash Bin Market, by Capacity, 2019-2029 (USD Million)
  1.2.3. Smart Trash Bin Market, by Sales Channel, 2019-2029 (USD Million)
  1.2.4. Smart Trash Bin Market, by End Use, 2019-2029 (USD Million)
  1.2.5. Smart Trash Bin Market, by Operation, 2019-2029 (USD Million)
  1.2.6. Smart Trash Bin Market, by Compartment, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SMART TRASH BIN MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SMART TRASH BIN MARKET DYNAMICS

3.1. Smart Trash Bin Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing implementation for smart city programs
    3.1.1.2. Growing need for effective waste management across the globe
  3.1.2. Market Challenges
    3.1.2.1. High Cost of Smart Trash Bin
    3.1.2.2. lack of awareness among consumers
  3.1.3. Market Opportunities
    3.1.3.1. Rising proliferation of Internet of Things (IoT) and Artificial Intelligence (AI) technologies

CHAPTER 4. GLOBAL SMART TRASH BIN MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL SMART TRASH BIN MARKET, BY CAPACITY

6.1. Market Snapshot
6.2. Global Smart Trash Bin Market by Capacity, Performance - Potential Analysis
6.3. Global Smart Trash Bin Market Estimates & Forecasts by Capacity 2019-2029 (USD Million)
6.4. Smart Trash Bin Market, Sub Segment Analysis
  6.4.1. 8 to 13 gallon
  6.4.2. 14 to 23 gallon
  6.4.3. above 23 gallon

CHAPTER 7. GLOBAL SMART TRASH BIN MARKET, BY SALES CHANNEL

7.1. Market Snapshot
7.2. Global Smart Trash Bin Market by Sales Channel, Performance - Potential Analysis
7.3. Global Smart Trash Bin Market Estimates & Forecasts by Sales Channel 2019-2029 (USD Million)
7.4. Smart Trash Bin Market, Sub Segment Analysis
  7.4.1. Online
  7.4.2. Offline

CHAPTER 8. GLOBAL SMART TRASH BIN MARKET, BY END USE

8.1. Market Snapshot
8.2. Global Smart Trash Bin Market by End Use, Performance - Potential Analysis
8.3. Global Smart Trash Bin Market Estimates & Forecasts by End Use 2019-2029 (USD Million)
8.4. Smart Trash Bin Market, Sub Segment Analysis
  8.4.1. Residential
  8.4.2. Commercial

CHAPTER 9. GLOBAL SMART TRASH BIN MARKET, BY OPERATION

9.1. Market Snapshot
9.2. Global Smart Trash Bin Market by Operation, Performance - Potential Analysis
9.3. Global Smart Trash Bin Market Estimates & Forecasts by Operation 2019-2029 (USD Million)
9.4. Smart Trash Bin Market, Sub Segment Analysis
  9.4.1. Automatic
  9.4.2. Semi-Automatic

CHAPTER 10. GLOBAL SMART TRASH BIN MARKET, BY COMPARTMENT

10.1. Market Snapshot
10.2. Global Smart Trash Bin Market by Compartment, Performance - Potential Analysis
10.3. Global Smart Trash Bin Market Estimates & Forecasts by Compartment 2019-2029 (USD Million)
10.4. Smart Trash Bin Market, Sub Segment Analysis
  10.4.1. Single Compartment
  10.4.2. Multi-compartment

CHAPTER 11. GLOBAL SMART TRASH BIN MARKET, REGIONAL ANALYSIS

11.1. Smart Trash Bin Market, Regional Market Snapshot
11.2. North America Smart Trash Bin Market
  11.2.1. U.S. Smart Trash Bin Market
    11.2.1.1. Capacity breakdown estimates & forecasts, 2019-2029
    11.2.1.2. Sales Channel breakdown estimates & forecasts, 2019-2029
    11.2.1.3. End Use breakdown estimates & forecasts, 2019-2029
    11.2.1.4. Operation breakdown estimates & forecasts, 2019-2029
    11.2.1.5. Compartment breakdown estimates & forecasts, 2019-2029
  11.2.2. Canada Smart Trash Bin Market
11.3. Europe Smart Trash Bin Market Snapshot
  11.3.1. U.K. Smart Trash Bin Market
  11.3.2. Germany Smart Trash Bin Market
  11.3.3. France Smart Trash Bin Market
  11.3.4. Spain Smart Trash Bin Market
  11.3.5. Italy Smart Trash Bin Market
  11.3.6. Rest of Europe Smart Trash Bin Market
11.4. Asia-Pacific Smart Trash Bin Market Snapshot
  11.4.1. China Smart Trash Bin Market
  11.4.2. India Smart Trash Bin Market
  11.4.3. Japan Smart Trash Bin Market
  11.4.4. Australia Smart Trash Bin Market
  11.4.5. South Korea Smart Trash Bin Market
  11.4.6. Rest of Asia Pacific Smart Trash Bin Market
11.5. Latin America Smart Trash Bin Market Snapshot
  11.5.1. Brazil Smart Trash Bin Market
  11.5.2. Mexico Smart Trash Bin Market
  11.5.3. Rest of Latin America Smart Trash Bin Market
11.6. Rest of The World Smart Trash Bin Market

CHAPTER 12. COMPETITIVE INTELLIGENCE

12.1. Top Market Strategies
12.2. Company Profiles
  12.2.1. Ausko Pte Ltd.
    12.2.1.1. Key Information
    12.2.1.2. Overview
    12.2.1.3. Financial (Subject to Data Availability)
    12.2.1.4. Product Summary
    12.2.1.5. Recent Developments
  12.2.2. iTouchless Housewares & Products Inc.
  12.2.3. EcubeLabs
  12.2.4. Simplehuman
  12.2.5. HANGSHAU Houseware Co. Ltd.
  12.2.6. EKO USA
  12.2.7. Home Depot Inc.
  12.2.8. EvoEco
  12.2.9. CleanRobotics
  12.2.10. Nine Stars Group Inc

CHAPTER 13. RESEARCH PROCESS

13.1. Research Process
  13.1.1. Data Mining
  13.1.2. Analysis
  13.1.3. Market Estimation
  13.1.4. Validation
  13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Smart Trash Bin Market, report scope
TABLE 2. Global Smart Trash Bin Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Smart Trash Bin Market estimates & forecasts by Capacity 2019-2029 (USD Million)
TABLE 4. Global Smart Trash Bin Market estimates & forecasts by Sales Channel 2019-2029 (USD Million)
TABLE 5. Global Smart Trash Bin Market estimates & forecasts by End Use 2019-2029 (USD Million)
TABLE 6. Global Smart Trash Bin Market estimates & forecasts by Operation 2019-2029 (USD Million)
TABLE 7. Global Smart Trash Bin Market estimates & forecasts by Compartment 2019-2029 (USD Million)
TABLE 8. Global Smart Trash Bin Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Smart Trash Bin Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Smart Trash Bin Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Smart Trash Bin Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Smart Trash Bin Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Smart Trash Bin Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Smart Trash Bin Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. Global Smart Trash Bin Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. Global Smart Trash Bin Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 17. Global Smart Trash Bin Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 18. U.S. Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 19. U.S. Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. U.S. Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 21. Canada Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 22. Canada Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. Canada Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 24. UK Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 25. UK Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. UK Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 27. Germany Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 28. Germany Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. Germany Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 30. France Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 31. France Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. France Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 33. Italy Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 34. Italy Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Italy Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 36. Spain Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 37. Spain Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. Spain Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 39. RoE Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 40. RoE Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. RoE Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 42. China Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 43. China Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. China Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 45. India Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 46. India Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. India Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 48. Japan Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 49. Japan Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. Japan Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 51. South Korea Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 52. South Korea Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. South Korea Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 54. Australia Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 55. Australia Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. Australia Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 57. RoAPAC Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 58. RoAPAC Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. RoAPAC Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 60. Brazil Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 61. Brazil Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Brazil Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 63. Mexico Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 64. Mexico Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. Mexico Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 66. RoLA Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 67. RoLA Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. RoLA Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 69. Row Smart Trash Bin Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 70. Row Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 71. Row Smart Trash Bin Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 72. List of secondary sources, used in the study of global Smart Trash Bin Market
TABLE 73. List of primary sources, used in the study of global Smart Trash Bin Market
TABLE 74. Years considered for the study
TABLE 75. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES

FIG 1. Global Smart Trash Bin Market, research methodology
FIG 2. Global Smart Trash Bin Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Smart Trash Bin Market, key trends 2021
FIG 5. Global Smart Trash Bin Market, growth prospects 2022-2029
FIG 6. Global Smart Trash Bin Market, porters 5 force model
FIG 7. Global Smart Trash Bin Market, pest analysis
FIG 8. Global Smart Trash Bin Market, value chain analysis
FIG 9. Global Smart Trash Bin Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Smart Trash Bin Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Smart Trash Bin Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Smart Trash Bin Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Smart Trash Bin Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Smart Trash Bin Market, regional snapshot 2019 & 2029
FIG 15. North America Smart Trash Bin Market 2019 & 2029 (USD Million)
FIG 16. Europe Smart Trash Bin Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Smart Trash Bin Market 2019 & 2029 (USD Million)
FIG 18. Latin America Smart Trash Bin Market 2019 & 2029 (USD Million)
FIG 19. Global Smart Trash Bin Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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