Smart Trash Bin Market
Global Smart Trash Bin Market Size, Share &Trends Analysis Report by Type (Sensor Trash, Automatic Motion Trash, and Waste Tracking), by Technology (Image Recognition, Artificial Intelligence, and Internet of Things (IoT)), and By Application (Residential, and Commercial) Forecast Period (2022-2028)
The global smart trash bin market is anticipated to grow at a considerable CAGR of 8.2% during the forecast period. A smart trash bin is a technologically advanced trash bin inbuilt with sensors that monitors the bin through IoT. Growing innovation and technological advancement are driving the growth of the smart trash bin market across the globe. The changing lifestyle and demand of people for smart products are increasing the demand for smart trash bin markets across the globe. Major players are introducing smart bins by using advanced technologies. For instance, Bosheen offers Ultraviolet Disinfection Automatic Trash Bin. This smart trash bin automatically turns on UV sterilization every 12 hours. Intelligent sensing and recognition, automatic open and close the lid.
Impact of COVID-19 Pandemic on Global Smart Trash Bin Market
During COVID-19 global smart trash bin market witnessed growth due to increased awareness of maintaining cleanliness in the surroundings to keep the diseases away and to maintain a healthy environment. During COVID-19 the use of face masks has increased and many companies have introduced mask disposable smart trash bins. For instance, in June 2020, Scientists at the Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST), Trivandrum, have designed a disinfection gateway and a UV-based facemask disposal bin in the fight against COVID-19. The disposal device, BIN-19, was formally launched by the Ernakulam District Collector. A unit was installed at the administrative headquarters of the district. The IoT (internet-of-things)-based BIN-19 is used for collecting and disinfecting used facemasks. Additionally, in April 2020, An IIT-incubated start-up has developed a 'smart bin system' to prevent the spread of COVID-19 through waste generated at hospitals, clinics, public places, and quarantine zones. Called 'AirBin', the system developed by the Indian Institute of Technology (IIT)-Madras enables remote monitoring of waste accumulation levels through a smartphone.
Segmental Outlook
The global smart trash bin market is segmented based on type, technology, and application. Based on the type, the market is segmented into sensor trash, automatic motion trash, and waste tracking. Based on the technology, the market is segmented into image recognition, artificial intelligence, and the internet of things (IoT). Based on the application, the market is sub-segmented into residential, and commercial. Among the type segment, the sensor-based trash bin sub-segment is expected to hold a prominent share in the smart trash bin market across the globe during the forecast period.
Global Smart Trash Bin Market Share by Type, 2021 (%)
The Sensor Trash Bin is Expected to Hold a Prominent Share in the Global Smart Trash Bin Market
The sensor-based smart trash bin is expected to hold a prominent share in the growth of the market. The sensor technology is widely implemented in smart trash bins. Manufacturers use sensor technology in the smart trash bins to make them more effective and attractive in use. Sensors assist in automating tasks like sorting and monitoring waste. For instance, SimpleHuman provides a voice-activated garbage can that provides a convenient and easy-to-use way to manage household waste.
Regional Outlooks
The global smart trash bin market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-Pacific region is expected to hold a prominent share in the global smart trash bin market due to the increasing government support. Furthermore, the North American region is expected to hold a considerable share in the growth of the global smart trash bin market during the forecast period.
Global Smart Trash Bin Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Prominent Share in the Global Smart Trash Bin Market
The Asia-Pacific region is expected to hold a prominent share in the growth of global smart trash bin market during the forecast period. The rising need for the improvement in the waste management system in India is driving the growth of the global smart trash bin market in this region. The government projects such as Namami Gange Programme, Swachh Bharat Abhiyan, Gramin Swachh Bharat Mission, and others are motivating people to maintain the clean India which contributes to the growth og smart trash bin market. For instance, in March 2019, the Steel Authority of India Ltd (SAIL) launched smart garbage bins made of stainless steel. SAIL supplies stainless steel garbage bins to Smart Garbage Stations at Bhikaji Cama Place in Delhi, which is being developed by the South Delhi Municipal Corporation.
Market Players Outlook
The major companies serving the global smart trash bin market include iTouchless Housewares and Products Inc., Honey-Can-Do International, LLC, Busch Systems International Inc., Nine Stars Group (USA) Inc., and The EKO Group, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2019, Xiaomi launched a smart garbage bin. The smart trash can features an automatic lid opening feature. Once the bag is filled, it seals it automatically. The garbage bin has a capacity of 12 liters, and a dimension of 330mmx188mmx370mm.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global smart trash bin market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Smart Trash Bin Market
• Recovery Scenario of Global Smart Trash Bin Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Smart Trash Bin Market by Type
4.1.1. Sensor Trash
4.1.2. Automatic Motion Trash
4.1.3. Waste Tracking
4.2. Global Smart Trash Bin Market by Technology
4.2.1. image recognition
4.2.2. artificial intelligence
4.2.3. Internet of things (IoT)
4.3. Global Smart Trash Bin Market by Application
4.3.1. Residential
4.3.2. Commercial
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Ausko Pte Ltd.
6.2. Brabantia
6.3. Busch Systems International Inc.
6.4. Ecube Labs
6.5. Enevo Oy
6.6. Glasdon International Ltd.
6.7. Home Depot
6.8. Honey-Can-Do International, LLC
6.9. iTouchless Housewares and Products Inc.
6.10. The EKO Group
6.11. Newell Brands, Inc. (Rubbermaid)
6.12. Nine Stars Group (USA) Inc.
6.13. Simplehuman
1. GLOBAL SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBALSENSOR SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL AUTOMATIC MOTION SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL WASTE TRACKINGSMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
6. GLOBAL IMAGE RECOGNITION SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL ARTIFICIAL INTELLIGENCE SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL INTERNET OF THINGS (IOT)SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
11. GLOBALSMART TRASH BIN FOR RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBALSMART TRASH BIN FOR COMMERCIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
18. EUROPEAN SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. EUROPEAN SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
20. EUROPEAN SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
21. EUROPEAN SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. REST OF THE WORLD SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. REST OF THE WORLD SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
29. REST OF THE WORLD SMART TRASH BIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL SMART TRASH BIN MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL SMART TRASH BIN MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL SMART TRASH BIN MARKET, 2022-2028 (%)
4. GLOBAL SMART TRASH BIN MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5. GLOBAL SENSOR SMART TRASH BIN MARKET SHAREBY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL AUTOMATIC MOTION SMART TRASH BIN MARKET SHAREBY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL WASTE TRACKING SMART TRASH BIN MARKET SHAREBY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL SMART TRASH BIN MARKET SHARE BY TECHNOLOGY, 2021 VS 2028 (%)
9. GLOBAL SMART TRASH BIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL IMAGE RECOGNITION SMART TRASH BIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL ARTIFICIAL INTELLIGENCE SMART TRASH BIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL INTERNET OF THINGS (IOT) SMART TRASH BIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL SMART TRASH BIN MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
14. GLOBAL SMART TRASH BIN FOR RESIDENTIAL MARKET SHAREBY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL SMART TRASH BIN FOR COMMERCIAL MARKET SHAREBY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL SMART TRASH BIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. US SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
19. UK SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD SMART TRASH BIN MARKET SIZE, 2021-2028 ($ MILLION)
