The North America smart trash/garbage bin market size is estimated to reach USD 12.3
million by 2025, according to the new report by Grand View Research, Inc.,
expanding at a CAGR of 6.9% during the forecast period. The smart trash bins
considered under the scope of the study refers to the automatic garbage bins.
These touchless trash cans are sensor-based and are capable of operating
without making any physical contact. The market formulated estimates the market
sizing & forecasts for the automatically operated touchless
garbage/trash/waste bins.
Regional manufacturers of smart
trash cans are investing aggressively in product development to incorporate
innovative solutions into their product portfolio. They are targeting consumers
by offering attractive touchless waste disposal solutions to create lucrative
opportunities for expansions. The 14 to 23 gallon capacity segment accounted
for the largest market share in 2017. Availability of smart trash bins in
several variants under this category and significant adoption of these products
across the commercial sector is contributing to the growth of the segment.
Demand for touchless garbage
bins in North American countries, particularly the U.S., has witnessed a
significant growth over the past few years to generate substantial revenue. The
U.S. is anticipated to continue leading the North America touchless trash bin
market over the forecast period on account of growing demand for automatic
garbage bins in line with the increasing awareness about hygiene and
cleanliness to avoid cross-contamination of germs.
The commercial subsegment
dominated the North America smart garbage bins market in 2017 The commercial
end use of automatic garbage can encircles the use of touchless garbage bins in
corporate offices, retail shops, hotels, restaurants, hospitals, clinics, and
other public places, which include malls, multiplexes, restrooms, airports, and
bus & metro stations. The demand for touchless waste bins from the
residential sector is also anticipated to escalate significantly over the next
seven years in line with the expanding popularity of the automatic trash bins
among the residential sector, modernizing lifestyle of families, and growing
awareness about maintaining clean and tidy surroundings and hygiene.
The North America region can be
considered as the manufacturing hub of the automatic garbage bins, as it is the
homeland to the prominent manufacturers and suppliers, such as iTouchless
Houseware & Products, Inc. (U.S.), Nine Stars Group (USA) Inc., simplehuman
(U.S.), Walmart, and Costco Wholesale. Moreover, these manufacturers are
supplying their product worldwide through various e-commerce platforms by
collaborating & partnering with the eminent e-commerce players. Hence, the
e-commerce and online shopping are expected to have a positive impact on the
market.
Full
Research Report On North America smart
trash/garbage bin market Analysis:
https://www.grandviewresearch.com/industry-analysis/north-america-automatic-touchless-garbage-bin-market
https://www.grandviewresearch.com/industry-analysis/north-america-automatic-touchless-garbage-bin-market
Further key findings from the report
suggest:
·
The 8 to 13 Gallon subsegment
is anticipated to portray substantial growth over the forecast period.
·
The residential end-use
sub-segment is projected to witness the highest CAGR over the forecast period.
·
The U.S. market dominated the
overall North America regional market in terms of revenue as well as shipments.
·
The increasing awareness about
maintaining a hygienic lifestyle and avoiding cross-contamination of germs is
prompting households to adopt modern and advanced appliances, including
touchless garbage bins.
·
The convenience of hands-free
operation while disposing the waste without spilling is driving the North
America smart garbage bin market
·
Key industry participants
include Ausko Pte Ltd. (Singapore), Nine Stars Group (USA) Inc. (U.S.),
iTouchless Housewares & Products, Inc. (U.S.), simplehuman (U.S.), and
HANGSHAU Houseware Co., Ltd. (China).
View More Reports Of This Category By Grand
View Research At: https://www.grandviewresearch.com/industry/technology
Grand View Research has
segmented the North America Smart Trash/Garbage Bin market based on capacity
and end-user:
North America Smart Trash/Garbage Bins
Capacity Outlook (Revenue, USD Thousand, 2014 - 2025)
·
8 to 13 Gallon
·
14 to 23 Gallon
·
Above 23 Gallon
North America Smart Trash/Garbage Bins End
Use Outlook (Revenue, USD Thousand, 2014 - 2025)
·
Commercial
·
Residential
North America Smart Trash/Garbage Bins
Regional Outlook (Revenue, USD Thousand, Shipment, Thousand Units, 2014 - 2025)
·
North America
o U.S.
o Canada
o Mexico
Access
Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/north-america-automatic-touchless-garbage-bin-market-analysis
https://www.grandviewresearch.com/press-release/north-america-automatic-touchless-garbage-bin-market-analysis
About
Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more
information: https://www.grandviewresearch.com/
