Garbage Cans Market size shall reach a value of $9,897.1 Million in 2020 to $13,976. Million in 2027, growing with a CAGR of 4.9% during the forecast period of 2020 to 2027.
The garbage cans market has experienced rapid growth due to several global trends. Increasing acceptance among people for eco-friendly products and rising demand in North America and Europe for garbage bags are expected to further drive the growth of the garbage cans market. Besides, features such as simple designs and lightweight functionalities of garbage cans are attracting new customers.
Garbage cans are widely used during outdoor events and gathering for disposal of the waste. Nowadays, it is even commonly used in households for waste disposal purposes. Besides, special features such as ease of carrying, lightweight, and environmental-friendly nature are further driving the market demand for garbage cans. Moreover, manufacturers have started offering custom-designed garbage cans for corporate functions and global events. As such, the garbage cans market size is projected to remain stable over through 2020 and beyond.
Garbage Cans Market Growth and Trends
With increasing global awareness regarding disposal of waste, the garbage cans market is thriving due to high demand for garbage cans. Now with modernised technology, there are sensor-based touchless garbage bins available as well, and thus are capable of functioning without any physical contact between the user and the can. Accelerating demand for smart waste management and efficient waste disposal is a key factor that is propelling the growth of the garbage cans market at a rapid pace. The presence of increasing initiatives being undertaken by local government bodies, regulatory authorities, and public welfare organizations in order to ensure clean and hygienic surroundings in urban areas, manufacturers of garbage cans are boosting their efforts in developing an eco-friendly method of disposing waste. Product manufacturers are promoting the practice of adopting touchless trash cans in the daily waste disposal system, thus driving the market growth. The facility of automatic disposal of sanitary waste in the healthcare sector is anticipated to foster the use of automatic garbage bins in the commercial sector. Moreover, hotels and restaurants are increasingly installing automatized garbage cans, especially in washrooms, as part of the agenda to serve their customers with improved facilities. Additionally, there are smart cans installed in washrooms and convenience facilities at public places, such as airports, shopping malls, bus stations, and so forth with the objective of ensuring a clean and healthy surrounding. E-commerce has also had to play a major role in the development of the garbage cans market. By entering into collaboration with leading global e-commerce players such as Walmart, Amazon, and eBay, industry players are fostering their market presence internationally and are delivering their products on a worldwide scale to increase their revenues.
A challenging factor in the market growth could be the high cost of production of automated garbage bins.
Garbage Cans Market Competition
Key companies operating in this industry Rubbermaid, Perstorp, Simplehuman, Brabantia, Molok, Hefty (Reynolds Consumer Products LLC), IKEA, OTTO, Shanghai, AOTO, Hongey-Can-Do, Ideaco, Asvel, Joseph Joseph, Continental Commercial Products, Sterilite, W Weber, Toter(Wastequip, LLC.), Storex, ITouchless, Carlisle FoodService Products, Idesign, Nine Stars, Reflex Zlin and VIPP.
Coverage Highlights
· Garbage Cans Market Revenue Estimation and Forecast (2020 – 2027)
· Production Estimation and Forecast (2020 – 2027)
· Sales/Consumption Volume Estimation and Forecast (2020 – 2027)
· Breakdown of Revenue by Segments (2020 – 2027)
· Breakdown of Production by Segments (2020 – 2027)
· Breakdown of Sales Volume by Segments (2020 – 2027)
· Gross Margin and Profitability Analysis of Companies
· Business Trend and Expansion Analysis
· Import and Export Analysis
Garbage Cans Market Segmentation
Product Outlook (Revenue, USD Million, 2020 - 2027)
· Metallic Material
· Plastic Material
Application Outlook (Revenue, USD Million, 2020 - 2027)
· Home
· Restaurant
· Hospital
· Office
· Shopping Mall
· Public Utilities
· Others
Country (Revenue, USD Million, 2020 - 2027)
· United States
· Canada
· Mexico
· France
· Germany
· Italy
· Spain
· United Kingdom
· Russia
· China
· India
· Philippines
· Malaysia
· Australia
· Austria
· South Korea
· Middle East
· Japan
· Africa
· Rest of World
Garbage Cans Market Companies
· Perstorp
· Simplehuman
· Brabantia
· Molok
· Hefty (Reynolds Consumer Products LLC)
· IKEA
· OTTO
· Shanghai AOTO
· Hongey-Can-Do
· Ideaco
· Asvel
· Joseph Joseph
· Continental Commercial Products
· Sterilite
· W Weber
· Toter (Wastequip, LLC.)
· Storex
· ITouchless
· Carlisle FoodService Products
· Idesign
· Reflex Zlin
· Nine Stars
· VIPP
