Report Overview

North America Smart Trash Bin Market - Industry Trends & Forecast Report, 2029

North America smart trash bin market size was estimated at USD 8.2 billion in 2022. During the forecast period between 2023 and 2029, North America smart trash bin market size is projected to grow at a CAGR of 9.3% reaching a value of USD 14.86 billion by 2029. One of the main factors promoting market expansion is the increasing demand for smart waste management and disposal. An increase in the demand for automatic trash cans is in line with the growing concern for cleanliness and hygiene to prevent the spread of germs. To maintain a cleaner environment in urban areas, local government entities, other relevant regulatory bodies, and public welfare organizations are introducing various initiatives. Therefore, producers of touchless garbage bins are increasing their efforts to promote the use of their products.

North America Smart Trash Bin Market - Overview

Smart trash bins/cans used for garbage management or disposal are known as smart trash bins. It is a touchless, sensor-based system that reduces human effort. Growing innovations and use of advanced technology in smart trash bins are expected to boost demand during the forecast period. The region's need to improve its waste management system has fueled the growth of the smart trash bin market.

Growth Drivers

Rapid Urbanization and Growing Investments in Smart City Projects

Urbanization has increased significantly over the years. Because of the increased consumption of packaged or processed goods, urbanization is related to waste generation. Urbanization has a greater impact in developing countries than in developed countries. Due to a lack of awareness and the necessary infrastructure, a significant portion of waste is openly dumped in developing regions.

Restraints

High Cost of Installation and Lack of Awareness

Excessive cost of installation and a lack of awareness among people are the major factors limiting the growth of the trash bin market. One of the major factors impeding the growth of the smart trash bin market is the inflated cost. A smart trash can cost more than three times as much as a traditional trash can. The high cost stems from the sensors, software, and other components used in the smart trash bin. Another factor impeding the growth of the smart trash bin market is a lack of public awareness. People in some countries are unaware of the advantages of using a smart trash bin.

Impact of COVID-19 on North America Smart Trash Bin Market

COVID-19 pandemic had a significant impact on the expansion of North America smart trash bin market. Growing awareness of the importance of preserving cleanliness and hygiene in the surroundings have increased the demand for smart trash cans, particularly in the residential and healthcare sectors. These developments are causing regular changes in consumer buying habits, which will probably have a positive long-term effect on the industry under investigation.

North America Smart Trash Bin Market

Segmental Coverage

North America Smart Trash Bin Market - By Capacity

Based on capacity, North America smart trash bin market size is divided into 8–13 Gallon, 14–23 Gallon, and Above 23 Gallon segments. Because of the availability of a large number of products in sizes ranging from 13.2 gallons to 14 gallons, 15 gallons, 18 gallons, 22 gallons, and so on, the 14–23-gallon capacity segment is expected to dominate the market in North America in terms of revenue. The 14–23 gallon automatic garbage cans are especially popular in the commercial sector, which requires trash cans with larger capacities to collect large volumes of waste generated by hotels, public restrooms, and hospitals, among other places. Meanwhile, smart trash cans with capacities ranging from 8 to 13 gallons are commonly used in the home, particularly in kitchens, rooms, and other areas. These trash cans are also typically found in business spaces including offices, cabins, hotel rooms, and medical facilities.

North America Smart Trash Bin Market - By End User

Based on purity, North America smart trash bin market is split into Residential and Commercial segments. The commercial segment held more than half of the market share. However, the demand for automatic trash cans in the residential sector is expected to rise significantly in the coming years as consumers become more aware of the product's convenience. The ease of operation provided, combined with increased awareness about maintaining hygienic surroundings by avoiding germ cross-contamination, is expected to increase demand for smart garbage cans.

Smart trash cans are generally costly due to the need for hardware components, such as sensors, motion detectors, and batteries. With price sensitivity higher in the residential sector, the commercial segment is expected to lead the market during the forecast period.

 North America Smart Trash Bin Market - By Sales Channel

Based on purity, North America smart trash bin market is bifurcated into Offline and Online segments.

North America Smart Trash Bin Market - By Country

The North America smart trash bin market covers United States and Canada. Touchless garbage bin manufacturers and vendors in North America include Nine Stars Group (USA) Inc., iTouchless Housewares & Products, Inc., and Simplehuman. These businesses are focusing on strategic growth through mergers and acquisitions as well as innovative product launches. The country, particularly the United States, is seeing a proliferation of smart garbage cans, owing to the populace's strong desire to adopt cutting-edge technology. At the same time, the region's high purchasing power and growing investments by market players in cutting-edge technologies are driving market growth.

Competitive Landscape

North America smart trash bin market size is fiercely competitive. Major companies in the market include CleanRobotics, Ausko Pte Ltd, Evreka, Enevo Inc., iTouchless Housewares and Products Inc., and Sensoneo. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Developments

• In March 2021 – REEN acquired Enevo Group, a technology company. Through the acquisition, REEN's position in technological solutions to modernize and streamline waste management is expected to be strengthened.

Scope of the Report

By Capacity

• 8–13 Gallon

• 14–23 Gallon

• Above 23 Gallon

By End User

• Residential

• Commercial

By Sales Channel

• Offline

• Online

By Country

• United States

• Canada

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. North America Smart Trash Bin Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Increasing Investment in Smart Cities and Effective Waste Management Systems
         2. Increasing penetration of Internet of Things (IoT) and Wireless Connecting Devices
      2. Restraints
         1. Lower Awareness and Higher Cost
      3. Opportunities
         1. Advancement in Technology
      4. Challenges
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. North America Smart Trash Bin Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Capacity
         1. 8 to 13-gallon
         2. 14 to 23-gallon
         3. Above 23 Gallon
      2. By End User
         1. Residential
         2. Commercial
      3. By Sales Channel
         1. Offline
         2. Online
      4. By Country
         1. United States
         2. Canada
5. United States Smart Trash Bin Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
   3. By Capacity
   4. By End User
   5. By Sales Channel
6. Canada Smart Trash Bin Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
   3. By Capacity
   4. By End User
   5. By Sales Channel
7. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. North America Smart Trash Bin Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
8. Impact of Covid-19 on North America Smart Trash Bin Market
9. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. CleanRobotics
   2. Ausko Pte Ltd
   3. Evreka
   4. Enevo Inc.
   5. iTouchless Housewares and Products Inc.
   6. Sensoneo
   7. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
    1.  Qualitative Research
       1.  Primary & Secondary Research
    2.  Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1       North America Smart Trash Bin Segmentation

Figure 2       North America Smart Trash Bin Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       North America Smart Trash Bin Market Size, By Value (USD Million), 2019–2029

Figure 5       North America Smart Trash Bin Market Share, By Capacity, By Value, 2019–2029

Figure 6       North America Smart Trash Bin Market Share, By End User, By Value, 2019–2029

Figure 7       North America Smart Trash Bin Market Share, By Sales Channel, By Value, 2019–2029

Figure 8       North America Smart Trash Bin Market Share, By Country, By Value, 2019–2029

Figure 9       United States Smart Trash Bin Market Size, By Value (USD Million), 2019–2029

Figure 10     United States Smart Trash Bin Market Share, By Capacity, By Value, 2019–2029

Figure 11     United States Smart Trash Bin Market Share, By End User, By Value, 2019–2029

Figure 12     United States Smart Trash Bin Market Share, By Sales Channel, By Value, 2019–2029

Figure 13     Canada Smart Trash Bin Market Size, By Value (USD Million), 2019–2029

Figure 14     Canada Smart Trash Bin Market Share, By Capacity, By Value, 2019–2029

Figure 15     Canada Smart Trash Bin Market Share, By End User, By Value, 2019–2029

Figure 16     Canada Smart Trash Bin Market Share, By Sales Channel, By Value, 2019–2029

List of Tables

Table 1        North America Smart Trash Bin Market Size, By Value (USD Million), 2019–2029

Table 2        North America Smart Trash Bin Market Size, By Capacity, By Value, 2019–2029

Table 3        North America Smart Trash Bin Market Size, By End User, By Value, 2019–2029

Table 4        North America Smart Trash Bin Market Size, By Sales Channel, By Value, 2019–2029

Table 5        North America Smart Trash Bin Market Size, By Country, By Value, 2019–2029

Table 6        United States Smart Trash Bin Market Size, By Value (USD Million), 2019–2029

Table 7        United States Smart Trash Bin Market Size, By Capacity, By Value, 2019–2029

Table 8        United States Smart Trash Bin Market Size, By End User, By Value, 2019–2029

Table 9        United States Smart Trash Bin Market Size, By Sales Channel, By Value, 2019–2029

Table 10      Canada Smart Trash Bin Market Size, By Value (USD Million), 2019–2029

Table 11      Canada Smart Trash Bin Market Size, By Capacity, By Value, 2019–2029

Table 12      Canada Smart Trash Bin Market Size, By End User, By Value, 2019–2029

Table 13      Canada Smart Trash Bin Market Size, By Sales Channel, By Value, 2019–2029

Table 14      CleanRobotics Company Overview

Table 15      CleanRobotics Financial Overview

Table 16      Ausko Pte Ltd Company Overview

Table 17      Ausko Pte Ltd Financial Overview

Table 18      Evreka Company Overview

Table 19      Evreka Financial Overview

Table 20      Enevo Inc. Company Overview

Table 21      Enevo Inc. Financial Overview

Table 22      iTouchless Housewares and Products Inc. Company Overview

Table 23      iTouchless Housewares and Products Inc. Financial Overview

Table 24      Sensoneo Company Overview

Table 25      Sensoneo Financial Overview