Smart Trash Bin Market Growth, Trends, Price and Forecasts To 2021

Market Research analysts forecast the global smart trash bin market to grow at a CAGR of 16.48% during the period 2017-2021.

The following companies as the key players in the global smart trash bin market: iTouchless Housewares & Products, Nine Stars, Spectrum Brands, and simplehuman

Other Prominent Vendors in the market are: EKO USA, Enevo Oy, Honey-Can-Do, Home Depot, and Modernhome

Commenting on the report, an analyst from Technavio’s team said: “Smart trash bins are being introduced in different sizes and materials, thereby creating a wide portfolio of products for customers to choose from, depending on their need and space availability. For instance, iTouchless smart trash cans range from 1.5 gallons to about 23 gallons. Other vendors such as Nine Stars Group (USA) also offer trash cans in the similar price range. Nine Stars Group (USA) has also launched a small trash can of 0.5 gallons with a dimension of 7.8 x 7.8 x 4.0.”

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According to the report, owing to the fast-changing lifestyles and the need for convenience, consumers have been quick to adopt the latest technologies. The concept of controlling a home appliance via the internet and a smartphone is attracting huge attention from all consumer segments in recent times.
Further, the report states that smart trash bins are niche products, and their demand is minimal in developing countries such as APAC and Africa, even though the demand is increasing rapidly in developed regions such as North America and Europe.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

About Smart Trash Bin

The global smart trash bin market has been registering positive growth over the last few years and is shaping up to become one of the top competitive markets at a global level. With the rise in globalization, ample growth opportunities are being created in the market.

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Covered in this report

The report covers the present scenario and the growth prospects of the global smart trash bin market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of smart trash bins.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Smart Trash Bins Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
iTouchless Housewares & Products
Nine Stars
Spectrum Brands
Simplehuman

Other prominent vendors
EKO USA
Enevo Oy
Honey-Can-Do
Home Depot
Modernhome

Market driver
Touchless trash bins offering convenience and preventing cross-contamination of germs
For a full, detailed list, view our report

Market challenge
Low and slow adoption of smart solutions in developing countries
For a full, detailed list, view our report

Market trend
New players entering the market with differentiated offerings
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

..…..Continued

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