Trash Can Market 2022 Analysis of Key Trends, Industry Dynamics and Future Growth 2030 with Top Countries Data

The global trash can market size was US$ 3.3 billion in 2021. The global trash can market size is forecast to reach US$ 5 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2022 to 2030.

A container for keeping waste is a trash can, sometimes referred to as a trash can. Metal and plastic make up the vast majority. Due to their durability and capacity for heavy loads, trash cans make it possible to transport, store, and dispose of waste safely and practically. The garbage can is covered to prevent pests and insects from getting in and to lessen stench. Leaks and odors can be controlled with the help of specialized container liners. Waste, which might be liquid or solid, can be hygienically collected with the help of trash cans. Different levels of strength are used in trash can designs for indoor and outdoor use to accommodate the environment. The large garbage cans have rollers, wheels, and different lids to make them easier to handle.

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Factors Influencing Market Growth
Several nations’ efforts are focusing on enhancing garbage disposal processes and expanding the demand for waste disposal products such as trash cans, trash bags, and others. Thus, this factor drives global market growth.

Many manufacturers are creating recyclable trash cans due to the eco-friendly movement and concentrate on high technology, such as automatic galvanization, due to the consumer’s demand. Thus, this factor is forecast to offer lucrative opportunities for the global market.

The growing need for storing garbage and understanding cleanliness boosts the global market growth.

Impact Analysis of COVID-19
The COVID-19 pandemic had a substantial impact on the global market. Due to the lockdown brought on by the COVID-19 pandemic, trash generation surged more in residential regions than it did in industrial and commercial areas because these areas had fewer businesses operating or had to shut down entirely. However, the reopening of manufacturing facilities and the development of coronavirus vaccinations have caused the waste management and recycling industries to resume operations at full capacity. The fundamental driving force behind the rise in household waste and the work-from-home culture is the consequent increase in the market opportunity for trash cans.

Regional Insights
The Asia Pacific region accounted for a substantial market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the growing population increasing waste generation and the accessibility of several trash variants cans, consumers have a choice based on their needs. In addition, several countries governments are examining a solution for waste management to avoid disease and pollution spread. For instance, India has formed the Swachh Bharat Mission to speed up efforts to ensure universal access to water and sanitation. Thus, these factors drive market growth in the region.

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Leading Competitors

The leading prominent companies profiled in the global trash can market are:
Grahl Manufacturing
Inter IKEA Systems B.V.
ITouchless Housewares and Products Inc.
Newell Brands
Nine Stars Group USA Inc
Otto Environmental Systems North America, Inc.
Rev-A-Shelf
Simplehuman
Tramontina
Umbra
Other Prominent Players

Scope of the Report

The global trash can market segmentation focuses on Material, End-User, Product Type, Distribution Channel, and Region.
Segmentation based on Material
Metal
Plastic
Others
Segmentation based on End-User
Household
Commercial
Segmentation based on Product Type
Pedal Trash Can
Sensor Trash Can
Open Trash Can
Others
Segmentation based on Distribution Channel
Hypermarkets/Supermarkets
Specialty Stores
Online Channels
Others

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Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Key questions answered in the global market report are:

— How does a global company acquire markets?
— What are its core strategies and policies?
— What factors will influence the market over the forecast period?
— What are the factors driving and restraining the market?
— What are the leading competitors in the global market?
— Which region is growing at a higher pace in the global market?

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