About Garbage Cans
Garbage is a waste type that includes household waste, commercial solid waste, and industrial solid waste. Various types of materials are used for manufacturing garbage cans such as plastic, stainless steel, wood, iron, fiberglass, and others. It is used in various applications such as outdoor, home, recycling, office and others. Rising population worldwide. Demand for Garbage cans has increased, due to government initiative regrading garbage cans. For instance, in 2014, the Government of India has launched the Swachh Bharat Abhiyan campaign. The main purpose of this campaign is to clean up the streets, roads as well as the infrastructure of India's cities, towns, urban and rural areas. Hence, various types of campaign by the government regarding waste management will affect the growth of the market in the future.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global garbage cans market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Garbage Cans market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Rubbermaid (United States), Continental Commercial Products, Oge Metal (Turkey), Toter (United States), Sterilite (United States), EMS Makina Sistemleri (Turkey), Oktagon Engineering (India), BOEM Company (United States), Sutera (United States), Environmental Choices, TRIC Tools (United States) and Reflex Zlin (Czechia) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Meulenbroek Machinebouw (Netherlands), Bixby Energy Systems Inc. (United States), Exprolink (Canada), Nord Engineering (Italy) and Zweva Environment (Belgium).
Segmentation Overview
AMA Research has segmented the market of Global Garbage Cans market by , Application (Outdoor, Home, Recycling and Office) and Region.
On the basis of geography, the market of Garbage Cans has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Plastic will boost the Garbage Cans market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Structure, the sub-segment i.e. Built-in will boost the Garbage Cans market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement regarding Garbage Cans
Market Growth Drivers:
Rapidly Growing Economies as well as Urbanization across the world and Growing Population and Rising Awareness Regarding Garbage Cans
Challenges:
High Cost of Garbage Cans
Restraints:
Low Adoption Rate in both Developing and Underdeveloped Economies
Opportunities:
Growing Demand from Emerging Market such a China, India and Others and Government Initiative regarding Waste Management Worldwide
Market Leaders and their expansionary development strategies
In March 2023, Recycle Track Systems, Inc., a leader in traceability and sustainability solutions for the materials, waste, and recycling industry, has acquired RecycleSmart Solutions, Inc., Canada’s largest independent provider of smart waste diversion, organic capture, and recycling management technology now operating as Recycle Track Systems CA. Included in the acquisition is the Pello waste sensor technology, a cutting-edge Internet of Things (IoT) hardware and software platform developed by RecycleSmart.
In March 2019, Steel Authority of India Ltd (SAIL) has launched smart garbage bins made of stainless steel. These smart garbage bins will be able to send a signal to the garbage collection vehicle about the ‘fill-up’ position of the bin, aiding better cleaning and lower human intervention.
"After evaluating the sternness of the problems arising due to untreated disposal of solid waste and effluents, state governments and EPA (The United States Environmental Protection Agency) have issued a voluntary instruction for industrial waste management. Garbage trucks constitute an important part of industrial waste management systems."
Key Target Audience
Garbage Cans Manufactures, Government Associations, Market Research and Consulting Firms, Government Regulatory Authorities and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.