The Asia Pacific Smart Trash Bin Market would witness market growth of 12.6% CAGR during the forecast period (2022-2028).
Traditional bins occasionally get broken or stolen, but getting a replacement takes a long time. The smart bins, however, are an exception to this. If the bin is broken or someone is attempting to steal it, the system promptly tells the facility manager so that management can take the necessary action. Additionally, the smart bin solution provides complete transparency in asset management by alerting the managers if the bin collapses or catches fire. The company's performance in collecting and processing waste can be clearly understood by analyzing the data gathered from the smart bin. By using data, the facility staff can more effectively manage the trash.
The managers can learn details such as the effectiveness of the collection paths and the locations where the trash bins are regularly emptied. Thus, the smart analytics helps in understanding the measurement of garbage collection, infrastructure, and monitoring. Due to the widespread deployment of smart city initiatives, the business is expanding significantly. Advanced waste management solutions are required due to the international expansion of smart cities. Sensors, cameras, as well as other technology are included in smart trash bins so that they can detect and alert waste management firms when it is time to empty them.
The Chinese government will also increase the national total utilization rate of industrial solid waste for solid waste to 73% by 2020 under the "13th Five-Year Ecological Environment Conservation Plan," unveiled in November 2016. The same plan contained goals aimed at enhancing the level of treatment for hazardous waste. In addition, the State Council of the People's Republic of China issued a declaration in 2017 entitled "Prohibition of Domestic Import of Foreign Waste and Promotion of Reform of Solid Waste Import Control System." This was done in reference to the situation in which the traditional acceptance of waste posed a threat to human health as well as the environment. Therefore, the region presents lucrative growth opportunities for the regional market's growth.
The China market dominated the Asia Pacific Smart Trash Bin Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $11,732 Thousands by 2028. The Japan market is estimated to grow a CAGR of 11.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 13.4% during (2022 - 2028).
Based on End-User, the market is segmented into Commercial and Residential. Based on Sales Channel, the market is segmented into Offline and Online. Based on Capacity, the market is segmented into 14 to 23 gallon, 8 to 13 gallon and above 23 gallon. Based on Operation, the market is segmented into Automatic and Semi-Automatic. Based on Compartment, the market is segmented into Multi-compartment and Single-compartment. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Smart Trash Bin Market is Projected to reach USD 125.4 Million by 2028, at a CAGR of 12.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ausko Pte Ltd, iTouchless Housewares and Products, Inc., Ecube Labs, Simplehuman, EKO North America, EvoEco, CleanRobotics Technologies, Inc., Home Depot, Inc., Sensortec s.r.o. (Binology.com), and Big Belly Solar, Inc.
Scope of the Study
Market Segments Covered in the Report:
By End-User
By Sales Channel
By Capacity
- 14 to 23 gallon
- 8 to 13 gallon
- above 23 gallon
By Operation
By Compartment
- Multi-compartment
- Single-compartment
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Ausko Pte Ltd
- iTouchless Housewares and Products, Inc.
- Ecube Labs
- Simplehuman
- EKO North America
- EvoEco
- CleanRobotics Technologies, Inc.
- Home Depot, Inc.
- Sensortec s.r.o. (Binology.com)
- Big Belly Solar, Inc.
TABLE 1 Asia Pacific Smart Trash Bin Market, 2018 - 2021, USD Thousands
TABLE 2 Asia Pacific Smart Trash Bin Market, 2022 - 2028, USD Thousands
TABLE 3 Asia Pacific Smart Trash Bin Market by End-User, 2018 - 2021, USD Thousands
TABLE 4 Asia Pacific Smart Trash Bin Market by End-User, 2022 - 2028, USD Thousands
TABLE 5 Asia Pacific Commercial Market by Country, 2018 - 2021, USD Thousands
TABLE 6 Asia Pacific Commercial Market by Country, 2022 - 2028, USD Thousands
TABLE 7 Asia Pacific Residential Market by Country, 2018 - 2021, USD Thousands
TABLE 8 Asia Pacific Residential Market by Country, 2022 - 2028, USD Thousands
TABLE 9 Asia Pacific Smart Trash Bin Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 10 Asia Pacific Smart Trash Bin Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 11 Asia Pacific Offline Market by Country, 2018 - 2021, USD Thousands
TABLE 12 Asia Pacific Offline Market by Country, 2022 - 2028, USD Thousands
TABLE 13 Asia Pacific Online Market by Country, 2018 - 2021, USD Thousands
TABLE 14 Asia Pacific Online Market by Country, 2022 - 2028, USD Thousands
TABLE 15 Asia Pacific Smart Trash Bin Market by Capacity, 2018 - 2021, USD Thousands
TABLE 16 Asia Pacific Smart Trash Bin Market by Capacity, 2022 - 2028, USD Thousands
TABLE 17 Asia Pacific 14 to 23 gallon Market by Country, 2018 - 2021, USD Thousands
TABLE 18 Asia Pacific 14 to 23 gallon Market by Country, 2022 - 2028, USD Thousands
TABLE 19 Asia Pacific 8 to 13 gallon Market by Country, 2018 - 2021, USD Thousands
TABLE 20 Asia Pacific 8 to 13 gallon Market by Country, 2022 - 2028, USD Thousands
TABLE 21 Asia Pacific above 23 gallon Market by Country, 2018 - 2021, USD Thousands
TABLE 22 Asia Pacific above 23 gallon Market by Country, 2022 - 2028, USD Thousands
TABLE 23 Asia Pacific Smart Trash Bin Market by Operation, 2018 - 2021, USD Thousands
TABLE 24 Asia Pacific Smart Trash Bin Market by Operation, 2022 - 2028, USD Thousands
TABLE 25 Asia Pacific Automatic Market by Country, 2018 - 2021, USD Thousands
TABLE 26 Asia Pacific Automatic Market by Country, 2022 - 2028, USD Thousands
TABLE 27 Asia Pacific Semi-Automatic Market by Country, 2018 - 2021, USD Thousands
TABLE 28 Asia Pacific Semi-Automatic Market by Country, 2022 - 2028, USD Thousands
TABLE 29 Asia Pacific Smart Trash Bin Market by Compartment, 2018 - 2021, USD Thousands
TABLE 30 Asia Pacific Smart Trash Bin Market by Compartment, 2022 - 2028, USD Thousands
TABLE 31 Asia Pacific Multi-compartment Market by Country, 2018 - 2021, USD Thousands
TABLE 32 Asia Pacific Multi-compartment Market by Country, 2022 - 2028, USD Thousands
TABLE 33 Asia Pacific Single-compartment Market by Country, 2018 - 2021, USD Thousands
TABLE 34 Asia Pacific Single-compartment Market by Country, 2022 - 2028, USD Thousands
TABLE 35 Asia Pacific Smart Trash Bin Market by Country, 2018 - 2021, USD Thousands
TABLE 36 Asia Pacific Smart Trash Bin Market by Country, 2022 - 2028, USD Thousands
TABLE 37 China Smart Trash Bin Market, 2018 - 2021, USD Thousands
TABLE 38 China Smart Trash Bin Market, 2022 - 2028, USD Thousands
TABLE 39 China Smart Trash Bin Market by End-User, 2018 - 2021, USD Thousands
TABLE 40 China Smart Trash Bin Market by End-User, 2022 - 2028, USD Thousands
TABLE 41 China Smart Trash Bin Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 42 China Smart Trash Bin Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 43 China Smart Trash Bin Market by Capacity, 2018 - 2021, USD Thousands
TABLE 44 China Smart Trash Bin Market by Capacity, 2022 - 2028, USD Thousands
TABLE 45 China Smart Trash Bin Market by Operation, 2018 - 2021, USD Thousands
TABLE 46 China Smart Trash Bin Market by Operation, 2022 - 2028, USD Thousands
TABLE 47 China Smart Trash Bin Market by Compartment, 2018 - 2021, USD Thousands
TABLE 48 China Smart Trash Bin Market by Compartment, 2022 - 2028, USD Thousands
TABLE 49 Japan Smart Trash Bin Market, 2018 - 2021, USD Thousands
TABLE 50 Japan Smart Trash Bin Market, 2022 - 2028, USD Thousands
TABLE 51 Japan Smart Trash Bin Market by End-User, 2018 - 2021, USD Thousands
TABLE 52 Japan Smart Trash Bin Market by End-User, 2022 - 2028, USD Thousands
TABLE 53 Japan Smart Trash Bin Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 54 Japan Smart Trash Bin Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 55 Japan Smart Trash Bin Market by Capacity, 2018 - 2021, USD Thousands
TABLE 56 Japan Smart Trash Bin Market by Capacity, 2022 - 2028, USD Thousands
TABLE 57 Japan Smart Trash Bin Market by Operation, 2018 - 2021, USD Thousands
TABLE 58 Japan Smart Trash Bin Market by Operation, 2022 - 2028, USD Thousands
TABLE 59 Japan Smart Trash Bin Market by Compartment, 2018 - 2021, USD Thousands
TABLE 60 Japan Smart Trash Bin Market by Compartment, 2022 - 2028, USD Thousands
TABLE 61 India Smart Trash Bin Market, 2018 - 2021, USD Thousands
TABLE 62 India Smart Trash Bin Market, 2022 - 2028, USD Thousands
TABLE 63 India Smart Trash Bin Market by End-User, 2018 - 2021, USD Thousands
TABLE 64 India Smart Trash Bin Market by End-User, 2022 - 2028, USD Thousands
TABLE 65 India Smart Trash Bin Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 66 India Smart Trash Bin Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 67 India Smart Trash Bin Market by Capacity, 2018 - 2021, USD Thousands
TABLE 68 India Smart Trash Bin Market by Capacity, 2022 - 2028, USD Thousands
TABLE 69 India Smart Trash Bin Market by Operation, 2018 - 2021, USD Thousands
TABLE 70 India Smart Trash Bin Market by Operation, 2022 - 2028, USD Thousands
TABLE 71 India Smart Trash Bin Market by Compartment, 2018 - 2021, USD Thousands
TABLE 72 India Smart Trash Bin Market by Compartment, 2022 - 2028, USD Thousands
TABLE 73 South Korea Smart Trash Bin Market, 2018 - 2021, USD Thousands
TABLE 74 South Korea Smart Trash Bin Market, 2022 - 2028, USD Thousands
TABLE 75 South Korea Smart Trash Bin Market by End-User, 2018 - 2021, USD Thousands
TABLE 76 South Korea Smart Trash Bin Market by End-User, 2022 - 2028, USD Thousands
TABLE 77 South Korea Smart Trash Bin Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 78 South Korea Smart Trash Bin Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 79 South Korea Smart Trash Bin Market by Capacity, 2018 - 2021, USD Thousands
TABLE 80 South Korea Smart Trash Bin Market by Capacity, 2022 - 2028, USD Thousands
TABLE 81 South Korea Smart Trash Bin Market by Operation, 2018 - 2021, USD Thousands
TABLE 82 South Korea Smart Trash Bin Market by Operation, 2022 - 2028, USD Thousands
TABLE 83 South Korea Smart Trash Bin Market by Compartment, 2018 - 2021, USD Thousands
TABLE 84 South Korea Smart Trash Bin Market by Compartment, 2022 - 2028, USD Thousands
TABLE 85 Singapore Smart Trash Bin Market, 2018 - 2021, USD Thousands
TABLE 86 Singapore Smart Trash Bin Market, 2022 - 2028, USD Thousands
TABLE 87 Singapore Smart Trash Bin Market by End-User, 2018 - 2021, USD Thousands
TABLE 88 Singapore Smart Trash Bin Market by End-User, 2022 - 2028, USD Thousands
TABLE 89 Singapore Smart Trash Bin Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 90 Singapore Smart Trash Bin Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 91 Singapore Smart Trash Bin Market by Capacity, 2018 - 2021, USD Thousands
TABLE 92 Singapore Smart Trash Bin Market by Capacity, 2022 - 2028, USD Thousands
TABLE 93 Singapore Smart Trash Bin Market by Operation, 2018 - 2021, USD Thousands
TABLE 94 Singapore Smart Trash Bin Market by Operation, 2022 - 2028, USD Thousands
TABLE 95 Singapore Smart Trash Bin Market by Compartment, 2018 - 2021, USD Thousands
TABLE 96 Singapore Smart Trash Bin Market by Compartment, 2022 - 2028, USD Thousands
TABLE 97 Malaysia Smart Trash Bin Market, 2018 - 2021, USD Thousands
TABLE 98 Malaysia Smart Trash Bin Market, 2022 - 2028, USD Thousands
TABLE 99 Malaysia Smart Trash Bin Market by End-User, 2018 - 2021, USD Thousands
TABLE 100 Malaysia Smart Trash Bin Market by End-User, 2022 - 2028, USD Thousands
TABLE 101 Malaysia Smart Trash Bin Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 102 Malaysia Smart Trash Bin Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 103 Malaysia Smart Trash Bin Market by Capacity, 2018 - 2021, USD Thousands
TABLE 104 Malaysia Smart Trash Bin Market by Capacity, 2022 - 2028, USD Thousands
TABLE 105 Malaysia Smart Trash Bin Market by Operation, 2018 - 2021, USD Thousands
TABLE 106 Malaysia Smart Trash Bin Market by Operation, 2022 - 2028, USD Thousands
TABLE 107 Malaysia Smart Trash Bin Market by Compartment, 2018 - 2021, USD Thousands
TABLE 108 Malaysia Smart Trash Bin Market by Compartment, 2022 - 2028, USD Thousands
TABLE 109 Rest of Asia Pacific Smart Trash Bin Market, 2018 - 2021, USD Thousands
TABLE 110 Rest of Asia Pacific Smart Trash Bin Market, 2022 - 2028, USD Thousands
TABLE 111 Rest of Asia Pacific Smart Trash Bin Market by End-User, 2018 - 2021, USD Thousands
TABLE 112 Rest of Asia Pacific Smart Trash Bin Market by End-User, 2022 - 2028, USD Thousands
TABLE 113 Rest of Asia Pacific Smart Trash Bin Market by Sales Channel, 2018 - 2021, USD Thousands
TABLE 114 Rest of Asia Pacific Smart Trash Bin Market by Sales Channel, 2022 - 2028, USD Thousands
TABLE 115 Rest of Asia Pacific Smart Trash Bin Market by Capacity, 2018 - 2021, USD Thousands
TABLE 116 Rest of Asia Pacific Smart Trash Bin Market by Capacity, 2022 - 2028, USD Thousands
TABLE 117 Rest of Asia Pacific Smart Trash Bin Market by Operation, 2018 - 2021, USD Thousands
TABLE 118 Rest of Asia Pacific Smart Trash Bin Market by Operation, 2022 - 2028, USD Thousands
TABLE 119 Rest of Asia Pacific Smart Trash Bin Market by Compartment, 2018 - 2021, USD Thousands
TABLE 120 Rest of Asia Pacific Smart Trash Bin Market by Compartment, 2022 - 2028, USD Thousands
TABLE 121 Key Information – Ausko Pte Ltd
TABLE 122 Key Information –iTouchless Housewares and Products, Inc.
TABLE 123 Key Information – Ecube Labs
TABLE 124 Key Information – Simplehuman
TABLE 125 Key Information – EKO North America
TABLE 126 Key Information – EVOECO
TABLE 127 Key Information – CleanRobotics Technologies, Inc.
TABLE 128 key Information – Home Depot, Inc.
TABLE 129 Key Information – Sensortec s.r.o.
TABLE 130 Key Information – Big Belly Solar, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: CleanRobotics Technologies, Inc.