Garbage cans are
containers used to collect and store household waste, usually used in public
places or households. The existence of garbage cans is of great significance in
maintaining environmental cleanliness and hygiene and plays an increasingly
important role in urban garbage disposal.
Global Garbage Can Segmentation Market
Analysis
According to the
different materials, the current garbage cans on the market can be divided into
metal garbage cans and plastic garbage cans. According to our research data,
the global metal garbage can and plastic garbage can sub-markets are expected
to generate revenue of $1854 million and $2010 million respectively in 2023,
with an estimated market share of 42.74% and 46.33%.
From a regional
perspective, the Asia-Pacific region is the largest revenue market for the
global garbage can industry, mainly benefiting from its large population and
accelerated urbanization process. The data shows that the revenue of the garbage
can market in the Asia-Pacific region is expected to reach $1583 million in
2023, accounting for an estimated 36.49% of the global total revenue.
Global Garbage Can Market Revenue and Share
Forecast by Type and Region in 2023
|
|
Market Revenue (Million USD)
|
Revenue Share
|
|
Segmented by Type
|
|
Metal
|
1854
|
42.74%
|
|
Plastic
|
2010
|
46.33%
|
|
Others
|
474
|
10.93%
|
|
Segmented by Application
|
|
North America
|
1490
|
34.35%
|
|
Europe
|
1109
|
25.56%
|
|
Asia Pacific
|
1583
|
36.49%
|
|
Latin America
|
106
|
2.44%
|
|
Middle East &
Africa
|
50
|
1.15%
|
Source:
www.globalmarketmonitor.com
Overview of Global Garbage Can Market Development and Analysis of Competitive Pattern
In recent years, driven by the increasing awareness of environmental protection and the rapid development of urbanization and infrastructure construction, the global garbage can market is gradually expanding. According to our research data, the total revenue of the global garbage can market is expected to reach $4338 million in 2023 and is expected to increase to $5477 million by 2029.
From the perspective of market competition, the concentration of the global garbage can market is extremely low. According to the data, the total revenue of the garbage can market for the top 3 companies in the industry is expected to reach $386 million in 2023, with a total market share of only 8.90%. The total revenue share of the top 6 companies is expected to be 13.52%. The top three companies are Hefty, Rubbermaid, and Simplehuman, and their expected revenue share in the global garbage can market in 2023 is 3.76%, 2.64%, and 2.50%, respectively.
Global Garbage Can Market Revenue Forecast and Competition Pattern Analysis
Source: www.globalmarketmonitor.com
Analysis of the Development Trends of the Global Garbage Can Market
Technological development: With the continuous development of technologies such as the Internet of Things and artificial intelligence, smart trash cans have gradually become a new trend in the market. Intelligent trash cans can achieve automatic perception, classification, and other functions through technologies such as sensors and data analysis, thereby improving the efficiency and accuracy of garbage disposal.
Diversified product types: With the diversification of consumer demand for trash cans, manufacturers will provide more types of trash cans to meet different scenarios and user needs. For example, outdoor trash cans, indoor trash cans, commercial trash cans, etc.
Green and environmentally friendly materials: In response to global environmental trends, manufacturers will use more recyclable and environmentally friendly materials to produce trash cans. These materials can not only reduce environmental pollution but also improve the service life of garbage cans.
Regional market growth: The Asia Pacific and North America regions are expected to become the fastest-growing regions in the trash can market in the coming years. The urbanization process in these areas is accelerating, and people's awareness of environmental protection is increasing. At the same time, the government is actively promoting policies for garbage classification and recycling.
For more industry information, please refer to our latest released "2023 Global Garbage Cans Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".
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