Global Garbage Cans Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Garbage Cans Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Garbage Cans market finds that the global Garbage Cans market reached a value of USD 4213.55 million in 2022. It’s expected that the market will achieve USD 5289.36 million by 2028, exhibiting a CAGR of 3.86% during the forecast period.

Influence of COVID-19 Outbreak on Garbage Cans Industry Development

Recycling of medical waste requires more trash cans:
COVID-19 has attracted worldwide attention. Experts estimate that one in five people infected with the virus needs hospitalization. A large amount of medical waste is piled up, and the demand for trash cans has increased sharply in the short term, especially those with good quality and large capacity. But at the same time, because citizens are basically entertaining and working at home, urban waste has been reduced a lot. The growth rate of the domestic trash can and public trash can market are unlikely to make progress in the short term.
Industry growth depends more on product innovation and downstream demand:
Although the new coronavirus has stimulated the demand for trash cans in the short term; from the perspective of long-term industry development, it is the demand of downstream buyers and the product innovation that can provide growth drivers for the industry. With the increasing awareness of environmental protection in various countries, especially in emerging markets such as China and India, the waste sorting will usher in a considerable wave of development, and the trash can market will also benefit. For example, most of China's urban domestic waste was still collected by mixed methods. Now China has asked to divide garbage into four categories: hazardous garbage, dry garbage, wet garbage, and recyclable garbage, which means that there was originally only one trash can at one location, and now there are four. Although it is currently only piloted in 46 key cities, the market potential cannot be ignored.

Limitations

Due to the limitations of technology and economic strength in some economically underdeveloped countries, environmental protection awareness is relatively weak, and waste sorting is still in its infancy, and littering is more common. Therefore, the market for trash cans is limited in these countries.
Japan is not only a major producer of high-tech products, but also a major consumer. Japanese has high level of environmentally conscious. Although the per capita amount of household waste in the country is half that of the United States, Japan still enjoys a world-wide reputation for being clean. However, such an environmentally conscious country rarely sees trash cans. As a result of the Sarin gas attack in 1995, public trash cans and trash cans have been largely removed from Japanese cities, hitting the Japanese trash can market.

In addition to Japan, trash cans in London and Paris were demolished following the explosions in the 1980s and 1990s. Similarly, after the World Trade Center terrorist attack in 2001, the trash can temporarily disappear from New York City's PATH train system, and after the 2013 Boston Marathon explosion, the trash can temporarily disappear from the streets of Boston.

Although Japan has attempted to re-introduce trash cans in public areas, the terrorist attacks have lingered on Japan, and Japan's trash can market is expected to grow slowly for some time.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

HEFTY is one of the major players operating in the Garbage Cans market, holding a share of 3.64% in 2020.

Hefty is the brand name for household products, such as trash bags and bins, disposable tableware, sliding lid food storage and freezer bags, and more. The brand was originally a Mobil product and has been owned by Reynolds Consumer Products since 2010.

Rubbermaid is an American manufacturer and distributor of many household items. It is a subsidiary of Newell Brands. The most famous is the production of food storage containers and trash cans. In addition, it produces sheds, step stools, closets and shelves, and other household items.

Segmentation Overview:

Among different product types, Plastic Type segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Home segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Garbage Cans market covered in Chapter 3:

Reflex Zlin
Sterilite
Carlisle FoodService Products
Continental Commercial Products
Simplehuman
EMS Makina Sistemleri
iTouchless
BOEM Company
Oge Metal
Hefty
Brabantia
AOTO
Rubbermaid
BUNBUKU Co.,Ltd
Toter (Wastequip, LLC.)

In Chapter 4 and Chapter 14.2, on the basis of types, the Garbage Cans market from 2018 to 2029 is primarily split into:

Metal Type
Plastic Type
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Garbage Cans market from 2018 to 2029 covers:

Home
Restaurant
Urban Construction
Shopping Mall
Office Building and Factory
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)