North America Smart Trash Bin Market Size, Share & Trends Analysis Report By Capacity (8 To 13 Gallons, 13 To 23 Gallons), By End Use (Residential, Commercial), By Country, And Segment Forecasts, 2024 - 2030

Report Overview

The North America smart trash bin market size was valued at USD 10.7 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2030. Advancements in sensor technology, increased adoption of IoT-based electronics, focus of regional governments on smart waste management tools, and rising environmental consciousness are factors driving market growth. Smart trash bins are increasingly being adopted at commercial and residential places in the U.S. and Canada owing to their use of sensor-based technology, which opens the lid without the need for any physical contact. With cost optimization efforts by manufacturers, smart bins are expected to be available at affordable prices and will be increasingly adopted by a large section of consumers, propelling market growth during the forecast period.

Governments across the region are focusing on smart city initiatives, and smart waste management is an important aspect of these programs. With substantial efforts towards sustainable development, smart bins ensure optimal hygiene and cleanliness, serving both functional and aesthetic purposes. Apart from touchless features, smart bins can be equipped with IoT technologies for analyzing various factors such as the amount of garbage collected, the percentage of recyclable material, and other vital garbage information, which can be analyzed for better trash management.

Growing concerns about waste management, pollution, and public health are fostering a demand for innovative solutions, such as smart trash bins that offer efficient waste disposal and recycling. For instance, if left unattended by cleaning workers, conventional trash bins with no sensors may pose a significant risk of health hazards, emission of foul odors, and making the surroundings uninhabitable. IoT-enabled smart bins can be programmed with a warning system, which notifies concerned stakeholders when their bins are full of trash. These beneficial features present promising growth prospects for the market.

Capacity Insights

The 13 to 23 gallons segment accounted for the highest revenue share of 54.2% in the regional market in 2023. This capacity of garbage bins is considered ideal for use in commercial places such as hotels, airports, supermarkets, and corporate offices. The large amount of waste generated at these places requires medium to high-volume garbage bins. Additionally, a wider range of products is available in this capacity range, providing consumers and businesses with ample options based on their specific requirements and preferences.

8 to 13 gallons capacity is expected to register the fastest CAGR over the forecast period. The increasing awareness about maintaining hygienic surroundings in households and the popularity of concepts such as IoT and smart homes are major factors driving demand for smart bins in this segment. Residential consumers find this capacity suitable for their household waste generation, achieving a balance between frequent emptying and sufficient volume. Their small size makes them cost-effective compared to large-capacity smart garbage bins. Additionally, their optimum size and availability of customization of smart and connected functions cater perfectly to the requirements of small office spaces, where functionality and aesthetics are vital.

End Use Insights

The commercial segment held the highest market revenue share in 2023. Commercial establishments, particularly those in hospitality, healthcare, and retail, produce significantly higher volumes of waste compared to residential units. Smart trash bins offer efficient waste management solutions by optimizing collection routes and reducing labor costs. Moreover, governments impose stringent garbage management regulations on commercial businesses. Smart trash bins can help businesses comply with these regulations by providing accurate waste data and facilitating recycling efforts. These factors provide valuable information regarding their generated waste to commercial establishments, justifying the increased adoption of smart trash bins.

The consumer/residential segment is expected to register the fastest CAGR from 2024 to 2030.An amplified focus on environmental sustainability and personal hygiene has driven demand for products that align with these values. Smart trash bins offer convenience, sanitation benefits, and contribute to waste management efforts, resonating with environmentally conscious consumers. In densely populated urban areas, limited space is a significant challenge. Smart trash bins, with their compact designs and odor control features, offer a practical solution for residential waste management. These attributes of smart bins have attracted a larger section of consumers, leading to a steady growth rate in this segment.

Country Insights

North America is a hub for several multinational organizations that have their headquarters and commercial facilities in the region. A larger segment of the population in the region is economically affluent. Moreover, a thriving hospitality industry and tourism sector are key potential customers for smart trash bins, ensuring steady demand growth. Further advancements in sensor technology will expand the scope of operation for smart bins, leading to substantial regional growth of this industry.

U.S. Smart Trash Bin Market Trends

The U.S. dominated the regional market with a revenue share of 90.0% in 2023. The country benefits from the presence of prominent global manufacturing and services organizations. These organizations are increasingly focusing on incorporating sustainability in their daily operations. Smart bins assist them in augmenting their sustainability efforts by offering an advanced solution for their waste disposal. Furthermore, consumers in the U.S. are considered early adopters of innovative technologies. These factors collectively ensure the rapid adoption of smart garbage bins in the country.

Canada Smart Trash Bin Market Trends

Canada held a significant market revenue share in 2023. The country is increasingly focusing on sustainable waste disposal practices. A high disposable income among a large section of consumers allows them to spend on innovative solutions such as smart trash bins. Moreover, the rapidly expanding tourism and hospitality industry in the country demands an aesthetically appealing and functionally efficient garbage management system. Smart bins can be utilized in public places to fulfill these purposes.

Key Companies & Market Share Insights

Some key companies involved in the smart trash bin market in North America include iTouchless Housewares and Products Inc., Enevo, Inc., and NINESTARS, among others.

• iTouchless Housewares and Products Inc. offers touchless trash bins of capacities ranging from 1 gallon to 24 gallons. The touchless trash bins function on 4 D size batteries and are offered in plastic and stainless steel materials, with a variety of colors to choose from according to consumer preferences. The company also provides various accessories required for trash cans and home hygiene such as faucets, bag resealers, soap dispensers, and odor removal kits. The company also offers the AbsorbX activated carbon odor filter to address hazardous odors from household waste and VOCs.
• NINESTARS is an advanced waste management company based in California that specializes in the development of motion sensor trash cans with a focus on sustainability and a cleaner environment. The company also offers conventional trash cans as well as tap sensor cans, with capacities ranging from 0.5 gallons to over 21 gallons. Nine Stars additionally sells accessories such as lids, trash bags, and liner rings.

Recent Developments

• In June 2024, Bigbelly Solar, which specializes in developing public space waste & recycling solutions, announced the opening of its manufacturing facility in Massachusetts, U.S. This facility would be involved in the production of the company’s smart waste solutions, adding to its other global manufacturing locations of Stadtlohn and Methuen in Germany.

North America Smart Trash Bin Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the North America smart trash bin market report based on capacity, end use, and country:

• Capacity Outlook (Revenue, USD Million, 2018 - 2030)

  • 8 to 13 Gallons

  • 13 to 23 Gallons

  • Above 23 Gallons

• End Use Outlook (Revenue, USD Million, 2018 - 2030)

  • Consumer/Residential

  • Commercial

• Country Outlook (Revenue, USD Million, 2018 - 2030)

  • U.S.

  • Canada

  • Mexico