The US Trashcans and Wastebasket market is projected to be USD 314.2 Mn in 2018 to reach USD 488.9 Mn by 2028 at a CAGR of 4.5%.

Market.us announces the publication of its most recently generated research report titled, “US Trashcans and Wastebasket Market by Sales Channel Type (Online Sales and Retail), By Application (Residential, Restaurants, Hospitals, Shopping Mall, Office Building and factory & Others), and by Region – Forecast to 2028.”, which offers a holistic view of the US Trashcans and Wastebasket market through systematic segmentation that covers every aspect of the target market.

The US market for trash cans and wastebaskets is likely driven by the need for households and businesses to dispose of waste. The market includes a variety of different types and sizes of trash cans and wastebaskets, made from a range of materials such as plastic, metal, and even bamboo. Some trash cans and wastebaskets may have additional features such as lids, foot pedals, or liners.

Trash cans and wastebaskets are containers for the temporary storage of waste and usually are made out of plastic and metals, or wood. Plastic is widely used, due to its low cost and easy availability. Metal trash cans and wastebaskets are mostly used in commercial places. Wooden trash cans and wastebaskets are likely in demand, owing to their eco-friendly characteristics. Manufacturers offer trash cans and wastebaskets in different shapes, sizes, and designs, which is influencing end-users and directly boosting the overall market. Demand for advanced trash bins such as smart trash cans from commercial, as well as residential sectors, is anticipated to rise significantly over the forecasted year, owing to growth in awareness regarding the convenience offered by-products. Ease of operation offered, combined with an increasing approach regarding maintaining hygiene in surroundings by avoiding cross-contamination of germs is expected to boost demand for US Trash Cans & Wastebasket Market. An increase in environmental concerns, rapid industrialization, surge in population and rise in urbanization fosters the growth of the US Trash Cans & Wastebasket Market. In addition, the implementation of US government norms toward open dumping is propelling the demand for the target market. Moreover, government initiatives, along with high tech technology adoption by management services are anticipated to support favorable growth of the trash cans & wastebaskets.

Earlier healthcare companies used to establish expensive and large facilities for the manufacturing of drugs and medical devices but a number of failure stories of these facilities led to an increased demand for outsourcing of these products to reduce the risk factors for the manufacturers.

US Trashcans and Wastebasket Market Revenue (US$ Mn), 2018–2028

However, a restriction on the use of plastic and plastic products by the US government is expected to hamper the growth of the US trash cans & wastebasket market to a certain extent. Nonetheless, key manufacturers collaborating with prominent e-commerce players worldwide such as Amazon, Walmart, Costco, eBay, and Alibaba are creating new opportunities for growth of the US trash cans & wastebaskets market in the coming years

US Trashcans and Wastebasket market is segmented on the basis of Sales Channel and application. On the basis of the Sales Channel, the market is segmented into Online and Retail. The Retail segment accounts for the majority share and is expected to register the highest growth over the forecast period, followed by the Online segment. On the basis of application, the market is segmented into Residential, Restaurants, Hospitals, Shopping malls, Office buildings, factories & Others. The Residential segment accounts for a majority share in the US Trashcans and Wastebasket market.

US Trashcans and Wastebasket Market by Application, 2018

The research report on the US Trashcans and Wastebasket market includes profiles of some major companies such as Reynolds Consumer Products LLC, CFS Brands LLC, Simplehuman LLC, Excell Kaiser, Itouchless Housewares & Products, Newell Brands Inc., and Wastequip.

Key Market Segments:

Type

• Online Sales
• Retail

Application

• Residential
• Restaurants
• Hospitals
• Shopping Mall
• Office Building And Factory & Others

Key Market Players included in the report:

• Reynolds Consumer Products LLC
• CFS Brands LLC
• Simplehuman LLC
• Excell Kaiser
• itouchless Housewares & Products
• Newell Brands Inc. and Wastequip