Report ID: SQMIG45I2068
Report ID:
SQMIG45I2068 |
Region:
Global |
Published Date: July, 2024
Pages:
242
|
Tables:
85 |
Figures:
76
North America Automatic Touchless Garbage Bin Market size was valued at USD 8.25 million in 2022 and is poised to grow from USD 8.81 million in 2023 to USD 15.03 million by 2031, growing at a CAGR of 6.9% in the forecast period (2024-2031).
The use of technology for waste management to reduce human efforts results in the smart trash bin. The major attribute to the growth and dominance in the smart garbage bin is sensor use, various communication methods like wireless, intercom and various innovative ideas. The key factors influencing growth include demand-supply scenario, pricing structure, profit margins, production and value chain analysis. The installation of the smart garbage bin can help to recycle the trash for further use.
North America has been a dominating part in the smart automatic touch less garbage bins and reported as it will maintain the dominance now and in future as well. This is expected to create a positive impact of recycling and management of waste and reducing human efforts by installation of sensor and innovative based garbage bins. COVID-19 pandemic has put a lot of pressure on trash can manufacturers due to acute shortage of laborers as well as consumers strictly following the lockdown orders amid the crisis.
North America Automatic Touchless Garbage Bin Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG45I2068