World Smart Trash Bin Market (16.48% CAGR) to 2021

ReportsnReports.com adds Global Smart Trash Bin Market 2017-2021 latest research report; the analysts forecast global smart trash bin market to grow at a CAGR of 16.48% during the period 2017-2021.

February 1, 2017 /MarketersMedia/ —

The global smart trash bin market analyst says smart trash bins are being introduced in different sizes and materials, thereby creating a wide portfolio of products for customers to choose from, depending on their need and space availability. For instance, iTouchless smart trash cans range from 1.5 gallons to about 23 gallons. Other vendors such as Nine Stars Group (USA) also offer trash cans in the similar price range. Nine Stars Group (USA) has also launched a small trash can of 0.5 gallons with a dimension of 7.8 x 7.8 x 4.0.

Complete report on smart trash bin market spread across 65 pages, analyzing 4 major companies and providing 30 data exhibits are now available at http://www.reportsnreports.com/reports/832165-global-smart-trash-bin-market-2017-2021.html

According to the smart trash bin market report, owing to the fast-changing lifestyles and the need for convenience, consumers have been quick to adopt the latest technologies. The concept of controlling a home appliance via the internet and a smartphone is attracting huge attention from all consumer segments in recent times.

The following companies are the key players in the global smart trash bin market: iTouchless Housewares & Products, Nine Stars, Spectrum Brands, and simplehuman. Other prominent vendors in the market are: EKO USA, Enevo Oy, Honey-Can-Do, Home Depot, and Modernhome. Order a copy of Global Smart Trash Bin Market 2017-2021 report @ http://www.reportsnreports.com/purchase.aspx?name=832165

Smart trash bin market in the Americas: The market for smart trash bins is flourishing in the Americas owing to the increased penetration of smart appliances in the region, especially in the US. Increasing per capita incomes and number of smart homes in the region is anticipated to drive growth of the smart bin market in the Americas during the forecast period. High GNI, increased spending capacity of higher income groups, and a higher number of early technology adopters make the US an attractive market for technologically advanced, smart connected devices. With the right positioning and value proposition, brands are able to target the right buyer pool in the country.

Smart trash bin market in EMEA: Fuelled by the increasing adoption of smart homes and improving economic conditions in the region, the smart trash bin market in EMEA is anticipated to experience high growth in the coming years. UAE, Qatar, the UK, and France are some of the key revenue generating countries in the region. Smart trash bin market in APAC: The growth of the smart trash bin market in APAC is expected to be facilitated by the increasing adoption of smart homes in countries such as China, Japan, and India. Developed nations, such as Australia and Japan, currently dominate the smart trash bin market in APAC.

Global Smart Trash Bins Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global smart trash bin market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of smart trash bins.

Further, the smart trash bin market report states that smart trash bins are niche products, and their demand is minimal in developing countries such as APAC and Africa, even though the demand is increasing rapidly in developed regions such as North America and Europe.

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Release ID: 166061