Europe Garbage Bins Market

Europe Garbage Bins Market Outlook (2023-2033)

The Europe garbage bins market is anticipated to project a valuation of US$ 2.4 billion in 2023 and further expand at a CAGR of 3.8% to reach US$ 3.5 billion by the end of 2033.

Garbage bins are exploring their continuous demand across the matured European market due to the stringent government policies in various economies to segregate waste and recyclable materials separately for recycling purposes. Introduction of smart bins and ongoing R&D to develop better bins to ease everyday waste management at the unit level.

Report Attributes	Details
Garbage Bins Market Size (2022A)	US$ 2.3 Billion
Estimated Market Value (2023E)	US$ 2.4 Billion
Forecasted Market Value (2033F)	US$ 3.5 Billion
Europe Market Growth Rate (2023-2033)	3.8% CAGR
United Kingdom Market Growth Rate (2023-2033)	~2.6% CAGR
Key Companies Profiled	Glasdon International Limited Weber GmbH & Co. KG Auweko Binology LLC Neo Bagno ANTA SWISS AG PSAplast ALDA Poland Sp. z o.o. Great Plastic. Ernst Wagner GmbH & Co. KG Green Plast Tournus Equipement Products Francehopital SAS

Historic to Future Pathway Analysis

Automated and sensor-based no-touch bins are gaining traction. They reduce the occurrence of waste mismanagement and scattering of waste. Such factors are set to reframe garbage bin sales in forthcoming years. Further, the growing construction of commercial and residential spaces offers high growth opportunities to the market.

• Short-Term Growth Projection: Rising government initiatives to reduce waste and increase recycling practices at the mass level, bolster the market’s growth.
• Medium-Term Growth Projection: Growing construction of residential and commercial spaces drive the market’s growth during the projection period.
• Long-Term Growth Projection: The technological penetration is advancing and it is estimated that market players with the power of technology will introduce more smart garbage bins, to curve the market pool.

Over the 2018-2022 historical period, the Europe garbage bins market registered a CAGR of 2.2%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 3.8% CAGR between 2023 and 2033.

Market share analysis of garbage bins based on material and country is provided in a nutshell in the above image. Under the material segment, the plastic sub-segment is estimated to reach a market share of 44.0% in 2023.

“Technological Advancement to Curve the Demand Pool”

With the changing lifestyle and introduction of various advanced gadgets to ease routine life, garbage bin manufacturers also introduced automated and smart bins to manage everyday waste. These bins possess sensors that keep the bin closed and also enable users to empty bins on time reducing overloading and scattered waste problems.

Smart bins are constructive solutions for the working class. It helps them to manage their waste easily in less time. Also, it has high demand in commercial areas such as shopping complexes, offices, public areas, and others.

In recent years, awareness regarding health and hygiene has increased tremendously, people use to avoid contact in public areas, seeking this as a demand area manufacturers introduced no-touch fully automated sensor-based bins for public areas. This, in turn, create lucrative opportunities for the market's growth during the forecast period.

Further, the technology will also be able to eliminate the cross-contamination of waste and any hazardous material by detecting it early and responding accordingly.

“Government Regulation over Plastic: A Major Hurdle”

Garbage bins are made from different materials such as metal, fiber, plastic, and others. However, plastic has high dominance in the manufacturing of garbage bins across Europe, as it is available in abundance, cost-effective, and also easy to manage. Due to the high cost of available alternatives such as metal bins, plastic bins are more used by residential and industrial users.

Further, plastic bins are available in different colors and sizes easily. However, governments across Europe are implementing various laws to control the use of plastic as it is baleful to the environment. Government policies challenge the market's growth and also affect the profitability of manufacturers as they are forced to offer bins of other materials at lower prices to retain customers. This is the barrier to be bridged for the market's growth.

Country-wise Insights

What are the factors driving the market’s growth across Germany?

Germany is determined as a country with effective waste management policies and guidelines effectively followed. There are several bins to segregate the waste at the unit level to manage waste efficiently. Smart bins are installed in commercial areas to reduce waste mismanagement and spill.

Germany is implementing new laws to more effectively manage waste and further use it as manure instead of dumping or burning it. Hence, mushrooming awareness regarding waste management and stringent government laws to manage waste fuel the market's growth across the country.

Why is the France garbage bins market expected to be highly lucrative?

The UK has prominent growth opportunities for the market. As Public welfare organizations, local governing bodies, and other concerned regulatory bodies increasingly taking initiatives to ensure cleaner environments in urban areas. Manufacturers of garbage bins in the UK are intensifying their efforts to increase the adoption of their products.

In order to encourage the residential population to adopt different garbage bins especially advanced automated garbage bins in daily waste disposal activities, initiatives and efforts are being led by governments and product manufacturers.

Further, automatic garbage bin adoption is expected to be aided by the convenience provided by the automatic disposal of sanitary waste in hospitals and clinics.

In an effort to provide customers with appealing services, hotels and restaurants are also increasingly using automatic trash cans, particularly in restrooms.

Category-wise Insights

Why is the demand for “4 to 16 gallons” garbage bins rising?

Garbage bins with capacities ranging from 4 to 16 gallons are frequently used in homes, especially in kitchens, bedrooms, and other common areas. Additionally, these trash cans are typically found in commercial spaces like offices, cabins, hotel rooms, and hospital rooms. Hence, 4 to 16 gallons rule the market with a major market share in the year 2022.

Followed by 16 to 25 gallons due to the accessibility of a notable count of products in shape and sizes be in range, smart garbage bins are especially in demand across the commercial sector as the sector needs garbage bins with enormous capabilities to stockpile large volumes of waste produced at public restrooms, hospitals, and hotels, among other places.

How does residential segment growth spur the market’s outlook?

Flourishing the construction sector to augment the market's growth, as with the rising number of households or commercial spaces the garbage bins demand increases drastically, to manage the waste effectively. For instance, in 2021, in most European countries construction sector accounted for 4-7% of their GDP.

Garbage bins are basic units used in commercial, industrial and residential spaces. Thus, increasing construction proliferates garbage bin sales, augmenting the market's growth.

Key Stratagems by Market Players

Eminent Market players in the garbage bin market include Glasdon International Limited, Weber GmbH & Co. KG, Auweko, Binology LLC, Neo Bagno, and ANTA SWISS AG, among others.

Market titans are adopting various key strategies to stay in competition in the highly fragmented garbage bins market. The companies focus on enhancing their market footprints by collaborating or acquiring regional or local players to cover huge catchment areas and gain high-profit margins.

Digital platforms are also gaining traction as manufacturers are able to get a wide customer base and can improve brand recognition as well. E-commerce platforms enable market players to display their wide offerings on digital shelves.

Further, investment in advancing technology and the development of innovative products play a critical role in reframing the demand and supply spectrum. Long-term trade relations with both suppliers and distributors enable market players to survive in unfavorable market situations.

Fact.MR has provided detailed information about the price points of key manufacturers of garbage bins positioned across countries, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Garbage Bins Industry Research

• By Type :

  • Built-in
  • Floor-mounted
  • Hanging
  • Wall-mounted
  • Others

• By Size :

  • > 4 Gallons
  • 4–16 gallons
  • 16-25 gallons
  • 25-35 gallons
  • 35-50 gallons
  • 50 < gallons

• By Material :

  • Metal
  • Plastic
  • Fiberglass
  • Others

• By Sales Channel :

  • Online Sales Channel
    • Company Owned Website
    • E-commerce Platform
  • Offline Sales Channel
    • Convenient Stores
    • Super Market
    • Hyper Markets
    • Retail Stores
    • Others

• By Application :

  • Residential
  • Industrial
  • Commercial

• By Country :

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • BENELUX
  • NORDICs
  • Portugal
  • Rest of Europe