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Underground Waste Containers Market

Underground Waste Containers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Underground Waste Containers Market – Introduction

  • Underground waste containers are the advanced and sophisticated underground systems for collecting waste. They save space and improve the appearance of the surroundings. They are also hygienic, environment-friendly, and offer an attractive alternative to dust bins and dumpsters. Rising environmental concerns is helping in the growth of the underground waste containers market across the globe.

Key Drivers of the Underground Waste Containers Market

  • Underground waste containers are easy to install and have great storage capacity. These containers are hidden underground and can hold a large amount of waste and keep it confined from the surrounding environment, providing protection and safety for the environment. Further, growth in residential and commercial construction activities across the globe is helping in the growth of the underground waste containers market.
  • Underground waste containers save space and are highly efficient and durable. They are more efficient than traditional waste containers and are also aesthetically appealing. Underground waste containers emit lower odor and attract fewer pests. Additionally, rapid urbanization and rise in population has been driving the growth of the underground waste containers market worldwide.

Factors Restraining the Underground Waste Containers Market

  • The outbreak of Coronavirus affected the growth of the underground waste containers market. Prolonged lockdowns resulted in shutdown of manufacturing plants which delayed the production of underground waste containers. Further, the disruption of supply chains due to travel and transportation restrictions hampered the growth of the underground waste containers market.

North America to Hold Leading Share of the Global Underground Waste Containers Market

  • In terms of region, the global underground waste containers market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the underground waste containers market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The underground waste containers market in South America is segmented into Brazil and Rest of South America.
  • North America dominated the global underground waste containers market in 2020, due to rapid urbanization and growth in the industrial sector in the region. Rise in population has been driving the underground waste containers market in North America, particularly in the U.S and Canada.
  • The underground waste containers market in North America is projected to expand at a rapid pace, followed by markets in Asia Pacific and Europe during the forecast period.

Key Players Operating in the Underground Waste Containers Market

The global underground waste containers market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market. A few key players operating in the global underground waste containers market are:

  • Ecoloxia Environmental Group Inc.
  • ESE World B.V.,
  • Meulenbroek
  • Nord Engineering srl
  • Öge Metal
  • Oktagon GmbH
  • reflex Zlín Ltd.
  • SOTKON
  • SUTERA In-Ground
  • Zweva Environment bvba

Global Underground Waste Containers Market: Research Scope

Global Underground Waste Containers Market, by Type

  • Metal
  • Plastic
  • Others

Global Underground Waste Containers Market, by Capacity

  • Up to 1000 L
  • 1000-3000 L
  • Above 3000 L

Global Underground Waste Containers Market, by Application

  • Commercial
  • Residential
  • Industrial

Global Underground Waste Containers Market, by Price

  • Low
  • Medium
  • High

Global Underground Waste Containers Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America
Underground Waste Containers Market

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