Biohazard trash cans are utilized for the disposal of waste having contagious materials such as human body fluids, pathological, microbiological, and animal waste that may act as a danger to people and the environment. It should be free of leakages during storage, transport & handling, should be fully closable, and should be properly labeled. Biohazard containers need to be closed before handling and shipping. These cans exhibit high demand in laboratories, hospitals, chemical industries, and pharmaceutical industries to collect the medical waste material for further disposal. For applications related to the collection, storage, and transportation of medical waste these cans are winning attention.
COVID-19 Impact analysis
COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome corona virus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing shortage of these drugs. Thus, the pharmaceutical and biotechnology industry is expected to witness a significant growth in the future owing to the demand for vaccine and treatment drugs for COVID-19. This in turn is expected to have a significant impact on the biohazard trash cans market.
Top Impacting Factors
- Developments in the healthcare industry, rise in predominance of chronic disease, the highest application of trash cans in the medical waste disposal, and increase in amount of pharmaceutical waste from the healthcare sector are factors that drive the growth of the biohazard trash cans market.
- In addition, developing government initiatives for medical waste disposal, growing importance for eco-friendly waste management, strict regulatory guidelines for efficient waste management in the world, are some factors, which boost the market growth for biohazard trash cans.
- However, a high chance of breakage and risk of spread of diseases hamper the market growth.
Market Trends
New product launches to flourish the market
In 2018, Mauser Packaging Solutions, a global leader in solutions and services across the packaging lifecycle launched the first medical waste container made of 100% recycled plastics generated from post-consumer packaging waste.
Key Benefits of the Report
- This study presents the analytical depiction of the biohazard trash cans industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the biohazard trash cans market share.
- The current market is quantitatively analyzed to highlight the biohazard trash cans market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed biohazard trash cans market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the biohazard trash cans Report
- Which are the leading players active in the biohazard trash cans market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is “Biohazard trash cans"?
- What is “Biohazard trash cans “Market prediction in the future?
- Who are the leading global players in the “Biohazard trash cans“Market?
- What are the current trends and predicted trends?
- What are the key benefits of the “Biohazard trash cans" Market report?
Biohazard Trash Cans Market Report Highlights
| Aspects | Details |
 By Product Type |
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 By End User |
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 By Region |
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 Key Market Players | Executek, Contico, Alsco, BioBag, Rubbermaid, Carlisle, San Jamar, Globe Products, Newell Brands, Nine Stars |
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