I love this bucket. It is definitely collapsable completely since it is all fabric. This is a huge benefit because it will fit in just about any area...except the travel bag that it actually came in. But, I can never get things back into those, no matter what the product is. The size of the bucket is great too. I really like that I can use it for just about anything I would think of or can imagine using it for. I haven't looked into washing it yet but I'm pretty sure that that won't be a problem. I will most likely be ordering a couple more. I just wish the color options were more plentiful.