Portable Toilet Rental Market is Projected to Witness a CAGR of 10.6% By 2021–2030

SHARE THIS ARTICLE

The global Portable Toilet Rental market size is expected to be worth around US$ 38.5 billion by 2030, according to a new report by Vision Research Reports.

The global Portable Toilet Rental market size was valued at US$ 20.1 billion in 2020 and is anticipated to grow at a CAGR of 10.6% during forecast period 2021 to 2030.

Get Sample Copy of This Report (Including TOC, List of Tables & Figures, and Chart)@ https://www.visionresearchreports.com/report/sample/38487

Report Coverage

Report Details
Market Size US$ 38.5 billion by 2030
Growth Rate CAGR of 10.6% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Product, Application, Technology
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Sanitech; Satellite Industries, Inc.; CO Group; B&B Portable Toilets; PolyJohn Enterprises Corporation; United Site Services Inc.; Biffs, Inc.; Halco Portables; Handi-Can Portable Toilets; West Coast Disposal Ltd.

Growth Factors

Increasing infrastructural development, particularly in regions like Asia Pacific, is expanding the scope of the market. The construction of an 850km-long-road in Indonesia including new sections of the Trans-Sumatran highway, major road and rail projects underway in Melbourne, Perth, and Sydney in Australia, and an investment of USD 109 billion on roads and highways in India by 2023 are some of the major infrastructural projects that are underway. All of these projects are fueling the need for portable toilet rental services.

The increasing number of residential, hotel and social infrastructural projects is also propelling the demand for portable toilets. The application of green materials to sustainable buildings has become a common consideration in modern housing designs as well as construction techniques because of their environmental benefits and a significant return on investment for homeowners.  

Report Highlights

The standard portable toilet segment dominated the market and accounted for the largest revenue share of 80.9% in 2020. A standard portable toilet features a basic toilet and a holding tank, while some models also comprise separate male urinals. The rising trend of elaborate outdoor weddings and other social events is boosting the demand for luxurious portable toilets. Thus, companies are focusing on offering high-end sanitation services on account of the growing number of outdoor events.

The gravity-based technology segment dominated the market for portable toilet rental and accounted for the largest revenue share of 55.8% in 2020. The increasing popularity of public gatherings at outdoor exhibitions, events, and festivals is driving the demand for gravity-based portable toilet rental services among the organizers.

The vacuum-based technology segment is expected to register the fastest CAGR of 9.5% over the forecast period. The demand for portable toilets with vacuum technology is driven by the growing consumer awareness of water conservation.

The construction segment dominated the market for portable toilet rental and accounted for the largest revenue share of 69.1% in 2020. On construction sites, workers are more productive when they use clean and conveniently located portable toilets, and, thus, can spend more time on the construction site.

Asia Pacific dominated the portable toilet rental market and accounted for the largest revenue share of 54.1% in 2020. The increasing number of upcoming infrastructure projects is likely to boost the application of portable toilets in the region during the forecast period. The growing number of intrastate projects across the globe is one of the primary factors fueling the demand for vacuum-based mobile toilets worldwide.

Key Players

  • Sanitech
  • Satellite Industries, Inc.
  • CO Group
  • B&B Portable Toilets
  • PolyJohn Enterprises Corporation
  • United Site Services Inc.
  • Biffs, Inc.
  • Halco Portables
  • Handi-Can Portable Toilets
  • West Coast Disposal Ltd.

Market Segmentation

  • Product
    • Standard
    • Luxury
  • Application
    • Construction
    • Recreational
    • Special Events
    • Commercial
  • Technology
    • Vacuum Technology
    • Gravity Based Technology
    • Others (Pressure assisted, Dual etc.)
  • Regional
    • North America
      • U.S.
    • Europe
      • U.K.
      • Germany
    • Asia pacific
      • China
      • India
    • Central and South America
      • Brazil
    • Middle East and Africa
      • South Africa

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Buy This Premium Research Report, click here@ https://www.visionresearchreports.com/report/cart/38487 or call: +1 9197 992 333

Daksh

Daksh is an SEO Analyst having 3 years of experienced. we can quickly understand and support initiatives that will contribute to the goals and success of client campaigns. and also Perform keyword research in coordination with client business objectives to optimize existing content and uncover new opportunities.

View all posts by Daksh →

Leave a Reply

Your email address will not be published. Required fields are marked *