A portable toilet is a mobile washroom that can easily be moved around. It is rented for usage of providing sanitation services to the people. There can be portable toilet which is brought on site while others may be washroom within mobile vehicles such as caravans or boats. Some portable toilets can be moved by just one person while some may require mechanical equipment to move around.
COVID-19 Scenario Analysis:
The COVID-19 outbreak has shaken the economy in the world. In this scenario, some industries are doing extremely well while others have been crushed. The necessity food market, cleaning and hygiene product market and medical industry are such categories which are witnessing a substantial growth. E-commerce may also witness growth in the post COVID-19 scenario. The travel and tourism market, event management businesses, live events, entertainment industry and reality shows have witnessed a drop in its overall performance during COVID-19 pandemic. There is a decrease in the growth of the portable toilet market as these industries directly influence the growth of the portable washroom rental market. In addition, the lockdown in different economies caused impaired supply chain and unavailability of workers and raw materials due to which production and demand both have been hampered.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The surge in the expenditure on the travel and tourism has significantly increased the sales of portable toilet market. The expansion of construction sectors in developing countries increases the usage of portable toilet on the construction sites. Thereby supporting the growth of this market. There has been also a rise in the demand for low maintenance and cost effective portable toilets owing to the growing urbanization in the Asia-Pacific region.
The growth of event management industries has propelled the usage of these portable toilets for live events, weddings, and festivals. Another growth driver of this market is the entertainment industry.
The global portable toilet rental market trends are as follows:
New product launch to flourish the market
Leading players in the market are focusing on the development of comfortable and convenient portable sanitary units to gain higher market share. Several strategies have also been adopted by the companies to expand the production capacity and distribution network in the market such as marketing campaigns, product innovation, and mergers & acquisition. For instance, Sanitech acquired Rent-A-Toilet’s Namibian operations.
Government regulations supporting the market
Strict regulations and massive investment by the governments of various countries across the globe for providing proper sanitation facility in the rural areas fuels the demand for portable toilets rental market. Thus, there is rise in the installation of sanitary units in parks, streets, malls, and other public areas. In addition, the surge in government expenditure to improve the infrastructure of the country propels the usage of such sanitary units in the construction sites. For instance, the government of India is executing number of smart city projects giving employment to lot of people in the country. Thus it is further increasing the usage of portable toilet units on rental basis to provide proper sanitation system for workplace and sites to the employees and labors. Moreover, the awareness programs organized by various governmental and non-governmental bodies have influenced the general public to use the sanitary units.
Key Benefits of the Report:
- This study presents the analytical depiction of the global portable toilet rental 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 global portable toilet rental market share.
- The current market is quantitatively analyzed to highlight the global portable toilet rental market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global portable toilet rental market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Portable Toilet Rental Market Research Report:
- What are the leading market players active in the portable toilet rental market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Portable Toilet Rental Market Report Highlights
Key Market Players
ADCO International, Shorelink International, ARMAL Inc., NuConcepts, Camco Manufacturing Inc., PolyJohn Enterprises Corp., Sanitech, Satellite Industries, B&B Portable Toilets