Portable Toilet Rental Market Expected To Witness A Substantial Growth Of $34.86 Billion By 2030: Grand View Research Inc.

 

The global portable toilet rental market size is expected to reach USD 34.86 billion by 2030, expanding at a CAGR of 7.5% during the forecast period, according to a new report by Grand View Research, Inc. Increasing infrastructural development, particularly in the 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, and major road and rail projects underway in Melbourne, Perth, and Sydney are major contributors to the growth of the market.

Robust growth in the hospitality and events sector has resulted in continued traction in the event planning segment, driving the demand for premium and luxury portable sanitation services. For instance, Washington, U.S.-based DA Productions DJ & Lighting offers luxury portable restrooms for event planners and organizers. The DJ and lighting service provider has a strong presence in the entertainment industry and works in collaboration with event and wedding planners to organize outdoor events.

Marketing through social media platforms is also one of the major strategies adopted by rental companies to mark their entry into the market and further strengthen their presence. Logo prints with contact information also act as a helpful tool to enter the market. For instance, T BLUSTAR created the option of directly printing the name and other contact details of a company on the plastic part of toilets, which serves as a potential marketing tool and long-term investment.

To meet the increasing demand for the market, companies are expanding their manufacturing facilities to boost production. For instance, in March 2022, Satellite Industries announced the opening of a new PolyPortables Distribution Center in Oregon, U.S. The company planned to expand its Portland, Oregon Regional Service Center with 30,000 sq. ft. of inside storage and 45,000 sq. ft of outside storage, making the new facility seven times larger than the current location.

Furthermore, major companies in the market are innovating to make their portable toilet units more conventional and user-friendly. The rising number of innovations and new product developments by companies with respect to features, functionality, and raw materials have increased consumer interest in the product. For instance, the development of SL2 toilets across the globe has resulted in the rapid adoption of these products by various manufacturers such as Shorelink.

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Rise in the demand for cost-effective and low-maintenance portable toilets on account of rapid urbanization and expanding construction sector in developing regions, such as the Asia Pacific, will boost the market growth. The COVID-19 pandemic positively impacted the growth of the market. In the wake of the COVID-19 pandemic, the full effects of cabin fever begin to set in, and camping helped in shaping the perfect antidote. According to Dan Yates, the founder of Pitchup.com, an outdoor accommodation booking website that offers placement at over three thousand campgrounds across five continents, bookings were up by 350% in June 2020, as compared to May 2020.

Portable Toilet Rental Market Report Highlights

• Standard portable toilet rental was valued at USD 12.82 billion in 2021 and is expected to reach USD 23.60 billion by 2030. The rising awareness of sanitation and hygiene, improving standards of living, and the increasing demand from the rapidly growing construction industry are the major factors driving this segment’s growth
• Special events application segment is expected to witness substantial growth over the forecast period with a CAGR of 9.3% from 2022 to 2030. Various festivals, particularly live music concerts, have become a major contributor to the growth of the segment
• Asia Pacific region was valued a USD 8.16 billion in 2021 and is expected to register a CAGR of 8.1% over the forecast period. The growth in the region is majorly attributed to the increase in the number of residential and commercial construction sites, demanding portable toilet rental

Rising consumer preference for outdoor recreational activities, such as camping, hiking, sports tournaments, and special events such as weddings, concerts, and festivals, is likely to contribute to market growth over the forecast period. In addition, strict regulations and heavy investments by governments around the world to provide proper sanitation units are boosting the demand for portable restrooms in public places such as parks, malls, and streets.

Additionally, there is a significant rise in the construction of residential and social infrastructure which is projected to propel the demand for portable toilet rental services in the foreseeable future. According to World Bank, the global infrastructure investment needs to reach USD 94 trillion by 2040 to keep pace with profound economic and demographic changes across the globe.

However, there can also be instances where the installation of portable toilets is subject to permission from the concerned municipality or city authorities. The permission is granted based on the extent of hygiene that is maintained in and around the portable toilet units, which requires the rental companies to invest significantly in cleaning services. This, in turn, results in a surge in units’ rental fees, which also depends on the number of people a unit has to accommodate.

Furthermore, technological innovation is opening up new avenues for growth in the market. Incorporation of technologies such as 5G, machine learning, cloud services, artificial intelligence (AI), internet of things (IoT), robotics, and green technologies in sanitation products and services is likely to give the market a major boost.

List of Key Players in Portable Toilet Rental Market

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