Pune, India, March 29, 2022 (GLOBE NEWSWIRE) -- The global portable toilet market size was USD 11.85 billion in 2020. The market is projected to grow from USD 12.61 billion in 2021 to USD 20.43 billion in 2028 at a CAGR of 7.1% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Portable Toilet Market, 2021-2028.” Factors such as increasing demand for hygienic solutions at manufacturing and construction sites will boost the market growth during the forecast period. Additionally, increasing demand for standard and customized self-contained portable restrooms will increase the footprint of the market.
List of Key Players Present in Portable Toilet Market are;
- Thetford (U.S.)
- Satellite Industries (U.S.)
- PolyPortables (U.K.)
- Shorelink (U.K.)
- Armal Srl (U.S.)
- Sanitech (South Africa)
- ADCO Holdings Inc. (TOI & DIXI Group GmbH) (U.S.)
- PolyJohn Enterprises (U.S.)
- Camco Manufacturing, INC. (U.S)
- Blue Bowl Sanitation Inc. (U.S.)
- NuConcepts (U.S.)
- Formit Portable Toilets (Australia)
- Ace Portable Toilets (U.S.)
- Arkansas Portable Toilets (U.S.)
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COVID-19 Impact
Production Delays & Disrupted Supply Chains During the Pandemic to Limit Market Growth
The COVID-19 pandemic impacted various sectors worldwide. The pandemic bought economic backlash on international trade, foreign direct investments (FDIs), and other production activities, thereby limiting the growth of the market. Imposed lockdowns and shutdown of manufacturing facilities to curb the spread of the virus further led to decreased output against rising demand. Increasing prices of oil further led to a faltered transport sector, leading to delays in manufacturing and production activities.
Segments
Type, Application, and Region Are Studied
By type
- handling/lifting moving toilet
- power/trailer mobile toilet
On the basis of application
- construction sites
- factories
- public places
In terms of geography
- North America
- Europe
- Asia Pacific
- Middle East
- Africa
- South America
Report Coverage
The report contains a comprehensive overview by analyzing critical aspects of the industry such as opportunities, growth drivers, threats, key developments, and restraints. Additionally, the report also sheds light on various segments and sub-segments in terms of types and applications. The report further encompasses innovations, mergers, alliances, joint ventures, and acquisitions acquired by the dominant players in the market.
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Drivers & Restraints
Rising Industrial & Commercial Infrastructure to Augment Market Volume
Factors, such as the rapidly developing industrial and commercial sector and improving GDP of rising economies, will boost the portable toilet market growth during the forecast period. Additionally, increasing investments across various sectors and efforts were undertaken to improve the country’s deficit, which will further fuel the growth of the market. Also, strengthening the quality of life for consumers and rising renovation activities among old construction sites will increase the footprint of the market.
However, increasing geopolitical tensions are expected to hamper supply chains, thereby limiting the growth of the market during the forecast period.
Regional Insights
Asia Pacific to Hold Largest Market Share due to Surge in Infrastructure Development
North America will hold the largest portable toilet market share due to increasing demand for luxurious toilets and an ongoing trend of hosting outdoor parties.
Asia Pacific will occupy exponential market share during the forecast period, owing to the region’s housing highly populated regions and improving standard of living among the general population. Additionally, expanding infrastructure developments and increasing organizations offering safe and hygienic defecation facilities for their workforce will increase the footprint of the market.
Europe will hold considerable market share in terms of global contribution due to the highly dependent tourism sector and growth in the construction and manufacturing sector during the forecast period.
Competitive Landscape
Product Development & Improving Technology to Bolster Market Share
The dominant players for the industry are constantly working toward developing novel and innovative solutions for offering a wider portfolio for their consumers. In order to maintain a competitive edge, heavy investments are being made into R&D activities and increasing annual R&D expenditure. Prominent players are often shuffling their products to create a diversified choice for maintaining a safe and hygienic environment for their consumers. This results in mergers & acquisitions to capture a large market share, thereby increasing revenue.
Key Industry Development:
- October 2021: Thetford Corporation began shipping its Titan Tote Premium Portable Waste Tanks that integrate with its line of portable toilet solutions.
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Detailed Table of Content:
- Introduction
- Definition, By Segment
- Research Approach
- Sources
- Executive Summary
- Market Dynamics
- Macro and Micro Economic Indicators
- Drivers, Restraints, Opportunities and Trends
- Impact of COVID-19
- Short-term Impact
- Long-term Impact
- Competition Landscape
- Business Strategies Adopted by Key Players
- Consolidated SWOT Analysis of Key Players
- Global Portable Toilet Market Share Analysis, 2020
- Key Market Insights and Strategic Recommendations
- Profiles of Key Players (Would be provided for 10 players only)
- Overview
- Key Management
- Headquarters etc.
- Offerings/Business Segments
- Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
- Employee Size
- Key Financials
- Past and Current Revenue
- Gross Margin
- Geographical Share
- Business Segment Share
- Overview
TOC Continued…!
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