Report ID: SQMIG20L2041
Report ID:
SQMIG20L2041 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
61 |
Figures:
75
The global portable toilet rental market is witnessing significant growth, with the Asia Pacific region dominating the global market. This can be attributed to the high inflow of tourists, which has led to a growth in the accommodation industry, thereby boosting the application of portable toilets by hotels and public authorities. These toilets offer adequate restroom facilities under diverse circumstances, making them a popular choice for event organizers, construction sites, and public gatherings. As per UNWTO/GTERC Asia Tourism Trends: 2018, international tourist arrivals in the Asia Pacific grew by 6% in 2017, reaching 323 million. This is a clear indication of the region's potential for growth in the portable toilet rental market.
The North America market is also witnessing growth, with a projected CAGR of 7.6% from 2022 to 2030. This growth can be attributed to the high demand for portable toilets at public gatherings, such as outdoor exhibitions and concerts. Event organizers prefer portable toilets to offer sanitary facilities to their audiences, and with Las Vegas known for its concert residencies, boasting 59 concerts per 100 thousand residents according to SeatGeek, the demand for portable toilets is expected to remain high.
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Report ID: SQMIG20L2041