$9.9bn
$XXX.Xm
55,222
9,761
$X.Xbn
Portable toilet rental and septic tank cleaning companies have performed well during the current period, but there’s been significant revenue volatility. Demand for the industry’s services from entertainment events at large venues has been mostly strong as disposable incomes grew and consumers increasingly spent money on activities such as concerts and sporting events. Nonetheless, in 2020, social-distancing protocols to combat the pandemic reversed this trend, severely hindering attendance at entertainment events. Despite this, revenue didn’t fall much during COVID-19 as record-low interest rates fueled greater construction activity, offering providers a valuable revenue stream. Revenue proceeded to soar in 2021 as pent-up demand for concerts and entertainment venues realized itself as pandemic-era restrictions were eliminated. Spending on outdoor activities continued to be strong throughout the rest of the current period, preventing revenue from falling into negative territory in 2022 and 2023 as a result of rising interest rates and reduced construction activity. Despite these positive trends, elevated construction costs resulting from soaring inflation have hindered profit. Overall, revenue for portable toilet rental and septic tank cleaning providers is anticipated to surge at a CAGR of 3.4% during the current period, reaching $9.9 billion in 2024. This includes a 1.8% jump in revenue in that year.
Industry revenue has grown at a CAGR of 3.4 % over the past five years, to reach an estimated $9.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Chemed Corporation | 836.0 | 116.0 | 13.9 | |
Veolia Environnement | 355.8 | 35.2 | 9.9 | |
Liquid Environmental Solutions Corp | 114.8 | 11.4 | 9.9 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Portable Toilet Rental & Septic Tank Cleaning in the US
Industry revenue is measured across several distinct product and services lines, including Septic tank maintenance services, Portable toilet rental and Drain and sewer services. Septic tank maintenance services is the largest segment of the Portable Toilet Rental & Septic Tank Cleaning in the US.
A sharp decline in the entertainment sector events dampens demand for portable toilet rental
The Portable Toilet Rental and Septic Tank Cleaning industry provides services such as portable toilet rental, septic tank maintenance and various drain and sewer services, such as cesspool pumping and cleaning.
Purchase this report to view all 4 major companies in this industry.
NAICS 56299 - Portable Toilet Rental & Septic Tank Cleaning in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Consistent growth in the economy fuels demand for portable toilet rental and septic tank cleaning services. Even as the industry faced temporary volatility during COVID-19, a...
Learn about an industry's products and services, markets and trends in international trade.
State and local governments implemented strict social distancing measures when COVID-19 hit. This severely reduced the number of entertainment events, constraining portable t...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Highly populated areas are where more portable toilet rental and septic cleaning companies are located. As a result, most establishments exist in the Southeast, West and Mid-...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Emphasis on quality of service heightens internal competition. Since most of the industry's servicers are smaller and localized companies, maintaining a high quality of servi...
Learn about the performance of the top companies in the industry.
Market share concentration in this industry is low, as only one company owns more than 5.0% of the market. The localized appeal of the industry ensures smaller companies can ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Continuity in the entertainment sectors benefit the industry. As demand for entertainment events among consumers grows, it will positively affect demand for portable toilet r...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Volatile economic conditions dampen profitability. As consumer activity slows down, core markets such as the entertainment sector hemorrhage demand for portable toilet rental...
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States is $9.9bn in 2024.
There are 9,761 businesses in the Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States, which has grown at a CAGR of 3.1 % between 2019 and 2024.
The market size of the Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States has been growing at a CAGR of 3.4 % between 2019 and 2024.
Over the next five years, the Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States is expected to grow.
The biggest companies operating in the Portable Toilet Rental & Septic Tank Cleaning market in United States are Chemed Corporation, Veolia Environnement and Liquid Environmental Solutions Corp
Beach cleaning and maintenance and Cesspool cleaning are part of the Portable Toilet Rental & Septic Tank Cleaning in the US industry.
The company holding the most market share in United States is Chemed Corporation.
The level of competition is moderate and increasing in the Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States.