Global Portable Toilets Market is estimated to be valued at US$ 12.64 Bn in 2021, according to the Global Portable Toilets Market Report, by Product Type (Lifting or Handling Moving Toilets, Power or Trailer Mobile Toilets), by Application (Construction Sites, Factories, and Public Places), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East & Africa), published by Coherent Market Insights.
Global portable toilets market was valued at US$ 12.64 Bn in 2021. Portable toilets market is expected to register a CAGR of 6.92 % over the forecast period (2022–2030), to reach US$ 23.04 Bn by 2030.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/portable-toilets-market-2545
Key Trends and Analysis of the Global Portable Toilets Market:
- Among application, construction sites segment accounted for the largest market share in 2021, in the global portable toilet market. This is due to increasing number of construction activities especially in emerging economies of Asia Pacific coupled with strict regulations on the installation of efficient lavatories and sanitation systems at construction sites to ensure optimum health of workers as well as to maintain hygiene.
- Among regions, Europe is expected to exhibit a significant share in case of portable toilet market, owing to growing tourist population. For instance, December 2021 – A middle-market private investment firm, Monomoy Capital Partners, signed a definitive agreement to acquire Thetford Corporation from the Dyson-Kissner-Moran Corporation (DKM) while focusing on enhancing operational value creatio
- Increasing number of tourist arrivals in Europe are expected to propel demand for portable toilet in public places such as squares, streets, tourist attractions, and stations during the forecast period.
Key Takeaways of the Global Portable Toilets Market:
- Asia Pacific is expected to witness a significant demand in terms of portable toilet, especially in India due to ‘The Swachh Bharat Mission’ (SBM) of the Government of India which has set October, 2020, as the deadline for making India Open Defecation Free.
- The ‘Clean India’ mission aims to construct 111 million toilets in the next five years for improving the health, safety and dignity of the populace of India. In this regard, around 80 million household toilets were estimated to build since 2014, which is further anticipated to propel demand for toilet-related products and services over the forecast period.
- Major players operating in the global portable toilet market include NuConcepts, Satellite, Sanitech, Polyjohn Enterprises, and Camco Manufacturing, Inc.
