Dumpster Rental in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: August 2024
NAICS OD5837Revenue
$542.5m
Past 5-Year Growth
Profit
$XX.Xbn
Employees
6,413
Businesses
232
Wages
$XXX.Xm
Dumpster Rental in the US industry analysis
The Dumpster Rental industry has demonstrated robust performance in recent years, bolstered by growth in the value of residential construction, a hike in consumer spending and an overall boost in corporate profit. However, challenges have surfaced in the form of rising inflation and interest rates, which have led to a drop in overall construction expenditure. Consequently, residential and nonresidential sectors have experienced substantial pressure, resulting in a shift in demand for dumpster rental services. Nonetheless, industry-wide revenue has been increasing at a CAGR of 0.5% over the past five years, including an estimated 3.6% decrease in the current year, and is expected to total $537.7 million in 2023. In the same year, profit is projected to decrease to 11.9%.Dumpster rentals are commonly utilized at temporary sites that generate substantial waste, rendering standard trash bins and pickup trucks inadequate for waste disposal. Construction projects, in particular, benefit from dumpster rentals because of their temporary nature and high volume of waste. Renting a dumpster offers customers the advantage of fewer trips to dispose of waste, thereby enhancing efficiency. Moreover, the dumpster rental industry typically experiences growth in tandem with the overall economy.Investment in manufacturing facilities, private spending on home improvement projects and growth in the value of construction will likely support revenue growth over the next five years. As a result, industry revenue is expected to increase at a CAGR of 2.2% over the next five years, reaching $598.6 million in 2028.
Trends and Insights
- Elevated inflation and interest rates have reduced construction spending, affecting residential and nonresidential sectors and significantly hindering demand for dumpster rental services.
- Dumpster rentals for nonhazardous waste align with economic growth, offering disposal solutions for various projects. Rental fees depend on size, duration and collection services. The hazardous waste segment remains smaller and more regulated.
- The Dumpster Rental industry's establishment distribution mirrors the US population and economy, with the Southeast and Mid-Atlantic regions having the largest share of establishments.
- The quality of service offered is a crucial competitive factor in the Dumpster Rental industry. Clients who seek dumpster rentals depend on the industry to ensure punctual delivery and collection services.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 0.2 % over the past five years, to reach an estimated $542.5m in 2024.
Trends and Insights
Industry revenue generally aligns with overall economic growth
- High-interest rates and inflation have diminished corporate profitability, consumer spending and construction values, adversely affecting economic performance and decreasing demand for dumpster rental businesses.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The dumpster rental sector will ensure steady revenue growth amid economic recovery
- New York Federal Reserve President John Williams indicates that the central bank will likely lower rates to stabilize the economy amid falling inflation and a potential recession, easing pressure on construction, corporate profits and consumer spending.
Biggest companies in the Dumpster Rental in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Waste Management, Inc. | 55.7 | 9.2 | 16.5 | |
Republic Services, Inc. | 42.0 | 7.6 | 18.1 | |
United Site Services Inc. | 17.1 | 2.4 | 14.3 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Non-hazardous small containers, Non-hazardous large containers and Hazardous waste management equipment. Non-hazardous small containers is the largest segment of the Dumpster Rental in the US.
Trends and Insights
Dumpster rental for nonhazardous waste tends to move broadly in line with overall economic growth
- Dumpster rentals offer temporary, project-specific disposal solutions for nonhazardous waste as an alternative to continual collection services.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Waste Collection Services in the US
- Waste Treatment & Disposal Services in the US
- Recycling Facilities in the US
- Portable Toilet Rental & Septic Tank Cleaning in the US
International industries
- Truck Rental in Canada
- Transport Equipment and Large Vehicle Rental in Australia
- Transport Equipment and Large Vehicle Rental in New Zealand
- Truck Rental & Leasing in the UK
- Motor Vehicle Rental and Leasing in Ireland
Table of Contents
About this industry
Industry definition
This industry rents dumpsters of varying sizes to residential and commercial customers. Dumpster rental companies typically deliver dumpsters to specific locations and pick them up at specified times. This industry does not include revenue generated from waste disposal activities even though most companies in this industry are vertically integrated and provide a whole range of waste management solutions.
What's included in this industry?
Renting and leasing commercial dumpstersRenting and leasing residential dumpstersProviding dumpster drop off and collection servicesCompanies
Waste Management, Inc.Republic Services, Inc.United Site Services Inc.Purchase this report to view all 3 major companies in this industry.
Related Terms
ENIVORNMENTAL PROTECTION AGENCY (EPA)RESOURCE CONSERVATION AND RECOVERY ACTVERTICAL INTEGRATIONIndustry Code
NAICS 53212 - Dumpster Rental in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Elevated inflation and interest rates have reduced construction spending, affecting residential and nonresidential sectors and significantly hindering demand for dumpster rent...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Dumpster rentals for nonhazardous waste align with economic growth, offering disposal solutions for various projects. Rental fees depend on size, duration and collection serv...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The Dumpster Rental industry's establishment distribution mirrors the US population and economy, with the Southeast and Mid-Atlantic regions having the largest share of establ...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
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.
Analyst insights
The quality of service offered is a crucial competitive factor in the Dumpster Rental industry. Clients who seek dumpster rentals depend on the industry to ensure punctual de...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Waste Management Inc. is growing its four renewable natural gas (RNG) plants. More than one-third of its fleet is now RNG-powered, allowing the company to reduce its reliance...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Waste Management, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Republic Services, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of United Site Services Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for Waste Management, Inc., and factors influencing its performance in the industry
- Description and key data for Republic Services, Inc., and factors influencing its performance in the industry
- Description and key data for United Site Services Inc., and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Dumpster Rental industry receives little assistance. Several associations and organizations, like the National Waste and Recycling Association and the Solid Waste Associa...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The global crude oil price significantly impacts the profitability of industries. When the price of crude oil increases, it raises the operating costs for companies that rely...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
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.
What data sources do IBISWorld analysts use?
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:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
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:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
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.
How does IBISWorld forecast its data?
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.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Dumpster Rental in the US industry in United States in 2024?
The market size of the Dumpster Rental in the US industry in United States is $542.5m in 2024.
How many businesses are there in the Dumpster Rental in the US industry in 2024?
There are 232 businesses in the Dumpster Rental in the US industry in United States, which has grown at a CAGR of 3.0 % between 2019 and 2024.
Has the Dumpster Rental in the US industry in United States grown or declined over the past 5 years?
The market size of the Dumpster Rental in the US industry in United States has been declining at a CAGR of 0.2 % between 2019 and 2024.
What is the forecast growth of the Dumpster Rental in the US industry in United States over the next 5 years?
Over the next five years, the Dumpster Rental in the US industry in United States is expected to grow.
What are the biggest companies in the Dumpster Rental in the US market in United States?
The biggest companies operating in the Dumpster Rental market in United States are Waste Management, Inc., Republic Services, Inc. and United Site Services Inc.
What does the Dumpster Rental in the US in United States include?
Renting and leasing commercial dumpsters and Renting and leasing residential dumpsters are part of the Dumpster Rental in the US industry.
Which companies have the highest market share in the Dumpster Rental in the US in United States?
The company holding the most market share in United States is Waste Management, Inc..
How competitive is the Dumpster Rental in the US industry in United States?
The level of competition is high and steady in the Dumpster Rental in the US industry in United States.
