Portable Toilet Rental & Septic Tank Cleaning in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: April 2024
NAICS 56299Revenue
$9.9bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
55,222
Businesses
9,761
Wages
$X.Xbn
Portable Toilet Rental & Septic Tank Cleaning in the US industry analysis
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.
Trends and Insights
- 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 rapid reopening of the US economy helped fuel steady growth.
- State and local governments implemented strict social distancing measures when COVID-19 hit. This severely reduced the number of entertainment events, constraining portable toilet rental's revenue share.
- 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-Atlantic regions.
- 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 service toward their customers enhances their competitive edge.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 3.4 % over the past five years, to reach an estimated $9.9bn in 2024.
Trends and Insights
COVID-19 created mixed results for the industry
- Although the industry's primary markets were in construction and live events where portable toilets and drain-cleaning services are in high demand, COVID-19 severely limited these market niches and forced downward pressure on consumer demand.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Increased demand from the entertainment sector will bolster investment in the industry's services
- Despite challenges related to high inflation, rising interest rates and recessionary fears, the US economy will perform well during the outlook period. Stable GDP growth will boost consumer spending and per capita disposable income, giving households more funds to go to concerts and other large events.
Biggest companies in the Portable Toilet Rental & Septic Tank Cleaning in the US
| Company | Market Share (%)
2024 | Revenue ($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.
Products & Services Segmentation
Source: IBISWorld
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.
Trends and Insights
A sharp decline in the entertainment sector events dampens demand for portable toilet rental
- Customers from various markets, such as entertainment venues and construction companies, frequently request portable toilets to meet the needs to their attendees and staff, respectively.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Waste Collection Services in the US
- Manufacturing in the US
- Finance and Insurance in the US
Complementors
- Sewage Treatment Facilities in the US
- Tank & Refrigeration Trucking in the US
- Environmental Consulting in the US
- Waste Collection Services in the US
- Waste Treatment & Disposal Services in the US
- Remediation & Environmental Cleanup Services in the US
- Heating & Air-Conditioning Contractors in the US
- Plumbers in the US
International industries
- Sewage Treatment Facilities in Canada
- Waste Treatment and Disposal Services in Australia
- Sewerage and Drainage Services in New Zealand
- Waste Collection in the UK
Table of Contents
About this industry
Industry definition
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.
What's included in this industry?
Beach cleaning and maintenance Cesspool cleaning Portable toilet renting and servicingPumping (i.e. cleaning) cesspools, portable toilets and septic tanksSewer cleaning and rodding Sewer or storm-basin cleanout servicesCompanies
Chemed CorporationVeolia EnvironnementLiquid Environmental Solutions CorpPurchase this report to view all 4 major companies in this industry.
Related Terms
SEPTIC TANKTHE CLEAN WATER ACTENVIRONMENTAL PROTECTION AGENCY (EPA)RODDINGSEPTAGEIndustry Code
NAICS 56299 - Portable Toilet Rental & Septic Tank Cleaning 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
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...
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
State and local governments implemented strict social distancing measures when COVID-19 hit. This severely reduced the number of entertainment events, constraining portable t...
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
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-...
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
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...
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
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 ...
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 Chemed Corporation's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Veolia Environnement's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Liquid Environmental Solutions Corp's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Chemed Corporation, and factors influencing its performance in the industry
- Description and key data for Veolia Environnement, and factors influencing its performance in the industry
- Description and key data for Liquid Environmental Solutions Corp, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
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...
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
Volatile economic conditions dampen profitability. As consumer activity slows down, core markets such as the entertainment sector hemorrhage demand for portable toilet rental...
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 Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States in 2024?
The market size of the Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States is $9.9bn in 2024.
How many businesses are there in the Portable Toilet Rental & Septic Tank Cleaning in the US industry 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.
Has the Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States grown or declined over the past 5 years?
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.
What is the forecast growth of the Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States over the next 5 years?
Over the next five years, the Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States is expected to grow.
What are the biggest companies in the Portable Toilet Rental & Septic Tank Cleaning in the US market in United States?
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
What does the Portable Toilet Rental & Septic Tank Cleaning in the US in United States include?
Beach cleaning and maintenance and Cesspool cleaning are part of the Portable Toilet Rental & Septic Tank Cleaning in the US industry.
Which companies have the highest market share in the Portable Toilet Rental & Septic Tank Cleaning in the US in United States?
The company holding the most market share in United States is Chemed Corporation.
How competitive is the Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States?
The level of competition is moderate and increasing in the Portable Toilet Rental & Septic Tank Cleaning in the US industry in United States.
