Portable Sanitation Association International

Association Insight February 7 2018

Issue link: http://psai.uberflip.com/i/938160

Contents of this Issue

Navigation

Page 1 of 13

W EEKLY EDITION FEB 7, 2018 PAGE 2 CONTINUED ON PAGE 3 English-speaking North America All Others 1.3 Million 1.9 Million Single-cabin Portable Toilets in Service Globally 3.2 Million Total The PSAI provides a report on the size and scope of the portable sanitation industry annually. Our numbers are estimates only. There is no international mechanism for gathering and reporting business data, and nearly all portable restroom companies are privately held. Hence, the nature of our industry makes it dif!cult to gather detailed data from businesses that have varying reasons for not disclosing it. Though there are few sources of veri!able data—and even data that have been published is often based on assumptions and extrapolations—we can get a general picture of the health of our industry by looking at multiple sources. Several of these sources group portable sanitation with complementary industries such as "septic tank and related services," and parsing this information requires further inferences. Nevertheless, by consulting and comparing the data available, trends and indicators of our industry's current condition emerge. We can also provide a forecast for the next few years since data for most of the industry drivers are available. 1 The portable sanitation industry represents a small but vital group of businesses around the world. A variety of sources estimates there are about 3.2 million portable restrooms in service around the world, with English-speaking North America representing between 1.8 million and 2 million of that total. In 2017 the North American industry was represented by more than 8,600 companies doing $5.3 billion in gross revenue each year. DATA 1 The information in this article is derived by reviewing a variety of sources and comparing it with internal PSAI data to provide the estimates shown here. Sources include, but are not limited to, US Bureau of the Census data from 2012–2015 (the latest available) for !rms categorized under NAICS codes 562991 (septic tank and related services) and 5629912 (portable toilet rental; a subset of 562991), Ibis World's July 2017 report on Portable Toilet Rental and Septic Tank Cleaning in the United States, Fior Market Research on the global portable toilet rental market for 2018–2022, The Organisation for Economic Cooperation (OECD) report on the economic outlook for 2018 and 2019, The Conference Board Economic Forecast for the US Economy 2017–2018, Oldcastle Business Intelligence's 2018 North American Construction Forecast, and information from PSAI Members. English-speaking North America All Others Single-cabin Portable Toilets in Service Globally 3.2 Million Total The PSAI provides a report on the size and scope of the portable sanitation industry annually. Our numbers are estimates only. There is no international mechanism for gathering and reporting business data, and nearly all portable restroom companies are privately held. Hence, the nature of our industry makes it dif!cult to gather detailed data from businesses that have varying reasons for not disclosing it. Though there are few sources of veri!able data—and even data that have been published is often based on assumptions and extrapolations—we can get a general picture of the health of our industry by looking at multiple sources. Several of these sources group portable sanitation with complementary industries such as "septic tank and related services," and parsing this information requires further inferences. Nevertheless, by consulting and comparing the data available, trends and indicators of our industry's current condition emerge. We can also provide a forecast for the next few years since data for most of the industry drivers are available. 1 The portable sanitation industry represents a small but vital group of businesses around the world. A variety of sources estimates there are about 3.2 million portable restrooms in service around the world, with English-speaking North America representing between 1.8 million and 2 million of that total. In 2017 the North American industry was represented by more than 8,600 companies doing $5.3 billion in gross revenue each year. %"5"4)0841035"#-& 4"/*5"5*0/*45)3*7*/( 0651&3'03.*/(5)& -"3(&3&$0/0.: 1 The information in this article XJMMBQQFBSJOUIF14"**OEVTUSZ3FTPVSDFT%JSFDUPSZ *3% *Uis derived by reviewing a variety of sources and comparing it with internal PSAI data to provide the estimates shown here. Sources include, but are not limited to, US Bureau of the Census data from 2012–2015 (the latest available) for firms categorized under NAICS codes 562991 (septic tank and related services) and 5629912 (portable toilet rental; a subset of 562991), Ibis World's July 2017 report on Portable Toilet Rental and Septic Tank Cleaning in the United States, Fior Market Research on the global portable toilet rental market for 2018–2022, The Organisation for Economic Cooperation (OECD) report on the economic outlook for 2018 and 2019, The Conference Board Economic Forecast for the US Economy 2017–2018, Oldcastle Business Intelligence's 2018 North American Construction Forecast, and information from PSAI Members.5IJT"TTPDJBUJPO*OTJHIUBSUJDMFDPOUBJOTIJHIMJHIUT0OMZ 14"*.FNCFSTXJMMIBWFBDDFTTUPDPNQMFUFJOGPSNBUJPOBTQVCMJTIFEJOUIF*3% 64&" 1)0500' 5)&*3% $07&3 Data Shows Portable Sanitation is Thriving, Outperforming the Larger Economy …continued The following is an excerpt from the 2018 Industry Resource Directory, which will be in Member ' s mailboxes by the end of the month

Articles in this issue

view archives of Portable Sanitation Association International - Association Insight February 7 2018