February 07, 2019 14:55 ET | Source: Absolute Markets Insights Absolute Markets Insights

PUNE, India, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Rising government regulations regarding installation of efficient lavatories and sanitation systems at construction sites is fuelling the growth of portable toilets market. Other applications of portable toilets include squares, stations, and docks. In the present scenario, installation of portable toilets on streets, parks, monuments, and other such places in on a rise and there has also been a major focus on tourist attraction sites. In 2018, the portable toilet market was valued at US$ 18,503.48 Mn and is expected to surpass US$ 25,438.25 Mn by 2024. Based on the regions, presently North America accounts for more than 35% of the portable toilets market revenue followed by Europe and Middle East & Africa. During the year 2018, the U.S. accounted for more than 80% of the overall portable toilet market revenue in North America.

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“During the next six years, the demand for portable toilets will witness higher growth from developing markets with the rising deployment of these toilets at public places. As far as the developed markets are concerned, the mid-range VIP portable toilets will witness the highest growth in the coming years. Well-developed sanitization sector in the U.S. is contributing to its higher share in the global portable toilets market. Europe will witness an increase in the number of portable toilet installations during the forecast period with a rising number of tourists in the region.”

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The detailed research study provides qualitative and quantitative analysis of portable toilets market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue as well as sales volume across regions and further, across all the major countries. The supply-side analysis covers regional production volume and capacity analysis. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa, and Latin America.

Some of the players operating in the portable toilet market are ADCO Holdings Inc., Camco, PolyJohn Enterprises Corporation, Sanitech, Satellite Industries, and NuConcepts amongst others.

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