Dumpster Rental industry - Beginning of a Big Industry

Dumpster Rental industry – Beginning of a Big Industry

The Dumpster Rental industry comprises establishments that rent dumpsters of varying sizes to residential, commercial and industrial customers. Dumpster rental companies deliver dumpsters to specific locations and pick them up at the end of the lease period. The industry does not include revenue generated from waste collection, disposal or waste processing activities. From 2014 to 2019, the industry has performed well due to increased construction activity, growth in consumer spending and an increase in the level of corporate profit. Consequently, revenue for the Dumpster Rental industry was anticipated to increase at an annualized rate of 2.3% to $414.1 million from 2014 to 2019. Just an example; In 2019 alone, industry revenue is estimated to increase 1.4% which is an additional $5.8 million. 

Over the next five years to 2026, the Dumpster Rental industry is anticipated to continue experiencing exponential growth. Continued consumer spending and a slight rebound in the level of corporate profit are anticipated to drive revenue growth. In addition, the value of construction is expected to continue growing, generating demand for the dumpster rental service providers. As a result, over the five years to 2026, revenue for the Dumpster Rental industry is projected to increase at an annualized rate of 4.2% to help generate another 82.8 million dollars. The Dumpster Rental industry is expected to continue generating a large share of the revenue from commercial and industrial customers, including construction companies specializing in residential and non-residential remodelling and renovation services which include, but are not limited to, Renovating, remodelling & restoration companies, roofing, real estate agents, residential spring cleaning, tree removal, landscaping, concrete & asphalt installers, brick masons, industrial building owners, office space lessees, residential basement cleanouts, decluttering your home, builders, carpenters, car dealerships, trailer dealerships, marijuana dispensaries, insulation companies, steel manufacturers, the haunted house/building owners, to name a few.

Leave a Comment

Your email address will not be published. Required fields are marked *