Asia-Pacific dumpster rental market is anticipated to showcase considerable CAGR of 5.1% during the forecast period (2021-2027). The growing construction industry of Asia-Pacific is expected to be the key driver of the dumpster rental market in the country. According to a study by the Institution of Civil Engineers (ICE), the global construction industry is expected to reach a value of $8 trillion by 2030, primarily driven by China, India, and the US. According to Asian Infrastructure Investment Bank (AIIB), in Asia-Pacific, the construction industry is expected to exhibit a growth of around 5.0% between 2015 and 2024, due to the rapid urbanization, presence of rapidly-growing economies, and intensifying infrastructural spending.
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Dumpster rental service provider receives high demand from construction sites for carrying & dumping of substantial trash efficiently. Therefore, rising industrialization and urbanization that are promoting the construction sector are the key aspects that are propelling the growth of Asia-Pacific dumpster rental market. Moreover, increasing waste disposal activities in the country along with the presence of government initiatives for waste management are some other factors that are driving the growth of Asia-Pacific dumpster rental market.
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Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2020-2027
- Segment Covered-
- By Type
- By Application
- Competitive Landscape- Republic Services, Inc., Rumpke Dumpster Rental, Trash Gurl LLC, Vine Disposal LLC, Waste Management, Inc.
Asia-Pacific Dumpster Rental Market Report Segment
By Type
- Hourly Rental
- Daily Rental
- Monthly Rental
- Quarterly Rental
- Yearly Rental
By Application
- Residential
- Industrial
- Commercial
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
