Global dumpster rental market is anticipated to showcase considerable CAGR of 3.2% during the forecast period (2021-2027). In residential sector dumpsters can be used to dispose-off furniture, tires, TVs and other electronics, garden or yard, and construction debris like wood and plaster. The considerable rise in the residential waste owing to the growing e-waste generation and construction waste generation is the factor driving the growth of this market segment. E-waste is primarily generated from consumer electronics products, such as computers, monitors, printers, television, video cassette recorder (VCR), printers, mobile phones and CD players. It contains hazardous materials, which can harm human health and the environment.
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In 2016, 44.7 million metric tonnes of e-waste were generated across the globe, an increase of 3.3 million metric tonnes, or 8% from 2014. In 2016, only about 20%, or 8.9 million metric tonnes, of all e-waste was recycled. It is estimated that global e-waste would rise further 17% and reach to 52.2 million metric tonnes by 2021, as per the United Nations (UN). In Australia, e-waste is growing three times faster, as compared to general municipal waste due to rising consumer demand for new products, increased technological trends, and reduced product lifespan.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment/region dominates the market in base year?
- Which segment/region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global 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 Global Market Post. Global Market Post is not responsible for any content included in this release.)