Portable Toilet Rental Procurement Category Market Research Report from IBISWorld has Been Updated
Los Angeles, CA (PRWEB) September 23, 2014 -- Portable toilet rentals have a buyer power score of 3.0 out of 5. According to IBISWorld procurement analyst Ian Buchanan, “this score represents strengthened buying power stemming from a low market share concentration and a lack of specialization required of this service.” At the same time, buyer power is slightly limited by the lack of practical substitutes available to buyers.
Market share concentration is low, which means that there is a high level of competition among vendors of portable toilet rental. Heightened competition is beneficial to buyers because it pressures suppliers to offer reduced pricing to avoid being undercut by competitors. However, the majority of providers are small-scale companies with a narrow area of operations. “As a result, buyers that are located in regions with higher concentrations of suppliers will experience the full benefits of low market share concentration,” says Buchanan. Buyers also benefit from the lack of customization that goes into portable toilet rental. Products are mostly homogenous across suppliers, although the number and quality of services offered will vary from vendor to vendor. The low level of specialization in the market allows buyers to easily find suppliers that offer a product that meets their requirements. Suppliers, consequently, have a significant incentive to offer flexible pricing, resulting in strengthened buying power.
However, buying power is weakened by the lack of practical alternatives to renting a portable toilet. Because portable restrooms are costly and require extensive maintenance and cleaning, purchasing is typically an unrealistic solution for many buyers. Armed with the knowledge that buyers do not have other options, suppliers can leverage prices in their favor, diminishing buying power. The largest suppliers in the market are Republic Services, United Site Services and Waste Management.
For more information, visit IBISWorld’s Portable Toilet Rental procurement category market research report page.
Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Like IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189
IBISWorld Procurement Report Key Topics
This report is intended to assist buyers of portable toilet rental services. Buyers include construction, agriculture and entertainment companies and federal, state and municipal government agencies. Suppliers, also known as portable restroom operators, rent and service standard, trailer-mounted, and Americans-with-Disabilities-Act-compliant portable toilets as well as restroom trailers. Suppliers are also responsible for delivering and picking up portable toilets. This report does not include sink or shower rentals and septic tank or cesspool pumping and cleaning.
Executive Summary
Pricing Environment
Price Fundamentals
Benchmark Price
Pricing Model
Price Drivers
Recent Price Trend
Price Forecast
Product Characteristics
Product Life Cycle
Total Cost of Ownership
Product Specialization
Substitute Goods
Regulation
Quality Control
Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Imports
Competitive Environment
Market Share Concentration
Market Profitability
Switching Costs
Purchasing Process
Buying Basics
Buying Lead Time
Selection Process
Key RFP Elements
Negotiation Questions
Buyer Power Factors
Key Statistics
About IBISWorld Inc.
IBISWorld is one of the world's leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorld’s procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
Gavin Smith, IBISWorld Inc., +1 (310) 866-5042, [email protected]
Share this article