Industry Analysis & Industry Trends
Demand for hazardous waste hauling services is high, due to the health risks associated with handling this type of waste and the damage that it can cause to the environment. The industry services many industries that produce hazardous waste requiring collection and transportation. Industry revenue has grown steadily due to greater hazardous waste volumes generated by the medical, construction, and hospitality sectors. Although demand from the Manufacturing division is high, this market has fallen as a proportion of industry revenue over the past five years due to declines across the division. Output has declined from chemical, plastics, coatings and other manufacturing industries that produce hazardous waste, reducing demand for industry services... purchase to read more
Industry Report - Industry Investment Chapter
Capital intensity within the industry is at a moderate level due to the high labour inputs and moderate capital requirements. Due to high labour requirements for staff to remove and transport hazardous waste, industry wage levels are high for the industry. In addition, capital inputs are required for the purchase of trucks, vehicles, pumps and other plant and equipment.
For each $1.00 required for labour inputs within the industry, approximately $0.21 will be invested in trucks, plant and capital equipment during the year. This capital intensity ratio has remained stable over the past five years as labour inputs and capital investment both increased. These trends are projected to continue over the next five years... purchase to read more