Heavy lifting: Mixed demand from downstream markets has limited industry revenue growth

The Skip Bin Rental industry plays an integral role in the Australian economy, servicing customers across a range of markets, including construction firms, manufacturers, retailers and households. Industry operators deliver and remove skip bins, and recycle or dispose of the waste products. The industry comprises a few large-scale players that have the capacity to service most markets, along with many small-scale independent firms that supply skip bins to narrow regional or niche product markets. Household demand for small skip bins used for major clean-ups, such as when preparing to move house, has supported many of the industry's smaller operators over the past five years.Industry revenue is expected to increase at an annualised 1.6% over the five years through 2018-19, to $2.5...read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 14-19
1.6%
Forecast Growth 19-24
Profit
Employment
8,240
Businesses
1,110

Industry Threats & Opportunities

  • Industry customers generally require convenient or short-term waste solutions
  • Some industry players have used discounting strategies to establish a competitive advantage
  • Rising demand for waste collection services is forecast to support industry revenue growth
  • Industry Report - Industry Investment Chapter

    The Skip Bin Rental industry is moderately capital-intensive, despite the requirement for industry operators to invest heavily in skip bins along with specially fitted vehicles for lifting and transporting bins. Skip bins are expensive to acquire but are robust and tend to have long operational lives, which reduces long-term capital investment requirements. The industry also has a very high labour input through each stage of operation, from delivering and collecting skips through to post-collection disposal and recycling, along with marketing and client management functions. The industry's capital intensity has decreased marginally over the past five years, as depreciation charges have declined as a share of revenue while wage costs have increased...purchase to read more.

    Additional Insights for the Skip Bin Rental Industry

    IBISWorld has determined the most important Key Success Factors for the Skip Bin Rental are:

  • Ability to compete on tender
  • Ability to vary services to suit different needs
  • Ability to pass on cost increases
  • IBISWorld analysts also discuss how external factors such as Demand from construction and Demand from solid waste collection services in the Skip Bin Rental industry impact industry performance..

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    What's in this report

    What is the Skip Bin Rental Industry?

    Industry companies rent skip bins to residential and commercial customers with large waste disposal requirements. Skip bin rental companies typically deliver skip bins to clients and then pick them up at a specified date, or when the bins are full.

    Industry Products
  • Walk-in skip bins
  • Small skips and marrell bins
  • Mobile skips and skip bags
  • Other bins and waste services
  • Industry Activities
  • Skip bin rental services
  • Skip bin delivery and removal services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from construction
  • Demand from solid waste collection services
  • Demand from manufacturing
  • Demand from retail trade
  • Number of housing transfers

  • Current Performance
  • Profit strengthens
  • Discounting and competition
  • Recycling
  • Demand from key markets
  • Chart: Revenue Growth

  • Industry Outlook
  • Competition remains intense
  • Growth opportunities
  • Table: Skip Bin Rental Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Skip Bin Rental Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Construction
  • Retail Trade
  • Consumers

  • Key Selling Industries
  • Commercial Vehicle Wholesaling
  • Metal Drum, Can and Bin Manufacturing

  • Products & Services
  • Walk-in skip bins
  • Small skips and marrell bins
  • Mobile skips and skip bags
  • Other bins and waste services
  • Chart: Skip Bin Rental Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Construction companies
  • Households
  • Retailers and other commercial operators
  • Manufacturers
  • Chart: Major Market Segmentation for the Skip Bin Rental Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Skip Bin Rental

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Skip Bin Rental Industry

  • Industry Globalization
    Suez Recycling & Recovery Holdings Pty Limited, Bingo Industries Limited, Cleanaway Waste Management Limited, Veolia Environmental Services (Australia) Pty Ltd, J. J. Richards & Sons Pty Ltd,
  • Table: Suez Recycling & Recovery Holdings Pty Limited - financial performance
  • Table: Bingo Industries Limited - financial performance
  • Table: Cleanaway Waste Management Limited - financial performance
  • Table: Veolia Environmental Services (Australia) Pty Ltd - financial performance
  • Table: J. J. Richards & Sons Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Skip Bin Rental Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Skip Bin Rental Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Hooklift Bins
  • These skips are mainly used for commercial purposes. Hooklift bins are rectangular, generally provide vehicle access and typically range from four to 30 cubic metres in size.
  • Marrell Bins
  • Marrell bins range from two to 17 cubic metres. They have high sides and are shorter in length. These are used by households and for commercial jobs.
  • Roll-On, Roll-Off Bins (Roro)
  • Roll-on, roll-off bins are large metal bins that can be winched on and off a trailer vehicle. These bins are typically used for large volumes of waste.
  • Skip Bins
  • Large bins that are delivered on a short-term or long-term basis to households, businesses and construction companies to collect large waste loads.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Skip Bin Rental market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Skip Bin Rental:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Skip Bin Rental market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Skip Bin Rental, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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