Septic, Drain & Sewer Cleaning Services in the US - Industry Market Research Report

Septic, Drain & Sewer Cleaning Services in the US - Industry Market Research Report

  • March 2020 •
  • 31 pages •
  • Report ID: 5679215 •
  • Format: PDF
Feeling flushed: Slowed construction activity and government investment is expected to hinder industry growth

Abstract

Septic, Drain & Sewer Cleaning Services
Over the five years to 2018, Septic, Drain and Sewer Cleaning Services industry operators have benefited significantly from broad economic improvements.During the period, favorable lending conditions gave way to increased construction activity, which swelled the pool of potential clients for industry operators. As the number of households and nonresidential structures increased over the five years to 2018, industry operators experienced increased demand for industry services. Over the five years to 2023, industry revenue is expected to grow at a much more subdued rate compared with the previous five-year period. As both construction activity and local and state government investment slow down over the next five years, industry operators will focus on organic growth more than the previous five-year period. While demand for industry services is relatively stable, operators will not rely on downstream construction activities for future growth opportunities.

This industry provides sewer cleaning services to municipalities, private landowners and industrial and commercial clients. Companies specialize in pipe cleaning and removing obstructions and hardened deposits from sewers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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