The Business Liquidation Services industry has two primary functions: selling the assets of distressed companies and selling excess inventory. As its revenue depends on the failure of other businesses, the industry is countercyclical in nature. A large portion of industry demand is driven by construction companies, retailers, wholesalers and manufacturers, some of which use industry services for liquidating stock, others for insolvency purposes. Industry revenue grew in the early part of the past five years, when many retail, wholesale and manufacturing businesses struggled to make a profit.
Firms in this industry offer liquidation services to businesses. Operators generate revenue as a commission on the sale of stock and fixed assets. The industry excludes wholesalers that take inventory risk and the sale of items consigned by or on behalf of private individuals. The industry also excludes operators that operate through third-party online platforms.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.