Janitorial Services in the US - IBISWorld Industry Market Research

Janitorial Services in the US

Janitorial Services in the US - IBISWorld Industry Market Research
Janitorial Services in the US
Published Nov 20, 2014
35 pages — Published Nov 20, 2014
Price US$ 910.00  |  Buy this Report Now

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As the number of companies declined during the recession, demand for janitorial services also fell and significant price-based competition for remaining contracts ensued, causing industry revenue to plummet in 2009. This downward trend has since reversed, as the economic recovery, rising business formation and decline in office rental vacancy rates have helped boost demand for industry services from 2010 onward. Consequently, the Janitorial Services industry will encounter promising conditions over the five years to 2019 due to an expected upswing that will be caused by the recovering economy. Operators will consequently benefit from the anticipated recovery in nonresidential construction and other industries that outsource cleaning activities. In particular, the education, health and medical industries, which outsource the majority of their cleaning requirements, will provide sustained growth for the industry.

Operators in this industry clean building interiors, the inner parts of transportation equipment (e.g. aircraft, railcars and ships) and windows. Industry activities include contract cleaning services for factories, retail outlets, shopping centers and malls, business and government offices, trains and airlines and house-cleaning services.

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.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Janitorial Services in the US" Nov 20, 2014. Alacra Store. Oct 21, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Janitorial-Services-in-the-US-2042-1201>
IBISWorld Industry Market Research. (2014). Janitorial Services in the US Nov 20, 2014. New York, NY: Alacra Store. Retrieved Oct 21, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Janitorial-Services-in-the-US-2042-1201>
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