Coming into service
This industry is reaping the benefits of an aging population. As the population ages, there will be greater demand for beauty salon services as consumers seek to reduce the skin's aging process. Additionally, with corporate profits on the rise, businesses are spending more on equipment and supplies and outsourcing laundry services. As a result of these trends, demand for industry products will increase; however, many companies will buy these products directly from manufacturers, hampering overall growth.
Operators sell specialized equipment and supplies used by service establishments (except supplies used in offices, stores, hotels, restaurants, schools, health, medical and photographic facilities). Janitorial supplies include carpet and floor cleaning equipment, carpet sweepers, vacuuming systems, floor sanding equipment and mop wringers. The industry also includes beauty parlor and barbershop products and laundry and dry cleaning products and equipment.
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.