Janitorial Services in the US - Industry Market Research Report

IBISWorld
November 20, 2014
35 Pages - SKU: IBSS5411374
Countries covered: United States

Janitorial Services in the US

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.

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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