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Industrial Laundry & Linen Supply in the US - Industry Market Research Report

Publisher IBISWorld
Published Dec 01, 2024
Length 82 Pages
SKU # IBSS19493628

Description

Industrial Laundry & Linen Supply in the US - Industry Market Research Report


Industrial Laundry & Linen Supply in the US

Economic performance and consumer spending are two major factors that drive growth for industrial launderers and linen suppliers. Strong economic growth has benefited industrial launderers over the past five years, translating into a greater consumption of goods and services by consumers. As an industry that serves an array of diverse companies, higher rates of consumption create a greater need for laundry services and linen supply overall. The onset of COVID-19 quickly reversed growth as key markets operated at a fraction of what they were prior, but diverse end markets mitigated a more substantial decline. Demand has since recouped, specifically within large markets such as healthcare, leading revenue to expand at a CAGR of 2.8% to $20.1 billion over the past five years. Though as the initial benefit of pent-up demand tapers off, growth in 2023 is more moderate, increasing 1.2% by year-end.

Companies in this industry supply laundered items, such as uniforms, gowns, coats, table linens, bed linens, towels, cleanroom apparel and treated mops, to various industries. These items are provided on a rental or contract basis. Typical clients include industrial, healthcare, food service and hospitality establishments.

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.

Table of Contents

82 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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