The Residential Cleaning Service Franchises industry has expanded over the past five years to 2017. Industry services are standard practices, with low technological advancements. However, consumer trends leaning toward environmentally-friendly housecleaning products has slightly altered the industry over the past five years. Largely driven by the millennial generation, industry operators advertise the use of energy-efficient vacuums or greener cleaning chemicals. Moreover, the largest market for industry services is the highest quintile income bracket. Over the next five years to 2022, the industry is expected to continue expanding, as the rest of the baby-boomer generation retires and consumers require industry services to help with day-to-day housecleaning activities.
This industry operates franchised residential cleaning service companies. This industry does not include commercial cleaning or janitorial service companies. Reports in our Business Franchise collection focus solely on the operation of franchised outlets and exclude non-franchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. Our reports also highlight the largest franchisors by market share.
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.