Drycleaning & Laundry Services - 2013 Market Research Report


This comprehensive industry analysis provides invaluable insight into the Drycleaning & Laundry Services sector. The report assesses the industry's performance based on thorough analysis of market data. It includes a five year industry outlook, market share figures for each state, an overview of industry trends, and key financial ratios and statistics.

Benefits & Features

  • Six years of data on the Drycleaning & Laundry Services industry market size, growth rate, and industry trends.
  • Drycleaning & Laundry Services industry outlook - five years of market projections (2012-2017) calculated by our econometric algorithms.
  • Regional market share analysis, number of companies, and total employees broken down by US state.
  • Revenue, profit, expenses, wages, and other key financial ratios for an average company.
  • A list of the top competing industry players and their profits.

Industry Report Contents




Drycleaning & Laundry Services Industry Market Size


Every market analysis contains a market size figure. Market size is the total annual revenue of all firms in the industry, accrued from the sales of goods or services. What is market size good for? An industry's market size can be compared to the market's forecasted revenue to identify opportunity for growth and expansion. Opportunities can be pursued with marketing or innovation.

Total market size is also used in a market share analysis to compare a company to its competitors. The entire market is divided into segments based on company size. The market share for small, midsize, and large businesses as a percentage of total market size reveals the market's fragmentation.

In addition to the Drycleaning & Laundry Services market size in 2012, this industry analysis provides historical data for the previous five years. These market trends can be used to track the market's growth and decline over time. Variations in the market can reflect activity of competitors, fluctuations in demand, or overarching economic conditions.


Metrics 2007 2008 2009 2010 2011 2012
Market Size ($ billions)
Number of Firms
Total Employees
Average Revenue per Firm ($ thousands)
Average Employees per Firm

Drycleaning & Laundry Services market size

Market size data aggregated from government sources.



Drycleaning & Laundry Services Industry Outlook


No one can predict the future, but calculations based on advanced algorithms are the next best thing. Industries evolve. Markets grow and shrink over time. Predicting these changes is key to being prepared for potential competition.

A firm can use forecast statistics to determine an appropriate expansion rate that will maintain its market share as the industry expands. If a firm doesn't keep up with competition, it can easily create market gaps that invite rivalry.

Drycleaning & Laundry Services industry outlook


This Drycleaning & Laundry Services industry profile features five years of projections of the Drycleaning & Laundry Services industry's growth rate. Calculations account for both short and long term industry trends.

Industry Outlook 2012 2013 2014 2015 2016 2017
Forecast ($ billions) industry outlook
% Growth Rate

Regional Market Size


Geographic analysis by US state of industry statistics: market share revenue, number of companies, and number of employees. Pinpoint the most profitable areas in the country with this industry market research.

market share



Market Size ($ millions) 2007 2008 2009 2010 2011 2012
New York

market share analysis

Market size for each state provided.

California
Texas
Pennsylvania
Massachusetts
...

Drycleaning & Laundry Services Key Financial Ratios


Evaluate any Drycleaning & Laundry Services company's financial performance with financial ratio analysis. This income statement provides a snapshot of an average company's operating expenses. Key financial ratios from income statements and balance-sheet data can be used to compare a company to its competitors.

Industry Average Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest & Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Income statement pie graph



Products & Services


This list of products and services is useful for targeting the most profitable investments.

Description Revenue ($ millions)
Industry Total
Maint & Repair - Footwear & Leather Goods
Maint & Repair - Garment Allteration
Garment & Textile Restoration & Repair Services
Coin-Operated Laundry & Drycleaning
Coin-Operated Laundry & Drycleaning - Washer Services
Coin-Operated Laundry & Drycleaning - Dryer Services
Coin-Op Laundry/Drycleaning - Dry Cleaning Machine Services
Dry Cleaning Services
Commercial Laundry Services

Employee Wages


Determine workforce distribution annual salary brackets for employees in the average Drycleaning & Laundry Services company.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 2%

Locked

Salary data provided in research report.

Chief Executives0%
General and Operations Managers1%
Sales and Related Occupations 20%
Counter and Rental Clerks 14%
Production Occupations 58%
Laundry and Dry-Cleaning Workers 35%
Pressers, Textile, Garment, and Related Materials 15%
Transportation and Material Moving Occupations 11%
Driver/Sales Workers 6%

Government Contracts


In 2008, the federal government spent a total of $97,995,323 on this industry. It has awarded 3,268 contracts to 650 companies, with an average value of $150,762 per company.


Major Competitors


Benchmark your company's performance against key competitors in the Drycleaning & Laundry Services's competitive landscape. These company revenues provide realistic market share goals for your business to achieve. Companies in related sectors can be either potential partners or clients.

CompanyAddressRevenue ($ millions)

Drycleaning & Laundry Services industry research report

Company list provided in industry research report.


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Updated May 2013
Geography United States  
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