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.
|Market Size ($ billions)|
|Number of Firms|
|Average Revenue per Firm ($ thousands)|
|Average Employees per Firm|
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.
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.
|Forecast ($ billions)|
|% 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 Size ($ millions)||2007||2008||2009||2010||2011||2012|
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|
|Cost of Goods Sold (COGS)|
|Earnings Before Interest & Taxes (EBIT)|
|Earnings Before Taxes|
Products & Services
This list of products and services is useful for targeting the most profitable investments.
|Description||Revenue ($ millions)|
|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|
Determine workforce distribution annual salary brackets for employees in the average Drycleaning & Laundry Services company.
|Title||Percent of Workforce||Bottom Quartile||Average (Median) Salary||Upper Quartile|
|General and Operations Managers||1%|
|Sales and Related Occupations||20%|
|Counter and Rental Clerks||14%|
|Laundry and Dry-Cleaning Workers||35%|
|Pressers, Textile, Garment, and Related Materials||15%|
|Transportation and Material Moving Occupations||11%|
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 $150,762 per company.
Benchmark your company's performance against key competitors in the Drycleaning & Laundry Services's competitive landscape. These company revenues provide realistic market share goals for your business to achieve. Companies in related sectors can be either potential partners or clients.
|Company||Address||Revenue ($ millions)|
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