Drycleaning & Laundry Services: Industry Size, Market Analysis & Forecasts
This premium market research report provides a detailed Drycleaning & Laundry Services industry analysis. Each PDF report contains industry data aggregated from government sources and evaluated by Pell Research's algorithms.
Use this report to determine the Drycleaning & Laundry Services's total U.S. market size. The market data is broken down by state to reveal sales distribution throughout the nation. Annual revenue is provided for an average company in the industry. Current figures as well as five years (2008-2013) of historic industry trends are depicted graphically.
The industry outlook forecasts market sizes and growth rates (2014-2018). Income statement financial analysis reveals total revenue and operating expenses for an average company. Financial ratios can be used to compare a company to the industry average on profitability, liquidity, and efficiency. The top competitors in the Drycleaning & Laundry Services industry are listed with their annual revenues.
Table of Contents - Drycleaning & Laundry Services Industry Report - 81231. Industry Overview
2. Market Size
2.1 Table 1: Industry Statistics, 2008-2013
2.2 Graph 1: Total Revenue, 2008-2013
2.3 Graph 2: Revenue per Company, 2008-2013
3. Industry Forecast
3.1 Table 2: Growth Rates, 2014-2018
3.2 Graph 3: Sales Forecasts, 2014-2018
4. Market Share Distribution by Company Size
5. Products & Services
6. Average Income Statement
6.1 Graph 4: Revenue and Operating Costs
7. Financial Ratio Analysis
7.1 Table 3: Profitability Ratios
7.2 Table 4: Liquidity Ratios
7.3 Table 5: Efficiency Ratios
8. Market Distribution in the U.S.
8.1 Table 6: Market Size, 2007-2013
8.2 Table 7: Companies, 2007-2013
8.3 Table 8: Employees, 2007-2013
9. Compensation and Salary Surveys
10. Company List
11. Government Contracts
The Report Answers These Questions
- What is the total size of the Drycleaning & Laundry Services industry in the United States and what is each state's market share?
- Is the industry growing or shrinking and how rapidly has the market's size been changing?
- Who are the leading competitors and what opportunities does the market offer?
- How is the industry size predicted to change in the next five years?
Reasons to Purchase
- Gain a competitive advantage with the most recent and accurate industry data on the market.
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- Base important business decisions on trusted sources with reliable analysis and authoritative conclusions.
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- Save time and money with a report that answers your questions with detailed industry information.
Drycleaning & Laundry Services Market SizeThe Drycleaning & Laundry Services's market size accounts for total annual revenue from all companies in the industry, both public and private.
A company's market share is impossible to calculate without knowing the industry's total revenue. Market share can be used to evaluate a company's performance against its competitors. Growth in market share relative to the competition indicates success in the Drycleaning & Laundry Services market.
In a market share analysis, 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.
Market Size ($ billions)
This industry report also provides historical data on number of companies and employees for the previous five years. The market's growth and decline over time reveal underlying industry trends. Variations in the market can be a result of activity of competitors, fluctuations in demand, or overarching economic conditions.
|Market Size ($ millions)||$23,234||
|Number of Firms||34,277|
|Average Revenue per Firm |
|Average Employees per Firm||10|
Drycleaning & Laundry Services Industry ForecastNo one can predict the future, but calculations based on advanced algorithms are the next best thing. Industries evolve. Markets grow and shrink over time. Predicting these changes is key to being prepared for potential competition.
A company can use industry forecasts to determine an appropriate expansion rate that will maintain its market share as the market expands. If a firm doesn't keep up with competition, it can easily create market gaps that invite rivalry.
Market Forecast ($ billions)
This market research report features five years of projections of the Drycleaning & Laundry Services industry's growth rate. Calculations account for both short and long term industry trends.
|Market Forecast ($ billions)||
|% Growth Rate|
Geographic Market Size DistributionGeographic analysis by United States 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 by State ($ millions)||2008||2009||2010||2011||2012||2013|
Average Income StatementEvaluate any Drycleaning & Laundry Services company's performance with financial metrics. This income statement provides a snapshot of an average company's operating expenses. Data is collected from all public and private companies in the industry. This data reflects revenue and operating costs.
|Industry Average||Percent of Sales|
|Cost of Goods Sold (COGS)|
|Earnings Before Interest & Taxes (EBIT)|
|Earnings Before Taxes|
Drycleaning & Laundry Services Financial RatiosKey financial ratios from income statements and balance sheets can be used to compare a company to its competitors. This data is crucial for a financial statement analysis. This industry report contains profitability, liquidity, and activity ratios. Profitability ratios are used to measure a firm's ability to generate income. Liquidity ratios reveal how capable a business is to pay off debts. Activity ratios indicate how quickly products and services are sold.
|Financial Ratio||Industry Average|
|Profit Margin - Net profit as a percentage of revenue reflects a company's profitability.|
|Return on Equity - ROE measures a company's efficiency at generating earnings from investments.|
|Return on Assets - ROA measures how well a company's assets generate revenue.|
|Current Ratio - Working Capital Ratio indicates whether a company can pay its debts for the year.|
|Quick Ratio - Liquid ratio measures how well a company can use assets on hand to pay its liabilities.|
|Average Collection Period - Average time for a company to collect debts.|
|Asset Turnover Ratio - How well a company uses its assets to generate income.|
|Receivables Turnover Ratio - Measures a company's effectiveness in collecting debts.|
|Inventory Conversion Ratio - How quickly inventory is turned over in a year.|
Products & ServicesThis list of products and services is useful for targeting the most profitable investments.
|Rental Of Uniforms, Linens, And Other Textiles|
|Dry Cleaning Services|
|Rental Of Textiles - Indus Garments, Except Clean Room "Operations"|
|Coin-Operated Laundry & Drycleaning|
|Rental Of Textiles - Linen Supply Flatwork & Full Dry Linens|
|Coin-Operated Laundry & Drycleaning - Washer Services|
|Commercial Laundry Services|
|Rental Of Textiles - Linen Supply Garments, Inc Gowns, Coats|
|Rental Of Textiles - Indus Mats, Inc Launderable/Unlaunderable|
Employment and Wage InformationDetermine 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%|
Government ContractsIn 2008, the federal government spent a total of $97,995,323 on the Drycleaning & Laundry Services industry. It has awarded 3,268 contracts to 650 companies, with an average value of $150,762 per company.
Company ListBenchmark 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.
|IRON HORSE SAFETY SPECIALTIES, INC.|| |
|G&K SERVICES, INC.|
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