2014 Industry Research Report for Drycleaning & Laundry Services

Market Size – Drycleaning & Laundry Services

Historic Drycleaning & Laundry Services market statistics clearly reveal your industry's trends and growth patterns. An expanding industry volume will offer businesses with more opportunities. A contracting market will require competitive strategies. The total Drycleaning & Laundry Services industry statistics in your market research report account for sales from all companies, both public and private. Statistics are aggregated from multiple government sources.

Market Size Graph


Industry Statistics 2008 2009 2010 2011 2012 2013
Market Size ($ millions)

Included in report

Number of Firms
Total Employees
Average Revenue per Firm ($ thousands)
Average Employees per Firm

Industry Forecast – Drycleaning & Laundry Services

You can't make the right business decisions without proper preparation. This Drycleaning & Laundry Services report includes a five-year market forecast. The forecasts are produced by advanced algorithms, which factor in both long-term and short-term growth trends.

Forecast Graph


Industry Forecast 2014 2015 2016 2017 2018
Market Size ($ millions)

Included

% Growth Rate

United States Geographic Market Distribution

Seven years of market data on total revenue, number of firms, and employees for North America.

US Map

Distribution by Company Size

The following analysis shows the market share (revenue) broken down by company size. Use this information to determine the fragmentation of the industry compared to the overall economy.

Company SizeAll IndustriesDrycleaning & Laundry Services
Small Business (< 5 employees)

Included

Small Business (5-20)
Midsized Business (20-100)
Large Business (100-500)
Enterprise (> 500)

Income Statement (Industry Average)

This Drycleaning & Laundry Services industry analysis includes average financial metrics for a typical company's income statement. Income statement metrics include total revenue, an operating expenses breakdown, and net profit.

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Income Statement Graph


Financial Ratio Analysis – Drycleaning & Laundry Services

Key financial ratios from income statement and balance sheet statistics can be used to compare a company's performance to its competitors in the industry.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin - Profit margin, net profit as a percentage of revenue, is the 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.
Liquidity Ratios
Current Ratio - The current or working capital ratio indicates whether or not a company can pay its debts for the year.
Quick Ratio - The quick or liquid ratio measures how well a company can use on-hand assets to pay off its liabilities.
Activity Ratios
Average Collection Period - The collection period is how long it takes a company to collect its debts.
Asset Turnover Ratio - Asset turnover is how efficiently a company uses its assets to generate income.
Receivables Turnover Ratio - Receivables turnover is how effective a company is in collecting debts.
Inventory Conversion Ratio - Inventory conversion is how quickly inventory is turned over in one year.

Products and Services

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

Description Revenue
($ millions)
Industry Total

Locked

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

Compensation and Salary Surveys

National Drycleaning & Laundry Services employment and wage statistics reveal workforce distribution and annual salary brackets for an average company in the industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 2%

Included

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 the Drycleaning & Laundry Services industry. It has awarded 3,268 contracts to 650 companies, with an average value of $150,762 per company.

Top Companies in Drycleaning & Laundry Services and Adjacent Industries

Drycleaning & Laundry Services company data include company ticker symbols, addresses, and annual revenue estimates.

CompanyAddress Revenue
($ millions)
IRON HORSE SAFETY SPECIALTIES, INC.

Included

G&K SERVICES, INC.
MAC-GRAY CORPORATION
Etc.




Related Industry Reports

Laundromats and Drycleaners
Drycleaning and Laundry Services
Coin-Operated Laundromats
Drycleaners & Drycleaning Services
Linen and Uniform Supply
Linen and Uniform Rental
Linen Supply
Uniform Supply
Industrial Launderers