2024 Personal & Laundry Services Industry Statistics Report

Personal & Laundry Services - Market Size and Industry Forecast

The 2024 Personal and Laundry Services Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Personal & Laundry Services industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Personal & Laundry Services - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Personal & Laundry Services companies in the United States.

Personal & Laundry Services Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesPersonal & Laundry Services
Small Business (< 5 Employees)


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

Personal & Laundry Services - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


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

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Personal & Laundry Services - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Personal & Laundry Services - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Hair care services
Rental of uniforms, linens, and other textiles
Parking services
Pre-burial services for human remains
Dry cleaning services
Resale of funeral goods
All other operating receipts
Resale of merchandise
Coin-operated laundry & drycleaning

Personal & Laundry Services - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations2%


Chief Executives0%
General and Operations Managers1%
Other Management Occupations6%
Funeral Service Managers6%
Funeral Service Managers6%
Healthcare Support Occupations8%
Other Healthcare Support Occupations8%
Massage Therapists7%
Massage Therapists7%
Building and Grounds Cleaning and Maintenance Occupations13%
Grounds Maintenance Workers10%
Grounds Maintenance Workers10%
Landscaping and Groundskeeping Workers10%
Personal Care and Service Occupations47%
Animal Care and Service Workers6%
Nonfarm Animal Caretakers6%
Nonfarm Animal Caretakers6%
Funeral Service Workers47%
Funeral Attendants25%
Funeral Attendants25%
Morticians, Undertakers, and Funeral Directors18%
Morticians, Undertakers, and Funeral Directors18%
Personal Appearance Workers33%
Barbers, Hairdressers, Hairstylists and Cosmetologists23%
Hairdressers, Hairstylists, and Cosmetologists22%
Miscellaneous Personal Appearance Workers10%
Manicurists and Pedicurists7%
Sales and Related Occupations8%
Retail Sales Workers6%
Counter and Rental Clerks and Parts Salespersons13%
Counter and Rental Clerks13%
Office and Administrative Support Occupations11%
Information and Record Clerks6%
Receptionists and Information Clerks5%
Receptionists and Information Clerks5%
Secretaries and Administrative Assistants8%
Secretaries and Administrative Assistants8%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive7%
Other Office and Administrative Support Workers6%
Office Clerks, General6%
Office Clerks, General6%
Production Occupations12%
Textile, Apparel, and Furnishings Workers10%
Laundry and Dry-Cleaning Workers8%
Laundry and Dry-Cleaning Workers8%
Pressers, Textile, Garment, and Related Materials13%
Pressers, Textile, Garment, and Related Materials13%
Transportation and Material Moving Occupations10%
Motor Vehicle Operators9%
Driver/Sales Workers and Truck Drivers9%
Driver/Sales Workers6%
Other Transportation Workers6%
Parking Lot Attendants6%
Parking Lot Attendants6%

Government Contracts

In the past, the federal government spent an annual total of $314,003,453 on the personal & laundry services industry. It has awarded 9,045 contracts to 1,271 companies, with an average value of $247,052 per company.

Personal & Laundry Services and Adjacent Industries - Top Companies

($ Millions)


Personal & Laundry Services Industry Research
GeographyUnited States  
Publication DateJuly 2024
Report FormatPDF Download  PDF

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