This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Extra starch: Rising environmental standards will give way to more sustainable practices
Economic performance and consumer spending are two major factors that drive growth for industrial launderers and linen suppliers. Strong economic growth has benefited industrial launderers over the past five years, translating into a greater consumption of goods and services by consumers. As an industry that serves an array of diverse companies, higher rates of consumption create a greater need for laundry services and linen supply overall. The onset of COVID-19 quickly reversed growth as key markets operated at a fraction of what they were prior, but diverse end markets mitigated a more substantial decline. Demand has since recouped, specifically within large markets such as healthcare, leading revenue to expand at a CAGR of 2.8% to $20.1 billion over the past five years. Though as the initial benefit of pent-up demand tapers off, growth in 2023 is more moderate, increasing 1.2% by year-end.
Companies in this industry supply laundered items, such as uniforms, gowns, coats, table linens, bed linens, towels, cleanroom apparel and treated mops, to various industries. These items are provided on a rental or contract basis. Typical clients include industrial, healthcare, food service and hospitality establishments.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cintas Corporation
- Unifirst Corporation
- Aramark Corp
- Alsco Inc.
- Prudential Overall Supply Inc.
- ImageFIRST Healthcare Laundry Specialists LLC
- Mission Linen Supply
- Angelica Corporation
- Nixon Uniform Service Inc.
- Morgan Services, Inc.
- ICO Uniforms Inc.
- Barco Uniforms, Inc.
- Careismatic Brands, Inc.
- Braun Linen LLC
- Crown Linen Service, Inc.
- Hanover Uniform Co.
- Augusta Linen Service and Rentals, LLC
- Best Buy Uniforms
- Domestic Linen Supply Company Inc.
Methodology
LOADING...