Revenue for the industry is expected to increase at a CAGR of 3.9% to $6.6 billion going into 2023, including a rise of 0.8% in 2023 alone. Demand for carpet cleaning services has improved over this period as growth in household formation rates has expanded the available client base for industry operators and rising per capita disposable income has enabled consumers to purchase cleaning services. Additionally, from 2017 to 2020, declining office vacancy rates, increasing nonresidential construction activity and growth in the number of businesses have broadened operators' potential client base in the business sector, as more office and retail space naturally increased demand for commercial carpet cleaning services. The Carpet Cleaning industry includes establishments that clean rugs, carpets and upholstery for residential and commercial clients. Companies in the industry also provide a range of other services including dyeing used rugs, damage restoration services, ventilation duct cleaning and other cleaning services. 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.Swept away: The continued adoption of carpeting alternatives will mitigate industry demand
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:
- Stanley Steemer International, Inc.
- Blackman Mooring Services Ltd.
Methodology
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