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        Janitorial & Carpet Cleaning Services Industry Profile

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        Excerpt from Janitorial & Carpet Cleaning Services Industry Profile

        Companies in this industry clean building interiors, windows, carpets, and upholstery. Major US companies include divisions of companies such as ABM Industries, Coverall North America, Jani-King, Stanley Steemer, and Terminix; major companies based outside the US include divisions of Aeon Delight (Japan), Consorzio Nazionale Servizi (Italy), ISS World Services (Denmark), Mitie Group (UK), and Wisag (Germany).

        The global cleaning services market is expected to reach about $90 billion by 2025, growing at a compound annual growth rate (CAGR) of about 6%, according to Beroe Inc. The US, UK, Australia, Germany, France, Spain, and New Zealand are some of the high market maturity regions. Medium market maturity regions include the UAE, Saudi Arabia, Qatar, Singapore, Canada, and Eastern Europe.

        The US janitorial services and carpet cleaning industry consists of about 60,300 janitorial establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $50 billion and about 7,500 carpet and upholstery cleaning establishments with combined annual revenue of about $3 billion.

        COMPETITIVE LANDSCAPE

        Commercial real estate occupancy drives demand for cleaning services. The profitability of individual companies depends on good marketing. Large companies have an advantage in serving customers with multiple locations. Small companies can compete effectively in local markets, especially for small business and residential customers.

        The US janitorial services industry is fragmented: the 50 largest companies generate about 30% of revenue. The US carpet cleaning industry is highly fragmented: ...

         
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