Janitorial & Carpet Cleaning Services Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 3/18/2024
SIC Codes: 7349
NAICS Codes: 56172, 56174
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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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 2027, growing at a compound annual growth rate (CAGR) of about 7%, according to Beroe Inc. North America, Europe, and Australia have the high market maturity regions.

The US janitorial services and carpet cleaning industry consists of about 60,000 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 and the US carpet cleaning industry are fragmented: the 50 largest companies of both industries generate about 30% of revenue and 25%, respectively.

Janitorial services companies compete with entities that provide multi-function facilities management services, which may include including security, maintenance, and ...

 
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