Cleaning & Maintenance Management Online

Thursday's Ask the Experts: Market outlook

August 25, 2011

Thursday''s Ask the Experts question from a cleaning professional on the International Custodial Advisors Network (ICAN) "Ask the Experts" page: I am researching growth, trends and the employment outlook for the carpet cleaning industry. I want to know how fast it''s growing or shrinking and what is the forecast for the future? Any resources you can provide would be appreciated.

The answer:

40,000 plus carpet cleaning companies comprise a fragmented but steady growth $5.3 billion industry. Rising prices for gas, insurance, labor, chemicals and equipment continue to squeeze profits. This segment of the industry grew at five percent in 2005 and 2006, with a four perecent growth through 2010. The top 10 franchises ... — Bill Griffin, president of Cleaning Consultants

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