Thursday's Ask the Experts: Market outlook
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.
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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