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Industry Data & Market Research
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2020 U.S. Industry Statistics & Market Research - Personal & Laundry Services


Market Size & Industry Statistics

The total U.S. industry market size for Personal & Laundry Services: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Personal & Laundry Services market size 2020
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2014        2015        2016        2017        2018        2019
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year / six-year demand forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2020 2021 2022 2023 2024 2025
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Personal & Laundry Services industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Maintenance And Repair - Garments

Cremation Services For Human Remains

Hair Care Services

Nail Care Services

Skin Care Services

Hair Removal Services

Massage Services

Tattoo And Body Modification Services

Other Beauty And Personal Care Services

Weight Loss Services

Coin-Operated Laundry And Drycleaning Operations

Dry Cleaning Services (Include Household Textiles.)

Commercial Laundry Services

Retail Laundry And Dry Cleaning Services (Include Drop-Off And Pick-Up Services.)

Rental Of Uniforms, Linens, And Other Textiles

Pre-Burial Services For Human Remains

Interment Of Human Remains

Graves, Plots, And Other Spaces For Human Remains

Cemetery Maintenance Services

Resale Of Funeral Goods

Packaged Funeral Services For The Preparation And Disposition Of Human Remains

Laundry And Dry-Cleaning Agency Services

Digital Photo And Photofinishing Services

Dating Services

Social Event Planning And Coordination Services

Operation Of Coin-Operated Machines

Other Laundry Services

Off-Street Parking Services

Valet Parking Services

Management Fees For The Operation Of Parking Facilities

Other Personal Services

Operation Of Coin-Operated Telephone Services

Pet Care Services

Rental Of Non-Residential Space In Buildings Or Other Facilities

Resale Of Merchandise

All Other Receipts



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Personal & Laundry Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Personal & Laundry Services industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Personal & Laundry Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 2%

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Chief Executives0%
General and Operations Managers1%
Other Management Occupations 6%
Funeral Service Managers 6%
Funeral Service Managers 6%
Healthcare Support Occupations 8%
Other Healthcare Support Occupations 8%
Massage Therapists 7%
Massage Therapists 7%
Building and Grounds Cleaning and Maintenance Occupations 13%
Grounds Maintenance Workers 10%
Grounds Maintenance Workers 10%
Landscaping and Groundskeeping Workers 10%
Personal Care and Service Occupations 47%
Animal Care and Service Workers 6%
Nonfarm Animal Caretakers 6%
Nonfarm Animal Caretakers 6%
Funeral Service Workers 47%
Funeral Attendants 25%
Funeral Attendants 25%
Morticians, Undertakers, and Funeral Directors 18%
Morticians, Undertakers, and Funeral Directors 18%
Personal Appearance Workers 33%
Barbers, Hairdressers, Hairstylists and Cosmetologists 23%
Hairdressers, Hairstylists, and Cosmetologists 22%
Miscellaneous Personal Appearance Workers 10%
Manicurists and Pedicurists 7%
Sales and Related Occupations 8%
Retail Sales Workers 6%
Counter and Rental Clerks and Parts Salespersons 13%
Counter and Rental Clerks 13%
Office and Administrative Support Occupations 11%
Information and Record Clerks 6%
Receptionists and Information Clerks 5%
Receptionists and Information Clerks 5%
Secretaries and Administrative Assistants 8%
Secretaries and Administrative Assistants 8%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 7%
Other Office and Administrative Support Workers 6%
Office Clerks, General 6%
Office Clerks, General 6%
Production Occupations 12%
Textile, Apparel, and Furnishings Workers 10%
Laundry and Dry-Cleaning Workers 8%
Laundry and Dry-Cleaning Workers 8%
Pressers, Textile, Garment, and Related Materials 13%
Pressers, Textile, Garment, and Related Materials 13%
Transportation and Material Moving Occupations 10%
Motor Vehicle Operators 9%
Driver/Sales Workers and Truck Drivers 9%
Driver/Sales Workers 6%
Other Transportation Workers 6%
Parking Lot Attendants 6%
Parking Lot Attendants 6%
Source: Bureau of Labor Statistics


Personal & Laundry Services Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Personal & Laundry Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Personal & Laundry Services industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Personal & Laundry Services industry.
Source:
IncFact




Executive Briefings

  In terms of the Company’s consumer products business, competition is intensifying due to trends towards shorter life cycles for the development, production and marketability of consumer products. Competition is also intensifying due to the availability of online-only distributors, including Amazon.com, which can promote a wide variety of consumer products and represent a wide variety of manufacturers at low cost and limited overhead.   Edison Nation’s competitive set includes other online inventor platforms (e.g., InventHelp, Quirky, Mako Design + Invent, Davison, and Invention City). Each of these companies operate different types of business models that combine different consulting, development and service fees, and royalty structures. The Company’s model differs significantly from others in the inventor space in that it assumes the considerable financial risk, manpower and time required to monetize a product, from concept selection through sale.   The Company also competes with large manufacturing companies who develop and commercialize their own products in categories in which Edison Nation currently participates. However, we also are increasing the Company’s “co-op-etition” footprint with companies, like Black Edison Nation

Government Contracts

In 2019, the federal government spent a total of $888,312,500 on Personal & Laundry Services. It has awarded 3386 contracts to 1066 companies, with an average value of $833,314 per company.   

Most Recent Contracts Date Total Award Amount
CINTAS CORPORATION NO. 2
6800 Cintas Blvd
Mason, OH
Dec 24, 2019$63,232
GIBSON, RON
701 Oak Street
Roseville, CA
Dec 24, 2019$2,727
NO FUSS SVC
8145 W Mission Ln
Peoria, AZ
Dec 23, 2019$58,906
G&Y, LLC
259 Muddy Branch Rd
Gaithersburg, MD
Dec 23, 2019$23,750
U.S. LINEN & UNIFORM, INC.
1106 Harding St
Richland, WA
Dec 23, 2019$10,481
DOMESTIC AWARDEES (UNDISCLOSED)
1800 F St Nw
Washington, DC
Dec 23, 2019$221,433




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