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2023 U.S. Industry Statistics & Market Forecast - Polish & Sanitation Good Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Polish & Sanitation Good Manufacturing:
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.
| Statistics | 2017 2018 2019 2020 2021 2022 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
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 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| Market Forecast ($ millions) | ||||||
| Projected Industry Growth Rate (%) | ||||||
Industry Insights
The Polish and Sanitation Good Manufacturing industry is a critical sector in the global market. This industry is responsible for the production of chemicals, cleaning products, personal care products, and other household items. The industry is characterized by significant trends that are shaping the sector's future.One key trend in the Polish and Sanitation Good Manufacturing industry is the increasing demand for environmentally-friendly and sustainable products. This demand has been triggered by the growing concern about climate change and the impact of human activities on the environment. Manufacturers are under pressure to develop eco-friendly products and explore new ways to reduce waste and pollution.
Another significant trend is the shift towards digitalization and automation. New technologies such as artificial intelligence, the Internet of Things, and robotics are transforming the manufacturing process. Production lines are becoming more efficient, and quality control is improving as result of these technological advances.
The market is also witnessing an increase in competition, with new players entering the industry and existing ones expanding their product lines. This has led to a need for companies to differentiate themselves and invest more in research and development to maintain their market share.
Finally, there is a growing awareness regarding health and hygiene in the wake of the COVID-19 pandemic. This has resulted in a surge in demand for sanitation and disinfection products, which is expected to continue even post-pandemic. Manufacturers are therefore developing new products to meet this demand and capitalize on this opportunity.
Product & Services Breakdown
Research products and services in the Polish & Sanitation Good Manufacturing industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Sales ($ millions) | Percent of Total Sales | |
|---|---|---|---|
Industry Total |
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Pesticide And Other Agricultural Chemical Manufacturing |
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Household And Institutional Pesticides And Chemicals |
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Soap And Other Detergent Manufacturing |
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Soaps And Detergents, Commercial, Industrial, And Institutional |
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Polish And Other Sanitation Good Manufacturing |
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Household Bleaches (Chlorine And Nonchlorine) |
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Specialty Cleaning And Sanitation Products |
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Polishing Preparations And Related Products |
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Polish And Other Sanitation Good Manufacturing, Not Categorized, Total |
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Total Miscellaneous Receipts |
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Resales - Sales Of Products Bought And Sold Without Further Manufacture, Processing, Or Assembly |
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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.
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 Average | Percent of Sales (Industry Benchmark) | |
|---|---|---|
| Total Revenue | Order at top of page |
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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 | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Polish & Sanitation Good Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry 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 Polish & Sanitation Good Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| 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). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Polish & Sanitation Good Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry 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. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry 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. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| 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. |
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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.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 10% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Business and Financial Operations Occupations | 6% | |||
| Business Operations Specialists | 5% | |||
| Architecture and Engineering Occupations | 6% | |||
| Life, Physical, and Social Science Occupations | 9% | |||
| Office and Administrative Support Occupations | 9% | |||
| Installation, Maintenance, and Repair Occupations | 6% | |||
| Other Installation, Maintenance, and Repair Occupations | 5% | |||
| Production Occupations | 40% | |||
| Other Production Occupations | 30% | |||
| Chemical Processing Machine Setters, Operators, and Tenders | 13% | |||
| Chemical Equipment Operators and Tenders | 12% | |||
| Packaging and Filling Machine Operators and Tenders | 7% | |||
| Packaging and Filling Machine Operators and Tenders | 7% | |||
| Transportation and Material Moving Occupations | 7% | |||
| Material Moving Workers | 5% | |||
Polish & Sanitation Good Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Polish & Sanitation Good Manufacturing 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 Polish & Sanitation Good Manufacturing 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 Polish & Sanitation Good Manufacturing industry. |
Source:
Government Contracts
In 2022, the federal government spent a total of $10,086,467 on Polish & Sanitation Good Manufacturing. It has awarded 2049 contracts to 131 companies, with an average value of $76,996 per company.| Most Recent Contracts | Date | Total Award Amount |
|---|---|---|
| COMPLETE PACKAGING AND SHIPPING SUPPLIES, INC. 1200 Shames Dr Unit A Westbury, NY | Jun 29, 2023 | $1,049 |
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