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2024 U.S. Industry Statistics & Market Forecast - Janitorial Services
Market Size & Industry Statistics
The total U.S. industry market size for Janitorial 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.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| 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 forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Janitorial Services industry include:- Increased demand for green cleaning products and services
- Adoption of advanced cleaning technologies like autonomous robots and AI
- Heightened focus on sanitation and hygiene due to health concerns
- Expansion into specialized cleaning services (e.g., healthcare facilities, industrial cleanrooms)
- Growing preference for bundled services and facility management solutions
- Rising labor costs and challenges in workforce management
- Implementation of Internet of Things (IoT) for smarter resource management and efficiency
- Shift towards more flexible and scalable service contracts
- Stricter environmental regulations and certification standards
- Growing market for disinfection services amidst health crises
- Integration of customer service platforms and mobile apps for better client interaction and service delivery
- Pressure to reduce water usage and chemical waste in cleaning operations
- Increased outsourcing by companies to reduce operational costs
- Impact of global economic fluctuations on service demand
Product & Services Breakdown
Research products and services in the Janitorial Services industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Residential Interior Cleaning Services |
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Commercial Cleaning Services |
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Janitorial And Custodial Services |
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Hotel And Hospitality Industry Housekeeping Services |
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General Cleaning Services For Public And Private Offices |
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General Cleaning Services For Hospitals And Doctors' Offices |
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Other Commercial Or Industrial Cleaning |
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Exterior Window Cleaning Services |
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Building Exterior Cleaning Services |
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Damage Restoration Cleaning Services |
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Hard Surface Floor Care Services |
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Carpet, Rug, And Upholstery Cleaning Services |
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Carpet, Rug, And Upholstery Cleaning - On-Site, Including Curtains And Drapes - Residential |
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Carpet, Rug, And Upholstery Cleaning - On-Site, Including Curtains And Drapes - Commercial |
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Other Cleaning Services For Buildings And Dwellings |
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Other Cleaning Services |
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Commercial Landscaping Services |
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Commercial - Exterior Landscaping Services - Grass Cutting And Grooming Services |
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Resale Of Merchandise |
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All Other Receipts |
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All Other Operating Receipts |
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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 |
|
| 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 Janitorial Services 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 Janitorial 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 Janitorial Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
|
| 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. |
|
| 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 | 4% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 3% | |||
| Building and Grounds Cleaning and Maintenance Occupations | 80% | |||
| Supervisors of Building and Grounds Cleaning and Maintenance Workers | 7% | |||
| First-Line Supervisors of Building and Grounds Cleaning and Maintenance Workers | 7% | |||
| Building Cleaning and Pest Control Workers | 46% | |||
| Building Cleaning Workers | 42% | |||
| Janitors and Cleaners, Except Maids and Housekeeping Cleaners | 38% | |||
| Grounds Maintenance Workers | 28% | |||
| Grounds Maintenance Workers | 28% | |||
| Landscaping and Groundskeeping Workers | 25% | |||
| Office and Administrative Support Occupations | 6% | |||
Janitorial Services Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Janitorial 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 Janitorial 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 Janitorial Services industry. |
Source:
Innovation News
- Mar 28, 2024: Blue Box Air patents Method And System For Automated Cleaning Of Filter Wall For Hvac Systems
- Feb 29, 2024: Blue Box Air patents Closed Loop, Modular And Self-cleaning Hvac System
- Jan 11, 2024: Pegasus Building Services trademarks "OS1" - Training and providing courses of instruction in the field of janitorial services, maintenance services and safety procedures; providing a standardized supervised training program to train janitorial and maintenance staff for certification in the field of janitorial services
- Jan 11, 2024: Pegasus Building Services trademarks "PEGASUS OS1" - Training and providing courses of instruction in the field of janitorial services, maintenance services and safety procedures; providing a standardized supervised training program to train janitorial and maintenance staff for certification in the field of janitorial services
- Dec 29, 2023: Summit Building Services trademarks "S, SUMMIT BUILDING SERVICES" - Building maintenance; Building maintenance and repair; Building maintenance and repair of buildings; Building maintenance and repairs; Building repair and maintenance; Cleaning of building exterior surfaces; Cleaning of building interior surfaces; Cleaning of building interior surfaces for reducing the spread of viruses and microorganisms; Cleaning of buildings; Cleaning of carpets; Cleaning of commercial premises; Cleaning of exterior surfaces of buildings; Cleaning of exterior surfaces of buildings and providing information relating thereto; Cleaning of exterior surfaces of buildings and provision of information relating thereto; Cleaning of external surfaces of buildings; Cleaning of facades; Cleaning of floor surfaces; Cleaning of industrial premises; Cleaning of office buildings and commercial premises; Handyman service
- Oct 12, 2023: Valet Livingllc patents Method Of Providing Client Service
- Feb 14, 2020: Mint Apartment Cleaning raises $4 million in funding.
- Nov 02, 2018: Mint Apartment Cleaning raises $2 million in funding.
- Mar 08, 2018: DTK Facility Services raises $3 million in funding.
Recent Federal Contracts for Janitorial Services
- Apr 02, 2024: CHIMES DISTRICT OF COLUMBIA, INC. (Baltimore, MD) awarded $20,052,478
- Apr 02, 2024: AHTNA GLOBAL, LLC (Anchorage, AK) awarded $1,403,586
- Apr 02, 2024: BMS LLC (Minden, LA) awarded $6,665
- Apr 02, 2024: SAFRO CORP. (Williamsburg, VA) awarded $137,519
- Apr 02, 2024: FORTAZO CORP. (Davie, FL) awarded $68,968
- Apr 02, 2024: WAGNER ENTERPRISE L.L.C. (Mancos, CO) awarded $181,200
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