	Standard Report	Premium Report
Current State of the Industry
Market Size (industry trends)
Market Forecast (5-year projection)
Products/Services Breakdown
Revenue per State
Financial Metrics
Salary & Compensation Statistics
Public Company Information
Key Private Companies
Government Vendors
Instant Download - Available immediately upon purchase
Download both PDF and Excel

Download now:

2024 U.S. Industry Statistics & Market Forecast - Personal and Laundry Services

Published: December 2024

Market Size & Industry Statistics

The total U.S. industry market size for Personal and 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.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

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

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 forecast projects both short-term and long-term trends.

Forecast / Industry Outlook	2024	2025	2026	2027	2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)

Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Personal and Laundry Services industry include:

Increasing demand for eco-friendly and organic cleaning products
Rise in mobile and app-based service platforms
Growing preference for subscription-based and on-demand services
Increased outsourcing of laundry services by businesses
Expanding services to include pet cleaning and grooming
Volatile chemical prices affecting service costs
Shift towards non-toxic and hypoallergenic laundry products
Growing focus on automation and self-service facilities
Adoption of water and energy efficient technologies
Enhanced focus on hygiene and sanitation due to health awareness trends
Aging population increasing demand for personal care services
Integration of IoT for smarter service management and customer interaction
Heightened competition with on-demand home service providers
Increased consumer expectation for faster, high-quality service deliveries
Regulatory changes affecting labor costs and operational guidelines

Product & Services Breakdown

Research products and services in the Personal and Laundry 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
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 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

Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Personal and Laundry 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 Personal and 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 and Laundry 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.
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.
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.

Title	Percent of Workforce	Bottom Quartile
Management Occupations	5%	Order at top of page
Chief Executives	0%
General and Operations Managers	3%
Other Management Occupations	10%
Personal Service Managers	10%
Funeral Home Managers	10%
Healthcare Support Occupations	7%
Other Healthcare Support Occupations	6%
Massage Therapists	6%
Massage Therapists	6%
Building and Grounds Cleaning and Maintenance Occupations	12%
Grounds Maintenance Workers	9%
Grounds Maintenance Workers	9%
Landscaping and Groundskeeping Workers	9%
Personal Care and Service Occupations	50%
Animal Care and Service Workers	9%
Animal Caretakers	9%
Animal Caretakers	9%
Funeral Service Workers	46%
Funeral Attendants	24%
Funeral Attendants	24%
Morticians, Undertakers, and Funeral Arrangers	17%
Morticians, Undertakers, and Funeral Arrangers	17%
Personal Appearance Workers	32%
Barbers, Hairdressers, Hairstylists and Cosmetologists	19%
Hairdressers, Hairstylists, and Cosmetologists	18%
Miscellaneous Personal Appearance Workers	13%
Manicurists and Pedicurists	9%
Skincare Specialists	6%
Sales and Related Occupations	14%
Retail Sales Workers	10%
Counter and Rental Clerks and Parts Salespersons	8%
Counter and Rental Clerks	8%
Office and Administrative Support Occupations	12%
Information and Record Clerks	7%
Receptionists and Information Clerks	6%
Receptionists and Information Clerks	6%
Secretaries and Administrative Assistants	6%
Secretaries and Administrative Assistants	6%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive	5%
Other Office and Administrative Support Workers	7%
Office Clerks, General	7%
Office Clerks, General	7%
Production Occupations	9%
Textile, Apparel, and Furnishings Workers	8%
Laundry and Dry-Cleaning Workers	6%
Laundry and Dry-Cleaning Workers	6%
Pressers, Textile, Garment, and Related Materials	11%
Pressers, Textile, Garment, and Related Materials	11%
Transportation and Material Moving Occupations	8%
Motor Vehicle Operators	11%
Driver/Sales Workers and Truck Drivers	11%
Driver/Sales Workers	8%
Other Transportation Workers	15%
Parking Attendants	15%
Parking Attendants	15%

Source: Bureau of Labor Statistics

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

The most influential companies in the Personal and 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 and 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 and Laundry Services industry.

Source:

Innovation News

Jun 13, 2024: Fitbit patents Wearable Computing Device Having A Multi-band Slot Antenna And A Grounded Parasitic Element
Jun 13, 2024: Integrity Implants patents Asymmetrically Expandable Cage
Jun 13, 2024: Integrity Implants patents Surgical Guidance Device
May 28, 2024: Excision Medical raises $3 million in funding.
May 28, 2024: Excision Medical raises $2 million in funding.
May 17, 2024: Foresee Medical raises $5 million in funding.
Jan 31, 2024: Ministrysafe trademarks "PROTECTING VULNERABLE ADULTS" - Educational services
Jan 30, 2024: Set Active trademarks "AIRLUXE" - Fabric sold as an integral component of finished clothing items
Jan 29, 2024: Set Active trademarks "SET" - Athletic bags; Leisure bags; Overnight bags

Recent Federal Contracts for Personal and Laundry Services

Apr 02, 2024: FILL HOLDINGS LLC (Woodbridge, VA) awarded $2,122
Apr 02, 2024: AMERICAN LINEN SUPPLY OF NEW MEXICO INC (Las Cruces, NM) awarded $14,617
Apr 02, 2024: B&H PW, LLC (Oneonta, AL) awarded $2,390,487
Apr 02, 2024: SCHAIBLE, MARK (Larkspur, CO) awarded $7,567
Apr 02, 2024: HOP ENERGY HOLDINGS, INC. (Port Chester, NY) awarded $22,584
Apr 02, 2024: COLONIAL PARKING, INC. (Washington, DC) awarded $44,186