B2B drives market demand, with B2B spending representing 60.0% of total demand in 2020. Cintas Corp is the largest company in the US, generating 8.6% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 18.7% of total turnover in 2020. The total number of companies decreases in 2020, to 240,553 units. The costs of the industry decrease by 19.4% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 37.3% of turnover in 2020, the eighth highest across the top 20 developed countries. With turnover of USD37.4 billion, the US accounts for 95.7% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Washing and Cleaning in the US: ISIC 9301. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Washing and Cleaning in the US: ISIC 9301 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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