11.03.14
Stringent sanitizing rules within a growing number of assisted-living facilities and nursing homes, as well as in acute care settings such as hospitals, drive growth of the janitorial cleaning products market in the US; however, the relatively fresh and rapidly growing concept of fast-casual restaurants represent the highest growth, according to data from Kline & Company’s just-published market analysis on janitorial and housekeeping cleaning products in the US.
The top three end-use segments of the janitorial and housekeeping cleaning products market estimated at $4 billion in 2014, together, account for close to 56% of all janitorial cleaning product sales in 2014. Contract cleaners, the leading end-use segment accounting for a little over 30% of the industry total, have increased penetration and revenues, but changes in floor care have affected this leading segment. To cut costs, managers often reduce the frequency of waxing and floor stripping, causing a formerly vibrant floor-care sector to post a flat to modest growth rate.
The top three end-use segments of the janitorial and housekeeping cleaning products market estimated at $4 billion in 2014, together, account for close to 56% of all janitorial cleaning product sales in 2014. Contract cleaners, the leading end-use segment accounting for a little over 30% of the industry total, have increased penetration and revenues, but changes in floor care have affected this leading segment. To cut costs, managers often reduce the frequency of waxing and floor stripping, causing a formerly vibrant floor-care sector to post a flat to modest growth rate.