Industrial Laundry & Linen Supply in the US - Industry Market Research Report

Industrial Laundry & Linen Supply in the US - Industry Market Research Report

  • October 2020 •
  • 55 pages •
  • Report ID: 199213 •
  • Format: PDF
Out to dry: Increased employment in downstream sectors will likely increase demand for uniforms

Abstract

Industrial Laundry & Linen Supply in the US
The Industrial Laundry and Linen Supply industry comprises operators that rent out and launder various linens, garments and work uniforms to the general manufacturing, retail and hospitality sectors, all of which have performed well over the five years to 2019. Since rental uniforms are purchased primarily by blue-collar workers in industries with high employee turnover, industry performance is closely linked to the labor market. Over the past five years, the unemployment rate has declined considerably. Furthermore, as more US citizens returned to work, higher demand for work uniforms and other linens boosted industry sales. The world price of cotton, a key industry input, decline over the past five years, benefiting industry operators. Overall, industry revenue is anticipated to increase during the current period. Driven by similar economic factors and trends, the industry is expected to continue growing over the five years to 2024, albeit at a slower rate. This growth will likely be driven primarily by the four largest uniform rental companies.

Companies in this industry supply laundered items, such as uniforms, gowns, coats, table linens, bed linens, towels, cleanroom apparel and treated mops, to various industries. These items are provided on a rental or contract basis. Typical clients include industrial, healthcare, food service and hospitality establishments.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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