Residential Cleaning Service Franchises in the US - Industry Market Research Report

Residential Cleaning Service Franchises in the US - Industry Market Research Report

  • January 2022 •
  • 38 pages •
  • Report ID: 6230582 •
  • Format: PDF
Turned down service: The industry will benefit from an increasing number of employed adults with high incomes

Abstract

Residential Cleaning Service Franchises
The Residential Cleaning Service Franchises industry has expanded over the five years to 2019. The industry is affected by changes in household disposable income and household demographics, including age of residents. Franchises in this industry benefit from employed adults in the household with higher incomes and elderly adults within the household. During the current period, disposable incomes increased and a significant portion of the baby-boomer generation moved into retirement. As a result, industry revenue is expected to increase over the five years to 2019. Over the five years to 2024, industry revenue is anticipated to continue increasing as more of the baby-boomer generation retires, leading to increased demand for industry services.

This industry operates franchised residential cleaning service companies. This industry does not include commercial cleaning or janitorial service companies. Reports in our Business Franchise collection focus solely on the operation of franchised outlets and exclude non-franchise data. They show the total number of franchise outlets, total franchise revenue and average profit margin earned by franchisees. Our reports also highlight the largest franchisors by market share.

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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