Building Exterior Cleaners in the US Industry Market Research Report Now Available from IBISWorld

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Demand for the industry's specialty services declined during the recession due to declining household spending on cleaning services and reduced demand from business clients. Since then, the industry has seen a turnaround. Rising business formation rates are expected to expand the industry's client base and boost revenue over the next five years. For these reasons, industry research firm IBISWorld has added a report on the Building Exterior Cleaners industry to its growing industry report collection.

IBISWorld Market Research

IBISWorld Market Research

Rising incomes and business numbers will expand demand for specialty cleaning services

Topping $7.9 billion in revenue, the Building Exterior Cleaners industry offers a diverse array of services to both residential and commercial clients. Its largest moneymaker is swimming pool cleaning services; however, industry operators also provide power washing, parking lot sweeping, ventilation duct cleaning and chimney sweeping services. Over the past five years, demand for specialty cleaning services plunged as households cut discretionary expenses and businesses closed up shop and stretched out the time between service appointments, says IBISWorld industry analyst Caitlin Moldvay.

The result was a 5.4% and 2.8% revenue decline in 2009 and 2010, stemming from a falling number of clients and increased price-based competition among operators. However, the industry turned the corner in 2011 and is expected to post a modest gain of 1.7% in 2012. The Building Exterior Cleaners industry has been positively affected by increases in household disposable income and a slight rise in business formation rates. Overall, in the five years to 2012, industry revenue declined at an average annual rate of 0.4%.

The Building Exterior Cleaners industry is highly fragmented. In fact, nonemployers make up the majority of firms in the industry. Even with declining business prospects, the number of companies operating in the industry increased at an average annual rate of 2.0% to an estimated 124,399 firms over the past five years. This was largely due to a flood of nonemployers entering the industry, lured by its low barriers to entry, which counterbalanced a declining number of employer companies during the recession, continues Moldvay. In addition, the highly localized nature of providing services also lends the industry to be made up of smaller, local firms that serve a specific region.

Over the next five years, the industry will face brighter conditions. From 2012 to 2017, per capita disposable income is projected to rise, resulting in a greater tendency for households to outsource cleaning services to industry operators. Furthermore, business formation rates are forecast to accelerate, leading to an expanded client market for the industry. As a result, the industry is expected to post solid gains over the next five years. For more information, visit IBISWorld’s Building Exterior Cleaners in the US industry report page.

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IBISWorld industry Report Key Topics

This industry provides exterior cleaning services for residential and commercial buildings. Industry services include power washing and other cleaning services for windows, driveways, swimming pools, gutters and ventilation ducts. Firms also offer lighting maintenance and snow plowing services.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
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