Industry Analysis & Industry Trends
Demand for cleaning services is strong and stable, driven by trends in non-dwelling construction activity and the outsourcing of cleaning services. Governments and businesses are outsourcing cleaning as they concentrate on their core activities and services, and seek out further cost efficiencies in operations. A rise in demand for domestic cleaning services is resulting from high and dual-income households, and the progressive ageing of the population. Many in-home aged-care programs now offer cleaning services, particularly for disabled people.
Several major cleaning companies are offering additional services or forming strategic alliances with other business services operators... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in a mature phase of its life cycle, with low overall revenue growth driven by increasing outsourcing of non-core services by businesses and government, which includes cleaning services. Together with this trend has been low growth in new and existing clients, particularly from the education and health care sectors. In the decade through 2012-13, IBISWorld estimates that industry value added will increase at an annualised 1.0%, which is lower than estimated total GDP growth over the same period of 2.4%.
Industry growth is also being assisted by the rise in franchised operators. Franchising lowers associated business management and operation training costs, as such costs become part of the purchased package of services... purchase to read more