Industry Analysis & Industry Trends
A declining crime rate is causing industry revenue to fall, as participants compete among each other for a decreasing number of jobs. As a result, firms must compete on price, which is causing profit to contract. Luckily for industry operators, crime is going nowhere any time soon. Although revenue is forecast to continue contracting over the next five years, well-established and experienced operators are expected to gain market share as unsuccessful firms exit... purchase to read more
What is the Crime Scene Cleanup Services industry?
This industry provides a variety of cleaning services at crime and trauma scenes, including cleanup of homicides, suicides and other incidents where blood and bodily fluids are present. Additionally, the industry cleans and decontaminates chemically contaminated sites, such as methamphetamine laboratories. Industry operators are hired by the property owner of the site of the crime scene, although an individual’s or business’ insurance policy typically covers services... purchase to read more