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
Industry Report - Industry Locations Chapter
The industry is generally spread according to share of population and crime rate levels, with most crime scene cleanup service providers being located in metropolitan areas. According to the US Centers for Disease Control and Prevention (CDC), those living in the country's 50 largest cities account for 67.0% of all firearm homicides. Homicide and suicide cleanup services account for an estimated 24.0% of industry revenue.
The majority of operators are located in the Southeast and West regions, which combine for an estimated 46.2% of industry establishments. The Southeast region is the most populous region in the United States and includes several states with high crime rates... purchase to read more