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 Key Buyers Chapter
The Crime Scene Cleanup Services industry has a low level of market share concentration. In 2012, the top four industry players generate less 5.0% of industry revenue. The industry is still dominated by small firms that specialize in specific cleanup services and regions.
The industry is in the mature stage of its life cycle. Over the five years to 2012, the number of firms has increased at an estimated average annual rate of 0.2% to 560. However, this trend is not expected to continue over the next five years, as the number of enterprises decreases at an annualized rate of 0.2% to 555. Price competition and declining profit margins will support industry exits... purchase to read more