Industry Analysis & Industry Trends
Rebounding employment, particularly in the hospitality and food-service sectors, will be a boon to the industry. A greater number of employees means a greater need for uniform rental and laundering services. Furthermore, an anticipated rise in the number of insured people under healthcare reform will increase patient traffic in hospitals, pushing them to outsource more of their laundering services. At the same time, rising environmental regulations will likely cause operating costs to rise... purchase to read more
Industry Report - Industry Analysis Chapter
As with many industries, the Industrial Laundry and Linen Supply industry was left hung out to dry, unable to avoid the effects of the recession. Over the five years to 2014, revenue contracted an annualized 1.1% to an estimated $11.5 billion. Laundry and linen suppliers' reliance on demand from the manufacturing, food-services and accommodation sectors left them susceptible to revenue declines during the recession and a slow recovery period. A fall in the number of employed workers and operating establishments in these industries decreased demand for uniform and linen rentals and cleanings.
The industry provides laundering services and rents uniforms, linens, towels, mats and various dust-control items... purchase to read more