Industry Analysis & Industry Trends
Slip and slide
Industry revenue suffered during the recession. Despite the necessary nature of grease trap cleaning, restaurants, cafeterias and hotels postponed services and took on some grease trap cleaning themselves. As the economy recovers, downstream industries will increase their demand for industry services. In addition, new technology will increase the recyclability and commoditization of greases and oils.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Grease Trap Cleaning industry has a low level of market share concentration. There are no companies in the industry that generate more than 5.0% of the industry's revenue. This is largely due to the fact that the majority of the industry's operators services local restaurants, hotels, schools and businesses within a limited geographic scope to contain transportation expenses. Consequently, industry operators typically confine their operations on a local or regional basis, limiting the overall market share concentration of the industry. The majority of companies in the industry operates from a single facility and employs fewer than nine full-time employees... purchase to read more