Cleanlink News March 26 2009
Research: Demand For Jan/San Equipment and Supplies
Reportlinker.com recently released a new market research report identifying key issues and challenges concerning the janitorial equipment and supplies market in the United States.
US demand to reach $7.6 billion in 2013
US demand for janitorial equipment and supplies (excluding chemical products) is forecast to increase 2.4 percent per year to $7.6 billion in 2013, moderating from growth registered during the 2003 to 2008 period. Advances will be supported by new product development activity, leading to increased sales of higher-value goods. Innovations will be increasingly focused on better ergonomic equipment design and products that address environmental concerns. Market expansion will also be supported by growing floor space in the institutional building market, a key user of janitorial equipment and supplies. However, overall gains will be limited by slowing advances in the total amount of US nonresidential floor space, as well as by a moderation in nonresidential building construction expenditures.
US shipments of janitorial equipment and supplies are forecast to climb 2.1 percent per annum through 2013 to $7.0 billion. Output gains will not be as strong as those registered during the 2003 to 2008 period or domestic demand growth through 2013. Imports of janitorial equipment and supplies will grow faster than exports through 2013 as lower cost foreign produced products make additional market inroads. Because of this, the US trade deficit is expected to expand to $575 million in 2013.
Manual products to be fastest growing segment
Manual cleaning products are expected to see the fastest gains of any major product segment through 2013. Product innovation will play an important role in manual cleaning product market growth. For instance, wipes will register the strongest growth of any individual product, with increased utilization supported by the development of special-purpose goods. Other individual products expected to post above-average sales gains include backpack vacuums and multipurpose floor machines. These items offer consumers versatility and efficiency. Manufacturers of manual floor cleaning accessories, such as dust pans and mop wringers, will also benefit from increases in manual cleaning product sales.
Institutional, industrial markets to post strongest gains
The institutional building market is projected to post the strongest growth of any major market segment through 2013. Advances in this market will be supported by increasing institutional floor space. Furthermore, growing concerns over contamination and air quality in schools and healthcare facilities will bolster janitorial equipment and supplies demand in this market. The industrial building market will post the second fastest gains through 2013, driven by an upturn in production following an extended period of decline, as well as by worker health and safety concerns.
Sales to contract cleaners to outpace in-house buyers
Businesses will increasingly utilize contract cleaners to reduce overhead costs. Janitorial equipment and supplies purchased by contract cleaners are forecast to increase 2.6 percent per annum to $2.1 billion in 2013, outpacing growth in sales to in-house buyers. The utilization of contract cleaners varies significantly by market. However, all markets are expected to increasingly use outsourced cleaning services. In 2008, office buildings was the largest market for janitorial equipment and supplies purchased by contract cleaners and is expected to remain so through 2013.
Study coverage
This new industry study, Janitorial Equipment & Supplies, presents historical demand data (1998, 2003, 2008) plus forecasts for 2013 and 2018 by product, market and US region. The study also considers market environment factors, evaluates company market share data and profiles 33 US industry competitors.
To read more specifics about the study, click here.
To order this research study, click here.
