Tuesday, October 8, 2013

Demand for Janitorial Equipment & Supplies to Reach $7.2 Billion in 2017

This is an excerpt from a CleanLink article.

US demand for janitorial equipment and supplies (excluding chemical products) is forecast to advance 1.7 percent per year through 2017 to $7.2 billion. Although not rapid growth, this rate will be an improvement from the more sluggish gains of the 2007-2012 period. Sales of many of these products declined from 2007 to 2009 due to the recession and its subsequent effect on business activity levels, when a large number of businesses delayed replacing or upgrading higher cost janitorial products and decreased the frequency of nonessential cleaning services.  However, many businesses began purchasing new equipment between 2010 and 2012 as the economy improved, helping sales of most products return to pre-recession sales levels.

These and other trends are presented in Janitorial Equipment & Supplies, a study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.

To read the full article, visit cleanlink.com.

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