Growth in the carpet cleaning industry

Growth in the carpet cleaning industry

The rug and carpet industry is a big one in the US, with several different industries contributing to its overall sales. The U.S. Bureau of Labor Statistics reported that in 2016 there were over 25,000 people employed by "carpet and rug" companies, an increase from previous years. In addition to this growth in employees, revenue for manufacturers of carpets and rugs has also risen, doubling since 2000.

The carpet and rug industry, as tracked by the U.S. Bureau of Labor Statistics (BLS), is spread across several broader industries. It's a sub-industry of the textile industry, which itself is part of larger global production networks that include cotton farming and spinning mills that manufacture yarns from cotton fibers. In turn, those yarns are woven into fabrics like wool and silk to make carpets or rugs. The carpets themselves may be cut into smaller pieces and used as floor coverings in homes or office buildings.

Sales are also up in the carpet and rug manufacturing industry

The carpet and rug manufacturing industry is a highly competitive one, with the industry accounting for nearly $1.3 billion in sales between 2017 and 2018. Within this industry there are many different types of carpets and rugs that need to be cleaned regularly, as well as many different methods by which they can be cleaned.

Floor covering stores saw a significant jump in revenue between 2000 and 2016

  • The floor covering stores industry, which consists of businesses that sell carpets and other floor coverings such as area rugs and hardwood floors, has seen significant growth in revenue over the past few years.
  • In 2000, revenue for this industry was $7.5 billion; by 2016, it had more than doubled to reach an estimated $15.2 billion.
  • The average annual growth rate between 2000 and 2016 was 6.5%.

For people who clean carpets and rugs, it's a good time to be in the business.

The carpet cleaning industry is growing. According to the Bureau of Labor Statistics (BLS), employment in the field increased. This growth rate is slightly higher than that of the economy overall during this period.

The industry remains competitive but shows signs that it may become more so in the future. For example, competition can be seen from home owners who perform their own and from professional companies that provide less expensive services than those of traditional cleaning companies.

There are plenty of opportunities to get into this business. With the number of homes and businesses with carpeting increasing year after year, the demand for cleaning services will go up. This means that if you have experience cleaning carpets already or want to learn more about how to do it yourself, now could be a great time for starting your own business!

CFI