Mac-Gray - Competitors

Mac-Gray Competition

Now Viewing Mac-Gray's competition in: Dry Cleaning and Laundry Facilities (primary)

Recent Developments

Anti-dumping Duties Get Preliminary Approval - Anti-dumping duties of up to 221.05 percent on US imports of steel wire garment hangers from China were preliminarily approved by the US Commerce Department. Dry cleaning and laundry facilities may soon be paying more for wire hangers as a result, according to the National Cleaners Association. The Commerce Department is expected to make a final determination on the duties by April 15, 2008, if there are no extensions.

Pollutant Monitoring Requirements may Ease - Changes proposed in early 2008 by the EPA would give dry cleaners options for measuring and monitoring their output of the cleaning solvent, perc, and in some cases eliminate the need to monitor. Companies using new fourth generation dry cleaning equipment are impacted by the revisions. Industry experts say that the changes could reduce operating costs for many cleaners.

Industry Leaders Oppose New Jersey Perc Ban - Representatives of many US dry cleaning organizations gathered in New Jersey in January 2008 to testify against a proposal by the state's Department of Environmental Protection (DEP) to ban perc use in dry cleaning by 2021. Members of the National Cleaners Association, the Drycleaning & Laundry Institute, and the Textile Care Allied Trades Association questioned the validity of the perc research DEP used to justify the proposed ban. The ban is a reaction to problems of 30 or 40 years ago, according to the Textile Care Allied Trades Association.

Competitive Landscape

Demand is related to growth in consumer income. The profitability of individual companies depends on efficient operations and favorable store locations. Large companies have efficiencies of scale in centralized cleaning operations. Small companies can compete successfully by owning favorable locations or providing special services. The industry is labor-intensive: average annual revenue per employee is just $60,000.

Full Industry Overview For Dry Cleaning and Laundry Facilities

Dry Cleaning and Laundry Facilities Industry Forecast

from Hoover's/D&B subsidiary First Research

US personal consumption expenditures for cleaning, laundering, and repair of clothing and shoes, which are major drivers for dry cleaning and laundry facilities, are forecast to grow at an annual compounded rate of 5.7 percent between 2007 and 2012.

Dry Cleaning, Laundry, Related Services Growth Slowly Declines

First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.