A new econometric study reveals the world outlook for janitorial services across more than 200 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region and of the globe. These comparative benchmarks provide a quick gauge of each country compared to others.
Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.
This study does provide estimates for the worldwide latent demand, or the P.I.E., for janitorial services. It also shows how the P.I.E. is divided across the world's regional and national markets.
To access the report, click here.