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Research Outline
Prepared for isaac | Delivered July 11, 2019
U.S. Moving Industry Market Size
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Goals
To obtain the market size of the moving industry in the U.S. for 2019 or the most recent year available for data verfication purposes.
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Early Findings
Our initial search shows that there is quite a bit of data available for the moving industry in the United States. Here is what we found with our preliminary searches:
According to IBISWorld, the 2019 market size for the moving services industry is
$19 billion
(a screenshot is
here
due to linking issues with IBISWorld).
This
analysis includes
residential moving, commercial moving, warehousing services, and other.
The industry is growing at a CAGR of about
0.6%
per year.
The American Moving & Storage Association puts the household moving business at
$12.6 billion
in 2019.
About
40 million
Americans move each year, which equates to about
14%
of the population.
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