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Locked up: Public outcry has forced some facilities to close, damaging revenue



Correctional Facilities in the US

In light of strong demand for private facilities and services, the Correctional Facilities industry will experience continual growth over the next five years. As federal and state governments looked for low cost ways to house inmates and solve the overcrowding problem, they have increasingly turned to industry operators. In the coming years, governments will increasingly look to privatize facilities and services for cost-effective alternatives to publicly operated correctional facilities. However, there is much industry scrutiny and, if that continues, the industry could face hard times.

The Correctional Facilities industry consists of operators that own or manage correctional facilities and halfway houses. Services provided by industry enterprises include private janitorial, maintenance, trash disposal, guard and security, mail routing reception, laundry and other services that support operations within correctional facilities. The industry does not include facility support services for other types of establishments, such as military bases or other government facilities.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Correctional Facilities in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

Corrections Corporation of America

The GEO Group Inc.

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