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Bullboard - Stock Discussion Forum Falken Industries Ltd FLKI

Falken Industries Ltd. is a professional service, equipment, manufacturing and retail supply company, which offers security and protection services. The Company operates in three groups, such as protective services, intelligence and investigations, and military/disaster operations. It offers products, including tactical vehicles, and uniforms and tactical clothing. The Company provides uniforms... see more

GREY:FLKI - Post Discussion

Falken Industries Ltd > Car Care Market Growth
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Post by update11 on Feb 14, 2011 8:07am

Car Care Market Growth

This market is on expansion and it's driven by expansion in car industry. On average, U.S. car dealers sell 17 million cars a year causing the car care market to grow annually. 
Clean Plus(R) targets those focused on functionality, style and environmental issues, so whit huge market like this, I have no doubt they will make empire of its business!
Comment by update11 on Feb 14, 2011 8:09am
As we all know 2009 was terrible year for car industry and there for also for car care industry. That year number of sold vehicles has fallen to the lowest point in last tree decades! Now then the market has rebound, and expected to grow tremendously over the next years, car care market will blossom again! Car care rose 19% in Dec last year, so this year sounds extremely promising!
Comment by update11 on Feb 15, 2011 5:10am
Car Wash and Auto Detailing industry is on its way back to earning some serious money! After a difficult past two years, they are finally re-bouncing.Industry Revenue for 2010 is $6,273.2 Mill, so I'm wondering what share will FLKI have in this huge earnings!
Comment by update11 on Feb 15, 2011 5:14am
In 2010 revenue growth was 1.8% compared to 2009, and forecast is that this year will have much substantial revenue growth. The market is on the rise again, don't let this one to slip away from you!