Dry-Cleaning And Laundry Services Market
Report ID: SQSG25S2010
Dry-Cleaning And Laundry Services Market Size, Share, Growth Analysis, By Service(Laundry, Dry Cleaning, and Duvet Cleaning), By Application(Residential, and Commercial), By Region(North America, Europe, Asia-Pacific, Latin America), By Region - Industry Forecast 2025-2032
Report ID:
SQSG25S2010 |
Region:
Global |
Published Date: October, 2024
Pages:
165
|Tables:
62
|Figures:
75
Dry-Cleaning And Laundry Services Market Insights
Dry-Cleaning And Laundry Services Market size was valued at USD 74.15 Billion in 2023 and is poised to grow from USD 79.34 Billion in 2024 to USD 136.33 Billion by 2032, growing at a CAGR of 7.0% during the forecast period (2025-2032).
Consumers are increasingly using dry-cleaning and laundry services because they provide convenience at a low cost, which is driving the dry-cleaning and laundry services market. Furthermore, increased consumer expenditure on such services is expected to boost market expansion during the forecast period. Everyone prefers to wear clean and neat clothes, but washing laundry regularly is a chore for the majority of customers. Because of their hectic lifestyles, many people are actively looking for dry-cleaning and laundry services to take care of their filthy garments.
Dry-cleaning and laundry services are gaining popularity as dependable and convenient services at a fair price since busy consumers are willing to pay for their laundry these days. During the projection period, these factors are projected to fuel demand for these services. Globally, the growing working population, together with rising spending on clothing and cleaning services, is likely to fuel demand for such services during the forecast period.
Laundry has seen a significant shift in the last few years, from washing clothing at home to using coin-operated washing machines to opt for on-demand services such as pick-up and drop-off. Consumers are valuing convenience and increasingly opting for dry-cleaning and laundry services to smoothen their everyday lives as a result of their hectic lifestyles.
US Dry-Cleaning And Laundry Services Market is poised to grow at a sustainable CAGR for the next forecast year.
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Dry-Cleaning And Laundry Services Market Segmental Analysis
Global Dry-Cleaning and Laundry Services Market is segmented by Service, Application and region. Based on Service, the market can be segmented into Laundry, Dry Cleaning, and Duvet Cleaning. Based on Application, the market is segmented into Residential, and Commercial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Dry-Cleaning And Laundry Services Market Analysis by Type
Due to consumers' increasing preference for casual clothing and increased frequency of cleaning, laundry services are anticipated to outperform other segments. Furthermore, people are being inspired to routinely wash their everyday clothes by growing consumer awareness of the importance of maintaining personal hygiene.
These elements are anticipated to increase demand for washing services throughout the course of the projection period. A rise in the number of professionals who frequently wear business attire, such as suits and jackets, which cannot be washed using conventional methods and must be dry cleaned with extreme care, is expected to result in a significant increase in the demand for dry cleaning services over the coming years. Additionally, other speciality items, including bridal dresses, are frequently dry cleaned, which is projected to fuel demand during the projection period.
Dry-Cleaning And Laundry Services Market Analysis by End User
Residential applications held a large dry-cleaning and laundry services market share in 2021 and are anticipated to continue to dominate for the duration of the projection. Globally expanding families with working members and rising clothes and cleaning costs are projected to fuel residential segment growth over the course of the forecast period. The rise in single-person families, the acceleration of urbanisation, and the expansion of industries like hospitality and healthcare have all fueled an increase in demand for laundry services.
The market for commercial application will see an increase in demand for dry cleaning and laundry services over the next years. The increasing growth of the hospitality sector, which is continuously looking for specialised services to clean clothing and bedding, is anticipated to be the main driver of the commercial segment during the projection period.
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Dry-Cleaning And Laundry Services Market Regional Insights
In 2021, the Asia Pacific region has emerged as the major stakeholder and is anticipated to keep the top spot throughout the projection period. The presence of developing economies like India and China, a rising working-age population, and rising spending on dry-cleaning and laundry services are anticipated to enhance the market throughout the projection period. The main markets for laundry and dry cleaning services are developed regions. The demand for laundry services is increasing in developed regions as a result of the travel and tourism industry's ongoing expansion and the encouragement of modern lifestyles.
Europe is anticipated to grow considerably over the projection period. Rising disposable income and a growing labour force are factors contributing to the increase. Due to increased investment in hotel operations, the hospitality industry in Europe is growing quickly. The need for industrial laundry and dry cleaning services in Europe will almost probably rise as a result of this.
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Dry-Cleaning And Laundry Services Market Dynamics
Dry-Cleaning And Laundry Services Market Driver
- Due to their rapid economic expansion, emerging nations have made a substantial contribution to the increase in demand for dry cleaning and laundry services. The dry-cleaning and laundry services market is positioned to gain in the coming years from the steadily expanding hospitality industry, expanding franchise opportunities, and technology developments.
- The market is expanding due to rising female employment rates and the affordability of laundry services.
- The demand for online on-demand washing services is anticipated to increase as a result of expanding Internet penetration rates, rising smartphone usage, and the introduction of mobile apps.
- The demand for textile and garment laundering is driving growth in developed nations, which is leading to an increase in demand for laundry services. This growth is being fueled by the travel and tourism industry's ongoing expansion and encouraged by modern lifestyles.
Dry-Cleaning And Laundry Services Market Restraint
- The availability of all-in-one home washing machines could pose additional challenges to the expansion of the market for dry cleaning and laundry services in the near future.
- The surge in at-home washing is also anticipated to restrain the market's expansion for dry cleaning and laundry services throughout the forecast period.
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Dry-Cleaning And Laundry Services Market Competitive Landscape
The existence of several international players defines the global market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our dry-cleaning and laundry services market reports, some of the leading quality dry-cleaning and laundry services providers are as follows: Aramark Corporation (US), Cintas Corp. (US), CSC ServiceWorks, Inc. (US), CWS-boco International GmbH (Germany), Elis SA (France), EVI Industries, Inc. (US), Huntington Cleaners & Shirt Laundry (US), Mulberrys LLC (UK), The Procter & Gamble Company (US), UniFirst Corporation (US), Yates Dry Cleaning (US), Zipjet Ltd. (UK).
Top Players in the Global Dry-Cleaning and Laundry Services Market
- CSC ServiceWorks, Inc
- Alliance Laundry Systems LLC
- Aramark Corporation
- Elis SA
- Cintas Corporation
- Unilever Group
- Johnson Controls Inc.
- Balfurd Inc.
- Ecolab Inc.
- Mulberrys LLC
- Liox Cleaners
- The Huntington Company
- Rinse, Inc.
- Laundrapp Ltd.
- Zipjet Ltd.
- Tide Cleaners
- Pressbox Services LLC
- Sudsies Dry Cleaners
- Mulholland Dry Cleaners
- DryClean USA
Dry-Cleaning And Laundry Services Market Recent Developments
- In July 2022, with more conventional devices like laundry and dry-cleaning presses, vacuum-blowing-steaming ironing tables, stain removers, form finishers, and toppers, Pony is showcasing new, more advanced, and inventive goods that represent both the company's present and future. The new ANGEL 3.0 shirt finisher, shown in the image, represents the most recent development of a highly successful and dependable machine. It now features a contoured Teflo-coated press plate, which, thanks to its unique shape and improved vacuum function, enables more precise and quick dressing, as well as mark-free drying and wrinkle-free shirt sides.
- In July 2022, with its 80 lb (36 kg), 100 lb (45 kg), and 140 lb (63 kg) rigid-mount washer-extractors, Pellerin Milnor has introduced the E-P Plus®Control. This growth gives laundries more options to meet their particular needs. A powerful yet reasonably priced control called the E-P Plus control has 30 pre-programmed formulas, including 10 options for eight distinct sectors.
Dry-Cleaning And Laundry Services Key Market Trends
- The use of coin-operated or cashless self-service laundries and dry cleaners is expanding globally. This expansion is mostly attributable to the development of cards and other alternative electronic payment methods like NFC-enabled mobile wallets and RFID contactless credit cards, which offer a convenient and affordable way to manage cash. Additionally, cashless laundry machines offer secure alternatives to cash operated machines, which must be closely watched for thefts, and relief from laborious cash administration in laundries.
Dry-Cleaning And Laundry Services Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, by end user, residential applications held a large market share in 2021 and are anticipated to continue to dominate for the duration of the projection. Region-wise, Asia Pacific dominated the global dry-cleaning and laundry services market.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 74.15 Billion |
| Market size value in 2032 | USD 136.33 Billion |
| Growth Rate | 7.0% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Dry-Cleaning And Laundry Services Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Dry-Cleaning And Laundry Services Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Dry-Cleaning And Laundry Services Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Dry-Cleaning And Laundry Services Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Dry-Cleaning And Laundry Services Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Dry-Cleaning And Laundry Services Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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