Global Dry-Cleaning and Laundry Services Market

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 2024-2031

Report ID: SQSG25S2010 | Region: Global | Published Date: July, 2036
Pages: 165 | Tables: 62 | Figures: 75

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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Global Dry-Cleaning And Laundry Services Market size was valued at USD 69.30 billion in 2022 and is poised to grow from USD 74.15 billion in 2023 to USD 127.41 billion by 2031, growing at a CAGR of 7.0% in the forecast period (2024-2031).

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). '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'

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 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.

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.

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Global Dry-Cleaning and Laundry Services Market

Report ID: SQSG25S2010

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