Dry-Cleaning And Laundry Services Market
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Global Dry-Cleaning And Laundry Services Market Overview And Prospects

Learn about the global dry-cleaning and laundry services market through The Business Research Company, which provides information on dry-cleaning and laundry services market size, dry-cleaning and laundry services market drivers and restraints, dry-cleaning and laundry services market players, the COVID-19 impact on the dry-cleaning and laundry services market, and more.

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The global dry-cleaning and laundry services market s expected to grow from $93.8 billion in 2020 to $104.5 billion in 2021 at a compound annual growth rate (CAGR) of 12.%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $127. billion in 2025 at a CAGR of 5%.

Gradual shift in customer spending towards tourism is expected to positively impact the hospitality sector in the forecast period driving the market for dry-cleaning and laundry services.

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The dry-cleaning and laundry services market consists of sales of dry-cleaning and laundry services and related goods by entities (organizations, sole traders and partnerships) that operate coin-operated or similar self-service laundries and drycleaners, provide dry-cleaning and laundry services (except coin-operated), and/or supply, on a rental or contract basis, laundered items such as uniforms, gowns, and shop towels. Establishments in the dry-cleaning and laundry services industry are mainly involved in washing and/or cleaning clothes and linen and include coin-operated laundries and drycleaners, dry-cleaning and laundry services, linen suppliers and industrial launderers.

Global Dry-Cleaning And Laundry Services Market Segments Include:

By Type:
Coin-Operated Laundries And Drycleaners, Dry-Cleaning And Laundry Services (except Coin-Operated), Linen And Uniform Supply

By End-Use: Commercial Dry-Cleaning And Laundry Services, Residential Dry-Cleaning And Laundry Services, Coin-Operated Laundries And Drycleaners

By Distribution Channel: Offline, Online

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global dry-cleaning and laundry services market, accounting for 35% of the market in 2020.

Use of cashless self-service laundries or coin-operated laundries and drycleaner machines is growing across the world. This growth is primarily due to emergence of cards and other alternative electronic payment methods such as RFID contactless credit cards, or NFC enabled mobile wallets that provide a cost-effective alternative to handle cash and are also easy to use. Apart from this, cashless laundry machines also provide relief from painstaking cash management in laundries, and secure solutions over cash operated machines, which have to be carefully monitored for thefts.

TBRC’s dry-cleaning and laundry services market report covers:

Major Market Players: Cintas Corp. Elis SA, Aramark, UniFirst Corp. Franz Haniel & Cie.GmbH.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Dry-Cleaning And Laundry Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides dry-cleaning and laundry services market overviews, analyses and forecasts market size, share, dry-cleaning and laundry services market players, dry-cleaning and laundry services market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s dry-cleaning and laundry services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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