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Insights Into The Dry Cleaning And Laundry Services Market’s Growth Opportunities Through 2023-2032 – Includes Dry Cleaning And Laundry Services Market Overview

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The gradual shift in customer spending towards tourism are expected to drive innovation in dry cleaning and laundry services manufacturing, thus driving the market during the forecast period.

 

The global dry cleaning and laundry services market is expected to grow from $110.63 billion in 2022 to $114.84 billion in 2023 at a compound annual growth rate (CAGR) of 3.8%. The dry-cleaning and laundry services market is expected to grow to $129.3 billion in 2027 at a CAGR of 3.0%.

 

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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, North America is the largest region in the global dry cleaning and laundry services market in 2021.

 

Major Market Players in the dry cleaning and laundry services market include Elis SA, Spotless Group Holdings Ltd., CSC Serviceworks Holdings Inc., Johnson Service Group, Downer EDI Limited, K Bro Linen Inc.

 

The use of cashless self-service laundries or coin-operated laundries and dry cleaner machines is growing across the world. This growth is primarily due to the 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. For instance, companies such as ‘Texas Coin And Commercial Laundry’ and ‘Lone Star Laundromat Services’ based in Texas, USA are laundry service providers that adopted cashless laundry services.

 

The Dry Cleaning And Laundry Services Global Market Report 2023  provides a dry cleaning and laundry services market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The dry cleaning and laundry services market forecast analyzes dry cleaning and laundry services market size, dry cleaning and laundry services market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Dry cleaning services refer to those agencies that provide clothes cleaning with an organic solvent without using water during the inspection, spotting, and finishing process. Laundry services refer to those companies that provide clothes-washing, drying, starching, and ironing services to their clients.

 

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