Dry Cleaning And Laundry Services Growth Forecast 2025-2034: Trends, Opportunities, and Key Insights You Need to Know
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What is the Predicted CAGR for the Dry Cleaning And Laundry Services Market Over the Forecast Period of 2025 to 2034?
The dry cleaning and laundry services market has experienced steady growth in recent years. It is projected to grow from $119.94 billion in 2024 to $123.63 billion in 2025, at a CAGR of 3.1%. The historical growth is attributed to strong economic expansion in emerging markets, rapid urbanization, an increase in single-person households, and growth in the healthcare sector.
The dry cleaning and laundry services market is projected to see steady growth, reaching $140.26 billion by 2029, with a CAGR of 3.2%. This growth is attributed to the hospitality sector, internet penetration, franchising opportunities, faster economic growth, busy lifestyles, and technological advancements in laundry services. Trends will include digital technologies for on-demand laundry services, cashless self-service options, and smart laundromats to improve operational efficiency.
What Are the Primary Drivers Supporting the Growth of the dry cleaning and laundry services Market?
The growing demand for tourism-related services is expected to boost the hospitality sector and, in turn, increase demand for dry-cleaning and laundry services. With more tourists visiting hotels, the frequency of linen changes in rooms is expected to rise, driving the need for professional laundry services to maintain quality. This demand will fuel the growth of the dry-cleaning and laundry services market.
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Who Are the Top Companies Driving Innovation and Growth in the Dry Cleaning And Laundry Services Market?
Major companies operating in the dry cleaning and laundry services market include:
• Cintas Corp._x000D_
• Elis SA_x000D_
• Aramark_x000D_
• UniFirst Corp._x000D_
• Franz Haniel & Cie. GmbH_x000D_
What Key Trends Are Currently Impacting the Dry Cleaning And Laundry Services Market’s Development?
Cashless self-service laundries are gaining popularity, driven by electronic payment methods like RFID contactless credit cards and mobile wallets. These solutions eliminate the need for cash handling, which can be prone to theft. Companies like Texas Coin and Commercial Laundry and Lone Star Laundromat Services in Texas are offering cashless laundry services.
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What Are the Key Components of the Dry Cleaning And Laundry Services Market, and How Do Its Segments Perform?
The dry cleaning and laundry services market covered in this report is segmented –
1) By Type: Coin-Operated Laundries And Drycleaners, Dry-Cleaning And Laundry Services (except Coin-Operated), Linen And Uniform Supply
2) By Distribution Channel: Offline, Online
3) By End-User: Commericial Dry-Cleaning And Laundry Services, Residential Dry-Cleaning And Laundry Services, Coin-Operated Laundries And Drycleaners
Subsegments:
1) By Coin-Operated Laundries and Drycleaners: Self-Service Laundromats, Automated Dry-Cleaning Machines
2) By Dry-Cleaning and Laundry Services (Except Coin-Operated): Full-Service Dry-Cleaning, Wash-and-Fold Services, Specialty Cleaning
3) By Linen and Uniform Supply: Linen Rental Services, Uniform Rental and Cleaning Services, Textile Supply for Hospitality And Healthcare
Which Geographical Regions Are Pioneering Growth in the Dry Cleaning And Laundry Services Market?
North America was the largest region in the dry-cleaning and laundry services market in 2024. Asia-Pacific was the second largest region in the dry-cleaning and laundry services market. The regions covered in the dry cleaning and laundry services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
How Do Experts Define the Scope of the Dry Cleaning And Laundry Services Market?
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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