The dry-cleaning and laundry services market share is estimated to grow at a CAGR of 5.3% between 2022 and 2027. The size of the market is forecast to increase by USD 18,646.9 million. The dry-cleaning and laundry services market will witness a YOY of 4.88 in 2023.
“Increasing participation of women in the labor force and Sustainable practices in laundry activities will boost the market growth”, says a senior analyst at Technavio.
Technavio’s report on Dry-cleaning and Laundry Services Market is segmented by end-user (commercial, residential, and coin-operated), type (laundry, dry-cleaning, and duvet clean), and geography (APAC, Europe, North America, Middle East and Africa, and South America).
The dry-cleaning and laundry services market by the commercial segment will be significant during 2023-2027. The sector-specific dry-cleaning and laundry services offered by the vendors will contribute significantly to the growing market for dry-cleaning and laundry services. APAC will contribute 36% of growth rate during the forecast period. The growth of the market in APAC is mainly attributed to the factors such as rising middle-class population and the increasing disposable incomes of people, leading to increased spending on dry-cleaning and laundry services.
Some of the key dry-cleaning and laundry services market vendors are American Dry Cleaning Co., Angelica Textile Services, ByNext Inc., CSC ServiceWorks Inc., Evans Express Laundry Center, EVI Industries Inc., Great American Cleaners, Inc and Co Group Ltd., Jyothy Labs Ltd, Lapels Cleaners, Laundry Town Inc., Marberry Cleaners and Launderers Inc., Mulberrys Franchising LLC, OXXO Care Cleaners, Quickclean Pvt. Ltd., Rinse Inc., Simply Laundry Inc., The Procter and Gamble Co., Washmen Laundry LLC, and Yates Dry Cleaning
americandrycleaningcompany.com- The company offers laundry services for table cloths, duvets, blankets, pillows and towels as well as small items such as underwear, vests and pyjamas and bedlinen which is pressed and carefully packaged ready.
angelica.com- The company offers laundry and dry cleaning services for linen and bedsheets in the field of medical professional hospitals.
Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact on the market in focus. Download the PDF Sample Report
The dry-cleaning and laundry services market report covers indepth information about key vendors and their product offerings.
The key driver, trends and challenges, market opportunities and the detailed market impact analysis
Five force analysis to analyze the potential of buyers and suppliers and the competitive industry scenerio.
Dry-cleaning and laundry services industry across APAC, Europe, North America, Middle East and Africa, and South America.