The global market for Dry-Cleaning and Laundry Services was valued at an estimated US$70.6 Billion in 2023 and is projected to reach US$103.5 Billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the dry-cleaning and laundry services market is driven by several factors. The increasing urbanization and rise in disposable income are major drivers, as more consumers seek professional cleaning services for convenience and time savings. The expanding hospitality and healthcare sectors, which require large-scale laundry services, are also boosting market demand.
Technological innovations in cleaning methods and machinery are enhancing service efficiency and quality, driving adoption among both individual and commercial clients. The growing awareness and demand for eco-friendly cleaning solutions are further propelling market growth, as consumers and businesses seek sustainable alternatives. Additionally, the rise of e-commerce and digital platforms is revolutionizing service delivery, making it easier for customers to access and utilize these services. Regulatory trends promoting environmental sustainability and workplace safety are encouraging the adoption of advanced cleaning technologies and practices, contributing to market expansion.
The growth in the dry-cleaning and laundry services market is driven by several factors. The increasing urbanization and rise in disposable income are major drivers, as more consumers seek professional cleaning services for convenience and time savings. The expanding hospitality and healthcare sectors, which require large-scale laundry services, are also boosting market demand.
Technological innovations in cleaning methods and machinery are enhancing service efficiency and quality, driving adoption among both individual and commercial clients. The growing awareness and demand for eco-friendly cleaning solutions are further propelling market growth, as consumers and businesses seek sustainable alternatives. Additionally, the rise of e-commerce and digital platforms is revolutionizing service delivery, making it easier for customers to access and utilize these services. Regulatory trends promoting environmental sustainability and workplace safety are encouraging the adoption of advanced cleaning technologies and practices, contributing to market expansion.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Laundry segment, which is expected to reach US$56.4 Billion by 2030 with a CAGR of a 6.1%. The Dry Cleaning segment is also set to grow at 5.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $18.5 Billion in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $17.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Dry-Cleaning and Laundry Services Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Dry-Cleaning and Laundry Services Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Dry-Cleaning and Laundry Services Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cintas Corp., CSC ServiceWorks, Inc., CWS International GmbH, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 120 Featured):
- Cintas Corp.
- CSC ServiceWorks, Inc.
- CWS International GmbH
- East Rand Cleaners
- Elis SA
- Huntington Cleaners & Shirt Laundry
- Marberry Cleaners & Launderers, Inc.
- Mulberrys Garment Care
- Rinse, Inc.
- Tide Dry Cleaners (Procter & Gamble)
- UniFirst Corporation
- Yates Dry Cleaning
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISPHILIPPINESSOUTH KOREAREST OF ASIA-PACIFICIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Cintas Corp.
- CSC ServiceWorks, Inc.
- CWS International GmbH
- East Rand Cleaners
- Elis SA
- Huntington Cleaners & Shirt Laundry
- Marberry Cleaners & Launderers, Inc.
- Mulberrys Garment Care
- Rinse, Inc.
- Tide Dry Cleaners (Procter & Gamble)
- UniFirst Corporation
- Yates Dry Cleaning
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 386 |
Published | July 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 70.6 Billion |
Forecasted Market Value ( USD | $ 103.5 Billion |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |