Global Dry-Cleaning and Laundry Services Market – Industry Trends and Forecast to 2030

Global Dry-Cleaning and Laundry Services Market, By Type (Laundry, Dry Cleaning and Duvet Clean), End Users (Commercial, Residential, and Coin-Operated), Distribution Channel (Online and Offline) - Industry Trends and Forecast to 2030.

Dry Cleaning and Laundry Services Market Analysis and Size

Growing urbanization and busy lifestyles fuelling the market growth rate. Increasing awareness of environmental issues and sustainability is driving demand for eco-friendly and green dry-cleaning alternatives that use less harmful chemicals and processes. Environmental regulations and labor costs are also projected to hamper the market’s overall growth in the forecast period of 2023 to 2030.

Data Bridge Market Research analyses that the global dry-cleaning and laundry services market is expected to undergo a CAGR of 21.0% during the forecast period. This indicates that the market value, which was USD 2,877 million in 2022, would rocket up to USD 3,988.685 million by 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

 Dry Cleaning and Laundry Services Market Scope and Segmentation

Market Definition

The dry cleaning and laundry services market refers to the industry involved in providing professional cleaning and maintenance services for clothing and textiles. Dry cleaning is a cleaning process that uses a solvent (usually not water) to clean and remove stains from clothing and textiles. It is particularly suitable for delicate or special fabrics that may be damaged by traditional washing with water. Laundry services involve the washing and cleaning of clothing and textiles using water and detergent. This can include both personal garments and items such as bed linens and towels.

Global Dry Cleaning and Laundry Services Market Dynamics

Drivers

• Changing Lifestyles and Rising Disposable Income

Busy lifestyles and increasing urbanization have led to a greater demand for convenient and time-saving services like dry cleaning and laundry. People often lack the time and space for traditional home laundry. Increasing disposable income levels in many regions enable consumers to spend more on services like dry cleaning and laundry, especially for high-end or delicate clothing items.

• Specialty and Eco-Friendly Services

As consumers become more environmentally conscious, there is a growing demand for eco-friendly and sustainable cleaning practices, such as using biodegradable solvents and energy-efficient machines. Specialty services, like cleaning leather, suede, and fur, are also gaining popularity.

Opportunities

• Growing Demand for Eco-Friendly Practices

The demand for environmentally sustainable practices in dry cleaning and laundry, such as using non-toxic and biodegradable solvents, can attract environmentally conscious consumers. This includes implementing energy-efficient machines and water recycling systems.

Restraints

• Environmental Regulations and Competition

The Stringent environmental regulations can restrict the use of certain cleaning solvents and chemicals, leading to increased compliance costs and potentially limiting the range of services a business can offer. High competition within the industry can lead to price wars and reduced profit margins. Smaller, independent businesses may find it challenging to compete with larger chains or franchises.

Challenges

• Supply Chain Disruptions

Disruptions in the supply chain, such as shortages of cleaning solvents or equipment, can impact the ability to provide services. Increasing costs of labor, utilities, and real estate can squeeze profit margins for dry cleaning and laundry businesses.

Global Dry-Cleaning And Laundry Services Market Scope

The global dry-cleaning and laundry services market is segmented on the basis of type, end users and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Laundry
• Dry Cleaning
•  Duvet Clean

End Users

• Commercial
• Residential
• Coin-Operated

Distribution Channel

• Online
• Offline

Global Dry-Cleaning and Laundry Services Market Regional Analysis/Insights

The global dry-cleaning and laundry services market is analyzed, and market size and volume information are provided by type, end users and distribution channel as referenced above.

The countries covered in the industrial enzymes market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and Rest of Middle East and Africa.

Asia-Pacific is expected to dominate the dry-cleaning and laundry services market due to the occurrence of the developing economies. Furthermore, an increase in the expenses on dry-cleaning and laundry services will further boost the growth of the dry-cleaning and laundry services market in the region during the forecast period. Europe is projected to observe a significant amount of growth in the dry-cleaning and laundry services market due to the rise in disposable income. Moreover, the increasing working population and sturdy occurrence of several dry-cleaning and laundry service providers providing a wide range of services from washing to folding to ironing, coupled with pick-up and drop-off services, is anticipated to propel the growth of the dry-cleaning and laundry services market in the region in the coming years.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.  

Competitive Landscape and Global Dry-Cleaning And Laundry Services Market Analysis

The global dry-cleaning and laundry services market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies focus related to the global dry-cleaning and laundry services market.

Some of the major players operating in the global dry-cleaning and laundry services market are:

• AL Rafidain Laundry( Dubai)
•  Aramark (U.S.)
• PALLADIUM (U.K.)
• Launderette (U.S.)
• BONI Sunrise Limited ( Hong Kong)
•  Brite Star Cleaners (U.S.)
• Champion Cleaners (Dubai)
• Cintas Corporation (U.S.)
•  Connoisseur Dry Cleaners (U.K.)
• DryClean USA (U.S.)
• Dry Clean Express (Australia)
• Shanghai Dry Cleaning Company (China) among others