An In-Depth Analysis of the Global Laundry Facilities & Dry-Cleaning Services Market Scope and its rapid growing 6.6% CAGR forcasted for period from 2024 to 2031

Laundry Facilities & Dry-Cleaning Services Introduction

The Global Market Overview of "Laundry Facilities & Dry-Cleaning Services Market" offers a unique insight into key market trends shaping the industry world-wide and in the largest markets. Written by some of our most experienced analysts, the Global Industrial Reports are designed to provide key industry performance trends, demand drivers, trade, leading companies and future trends. The Laundry Facilities & Dry-Cleaning Services market is expected to grow annually by 6.6% (CAGR 2024 - 2031).

Laundry facilities and dry-cleaning services refer to businesses that provide cleaning and maintenance services for clothing and textiles. The main purpose of these services is to ensure that garments are properly cleaned, sanitized, and pressed, extending their lifespan and maintaining their appearance.

The advantages of using laundry facilities and dry-cleaning services include convenience, time-saving, professional cleaning techniques, and specialized care for delicate fabrics. These services can impact the market by creating job opportunities, boosting the economy, and meeting the increasing demand for high-quality clothing care services.

Overall, laundry facilities and dry-cleaning services play a crucial role in maintaining the cleanliness and longevity of clothing items, making them a necessary and valued service for many individuals and businesses.

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Market Trends in the Laundry Facilities & Dry-Cleaning Services Market

- Adoption of eco-friendly practices: Customers are increasingly demanding green, sustainable laundry and dry-cleaning services, driving companies to invest in environmentally friendly practices.

- Mobile apps and online platforms: Laundry services are now offering convenient digital platforms for booking, payment, and tracking orders, enhancing customer experience and efficiency.

- On-demand services: The rise of on-demand laundry and dry-cleaning services allows customers to access quick and convenient cleaning solutions with flexible scheduling.

- Contactless services: The COVID-19 pandemic has accelerated the demand for contactless services, prompting companies to implement touchless drop-off and pick-up options.

- Automation and robotics: The industry is leveraging automation and robotics for tasks such as sorting, folding, and ironing to improve efficiency and reduce labor costs.

Overall, the Laundry Facilities & Dry-Cleaning Services market is projected to experience steady growth as companies continue to innovate and adapt to meet evolving consumer preferences and industry disruptions.

Market Segmentation

The Laundry Facilities & Dry-Cleaning Services Market Analysis by types is segmented into:

• Retail Laundry/Dry Clean Services
• Coin Operated Services
• Corporate/Industrial Laundry Services
• Others

The types of laundry facilities & dry-cleaning services include retail laundry/dry clean services, coin-operated services, corporate/industrial laundry services, and other specialized services. These facilities cater to different customer needs and preferences, such as convenient drop-off options, self-service coin-operated machines, and large-scale industrial cleaning for businesses. These diverse options help boost demand for laundry facilities & dry-cleaning services by offering a variety of solutions to meet the needs of both individual consumers and businesses, thus creating a robust and growing market for these services.

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The Laundry Facilities & Dry-Cleaning Services Market Industry Research by Application is segmented into:

• Residential
• Commercial

Laundry facilities and dry-cleaning services are essential for both residential and commercial purposes. In residential settings, these services provide convenience and time savings for individuals and families. In commercial settings, such as hotels, restaurants, and hospitals, these services ensure clean and fresh linens and uniforms for guests and employees. The fastest growing application segment in terms of revenue is the commercial sector, driven by the increasing demand for professional laundry services in various industries. Overall, laundry facilities and dry-cleaning services play a crucial role in maintaining cleanliness and hygiene in both residential and commercial spaces.

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Geographical Spread and Market Dynamics of the Laundry Facilities & Dry-Cleaning Services Market

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The laundry facilities and dry-cleaning services market in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa is driven by factors such as increasing disposable income, changing lifestyles, and growing awareness about hygiene and cleanliness. Key players like CSC ServiceWorks, EnviroStar, Inc., Alliance Laundry Systems LLC, and others are expanding their presence through strategic partnerships, acquisitions, and technological advancements to cater to the rising demand for laundry services. With a focus on sustainability and energy efficiency, companies like LAVATEC LAUNDRY TECHNOLOGY GMBH and Angelica are gaining traction in the market. The market opportunities in these regions include the introduction of innovative services such as mobile laundry apps (Cleanly, FlyCleaners) and environmentally-friendly dry-cleaning solutions. The market is expected to witness steady growth in the forecast period, driven by urbanization and increasing demand for convenient laundry solutions.

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Laundry Facilities & Dry-Cleaning Services Market Growth Prospects and Market Forecast

The expected CAGR for the Laundry Facilities & Dry-Cleaning Services Market is projected to be around 5% during the forecasted period. Innovative growth drivers such as the increasing demand for convenient and time-saving services, technological advancements in laundry and dry-cleaning equipment, and a growing focus on sustainability and eco-friendly practices are expected to fuel the market growth.

To increase growth prospects in the Laundry Facilities & Dry-Cleaning Services Market, companies can deploy innovative strategies such as leveraging technology to offer online booking and payment options, implementing mobile laundry and dry-cleaning services for on-the-go customers, and expanding services to include specialty items such as wedding gowns or leather garments.

Moreover, tapping into emerging trends such as the rise of shared economy platforms for laundry services, offering subscription-based services for regular customers, and partnering with environmentally-conscious brands to promote sustainable practices can further drive growth in the market. By continuously adapting to changing consumer preferences and embracing innovative deployment strategies, the Laundry Facilities & Dry-Cleaning Services Market can capitalize on growth opportunities and maintain a steady CAGR in the coming years.

Laundry Facilities & Dry-Cleaning Services Market: Competitive Intelligence

• CSC ServiceWsorks
• EnviroStar, Inc.
• Alliance Laundry Systems LLC
• The Huntington Company
• Yates Dry Cleaning & Laundry Services
• LAVATEC LAUNDRY TECHNOLOGY GMBH
• ZIPS Dry Cleaners
• Angelica
• Cleanly
• FlyCleaners

CSC ServiceWorks is a leading player in the laundry facilities and dry-cleaning services market. The company offers a wide range of solutions for commercial and residential laundry needs. With a strong focus on customer service and innovative technology, CSC ServiceWorks has been able to maintain a competitive edge in the market. In 2020, the company reported a revenue of $ billion.

EnviroStar, Inc. is another key player in the market, specializing in laundry equipment sales and service. The company's strong presence in the industry, along with its strategic acquisitions, has helped drive its growth and profitability. In 2020, EnviroStar reported a revenue of $156 million.

Alliance Laundry Systems LLC is a global leader in commercial laundry equipment, offering a wide range of products and services for the industry. The company's focus on innovation and sustainability has allowed it to stay ahead of the competition. In 2020, Alliance Laundry Systems reported a revenue of $1.1 billion.

Yates Dry Cleaning & Laundry Services is a smaller player in the market, known for its high-quality services and personalized customer care. The company has gradually expanded its footprint in key markets, positioning itself as a reliable choice for laundry and dry-cleaning needs.

LAVATEC LAUNDRY TECHNOLOGY GMBH is a well-known player in the laundry equipment manufacturing industry, offering innovative solutions for commercial and industrial clients. The company has a strong presence in the European market and continues to expand its reach globally.

ZIPS Dry Cleaners is a popular dry-cleaning franchise known for its affordable pricing and quick turnaround times. The company has successfully tapped into the growing demand for convenient and efficient laundry services.

Sales Revenue:

- CSC ServiceWorks: $1.5 billion

- EnviroStar, Inc.: $156 million

- Alliance Laundry Systems LLC: $1.1 billion

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