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Global Dry Cleaning And Laundry Services Market: Steady Rise and Key Drivers Including Technological Advances and Increased Internet Penetration
Dry Cleaning And Laundry Services Market
What Is The Projected Market Size Of The Global Dry Cleaning And Laundry Services Market And Its Growth Rate?
• The market size of dry cleaning and laundry services is on a steady growth trajectory. Estimated growth from $119.94 billion in 2024 to $123.63 billion in 2025 (CAGR of 3.1%).
• Past growth trends have been as a result of rapid urbanization, economic growth in emerging markets, and growth in healthcare services sector.
• Projected market growth to reach $140.26 billion in 2029 (CAGR of 3.2%).
• Anticipated growth in the forecast period can be attributed to increased internet penetration, fast economic growth, technological advances in the laundry industry, and busy lifestyles.
What Is Driving The Growth In The Dry Cleaning And Laundry Services Market?
Growth in the hospitality industry as a result of an increase in tourism is emerging as a key driving factor for the dry cleaning and laundry services market. Hotels, to cater to the increasing demand from tourists, are implementing the model of multiple bookings for the same room in a single day. This has significantly increased the frequency of linen changes and consequently the amount of laundry. The rising demand for professional launderette services for efficient operations and maintaining quality has further boosted the demand for dry-cleaning and laundry services in hotels.
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Who Are the Key Players Driving Dry Cleaning And Laundry Services Market Growth?
• Cintas Corp.
• Elis SA
• Aramark
• UniFirst Corp.
• Franz Haniel & Cie. GmbH
• Downer EDI Limited
• Johnson Service Group
• CSC ServiceWorks Holdings Inc.
• Rentokil Initial plc
• Spotless Group Holdings Limited
• White Tiger
• Fabricspa
• The Swiss Laundry
• The Laundry House and many others
What Are The Key Trends In The Dry Cleaning And Laundry Services Market?
• Investment in digital technologies for provision of on-demand laundry services.
• Use of cashless self-service options to attract customers and ease cash management.
• Installation of smart laundromats to reduce labor costs, save time, and improve operational efficiencies.
What Are The Segments Of The Global Dry Cleaning And Laundry Services Market?
• By Type: Coin-Operated Laundries And Drycleaners, Dry-Cleaning And Laundry Services (except Coin-Operated), Linen And Uniform Supply
• By Distribution Channel: Offline, Online
• By End-User: Commericial Dry-Cleaning And Laundry Services, Residential Dry-Cleaning And Laundry Services, Coin-Operated Laundries And Drycleaners
Which Region Leads 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 emerged as the second-largest market. Other regions covered in the market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Dry Cleaning And Laundry Services Market Global Market Report?
- Market Size Analysis: Analyze the Dry Cleaning And Laundry Services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Dry Cleaning And Laundry Services Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Dry Cleaning And Laundry Services Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Dry Cleaning And Laundry Services Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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