Global Dry Cleaning And Laundry Services Market to Reach $140.26 Billion by 2029, Growing at 3.2% CAGR

What combination of drivers is leading to accelerated growth in the dry cleaning and laundry services market?
As customer spending trends shift favorably towards tourism, the hospitality sector is anticipated to experience a positive impact, thereby stimulating the dry-cleaning and laundry services market in the forecast period. Hotels are adapting to the growing needs of tourists by incorporating new business strategies that allow multiple bookings in one day. This strategy will likely lead to an increase in daily linen changes in hotel rooms, consequently escalating the volume of linen that requires washing after each change. The anticipated surge in demand for professional laundry services in the hospitality industry, as hotels seek to streamline their operations and maintain quality services, is a direct result of this new business model. Subsequently, the expansion of the hospitality industry is forecasted to propel the dry-cleaning and laundry services market.

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What is the projected compound annual growth rate (CAGR) of the dry cleaning and laundry services market from 2025 to 2034, and what factors influence it?
The market size for dry cleaning and laundry services has seen a consistent increase in recent years. It's projected to escalate from $119.94 billion in 2024 to $123.63 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 3.1%. Factors contributing to the growth during the historic period include robust economic expansion in emerging markets, swift urbanization, an increase in single-person households, and the development of the healthcare services sector.

The market size of dry cleaning and laundry services is anticipated to witness consistent growth in the forthcoming years, potentially expanding to $140.26 billion in 2029 with a compound annual growth rate (CAGR) of 3.2%. This growth during the projection period can be owed to factors like the expansion of the hospitality industry, the rise in internet accessibility, proliferating franchising opportunities, swift economic development, individuals' hectic lifestyle, and technological enhancements in the laundry sector. Key trends for the projected period comprise investments in digital technologies like mobile applications for providing laundry services on-demand, provision of cashless self-service alternatives like contactless payments and digital wallets for easing cash management and luring customers, as well as the setup of intelligent laundromats to reduce labor expenses, save time, and boost operational efficacy.

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How are the latest trends influencing the growth of the dry cleaning and laundry services market?
The trend of utilizing cashless self-service laundries or coin-operated laundry and dry cleaning equipment is gaining momentum globally. This uptake mainly stems from the advent of cards and other novel electronic payment options such as RFID contactless credit cards, or NFC-enabled mobile wallets. These options not only provide a cost-efficient alternative to cash handling but are also user-friendly. Further, cashless laundry machines alleviate the laborious task of managing cash in laundries, offering security advantages over cash-based devices, which are susceptible to theft. For example, Texas-based companies like 'Texas Coin and Commercial Laundry' and 'Lone Star Laundromat Services' have implemented these cashless laundry services.

What are the major segments of the dry cleaning and laundry services market and their role in driving growth?
The dry cleaning and laundry services market covered in this report is segmented -

1) By Type: Coin-Operated Laundries And Drycleaners, Dry-Cleaning And Laundry Services (except Coin-Operated), Linen And Uniform Supply
2) By Distribution Channel: Offline, Online
3) By End-User: Commericial Dry-Cleaning And Laundry Services, Residential Dry-Cleaning And Laundry Services, Coin-Operated Laundries And Drycleaners

Subsegments:
1) By Coin-Operated Laundries and Drycleaners: Self-Service Laundromats, Automated Dry-Cleaning Machines
2) By Dry-Cleaning and Laundry Services (Except Coin-Operated): Full-Service Dry-Cleaning, Wash-and-Fold Services, Specialty Cleaning
3) By Linen and Uniform Supply: Linen Rental Services, Uniform Rental and Cleaning Services, Textile Supply for Hospitality And Healthcare

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Which regions are key players in the growth of 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 was the second largest region in the dry-cleaning and laundry services market. The regions covered in the dry cleaning and laundry services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the key firms paving the way for growth in the dry cleaning and laundry services market?
Major companies operating in the dry cleaning and laundry services market include 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, UClean, Fornet, Elephat King Laundry, Alsco Pty Limited, Karl Chehade Dry-Cleaning, the Mat on Carrington, Edaixi, WonderWash, Pacific Dry Cleaners, Laundry Day, DryClyn Express, Easy Wash Laundromat, LaundryMart Fetch, Hi-tech Dry-cleaning, Jeeves, New China Laundry, Sunshine Laundry, Wah Mei Dry-Cleaning & Laundry Company, Vogue Laundry Service Ltd., Impressed Laundry, Boni, Washie and Tai Pan Laundry, Easy Life Laundry, Big Mama, Tokyu Linen Supply Co.Ltd., Comet Cleaners, White Knight Laundry Services, Laundrapp, Pressto Laundry & Dry Cleaners, CLEAN, Solo Laundry Services Ltd, ihateironing, Laundry Master, Laundryheap, West Country Laundry Ltd., Imperial Laundry, The Diana company, Bel & Blanc, Laundry Drnovec, Arbela, Nordic Care, Pralnia Samoobslugowa Blanc Lys, WashPro Poland, Washescu, Immaculate, MWD Group, Hollywood S.A, Dryclean USA, Martinizing Dry-Cleaning, OXXO Care Cleaners, Lapels, Tide Dry Cleaners, ZIPS Dry Cleaners, The Eco Laundry Company, Cadet Cleaners, North Park Cleaners, Golden Hanger Cleaners, Brite Star Cleaners, One Hour Cleaners, 5àsec, Mr Jeff, Quick-Press, Al Rafidain Laundry, Force Laundry, Lavanderia, Champion Cleaners, Washmen, Connoisseur Dry Cleaners, Pressed In Time, Bendor Laundrette, Harringtons Dry Cleaners And Launderers, Crisp & Clean, Eco Dry Cleaners, JustLaundry, Kisafi

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What Is Covered In The Dry Cleaning And Laundry Services Global Market Report?

• Market Size Forecast: Examine the dry cleaning and laundry services market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the dry cleaning and laundry services market for a structured understanding.
• Key Players Overview: Analyze major players in the dry cleaning and laundry services market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the dry cleaning and laundry services market.
• Segment Contributions: Evaluate how different segments drive overall growth in the dry cleaning and laundry services market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the dry cleaning and laundry services market.
• Industry Challenges: Identify potential risks and obstacles affecting the dry cleaning and laundry services market.
• Competitive Landscape: Review strategic developments in the dry cleaning and laundry services market, including expansions, agreements, and new product launches.

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