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Optimizing Hotel Operations And The Role Of Professional Laundry Services: Pivotal Factor Influencing Dry Cleaning And Laundry Services Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Dry Cleaning And Laundry Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for dry cleaning and laundry services has been displaying consistent growth in the past few years. It is 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%. The considerable growth during the historical period can be credited to the robust economic progression in developing markets, swift urbanization, an increase in single-person households, and expansion in the healthcare services sector.
Dry Cleaning And Laundry Services Market Size Forecast: What's the Projected Valuation by 2029?
Anticipated stable expansion is on the horizon for the dry cleaning and laundry services market, with projections asserting growth to $140.26 billion by 2029, featuring a compound annual growth rate (CAGR) of 3.2%. Factors contributing to the forecasted market expansion include an uptick in the hospitality industry, increased internet accessibility, growing franchise opportunities, speedier economic growth, the fast-paced lifestyle of the modern individual, and technological innovations in laundry processes. Upcoming trends set to shape the industry during the forecast period consist of digital technology investments such as mobile applications for on-demand services, cashless self-serve solutions including contactless payments and digital wallets to simplify cash handling and draw in clients, and the integration of smart laundromats to minimize labor costs, save time, and enhance operational performance.
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What Are the Drivers Transforming the Dry Cleaning And Laundry Services Market?
The projected growth in the hospitality sector, due to an increased consumer expenditure on travel and tourism, is anticipated to stimulate the progression of the dry-cleaning and laundry services market. Hotels are adapting to cater to the surge in the needs of tourists, initiating novel business strategies wherein guests can book rooms multiple times throughout a single day. Consequently, this will likely amplify the frequency of daily linen changes in a hotel room, and subsequently the straight proportional volume of laundry to clean after every swap. This approach is thought to launch a drive for the necessity of dry-cleaning services and laundry facilities in the hospitality field, as hotels seek expert laundry services to maximize operational hours and maintain high-quality service. Thus, the upward trajectory of the hospitality sector is predicted to fuel the durability of the dry-cleaning and laundry services market.
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What Long-Term Trends Will Define the Future of the Dry Cleaning And Laundry Services Market?
The trend of utilizing coin-free, automated laundry and dry cleaning machines is on the rise globally. This surge can largely be attributed to the development of card and alternate electronic payment methods like RFID touchless credit cards or NFC-enabled phone wallets, which are not only cost-efficient but also user-friendly in comparison to traditional cash handling. Furthermore, cashless laundry systems offer a solution to the laborious task of cash management in laundries, and offer security advantages over cash-based machines that require vigilant surveillance against theft. Companies such as 'Texas Coin and Commercial Laundry' and 'Lone Star Laundromat Services' in Texas, USA are examples of laundry businesses that have transitioned to cashless laundry services.
Which Segments in the Dry Cleaning And Laundry Services Market Offer the Most Profit Potential?
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 Firms Dominate the Dry Cleaning And Laundry Services Market by Market Share and Revenue in 2025?
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
Which Regions Offer the Highest Growth Potential in 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
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