Dry-cleaning and Laundry Services Market Introduction and Overview
According to SPER Market Research, the Global Dry-cleaning and Laundry Services Market is estimated to reach USD XX Billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Global Dry-cleaning and Laundry Services Market, including market size and trends, product mix, applications, and supplier analysis. The dry cleaning and laundry services market refers to the industry that offers professional cleaning and maintenance services for garments and textiles. Dry cleaning is a cleaning method that uses a solvent (often not water) to clean and remove stains from garments and fabrics. It is especially ideal for delicate or unusual fabrics that would be destroyed by regular water-based cleaning. Laundry services involve washing and cleaning clothes and fabrics with water and detergent. This can include both personal clothing and household things like bed linens and towels.
- July 2021: Alliance Laundry Systems expanded its direct network infrastructure when it acquired Gulf States Machinery Co.'s laundry subdivision assets. The decision to acquire the business was made in reaction to the admirable performance of the company's retail partners, demonstrating the efficiency of the business strategy of selecting great enterprises in expanding markets.
- October 2020: Alsco released the New and Upgraded Ecosafe Washer. The product is an excellent water-based equipment washer. The Ecosafe washer's bioremediation technique converts grease and oil into carbon dioxide and water.
Market Opportunities and Challenges
Opportunities:
Growing demand for environmentally friendly practices: The desire for environmentally friendly dry cleaning and laundry procedures, such as the use of non-toxic and biodegradable solvents, has the potential to attract environmentally concerned customers. This includes installing energy-efficient machinery and water recycling devices. Online demand washing services is driving the growth of the market: On-demand laundry services have transformed the market by providing unparalleled convenience and value, resulting in greater customer satisfaction. Companies such as Cleanly and Rinse are investing heavily to capitalise on this opportunity and strengthen their market positions. The market for dry-cleaning and laundry services is expanding due to rising demand from residential customers.
Consumers prioritise convenience over all other considerations: Consumers prioritise convenience while making decisions. The introduction of smart washing technologies boosts the laundry services sector and provides clients with comfort through the advancement of IoT and wireless technology. With the development of intelligent washing machines, the amount of detergent required by the machine is analysed, resulting in lower washing expenses through smart utility optimisation.
Challenges:
In-house Laundry Facilities: Some houses and businesses have their own laundry facilities, which are a less expensive option to outsourcing cleaning services. Cost Considerations: Dry-cleaning and laundry services might be more expensive than doing laundry at home, especially if you have a large volume or need to clean frequently. Quality issues: Quality differences between service providers may raise issues about proper clothing cleaning, handling, and upkeep. Supply Chain Disruptions: Supply chain disruptions, such as a shortage of cleaning chemicals or equipment, can have an impact on service delivery. Increasing labour, utility, and real estate costs might reduce dry cleaning and laundry profit margins.
Market Competitive Landscape
The major key players in the Global Dry-cleaning and Laundry Services Market are: Alsco Pty Limited, Alliance Laundry Systems LLC, City Dry Cleaning Company, Cleanly, East Rand Cleaners, Marberry Cleaners & Launderers Inc., Rinse Inc., The Huntington Company, Tide Dry Cleaners (Procter & Gamble), ZIPS Dry Cleaners, Others. The market is characterised by the presence of both established businesses and new entrants. Many major firms are focusing more on the market's emerging trends. Players are broadening their service offerings to maintain a larger market share.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Services, By End Users, By Distribution Channel
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Alsco Pty Limited, Alliance Laundry Systems LLC, City Dry Cleaning Company, Cleanly, East Rand Cleaners, Marberry Cleaners & Launderers Inc., Rinse Inc., The Huntington Company, Tide Dry Cleaners (Procter & Gamble), ZIPS Dry Cleaners, Others
|
COVID-19 Impact on Global Dry-cleaning and Laundry Services Market
With the COVID-19 epidemic, the government was forced to impose tight lockdown measures, resulting in a complete closure of commercial activity. Due to a halt in operations and restrictions on outside movement, demand for dry-cleaning and laundry services has fallen because there was no way to send items to the cleaning centres. Following the relaxation of the government's lockdown, market demand was significantly influenced as consumers moved their focus to tourism, resulting in increased hospitality growth. The hotel business is directly dependent on dry cleaning and laundry services, which will affect and drive their market growth.
Key Target Audience:
- Residential Customers
- Commercial Clients
- Corporate Offices
- Hospitality Industry
- Healthcare Facilities
- Retailers
- Event Planners
- Educational Institutions
- Government Agencies
- Tourist Attractions
- Others
Our in-depth analysis of the Dry-cleaning and Laundry Services Market includes the following segments:
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By Services: |
Dry Cleaning
Duvet Clean
Laundry
|
|
By End Users: |
Commercial
Residential
Coin-Operated
|
|
By Distribution Channel: |
Online
Offline
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Key Topics Covered in the Report:
- Global Dry-cleaning and Laundry Services Market Size (FY’2024-FY’2033)
- Overview of Global Dry-cleaning and Laundry Services Market
- Segmentation of Global Dry-cleaning and Laundry Services Market By Services (Dry Cleaning, Duvet Clean, Laundry)
- Segmentation of Global Dry-cleaning and Laundry Services Market By End Users (Commercial, Residential, Coin-Operated)
- Segmentation of Global Dry-cleaning and Laundry Services Market By Distribution Channel (Online, Offline)
- Statistical Snap of Global Dry-cleaning and Laundry Services Market
- Expansion Analysis of Global Dry-cleaning and Laundry Services Market
- Problems and Obstacles in Global Dry-cleaning and Laundry Services Market
- Competitive Landscape in the Global Dry-cleaning and Laundry Services Market
- Impact of COVID-19 and Demonetization on Global Dry-cleaning and Laundry Services Market
- Details on Current Investment in Global Dry-cleaning and Laundry Services Market
- Competitive Analysis of Global Dry-cleaning and Laundry Services Market
- Prominent Players in the Global Dry-cleaning and Laundry Services Market
- SWOT Analysis of Global Dry-cleaning and Laundry Services Market
- Global Dry-cleaning and Laundry Services Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Dry-cleaning and Laundry Services Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Dry-cleaning and Laundry Services Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Dry-cleaning and Laundry Services Market
7. Global Dry-cleaning and Laundry Services Market, By Services (USD Million)
7.1. Global Dry-cleaning and Laundry Services Market Value Share and Forecast, By Services, 2024-2033
7.2. Dry Cleaning
7.3. Duvet Clean
7.4. Laundry
8. Global Dry-cleaning and Laundry Services Market, By End Users (USD Million)
8.1. Global Dry-cleaning and Laundry Services Market Value Share and Forecast, By End Users, 2024-2033
8.2. Commercial
8.3. Residential
8.4. Coin-Operated
9. Global Dry-cleaning and Laundry Services Market, By Distribution Channel (USD Million)
9.1. Global Dry-cleaning and Laundry Services Market Value Share and Forecast, By Distribution Channel, 2024-2033
9.2. Online
9.3. Offline
10. Global Dry-cleaning and Laundry Services Market Forecast, 2020-2033 (USD Million)
10.1. Global Dry-cleaning and Laundry Services Market Size and Market Share
11. Global Dry-cleaning and Laundry Services Market, By Services, 2020-2033 (USD Million)
11.1. Global Dry-cleaning and Laundry Services Market Size and Market Share By Services (2020-2027)
11.2. Global Dry-cleaning and Laundry Services Market Size and Market Share By Services (2028-2033)
12. Global Dry-cleaning and Laundry Services Market, By End Users, 2020-2033 (USD Million)
12.1. Global Dry-cleaning and Laundry Services Market Size and Market Share By End Users (2020-2027)
12.2. Global Dry-cleaning and Laundry Services Market Size and Market Share By End Users (2028-2033)
13. Global Dry-cleaning and Laundry Services Market, By Distribution Channel, 2020-2033 (USD Million)
13.1. Global Dry-cleaning and Laundry Services Market Size and Market Share By Distribution Channel (2020-2027)
13.2. Global Dry-cleaning and Laundry Services Market Size and Market Share By Distribution Channel (2028-2033)
14. Global Dry-cleaning and Laundry Services Market, By Region, 2020-2033 (USD Million)
14.1. Global Dry-cleaning and Laundry Services Market Size and Market Share By Region (2020-2027)
14.2. Global Dry-cleaning and Laundry Services Market Size and Market Share By Region (2028-2033)
14.3. Asia-Pacific
14.3.1. Australia
14.3.2. China
14.3.3. India
14.3.4. Japan
14.3.5. South Korea
14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France
14.4.2. Germany
14.4.3. Italy
14.4.4. Spain
14.4.5. United Kingdom
14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia
14.5.2. United Arab Emirates
14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada
14.6.2. Mexico
14.6.3. United States
14.7. Latin America
14.7.1. Argentina
14.7.2. Brazil
14.7.3. Rest of Latin America
15. Company Profile
15.1. Alsco Pty Limited
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Alliance Laundry Systems LLC
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. City Dry Cleaning Company
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Cleanly
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. East Rand Cleaners
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Marberry Cleaners & Launderers Inc.
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Rinse Inc.
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. The Huntington Company
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Tide Dry Cleaners (Procter & Gamble)
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. ZIPS Dry Cleaners
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
