DUBLIN--(BUSINESS WIRE)--The "Dry-Cleaning and Laundry Services - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Dry-Cleaning and Laundry Services market worldwide is projected to grow by US$18.9 Billion, driven by a compounded growth of 4.2%. Linen & Uniform Supply, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$42.2 Billion by the year 2025, Linen & Uniform Supply will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 3.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$925.4 Million to the region's size and clout in the next 5 to 6 years. Over US$1 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Linen & Uniform Supply will reach a market size of US$1.7 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 5.8% over the next couple of years and add approximately US$3.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.
Competitors identified in this market include, among others:
- Aramark Corporation
- Cintas Corp.
- CSC ServiceWorks, Inc.
- CWS-boco International GmbH
- Elis SA
- EVI Industries, Inc.
- Huntington Cleaners & Shirt Laundry
- Mulberrys LLC
- The Procter & Gamble Company
- UniFirst Corporation
- Yates Dry Cleaning
- Zipjet Ltd.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Dry-Cleaning and Laundry Services Market: Prelude
- Commercial Laundry Services to Present Significant Growth Opportunity
- Asia-Pacific: A High Growth Regional Market
- Competition
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Advent of Smart Laundry Technologies to Spur Market Growth
- Driven by High-Speed Internet Connectivity and Smartphone Penetration, Online On-Demand Laundry Services Market Grows at a Healthy Pace
- Coin-Operated Laundry Services Market Grows at a Slow Pace
- Hospitality Sector: An Important Market for Laundry Services
- Rise in Lodging Services & Travel Accommodation to Drive Increased Use of Commercial Laundry Services
- Demand on Rise for Sustainable Laundry Services
- Sustained Growth in the Market for Cashless Self-Service Laundries
- Franchising Business Model Gains Traction in Dry Cleaning and Laundry Services Industry
- Healthcare Services: A Traditional Revenue Generator for Laundry Services
- High Demand for Laundry Services from Uniform Supply Market
- Residential Laundry Services Market Benefits from Changing Lifestyles and Rise in Single-Person Households
- Outsourcing of Laundry Services Gains Momentum
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/qg7fpn
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