Global Dry-Cleaning and Laundry Services Strategic Report 2024: North America Retains Commanding Position, Asia-Pacific Represents a High Growth Regional Market - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Dry-Cleaning and Laundry Services - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

Global Dry-Cleaning and Laundry Services Market to Reach $103.5 Billion by 2030

The global market for Dry-Cleaning and Laundry Services estimated at US$67.2 Billion in the year 2022, is projected to reach a revised size of US$103.5 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030. Laundry, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$56.4 Billion by the end of the analysis period. Growth in the Dry Cleaning segment is estimated at 5.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $17.8 Billion, While China is Forecast to Grow at 7% CAGR

The Dry-Cleaning and Laundry Services market in the U.S. is estimated at US$17.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$17 Billion by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

What`s New?

• Special discussions on the global economic climate and market sentiment
• Coverage on global competitiveness and key competitor percentage market shares
• Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and research platform
• Complimentary updates for one year
• Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Attributes:

Report Attribute	Details
No. of Pages	386
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$67.2 Billion
Forecasted Market Value (USD) by 2030	$103.5 Billion
Compound Annual Growth Rate	5.5%
Regions Covered	Global

MARKET OVERVIEW

• Global Economic Update
• COVID-19 Impact on Dry-Cleaning and Laundry Services Market
• Global Market Overview and Analysis
• Global Dry-Cleaning & Laundry Services Set to Enjoy Bright Days Ahead
• Laundry Captures a Major Share of the Market, Duvet Cleaning Expected to Exhibit Significant Growth
• How Evolutions in Dry-Cleaning Methods Are Transforming the Modern World
• Key Trends Shaping the Future of Laundry Industry
• Residential Laundry Services to Account for a Major Share, Commercial to Witness Faster Growth
• North America Retains Commanding Position, Asia-Pacific Represents a High Growth Regional Market
• Heading towards a Bright Future
• Competition
• Competitive Market Presence - Strong/Active/Niche/Trivial for 120 Players Worldwide in 2023 (E)
• Recent Market Activity

MARKET TRENDS & DRIVERS

• Salient Trends Turning the Tide in Favor of Laundry Services
• Smart Laundry Equipment & Service Technologies Emerge Into the Spotlight
• IoT Enabled Commercial Washing Machines Bring the Promise of Revolutionizing Laundry Services
• How AI Technology is Revolutionizing Dry-Cleaning and Laundry Operations
• The Emergence of Eco-Friendly Laundry and Dry-Cleaning Solutions
• The Environmental Risk of Conventional Chlorinated Chemicals in Dry-Cleaning and Laundry
• Eco-friendly Laundry Detergents Gain Popularity
• Global Online Laundry Services Market Heads towards Whirlpool of Growth
• Coin-Operated Laundry Services Market Grows at a Slow Pace
• Sustained Growth in the Market for Cashless Self-Service Laundries
• Cautious Recovery of the Travel, Hospitality/Hotel Industry in 2022 & Beyond Bodes Well for Market Growth
• Technological Solutions Conjuring Up Ripples in Commercial Laundry Services Domain
• Evolving Fashion Trends Keep Demand Robust for Dry-cleaning and Laundry Services
• Franchising Business Model Gains Traction in Dry Cleaning and Laundry Services Industry
• Spurred On by Rising Healthcare Burden, Hospitals Emerge into the Fastest Growing End-Use Sector
• High Demand for Laundry Services from Uniform Supply Market
• Residential Laundry Services Market Benefits from Changing Lifestyles and Rise in Single-Person Households
• Multi-Housing Laundries Rise in Prominence
• Outsourcing of Laundry Services Gains Momentum
• Industrial Laundries Face a Myriad of Challenges
• Sea of Challenges Indicating Muddy Waters for Dry-Cleaning & Laundry Services

FOCUS ON SELECT PLAYERS (Total 120 Featured)

• Alsco Pty. Ltd.
• Astoria Dry Cleaning Services
• ARAMARK Corporation
• Cleanly
• Huntington Cleaners
• Lapels & Linens Sdn Bhd
• Mr Dobi Laundry Services
• Rentokil Initial PLC
• The Eco Laundry Company
• ZIPS Franchising LLC (Zips Dry Cleaners)

For more information about this report visit https://www.researchandmarkets.com/r/crfxn5

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