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2021
Dry-cleaning And Laundry Services Market

Dry-Cleaning and Laundry Services Market by Type (Coin-Operated Laundries & Drycleaners, Dry-Cleaning & Laundry Service, Linen & Uniform Supply, Household & Commercial Laundries, Dry-Cleaning Plants, Garment Pressing & Laundry Agent, and Others), and Application (Hotels, Residential, Commercial Laundry Services, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Dec 2021 | 83 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The professional process of cleaning delicate garments is called drying cleaning & laundry services. Efficient textile cleaning by skilled professionals in the removal and cleaning of difficulties includes drying and cleaning. Pick up & delivery facilities are included in laundry services, which spare time and are a professional alternative. Technological progress has allowed washing machines to give insights into the major washing process performance metrics. The convenience of consumers with dry cleaning and laundry services is cost-effective. The fast evolution of the city's lifestyle seems to be a key driver of demand. The working population of the town is busy and has less time to manage their homework. As people see washing as a strenuous activity that takes time, they prefer to choose different laundry services. Women rarely get enough time to do their laundry, who works full time to support their families. Dry cleaning and laundry services are increasingly being seen as their primary choice for cleaning their garments. During the projected term, these variables should drive demand for these services.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

2020–2030

Base Year Considered

2020

Forecast Period

2021–2030

Forecast Unit

Value (USD)

Regions Covered

North America, Europe, Asia-Pacific, and LAMEA

Segments Covered

Type, Application, and Region

Companies Covered

Aramark Corporation., Cintas Corp., CSC ServiceWorks, Inc., CWS-Boco International GmbH, Elis SA., EVI Industries, Inc., Mulberrys LLC., The Proctor & Gamble Pvt Ltd., UniFirst Corporation., and Zipjet Ltd.

 

COVID-19 Impact Analysis

  •  With the advent of the COVID-19 pandemic, the government had to enforce strict lockdown that resulted in a complete shutdown of operations in commercial sectors. Due to a halt in the operations and restriction in outdoor movement, demand for dry-cleaning and laundry services has decreased as there was no option to deliver the clothes at the cleaning centers.
  • Following the relaxation of the government's lockdown, market demand was strongly influenced as consumers shifted their focus towards tourism, thereby increasing hospitality growth. The hotel industry depends directly on dry cleaning and laundry services that will in turn influence dry cleaning and laundry services market growth and drive them.

Top Impacting Factors

  • Dry-cleaning and laundry services are developed at a fair price as dependable and convenient services since busy customers are willing to pay for their laundry nowadays. During the projected term, these variables should drive demand for these services. The expanding workforce worldwide is projected to continue to fuel the need for cleaning and washing services in conjunction with increased clothing and cleaning expenditures.
  • On-demand washing services are becoming popular through an effective whole cycle approach from bookings using a smart phone to collecting, cleaning and supplying laundries on time, as directed by consumers. When consumers connect to their apps and receive comprehensive data on the delivery schedule, they may even know the state of their garments.
  • Online washing services are projected to boost the increase in internet access, smart phone usage and mobile apps. Companies use online dry cleaning and washing services to shoot the correct business strategy. With the on-demand economy growing, internet laundry services open the doors to laundry companies. Companies are increasing efforts to build high-quality mobile laundry applications.

Market Trends

Online demand washing services is driving the growth of the market.
On-demand washing services have changed the business and received customer appreciation, providing exceptional services, deals and a high level of consumer convenience. Many firms such as Cleanly and Rinse have already realized their enormous potential and are investing significantly in order to enhance their market position. 
The surge in demand from the residential market accelerates the growth of the dry-cleaning and laundry services market.
The need for dry-cleaning and laundry services in the home sector is booming as a household as families, the elderly population is increasing, and double-income households are increasing. Dual-revenue household members typically have little time or willingness to tidy up. Moreover, a senior citizen is sometimes less capable than formerly to perform cleaning duties, especially when an increasing proportion opts to stay in their homes and age. Residential dry-cleaning and laundry services will also profit from an accelerating increase in disposable personal income levels.
Convenience is the most crucial factor for consumers.
Consumer rank convenience as the topmost priority while making decisions. The introduction of Smart washing technologies also pushes the laundry services sector and gives consumers comfort via the development of IoT and wireless technologies. With the development of intelligent washing machines, the quantity of detergent required by the machine is analyzed, which reduces washing expenses by smart optimization of the utilities.
   

Key Segments Covered
Type

  • Coin-Operated Laundries & Drycleaners
  • Dry-Cleaning & Laundry Service
  • Linen & Uniform Supply
  • Household & Commercial Laundries
  • Dry-Cleaning Plants
  • Garment Pressing & Laundry Agent
  • Others

Application

  • Hotels
  • Residential
  • Commercial Laundry Services
  • Others

Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Benefits of the Report

  •  This study presents the analytical depiction of the dry-cleaning and laundry services industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the dry-cleaning and laundry services market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the dry-cleaning and laundry services market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed dry-cleaning and laundry services market analysis on the basis of competitive intensity and how the competition will take shape in coming years

Questions Answered in the Dry-cleaning and Laundry Services Market Research Report

  • Which are the leading players active in the dry-cleaning and laundry services market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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