The market for laundry facilities and dry-cleaning services in the United States reached a valuation of US$ 11,913.7 million in 2023. Demand for laundry facilities and dry cleaning services recorded Y-o-Y growth of 3.8% in 2023 and is estimated to reach US$ 12,368.6 million in 2024. Over the projection period, the laundry facilities and dry cleaning services in the United States are projected to exhibit a 4.8% CAGR and reach US$ 19,675.7 million by 2034.
In this nation, call centre retail laundry or dry clean services are frequently injected with on-call option because they use a complete strategy from planning till giving, in accordance with the demand of the customer, from booking through app, gathering, cleaning and washing, and finally returning washed clothes at set times. Consumers are perfectly aware of where there clothes are and can log in to see the stage of delivery they are at, through the app.
Though the COVID-19 pandemic seems to be diminishing in terms of its influence, it still has an increasingly growing effect on economic issues. The ripple effects that the epidemic has had and will continue to have on a national and global scale are amazing from laundry companies temporarily going offline to total closure. “A survey conducted by Planet Laundry indicates that the coronavirus has diminished laundry shareholders’ average earnings between 2019 and 2020 by as much as percent”
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The growing adoption of the Internet in the United States has bolstered the market for internet services. The procurement of expensive and delicate fabric garments has risen as the number of dual-income households has increased. As a result, the aforementioned factors are expected to propel the market.
Key Takeaways from Market Study
“As more people join the workforce in the United States, there is a greater tendency for competent laundry facilities and dry-cleaning services to save both time and energy. A large percentage of these facilities and services’ customers are working professionals who struggle to find time for their daily chores because of their hectic schedules or late-night professions.” says an analyst at Future Market Insights.
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Key Market Players
Key players in the Laundry Facilities And Dry-Cleaning Services market are CSC ServiceWorks, Inc., Lapels Dry Cleaning, Yates Dry Cleaning & Laundry Services, ByNext, Lavatec Laundry Technology GmbH, Angelica Corporation, Tide Cleaners, FlyCleaners, ZIPS Dry Cleaners, The Huntington Company. Because of the presence of numerous unorganized players, the market is highly fragmented. These players are distinguished by a limited number of services in their portfolio, which cater primarily to domestic customers. Key players are working hard to broaden their reach and strengthen their position in the global market. These players account for a very small percentage of the market.
Key Segments Profiled in the Laundry Facilities And Dry-Cleaning Services Market Industry Survey
Laundry Facilities And Dry-Cleaning Services Market By Type:
Laundry Facilities And Dry-Cleaning Services Market By Region:
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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