Global Laundry Services Market Size & Outlook, 2022-2030
Global laundry services market, 2018-2030 (US$M)
Related Markets
Global laundry services market highlights
- The global laundry services market generated a revenue of USD 25,256.5 million in 2022 and is expected to reach USD 42,434.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.7% by 2030.
- In terms of segment, residential accounted for a revenue of USD 15,120.2 million in 2022.
- Commercial is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Italy is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 25,256.5 million |
| Market revenue in 2030 | USD 42,434.5 million |
| Growth rate | 6.7% (CAGR from 2022 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Commercial |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial |
Other key industry trends
- In terms of revenue, the North America accounted for 24.0% of the global laundry services market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 980.8 million by 2030.
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Laundry Services Market Scope
Laundry Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global laundry services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laundry services market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 59.87% in 2022. Horizon Databook has segmented the Global laundry services market based on residential, commercial covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Laundry Services Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
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Our clientele includes a mix of laundry services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global laundry services market , including forecasts for subscribers. This global databook contains high-level insights into Global laundry services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global laundry services market size, by regions, 2018-2030 (US$M)
Top 10 countries: Laundry services market size, 2022 (US$M)
Global laundry services market share, by application, 2022 & 2030 (%, US$M)
Laundry services market: Opportunity assessment by country
Global laundry services market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 4,770.9 | 4,952.3 | 5,497.6 | 5,770.9 | 6,072.0 | 6,404.0 | 6,770.0 | 7,173.6 | 7,619.2 | 8,111.4 | 8,655.3 | 9,257.0 | 9,724.0 | 6.1% |
| Europe | 5,557.7 | 5,746.7 | 6,355.2 | 6,644.9 | 6,964.3 | 7,316.1 | 7,703.6 | 8,130.6 | 8,601.3 | 9,120.4 | 9,692.7 | 10,324.3 | 10,581.1 | 5.4% |
| Asia Pacific | 6,737.4 | 7,067.7 | 7,929.3 | 8,411.1 | 8,943.2 | 9,531.3 | 10,181.9 | 10,902.3 | 11,700.9 | 12,587.2 | 13,571.5 | 14,665.9 | 16,684.1 | 8.1% |
| Latin America | 1,450.8 | 1,513.0 | 1,687.3 | 1,779.4 | 1,881.0 | 1,993.1 | 2,116.8 | 2,253.5 | 2,404.5 | 2,571.7 | 2,757.0 | 2,962.5 | 3,095.1 | 6.4% |
| MEA | 1,064.1 | 1,114.0 | 1,245.0 | 1,317.1 | 1,396.0 | 1,482.2 | 1,576.4 | 1,679.5 | 1,792.4 | 1,916.4 | 2,053.7 | 2,205.9 | 2,350.2 | 6.7% |
| Overall | 19,580.9 | 20,393.7 | 22,714.4 | 23,923.4 | 25,256.5 | 26,726.7 | 28,348.7 | 30,139.5 | 32,118.3 | 34,307.1 | 36,730.2 | 39,415.6 | 42,434.5 | 6.7% |
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