Dry-Cleaning and Laundry Services Industry Data Book - Laundry Services, Dry-Cleaning Services and Duvet Cleaning Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Database Overview

Grand View Research’s dry-cleaning and laundry services industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.

Dry-Cleaning and Laundry Services Industry Data Book Scope

Dry-Cleaning and Laundry Services Industry Data Book Coverage Snapshot

Dry-Cleaning and Laundry Services Sector Outlook

The dry-cleaning and laundry services sector is witnessing significant growth fueled by increasing customer demand for convenient and affordable garment care solutions. Consumer spending on these services is anticipated to aid in further industry growth. The need for professional laundry services is rising as people lead hectic lives and place more value on having clean, well-kept garments. In 2022, the Harvard Business Review reported that 86.5 million Americans had used on-demand washing and dry-cleaning services at least once.

Additionally, 40% of these service users are between the age group 18 and 34, showing that the global sector is growing mostly due to the younger generation. Dry cleaning and laundry services are gaining traction in popularity as dependable, useful, and cost-effective services now that busy consumers are willing to pay for their laundry. Along with the expansion of the hospitality industry and increased franchising prospects, the market growth is also driven by the rising employment and consumer spending of individuals in economically developing countries. Smart washing machines and other technologically improved cleaning equipment that are Internet of Things (IoT) enabled are also assisting in the market's expansion by offering more effective services.

Laundry Services Market Analysis And Forecast

The laundry services market is experiencing a surge in popularity due to its reliability, advancements in laundry technology, and the ongoing trend of urbanization. These factors are expected to drive market growth in the foreseeable future. The industry is also anticipated to grow as cashless transactions become popular and digital payment methods are more widely used. It is also projected that integrating smart meters and the rising customer demand for effective and reasonably priced dry-cleaning and laundry services can contribute to the market's growth.

According to a survey commissioned by ARM & HAMMER Clean & Simple and performed by OnePoll, in August 2020, respondents spend an average of 23 hours and 36 minutes per month on cleaning and housework, roughly amounting to 5 hours and 54 minutes per week. Of this, doing the laundry accounted for 44% of the time. Respondents spend 1 hour and 12 minutes per week doing laundry, or nearly a fifth of their time on housework. This data indicates that individuals with families invest significant amounts of time and resources in doing laundry, including water, detergent, and dryer sheets.

Dry-Cleaning Services Market Analysis And Forecast

Dry cleaning is a waterless and fabric-friendly process using specialized liquids and machines to remove stains and odors. Professionals in this field employ ozone treatment, eliminating embedded odors, releasing oxygen gas, and imparting a natural fragrance to the fabric. Dry cleaning benefits individuals sensitive to smells and helps keep children's clothes odor-free.

People with hectic schedules appreciate the pick-up and delivery facility offered by online laundry service providers, in addition to washing and ironing clothes. For example, Miami-based Hamperapp offers various services ranging from detergent washing to dry cleaning across several cities in the U.S., with free pick-up and delivery. Furthermore, special discounts and cashback offers for regular customers are strategies adopted to attract and retain customers.

Duvet Cleaning Services Market Analysis And Forecast

People with busy schedules may need more time or resources to personally clean their duvets in today's fast-paced environment. A professional duvet-cleaning service is a practical answer for individuals who need to maintain bedding while saving time and effort. Professional duvet-cleaning services have the tools and expertise to effectively sanitize and clean duvets to a higher quality than a person could achieve independently.

Duvet cleaning professionals offer additional services such as odor removal and restoration for fire or flood-damaged items. They may efficiently remove ingrained odors and release oxygen gas using ozone generators, leaving behind a fresh, scent-free fabric. This encourages customers to use duvet-cleaning services more often as it appeals to people allergic to strong odors and those who want odor-free duvets. These factors will aid in the growth of the duvet cleaning services market over the forecast period.

Competitive Insights

In the market, a mix of established companies and emerging players exists. Several prominent players are strategically capitalizing on the market's growing trends while expanding their range of services to sustain and increase their market share. For instance:

• In July 2021, Alliance Laundry Systems increased its direct network infrastructure by acquiring the laundry subdivision assets of Gulf States Machinery Co. The decision to purchase the business was made in response to the admirable performance of the company's retail partners, illustrating the effectiveness of the business strategy of picking great firms in developing markets.

• In October 2020, Alsco introduced the New and Upgraded Ecosafe Washer. The product is an ideal water-based equipment washer. Grease and oil are transformed into carbon dioxide and water in the Ecosafe washer through a process known as bioremediation.