The market for laundry and dry cleaning services is now valued at US$ 50.1 billion and is anticipated to grow at a CAGR of 4.3% from 2022 to 2032 to reach a market worth of US$ 76.3 billion.
Nearly every consumer industry is experiencing a significant rise in demand for their goods and services amid a stable economic climate and better employment circumstances. After COVID, the consumer sector had a V-shaped demand rebound. People today spend a significant portion of their money on food and clothing. Those with more disposable income are purchasing expensive clothing for themselves or for their loved ones, as well as pricey clothing that needs high-quality care. exorbitant or
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Segmentation of Laundry and Dry Cleaning Services Industry Research
- By Type :
- Self-Service
- Conventional
- By End User :
- Residential
- Commercial
- By Distribution Channel :
- Online
- Offline
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
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Key Companies Profiled
- Alliance Laundry Systems LLC
- Cintas Corporation
- CWS Internationa
- Dry Harder
- DryClean USA,
- Elis SA
- https://tlhindia.in/
- La Teinturerie
- Lapels Cleaners
- Martinizing Dry Cleaners
- PRESSTO
- PWS Laundry
- The Laundry House
- Top Dry Cleaners
- UniFirst Corporation
- Zoots
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Competitive Landscape
The global laundry and dry cleaning market is highly unorganized. There are many small-scale and large organizations operating and trying to increase their market share by using organic and inorganic business activities. In the recent past, the industry has witnessed several mergers and acquisitions.
- Lapels Dry Cleaning, acquired several companies in the year 2021 and has merged them all into a new entity named Clean Brands. Through these acquisitions, Lapels has become the largest dry cleaning company in the world.
- In May 2021, Ringe, one of the leading dry cleaners in the U.S., acquired ButlerBox, a Los Angeles-based dry cleaning company.
