Press Release

Dry-Cleaning and Laundry Services Market to Grow with a CAGR of 7.10% Globally through 2029

The global dry-cleaning and laundry services market is growing rapidly, driven by growing demand for on-demand services and rising hospitality and tourism industry are key market trends.

 

According to TechSci Research report, “Dry-Cleaning and Laundry Services Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the global dry-cleaning and laundry services market stood at USD 71.14 billion in 2023 and is anticipated to grow with a CAGR 7.10% in the forecast period, 2025-2029. The global dry-cleaning and laundry services market is a dynamic sector experiencing growth propelled by changing consumer lifestyles, technological advancements, and environmental awareness. Urbanization and rising disposable incomes drive demand, while digital transformation and online platforms enhance customer experiences. The industry embraces sustainability with eco-friendly practices and faces challenges such as stringent regulations and labor shortages. Specialized services and on-demand options cater to evolving consumer preferences, while the COVID-19 pandemic has accelerated contactless solutions. Overall, the market reflects a blend of innovation, convenience, and sustainability, shaping the future trajectory of professional garment care worldwide.

 

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Sustainability has emerged as a key theme, shaping the industry's trajectory. Heightened environmental consciousness among consumers is driving a move away from traditional dry-cleaning solvents, such as perchloroethylene, towards eco-friendly alternatives. Businesses are embracing green cleaning technologies, eco-friendly packaging, and energy-efficient machinery to reduce their ecological footprint. This commitment to sustainability not only aligns with societal expectations but also serves as a competitive advantage for businesses aiming to capture the growing market of environmentally conscious consumers.

The COVID-19 pandemic has added a layer of complexity to the landscape, intensifying the focus on hygiene and safety. Contactless and touchless solutions have become paramount, with businesses implementing strategies to minimize physical interactions. From contactless pickups and deliveries to touchless payment systems, the industry has swiftly adapted to meet evolving health and safety expectations. This emphasis on hygiene is expected to persist, influencing long-term industry practices and further integrating technology into the customer journey.

In the realm of competition and pricing, the market is characterized by both opportunities and challenges. Intense competition, fueled by the presence of local and international players, has led to pricing pressures as businesses strive to attract and retain customers. To navigate this challenge successfully, businesses are increasingly focusing on differentiation. Offering specialized cleaning services has emerged as a trend, allowing businesses to cater to unique customer needs, such as luxury garments, delicate fabrics, or household textiles. This specialization not only sets businesses apart but also opens up new revenue streams in niche markets.

However, the industry is not without its challenges. Environmental regulations pose a significant hurdle, with governments globally implementing stricter standards for the use of chemicals in the dry-cleaning process. Adapting to these regulations requires considerable investment in alternative, eco-friendly cleaning methods and solvents, presenting a financial and operational challenge for businesses. Labor shortages, particularly in skilled roles, add another layer of complexity. The demand for skilled dry-cleaning professionals is growing, but attracting and retaining qualified employees poses a significant challenge.

Consumer trust is paramount in the dry-cleaning and laundry services market. Issues related to lost or damaged items, inconsistent cleaning quality, or delays in service can erode trust and impact a business's reputation. Building and maintaining consumer trust involves a commitment to transparency, effective communication, and a focus on customer satisfaction. Moreover, changing consumer preferences add an element of unpredictability. The industry must stay attuned to evolving customer expectations, whether related to sustainability, technological integration, or specialized services.

The global dry-cleaning and laundry Services market is segmented into service type, end user, business type, regional distribution, and company.

Based on end user, the market is segmented into commercial, and residential.

The commercial segment is experiencing notable growth in the global dry-cleaning and laundry services market. With an increasing number of businesses outsourcing their laundry needs, commercial entities are becoming a significant consumer base for professional laundry services. This trend is driven by the desire for cost-effectiveness, time efficiency, and the assurance of high-quality cleaning. Commercial establishments, including hotels, restaurants, and healthcare facilities, are recognizing the benefits of entrusting their laundry requirements to specialized service providers, contributing to the expanding market share of the commercial segment in the dynamic and evolving landscape of professional garment care.

 

Major companies operating in global dry-cleaning and laundry services market are:

  • Alliance Laundry Systems LLC
  • The Huntington Company
  • ZIPS Cleaners
  • Alsco Pty Limited
  • Rinse, Inc.
  • Marberry Cleaners & Launderers, Inc.
  • The Procter & Gamble Company (Tide Dry Cleaners)
  • Siderblue Limited  (BONI)
  • East Rand Cleaners
  • AL Rafidain Laundry

 

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“The global dry-cleaning and laundry services market is undergoing a transformative shift, fueled by changing consumer lifestyles, technological advancements, and a heightened emphasis on sustainability. Urbanization, rising disposable incomes, and the convenience of digital platforms are driving increased demand. The industry is evolving with a strong focus on eco-friendly practices, leveraging technology for operational efficiency, and adapting to the challenges posed by environmental regulations and labor shortages. Specialized services, on-demand options, and a post-pandemic emphasis on hygiene further characterize this dynamic market, where businesses are navigating competition, pricing pressures, and evolving consumer expectations for a more sustainable and technologically integrated future.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Dry-Cleaning and Laundry Services Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Service Type (Dry Cleaning, Duvet Cleaning, Laundry, Others), By End User (Commercial, Residential), By Business Type (Online, Offline), By Region, By Competition, 2019-2029”, has evaluated the future growth potential of global dry-cleaning and laundry services market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global dry-cleaning and laundry services market.

 

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Dry-Cleaning and Laundry Services Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Service Type (Dry Cleaning, Duvet Cleaning, Laundry, Others), By End User (Commercial, Residential), By Business Type (Online, Offline) By Region, By Competition, 2019-2029

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The global dry-cleaning and laundry services market is growing rapidly, driven by growing demand for on-demand services and rising hospitality and tourism industry are key market trends

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