U.S. Laundry Facilities & Dry-Cleaning Services Market Is Estimated To Grow At A CAGR Of 4.0% From 2021 To 2028

 U.S. Laundry Facilities & Dry-Cleaning Services Industry Overview

The U.S. laundry facilities and dry-cleaning services market size is expected to reach USD 14.4 billion by 2028, according to a new report by Grand View Research, Inc. It is estimated to grow at a CAGR of 4.0% from 2021 to 2028. An increasing number of dry cleaning and laundry service companies are offering 24-hour drop-off and pick-up services through either locker systems or automated kiosks. This allows people to drop off or pick up clothing at the most convenient times for them.

 

Some companies are also experimenting with driver pickup and delivery options through smartphone applications, which is boosting the market growth. Several coin- and card-operated laundry facilities now use "smart" washing machines and dryers that allow users to pay using a cell phone or swiping an ID card. Customers can check on machine availability remotely or receive a text message alert when their load is complete. Such systems also allow owners to remotely monitor machine performance and maintenance needs.

Plp0 addition, increased discretionary incomes and lifestyle changes have created new lucrative markets for dry cleaners, such as wash-dry-fold services that charge per pound, and pickup and delivery services. Other services include button and zipper replacement, tuxedo rental, shoe repair and shoe shining, monogramming, and reweaving. Additional products, such as shoelaces, lint rollers, or moth repellents, can be sold on-site.

Based on type, the market is segmented into coin-operated services, retail laundry & dry-cleaning services, corporate/industrial laundry services, and others. The retail laundry or dry clean service segment held the largest revenue share in 2020 owing to the high adoption of these services by consumers. Moreover, retail laundry services are emerging as reliable and convenient services at a reasonable price. These factors are expected to drive the segment growth during the forecast period.

The potential spread of bacterial diseases and infections due to contaminated interior textiles is majorly driving this segment’s growth. Regionally, the West laundry facilities & dry-cleaning services market accounted for the highest revenue share of 25.0% in 2020 and is expected to expand at the fastest CAGR of 4.7% over the forecast period. Factors, such as the rising number of working individuals and hectic lifestyles, are boosting the adoption of laundry facilities and dry-cleaning services, which drives the market.


U.S. Laundry Facilities & Dry-Cleaning Services Market Segmentation

Grand View Research has segmented the U.S. laundry facilities and dry-cleaning services market on the basis of type:

Based on the Type Insights, the market is segmented into Coin-operated Services, Retail Laundry/Dry Clean, Corporate/Industrial Laundry, and Others.

  • The coin-operated services segment led the market in 2020 with a revenue share of over 36% and is projected to retain its leading position throughout the forecast period. The demand for these services is primarily driven by the growing number of working individuals in the country.

 

  • The retail laundry/dry clean service segment is projected to register the fastest CAGR of 4.6% over the forecast period. Retail laundry services are emerging as a reliable and convenient service at a reasonable price as, nowadays, due to changing lifestyles and hectic work schedules, which, in turn, drive the growth of this segment.

 

Key Companies & Market Share Insights

The market is highly fragmented owing to the presence of a large number of unorganized players making the market highly competitive. The prominent companies are actively channelizing their efforts and undertaking growth strategies, such as product innovation, expansion on online platforms, and others. A moderate level of capital expenditure is required to establish a business.

Thus, small- and medium-scale companies will have significant growth in the coming years. Market players are also focusing on garnering investment to expand their reach and strengthen their industry position. For instance, Cleanly generated funding of USD 2.3 million to enhance its product offering. Some of the leading players in the U.S. laundry facilities and dry-cleaning services market include:

  • CSC ServiceWsorks
  • EnviroStar, Inc.
  • Alliance Laundry Systems LLC
  • The Huntington Company
  • Yates Dry Cleaning & Laundry Services
  • ZIPS Dry Cleaners
  • Lavatec Laundry Technology GmbH
  • Angelica
  • Cleanly
  • FlyCleaners

 

Order a free sample PDF of the U.S. Laundry Facilities & Dry-Cleaning Services Market Intelligence Study, published by Grand View Research.

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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