In 2023, the laundry facilities and dry cleaning services industry in the United States achieved a valuation of USD 11,913.7 million. Showing year-on-year growth of 3.8% in 2023, the demand for these services is projected to increase to USD 12,368.6 million in 2024. Looking ahead, the industry is forecasted to experience a Compound Annual Growth Rate (CAGR) of 4.8% over the projection period, aiming to reach a valuation of US$ 19,675.7 million by 2034.
In this nation, call centre retail laundry or dry clean services are frequently injected with on-call option because they use a complete strategy from planning till giving, in accordance with the demand of the customer, from booking through app, gathering, cleaning and washing, and finally returning washed clothes at set times. Consumers are perfectly aware of where there clothes are and can log in to see the stage of delivery they are at, through the app.
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The growing adoption of the Internet in the United States has bolstered the market for internet services. The procurement of expensive and delicate fabric garments has risen as the number of dual-income households has increased. As a result, the aforementioned factors are expected to propel the market.
Key Takeaways from Market Study
- The Northeast United States laundry facilities, and dry-cleaning services Industry is expected to grow at a CAGR of 4.6% from 2023 to 2033.
- In regards to revenue, coin-operated machines governed the market in 2021, accounting for 37% of the total.
- From 2023 to 2033, the retail laundry or dry clean service segment is expected to grow at a 5.3% CAGR.
- Based on a Planet Laundry survey, the coronavirus reduced laundry shareholders’ average earnings by 6.9% between 2019 and 2020.
- The S. Laundry Facilities and Dry-Cleaning Services market was estimated at a market value of US$ 10.9 Billion in 2022.
“As more people join the workforce in the United States, there is a greater tendency for competent laundry facilities and dry-cleaning services to save both time and energy. A large percentage of these facilities and services’ customers are working professionals who struggle to find time for their daily chores because of their hectic schedules or late-night professions.” says an analyst at Future Market Insights.
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Key Market Players
Key players in the Laundry Facilities And Dry-Cleaning Services market are
- CSC Service Works Inc.
- Lapels Dry Cleaning
- Yates Dry Cleaning & Laundry Services
- ByNext
- Martinizing Dry Cleaning
- Angelica Corporation
- Tide Cleaners
- Rinse, Inc.
- ZIPS Cleaners
- The Huntington Company
- Alsco Pty Ltd.
- Alliance Laundry Systems LLC.
- Others (as requested)
Because of the presence of numerous unorganized players, the market is highly fragmented. These players are distinguished by a limited number of services in their portfolio, which cater primarily to domestic customers. Key players are working hard to broaden their reach and strengthen their position in the global market. These players account for a very small percentage of the market.
- The Alliance for Strong Families, the biggest national umbrella group of community centers, participated CSC in June 2021. Additionally, during the year, local CSC teams collaborated with these community centers on a wide range of volunteer opportunities, such as offering food and clothing, painting or servicing playgrounds or common spaces, and more.
- Lapels Cleaners announced the launch of a Lapels Cleaners in Queen Creek, Arizona in April 2022. The new place emphasized ‘Future Garment Care,’ by satisfying the requirements of clients regardless of the cleaning procedure.
- Alsco launched the new and enhanced Ecosafe Washer in October 2020. The product is ideal for cleaning water-based equipment. In the Ecosafe washer, grease and oil are converted into carbon dioxide and water via a procedure termed as bioremediation.
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Key Segmentations:
By Type:
- Coin-Operated Services
- Retail Laundry/ Dry Cleaning Services
- Corporate/Industrial Laundry Services
- Others
By Region:
- Northeast
- Southwest
- Midwest
- West
- Southeast
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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