Dry Cleaning and Laundry Services Market Analysis

Services (Laundry, Dry Cleaning, Duvet Cleaning)

Laundry segment is poised to capture dry-cleaning and laundry services market share of around 58% by the end of 2037. The largest segment of dry-cleaning and laundry services is laundry, with a market value of USD 30.16 billion in 2023. The increasing technological advancement in laundry services will propel this segment to hold the largest market.

Technical solutions for the commercial laundry services sector are still being developed as the business has grown into a profitable one. Optimal services are now more accessible than ever thanks to laundry tracking software and incredibly sophisticated washing machines.

Application (Residential, Commercial)

In dry-cleaning and laundry services market, residential segment is expected to hold revenue share of more than 67% by 2037. This expansion will be noticed because of the rising expansion of residential units globally.

According to the World Bank, currently, more than 50% of people on the planet reside in cities. The global urban population is expected to rise to 6 billion people by 2045, a 1.5-fold increase. In order to accommodate their growing population, city officials must act swiftly to plan for expansion and supply the infrastructure, affordable housing, and essential services.

Our in-depth analysis of the market includes the following segments: