Dry Cleaning and Laundry Services Market Share

APAC Market Statistics

Asia Pacific industry is expected to hold largest revenue share of 35% by 2037. The region’s dry-cleaning and laundry services sector is thriving, because of the rising middle-class population and rising incomes of people. According to the Asian Development Bank, in the past several decades, developing Asia's middle class (USD 2-USD 20) has expanded significantly in comparison to other global areas. Moreover, more than USD 1.8 trillion in total yearly middle-class expenditure added more than 800 million individuals to the middle class.

The market for dry-cleaning and laundry services has expanded in China as a result of the rising population and their inclination towards cleanliness and advanced material in this country. China's population is estimated to have decreased from 1.412 billion in the 2020 census to 1.409 billion in 2023.

The Indian dry-cleaning and laundry services development mainly lies in the rising investment in healthcare infrastructure, and growing spending. India ranks second with 205 million new middle-class citizens and USD 256 billion in yearly middle-class spending.

Japan will also be a significant place in the growth of dry-cleaning and laundry services  because of the increasing commercial sector in this region. Japan has more than 5.3 million non-governmental commercial enterprises, according to the country's most recent national census. Private businesses, such as single proprietorships and incorporated firms, made up the bulk of these entities.

North American Market Analysis

North America dry-cleaning and laundry services market revenue is projected to grow at a significant rate till 2037 owing to the increasing demand for organic home care products in this region. The demand for cleaning goods, including hand sanitizers, disinfectants, and other household cleaning products, is unprecedented for retailers.

Dry-cleaning and laundry services are especially in actual demand in the U.S., driven by the rising use of eco-friendly solvents for cleaning. The percentage of American products promoted with green chemistry increased to 15.10% in 2020. Highlighting the growing need for and acceptance of green chemistry solutions across a range of sectors.

In Canada, dry-cleaning and laundry services will encounter massive growth because of the increasing presence of online laundry services. Customers may now outsource these tasks as on-demand laundry apps have become popular in Canada. These applications offer doorstep pickup and delivery choices to their users.