PUBLISHER: SkyQuest | PRODUCT CODE: 1734469
PUBLISHER: SkyQuest | PRODUCT CODE: 1734469
U.S. Laundry Facilities Dry Cleaning Services Market size was valued at USD 15.3 billion in 2023 and is poised to grow from USD 16.23 billion in 2024 to USD 26.07 billion by 2032, growing at a CAGR of 6.1% during the forecast period (2025-2032).
The rising demand for laundry and dry-cleaning services is closely tied to the expanding workforce and heightened awareness of personal hygiene following the pandemic. As many individuals juggle remote work, often leading to time constraints, laundry becomes a burdensome chore for full-time employees. This situation generates a significant opportunity for online laundry services, with numerous providers implementing promotional discounts to draw in customers. As personal care and hygiene gain importance, influenced by social media and fashion trends, the market for laundry facilities and dry cleaning continues to grow. Innovations such as computerized lockers in workplaces and residential buildings facilitate convenient 24/7 access for customers, who receive notifications via text once their laundry is ready, enhancing user experience and service efficiency.
Top-down and bottom-up approaches were used to estimate and validate the size of the U.S. Laundry Facilities Dry Cleaning Services market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
U.S. Laundry Facilities Dry Cleaning Services Market Segments Analysis
U.S. Laundry Facilities Dry Cleaning Services Market is segmented by Type and Mode of Operation. Based on Type, the market is segmented into Retail Laundry or Dry Cleaning, Corporate or Industrial Laundry Services and Others. Based on Mode of Operation, the market is segmented into Store Pick-Up & Delivery and Site Pick-Up & Delivery.
Driver of the U.S. Laundry Facilities Dry Cleaning Services Market
The growth of the U.S. laundry facilities and dry cleaning services market is anticipated to be propelled by several factors, including technological innovations within the laundry sector and an increase in urbanization. The increasing adoption of cashless payment options for traditionally coin-operated laundry services is also likely to boost market demand. Additionally, the integration of smart meters and a rising consumer preference for dry-cleaning and laundry services, which offer convenience at competitive prices, are key drivers that will support the expansion of this market throughout the forecast period.
Restraints in the U.S. Laundry Facilities Dry Cleaning Services Market
The U.S. Laundry Facilities Dry Cleaning Services market faces several logistical challenges that can hinder its growth. Unlike conventional food delivery or e-commerce operations, a Laundry and Dry-Cleaning (LDC) business requires delivery personnel to make two trips for each order-first to collect the garments and then to return them post-processing. This dual-trip requirement increases operational complexity and time management issues. Furthermore, if customers request their items to be rewashed, the delivery logistics become even more convoluted, potentially leading to delays and inefficiencies. Such complications can deter potential customers, ultimately affecting the profitability of this sector.
Market Trends of the U.S. Laundry Facilities Dry Cleaning Services Market
The U.S. Laundry Facilities Dry Cleaning Services market is witnessing a significant shift towards cashless self-service and coin-operated laundries, driven by the increasing adoption of electronic payment solutions such as RFID contactless credit cards and NFC-enabled mobile wallets. This trend is fueled by the need for convenience and efficiency, as cashless systems not only streamline payment processes but also alleviate the burdens of cash management and theft risk associated with traditional cash-operated machines. As consumers seek greater accessibility and security, the market is evolving to meet these demands, positioning cashless technology as a key driver of growth in the industry.