![]() The dry-cleaning plants segment was the largest segment of the dry-cleaning and laundry services (except coin-operated) market in 2018 at 65.7% or $24.4 billion. The dry-cleaning and laundry services (except coin-operated) market is further segmented into household and commercial laundries, dry-cleaning plants, garment pressing and agents for laundries, and all other laundry and garment services. The coin-operated laundry routes segment is expected to be the fastest-growing segment going forward at a CAGR of 11.4%. The coin-operated laundries and dry-cleaning stores segment was the largest segment of the coin-operated laundries and drycleaners market in 2018 at 53.2% or $9.4 billion. The coin-operated laundries and drycleaners market is further segmented into coin-operated laundry routes and coin-operated laundries and dry-cleaning stores. The linen supply segment is expected to be the fastest-growing segment going forward at a CAGR of 13.3%. ![]() The industrial launderers segment was the largest segment of the linen and uniform supply market in 2018 at 54.9% or $35.4 billion. The linen and uniform supply market is further segmented into linen supply and industrial launderers. The linen and uniform supply segment is expected to be the fastest-growing segment going forward at a CAGR of 12.1%. The linen and uniform supply segment was the largest segment of the dry-cleaning and laundry services market in 2018 at 54.2% or $64.5 billion. ![]() The dry-cleaning and laundry services market is segmented by type of service into linen and uniform supply, dry-cleaning and laundry services (except coin-operated) and coin-operated laundries and dry cleaners. Factors that could hinder the growth of the dry-cleaning and laundry services market in the future include changing clothing trends, rising minimum wages, shortages of skilled human resources, low penetration of organized laundry services in developing economies, and changing industry regulations. Going forward, growth in the hospitality sector, increasing internet penetration, rising franchising opportunity, faster economic growth, busy lifestyles of people and technological advances in the laundry industry will drive growth. Factors that negatively affected growth in the historic period were growth in consumers' preference for at-home washing, the emergence of automatic all-in-one household washing machines, a rise in real estate rental prices, and low profit margins. Growth in the historic period resulted from strong economic growth in emerging markets, rapid urbanization, a rise in the number of single person households, and growth in the healthcare services sector. The global dry-cleaning and laundry services market size reached a value of nearly $118.9 billion in 2018, having grown at a compound annual growth rate (CAGR) of 8.7% since 2014, and is expected to grow at a CAGR of 10.9% to nearly $180 billion by 2022. It covers two five-year periods, 2014 to 2018, termed the historic period, and 2018 through 2022, the forecast period. This report describes and evaluates the global dry-cleaning and laundry services market. DUBLIN-( BUSINESS WIRE)-The "Dry-Cleaning And Laundry Services Global Market Opportunities And Strategies To 2022" report has been added to 's offering.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |