Laundry Facilities and Dry-cleaning Services Market: Introduction
The laundry facilities and dry-cleaning services market is involved in the sales of laundry and cleaning services and related goods. Earlier, these services were only available in premium hotels. But currently, consumers can avail the services on demand whenever required. Laundry and dry cleaning can be classified into retail laundry/dry cleaning services and coin-operated laundry/dry cleaning services. Retail service providers pick up the clothes and linen from customers, cleans, and delivers them back to the customers at a preferred time. On the other hand, coin-operated services are self-service stores. Laundry and drycleaning services are also provided on a rental or contract basis to different organizations which have a regular and bulk need for such services (railways, hotels, etc.).
Key Drivers of the Global Laundry Facilities and Dry-cleaning Services Market
In today’s era of busy lifestyles, consumers are opting for services that save their time and are convenient. This change in consumer behavior is driving the market.
Increase in the working population coupled with rising consumer spending on such services due to convenience is further expected to fuel the growth of the market during the forecast period.
Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=82663 Laundry Facilities and Dry-cleaning Services Market: Key Segments
The global laundry facilities and dry-cleaning services market can be segmented based on type, operation, application, and region. Based on type, the laundry facilities and drycleaning services market can be classified into laundry, dry cleaning, and duvet clean. Based on operation, the market can be segmented into retail laundry & dry-cleaning services, coinoperated services, and rental and contract basis services. The retail laundry & dry-cleaning services segment held the dominant revenue share in 2020. It is also expected to expand during the forecast period as it is emerging as a reliable and convenient service at a reasonable price. Based on application, the market can be categorized into residential, commercial, and industrial. The residential application accounted for largest market share in 2020. An increase in spending on clothes and their cleaning is projected to boost the market during the forecast period.
Asia Pacific the Leading Market for Laundry Facilities and Dry-cleaning Services
By region, the global laundry facilities and dry-cleaning services market is classified into, North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. Country-level analysis and forecast of the Europe market covers the laundry facilities and dry-cleaning services market in the U.K., Germany, France, and Rest of Europe. The country-level analysis and forecast of the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast include GCC countries, South Africa, and Rest of Middle East & Africa. The South America laundry facilities and drycleaning services market is categorized into Brazil, and Rest of South America.