The U.S. laundry facilities & dry cleaning services market is expected to reach USD 14.1 billion by 2025, according to a new report by Grand View Research, Inc. The surge in the on-demand services, in which a customer’s laundry is picked up at home and returned clean, is anticipated to fuel the demand in coming years. Several factors such as e-laundry apps are anticipated to drive the growth.
Companies are implementing new technology to automate the washing and delivery process, resulting in faster turnaround times. On-demand solutions have been using digital marketing and consumer engagement on social platforms to ramp up interest. This factor is expected to be attributing toward the market growth in coming years.
In addition, investors have been investing heavily to fund start-ups in the expanding on-demand laundry industry. Dry cleaners looking to modernize their assembly process may want to consider newer systems that automate sorting and tagging through technologies such as the cloud and Internet of Things. The dry cleaning sector is starting to incorporate computerized lockers inside office or apartment buildings that allow customers to pick up and drop off their laundry 24/7. Drivers pick up, clean, and then return the clothing to the locker. Then the customer is notified by text message when their clothing is ready to be picked up at the locker. These aforementioned factors are attributing towards the increased adoption.
Full research report on U.S. laundry facilities & dry cleaning services market analysis:
Further Key Findings From the Report Suggest:
Increase in adoption of highly automated machines for dry cleaning and laundry is expected to fuel the market growth
Retail/dry cleaning services segment held the dominant revenue share as of 2016 owing to the high demand from consumer end
Coin or card operated dry cleaning services are anticipated to witness lucrative growth in coming years
The market is highly fragmented in nature with various companies are operating in this sector
They are involved in adopting extensive growth strategies such as entering into strategic alliances, increasing product differentiation and expansion of product portfolio in an attempt to capture larger share of the market.
Industry rivalry is expected to remain at higher level over the forecast period. Furthermore, companies offering services with high quality and sustainable solutions by major market players is expected to keep industry rivalry at higher level
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Grand View Research has segmented the global U.S. laundry facilities & dry cleaning services market on the basis of type:
U.S. Laundry Facilities & Dry Cleaning Services Type Outlook (Revenue, USD Million, 2014 – 2025)
Retail Laundry/Dry Clean Services
Coin Operated Services
Corporate/Industrial Laundry Services
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/us-laundry-facilities-dry-cleaning-services-market-analysis
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com
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