LONDON--(BUSINESS WIRE)--Technavio has been monitoring the dry-cleaning and laundry services market and it is poised to grow by USD 13.75 bn during 2019-2023, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download The Latest Free Sample Report of 2020-2024
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CSC ServiceWorks, EVI Industries Inc., Huntington Cleaners & Shirt Laundry, Mulberrys LLC, Procter & Gamble Co., and Zipjet Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Smart-laundry technology has been instrumental in driving the growth of the market.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/dry-cleaning-and-laundry-services-market-industry-analysis
Dry-cleaning and Laundry Services Market 2019-2023: Segmentation
Dry-cleaning and Laundry Services Market is segmented as below:
-
End-user
- Commercial
- Residential
- Coin-operated
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Dry-cleaning and Laundry Services Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The dry-cleaning and laundry services market report covers the following areas:
- Dry-cleaning and Laundry Services Market Size
- Dry-cleaning and Laundry Services Market Trends
- Dry-cleaning and Laundry Services Market Industry Analysis
This study identifies the availability of online laundry services as one of the prime reasons driving the dry-cleaning and laundry services market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Dry-cleaning and Laundry Services Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist dry-cleaning and laundry services market growth during the next five years
- Estimation of the dry-cleaning and laundry services market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the dry-cleaning and laundry services market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of dry-cleaning and laundry services market, vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Commercial - Market size and forecast 2018-2023
- Residential - Market size and forecast 2018-2023
- Coin-operated - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Sustained practices of laundry
- Cashless payment for coin-based laundry
- Transition toward online laundry services
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- CSC ServiceWorks
- EVI Industries Inc.
- Huntington Cleaners & Shirt Laundry
- Mulberrys LLC
- Procter & Gamble Co.
- Zipjet Ltd.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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