Retail Laundry Services Market worth USD 40,750.2 million by 2033

The Market Statsville Group (MSG) publishes the new report on the "Retail Laundry Services Market by Type (Dry Cleaning, and Washing & Folding), by Application (Drop-off Laundry, Self-service Laundry, and Pickup Laundry Service) and by Region – Global Share and Forecast to 2033

According to the Market Statsville Group (MSG), the global Retail Laundry Services market size is expected to grow at a CAGR of 4.5% from 2023 to 2033.

In the healthcare industry, the utmost priority is placed on patients, with healthcare offices and hospitals striving to ensure their comfort and overall well-being. One crucial aspect of providing optimal care is the provision of high-quality linens to patients. These linens not only need to be of superior quality, but they must also offer comfort. Additionally, it is essential that these linens undergo professional cleaning processes to eliminate any potential germs or toxins. By adhering to these practices, healthcare facilities can guarantee a comfortable and satisfactory experience for each patient they serve. This commitment to quality extends beyond hospitals and encompasses other healthcare settings such as day-care centers, clinics, and spa units, where the same attention to linens is crucial for ensuring the well-being and satisfaction of patients.

The growing day-care centers, especially in remote areas or rural areas in emerging economies, will require laundry services for cleaning day-care-soiled linen. In addition, during the seminars or health checkup camps the demand doubled for such services. This, in turn, promotes the market's growth in forthcoming years across the globe.

Further, the increasing demand for personal health and hygiene has increased the demand for laundry products. Such products and equipment are used to increase the life of the fabric and remove dirt through the process of washing. Also, the rising prevalence of skin-related allergies and diseases generates the need for such services. Thus, the market for laundry services is expected to grow significantly over the forecasted period.

The SPA industries also demand clean and hygienic linens to cater to the needs of the end-users and provide them with an exceptional experience. Thus, for such factors, the demand for laundry service providers is amplified as for in-house laundry services, it is difficult to manage the laundry inventories, extra space for laundry equipment set-ups, and more. So, the SPAs also out-sourced the laundry services and, thus, surged the demand for the market, contributing to its growth in forthcoming years across the globe.

Global Retail Laundry Services Market Segmentation

The retail laundry services market has been segmented into type, application, and region.

• By Type (Dry Cleaning, and Washing & Folding)
• By Application (Drop-off Laundry, Self-service Laundry, and Pickup Laundry Service)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Pickup Laundry Service segment is projected to witness the highest CAGR during the forecast period

Pickup Laundry Service segment is expected to grow at the highest CAGR of 5.6% during the forecast period. This segment refers to the convenient and hassle-free option for customers to have their laundry picked up from their desired location, such as their home or workplace, and then delivered back to them after being professionally cleaned. The growing demand for pickup laundry services due to the increasing urbanization and fast-paced lifestyles of individuals have resulted in time constraints and a greater need for convenient services. With pickup laundry services, customers can save time and effort by entrusting their laundry to professionals who handle the entire cleaning process, eliminating the need for them to visit a physical laundromat or dry cleaner.

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South America accounts for the significant growth during the forecast period

South America is expected to grow significantly in the retail laundry services market over the forecast period. The region's expanding urban population and rising disposable income levels have increased the demand for convenient and time-saving services. As individuals become busier with work and other commitments, outsourcing their laundry needs to professional service providers becomes attractive. The changing consumer preferences and the adoption of Western lifestyle patterns have contributed to the growth of the retail laundry service market in South America. As people seek convenience and efficiency, they are more inclined to opt for laundry services that can save them time and effort. Further, the tourism industry significantly drives the demand for retail laundry services in South America. The region attracts a large number of tourists who require laundry facilities during their travels. Hotels, resorts, and other accommodation providers rely on laundry services to cater to the needs of their guests, thereby creating a steady demand for retail laundry services.

This research report includes a study on the development and marketing strategies and a study on the product portfolios and winning strategies of the leading companies operating in the retail laundry services market. It also consists of the profiles of leading companies such as Johnsons Cleaners UK Limited, Timpson Ltd, 24tidy.com Incorporated, JIESHEN (Qingdao Jieshen Washing Co., Ltd.), UClean, Rinse, Inc., Tide Cleaners (P&G), Hakuyosha Japan, COMET CLEANERS, ZIPS Franchising LLC, CLEANTOPIA, E&R Laundry and Dry Cleaners, and ByNext. The key players' growing research and development activities for innovative solutions are expected to drive market growth.

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