Forecast of the Future Development Trends of the Global Laundry Market Segments from 2021 to 2026

Recently, a deep research report on the global laundry market aroused widespread concern in the laundry industry. Research and Markets focused on the dynamic of the global laundry market and analyze each subdivision in detail to show a industry blueprint with challenges and opportunities to practitioners and investors.

Market Analysis

❑ Service types

In the market which is divided by service types, the linen and garment supplies should account for the largest proportion. In 2021, it occupied 55.4% of the total market share. It is expected to be the fastest growing sector with a compound annual growth rate of 4.9% from 2021-2026.

❑ Machine types

● Market of coin-operated laundromats

The market of coin-operated laundromats is further divided into coin-operated delivery shops and coin-operated laundry shops. The coin-operated laundry shops accounted for 50.3% of the total market share, while the coin-operated delivery shops are expected to take the lead with a CAGR of 3.6% from 2021 to 2026.

● Market of non-coin-operated laundromats

In the non-coin-operated laundry services market, dry cleaning plants accounted for the largest share of 62.6% in 2021. However, the part of “all the other laundry services” will greatly develop at a CAGR of 4.9%.

❑Final Use

In the subdivision of the linen and garment supplies market, industrial laundry services accounted for 53.4% of the total market in 2021. However, the part of linen supplies will take the lead at a CAGR of 5.3%.

Commercial laundry services became the biggest winner of laundry service market which is divided by final use because it accounted for 69.1% of total market share in 2021. Its CAGR will reach 4.2%, keeping taking the lead in 2026.

❑ Channels of distribution

The offline laundry services take the leading place with 83.2% of total market share in 2021. While the online laundry services become the the fastest growing area in 2026 with a CAGR of 7.7%.

Conclusion

It is worth noting that the current dry cleaning and washing services market is highly fragmented, with a large number of regional and small businesses active. In 2021, the cumulative market share of the top ten competitors in the market is only 17.37%, which means that the industry entry threshold is relatively low and full of entrepreneurial opportunities. It also indicates that the road to market integration and branding development is a long way to go. In 2025 and 2026, who can seize the opportunity and stand out in the various segments of the global washing market, let us wait and see.

The data in this article is from the Dry-Cleaning And Laundry Services Global Market Opportunities And Strategies To 2031 (researchandmarkets.com).