Forecast of the Regional Growth Trend of the Global Laundry Market from 2021 to 2026

In terms of geographic distribution, North America became the top of the global laundry services market, accounting for 33.6%. The Asia-Pacific, Western Europe, and other regions follow.

Looking ahead, the Middle East and Africa are expected to be the fastest-growing regions for the dry cleaning and water washing services market at a CAGR of 6.7% and 6.4%, respectively. The South America and Asia-Pacific are next, with market CAGRs of 5.4% and 4.8%, respectively.

Market Opportunities

● The largest opportunity for the global linen and garment supplies market lies in the part of supply. By 2026, it is expected to contribute an increase of $15.6 billion in global annual sales.

● The biggest opportunity in the global coin-operated laundry and dry cleaning market is focused on coin-operated laundry distribution stores. It is expected to add $1.4 billion in annual global sales in 2026.

● The greatest opportunity in the global non-coin-operated laundry services market is highlighted in the dry cleaning plant segment. It is expected to boost global annual sales by $2.5 billion by 2026.

● The linen part of the global linen and garment supplies market cannot be looked down upon similarly. By 2026, it is expected to add $7.9 billion in annual global sales.

● In the laundry services market which is divided by final use, the commercial laundry service part has a big potential. It is expected to boost global annual sales by 12.3 billion by 2026.

● In the dry cleaning and water washing services market which is divided by distribution channels, the offline part will be the biggest winner. By 2026, it is expected to contribute $15.2 billion in global annual sales growth.

It is worth mentioning that the United States will be the main ground for the growth of the dry cleaning and laundry services market size, which is expected to increase by up to $6.9 billion.

Solutions of the Enterprises

❑ Innovative models

When facing such a market filled with changes and opportunities, enterprises all make policies to positively react. On the basis of the market trend, on-demand laundry services, no-cash self-service laundry, diversified laundry services, sustainable laundry services, and other innovative models continue to emerge, and mergers and acquisitions are becoming more frequent.

❑ Social media

They also use social media to expand their customers' resources. Some supermarkets even provide dry cleaning services across boundaries and the franchise operating model is more and more popular.

❑ The internal strategy of the enterprises

On the one hand, they strengthen the service business by strategic acquisitions to enrich the product portfolio, on the other hand, by optimizing uniform rental and facility service capabilities, they strive to expand the customer base by optimizing uniform rental and facility service capability.

Conclusion

Kingstar will keep paying attention to the dynamics of the global laundry service market and offer you the latest information.

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