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Published: Mar, 2018 | Pages:
46 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)
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. 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
Table of Contents Chapter 1 Research Methodology & Scope 1.1 Region Wise Market Calculation 1.1.1 Region Wise Market: Base Estimates 1.1.2 U.S. Market: CAGR Calculation 1.2 Segment Share Calculation 1.3 List of Secondary Sources Chapter 2 Executive Summary 2.1 Market Snapshot Chapter 3 U.S. Laundry Facilities & Dry Cleaning Services Market Variables, Trends & Scope 3.1 Market Segmentation & Scope 3.2 Market Driver Analysis 3.2.1 Increase in demand for internet/ on-demand laundry services 3.2.2 State cleanup programs 3.2.3 Technological advancements 3.3 Market Restraint Analysis 3.3.1 Competition from "At Home" Dry Cleaning Products 3.3.2 Stringent government regulations 3.4 Penetration & Growth Prospect Mapping 3.5 U.S. Laundry Facilities & Dry Cleaning Service - SWOT Analysis, By Factor (political & legal, economic and technological) 3.6 Industry Analysis - Porter's Chapter 4 U.S. Laundry Facilities & Dry Cleaning Services Market: Type Estimates & Trend Analysis 4.1 U.S. Laundry Facilities & Dry Cleaning Service Market: Type Movement Analysis 4.2 Retail Laundry/Dry Clean Services 4.2.1 Retail laundry/dry clean services market estimates and forecasts, 2014 - 2025 (USD Million) 4.3 Coin Operated Services 4.3.1 Coin operated services market estimates and forecasts, 2014 - 2025 (USD Million) 4.4 Corporate/Industrial Laundry Services 4.4.1 Corporate/industrial laundry services market estimates and forecasts, 2014 - 2025 (USD Million) 4.5 Others 4.5.1 Others market estimates and forecasts, 2014 - 2025 (USD Million) Chapter 5 Competitive Landscape 5.1 Company Profiles 5.1.1 CSC ServiceWsorks 5.1.1.1 Company overview 5.1.1.2 Product benchmarking 5.1.1.3 Strategic initiatives 5.1.2 EnviroStar, Inc. 5.1.2.1 Company Overview 5.1.2.2 Financial Performance 5.1.2.3 Product benchmarking 5.1.2.4 Strategic initiatives 5.1.3 Alliance Laundry Systems LLC 5.1.3.1 Company overview 5.1.3.2 Product benchmarking 5.1.3.3 Strategic initiatives 5.1.4 The Huntington Company 5.1.4.1 Company overview 5.1.4.2 Product benchmarking 5.1.4.3 Strategic initiatives 5.1.5 Yates Dry Cleaning & Laundry Services 5.1.5.1 Company overview 5.1.5.2 Product benchmarking 5.1.6 ZIPS Dry Cleaners 5.1.6.1 Company Overview 5.1.6.2 Product benchmarking 5.1.6.3 Strategic initiatives 5.1.7 LAVATEC LAUNDRY TECHNOLOGY GMBH 5.1.7.1 Company Overview 5.1.7.2 Product benchmarking 5.1.7.3 Strategic initiatives 5.1.8 Angelica 5.1.8.1 Company Overview 5.1.8.2 Product benchmarking 5.1.8.3 Strategic initiatives 5.1.9 Cleanly 5.1.9.1 Company Overview 5.1.9.2 Product benchmarking 5.1.9.3 Strategic initiatives 5.1.10 FlyCleaners 5.1.10.1 Company Overview 5.1.10.2 Product benchmarking
List of Tables TABLE 1 U.S. laundry facilities & dry cleaning services market, by product, 2014 - 2025 (USD Million)
List of Figures FIG. 1 Market summary (USD Million) FIG. 2 Market trends & outlook FIG. 3 Market segmentation & scope FIG. 4 Market driver relevance analysis (Current & future impact) FIG. 5 Market restraint relevance analysis (Current & future impact) FIG. 6 Penetration & growth prospect mapping FIG. 7 SWOT Analysis, By Factor (political & legal, economic and technological) FIG. 8 Porter's Five Forces Analysis FIG. 9 U.S. laundry facilities & dry-cleaning services market type outlook key takeaways FIG. 10 U.S. laundry facilities & dry-cleaning services market: Type movement analysis FIG. 11 Retail laundry/dry clean services market, 2014 - 2025 (USD Million) FIG. 12 Coin operated services market, 2014 - 2025 (USD Million) FIG. 13 Corporate/industrial laundry services market, 2014 - 2025 (USD Million) FIG. 14 Others market, 2014 - 2025 (USD Million)
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