Key Highlights
- The global laundry services market is valued at approximately $70 billion as of 2023
- The average U.S. household spends about $550 annually on laundry and dry cleaning
- The laundry detergent market is projected to reach $62 billion by 2028
- Approximately 60% of laundry facilities in hospitals use eco-friendly detergents
- The commercial laundry segment accounts for around 35% of the total laundry industry revenue
- The use of automation and robotics in laundries is expected to grow at a CAGR of 8% through 2025
- About 40% of consumers prefer laundromats over home laundry machines for convenience
- Eco-friendly laundry detergents account for 25% of the global market share
- The online laundry services segment grew by 20% annually between 2019 and 2022
- The average size of a commercial laundry facility is around 10,000 square feet
- North America holds approximately 40% of the global laundry industry market share
- The laundry industry in China is projected to grow at a CAGR of 7% until 2030
- The average age of commercial laundry machines is around 8 years, leading to higher maintenance costs
From a booming $70 billion global market to rapid advancements in automation and green technologies, the laundry industry is transforming faster than ever as consumers and businesses embrace innovation and sustainability.
Consumer Preferences and Market Growth Dynamics
- About 40% of consumers prefer laundromats over home laundry machines for convenience
- The adoption of contactless payments at laundromats has increased by 35% during the pandemic period
- The average time spent on laundry per household weekly is approximately 7 hours
- An estimated 65% of laundromats in the United States accept digital payments
Consumer Preferences and Market Growth Dynamics Interpretation
Environmental Sustainability and Eco-friendly Practices
- Approximately 60% of laundry facilities in hospitals use eco-friendly detergents
- Eco-friendly laundry detergents account for 25% of the global market share
- The use of eco-friendly and biodegradable detergents has increased by 18% in the past five years
- Over 50% of laundry service providers are considering investment in green technologies by 2025
- About 55% of laundry facilities now use energy-efficient washing machines
- The laundry industry’s environmental impact reduction efforts have saved over 1 million gallons of water annually in U.S. facilities
- The adoption rate of energy-efficient machinery in commercial laundries is projected to reach 75% by 2025
- The market share of bio-based and environmentally friendly detergents is expected to reach 30% globally by 2027
- The average dry cleaning process uses over 15 different chemicals, increasing environmental concerns
Environmental Sustainability and Eco-friendly Practices Interpretation
Market Size and Revenue Trends
- The global laundry services market is valued at approximately $70 billion as of 2023
- The average U.S. household spends about $550 annually on laundry and dry cleaning
- The laundry detergent market is projected to reach $62 billion by 2028
- The commercial laundry segment accounts for around 35% of the total laundry industry revenue
- The use of automation and robotics in laundries is expected to grow at a CAGR of 8% through 2025
- The online laundry services segment grew by 20% annually between 2019 and 2022
- The average size of a commercial laundry facility is around 10,000 square feet
- The laundry industry in China is projected to grow at a CAGR of 7% until 2030
- The average age of commercial laundry machines is around 8 years, leading to higher maintenance costs
- Laundry services in the hospitality sector account for over $15 billion globally
- The global dry cleaning industry accounts for about 15% of total laundry industry revenue
- Laundry detergents are the largest segment within the laundry industry, representing approximately 45% of market revenue
- The laundry industry in India is expected to grow at a CAGR of 9% up to 2027
- The average lifespan of commercial laundry machines is about 12 years with proper maintenance
- The laundry industry employs over 1.2 million people in the United States alone
- The laundry industry in Brazil is expected to reach a market value of $5 billion by 2026
- The global laundry soap market is projected to grow at a CAGR of 4.5% through 2027
- The adoption of mobile app-based laundry services increased by 50% during 2020-2022
- The global market for laundry capsules and pods is expected to reach $4 billion by 2026
- The dry cleaning segment has seen a 12% decline in revenue during the pandemic period due to reduced customer traffic
- The U.S. laundry industry experienced a 5% decline in revenue in 2020 due to COVID-19, but has rebounded with a 7% growth in 2022
- The global linen and uniform rental segment is expected to reach $15 billion by 2025
- The growth of on-demand laundry services is driven by urbanization and busy lifestyles, with a CAGR of 12% from 2020 to 2025
- The laundry industry generates about $85 billion annually in the United States alone
- The number of laundry businesses worldwide is expected to grow at a CAGR of 6% through 2030
- The adoption rate of RFID technology in laundry operations is projected to reach 60% by 2025
Market Size and Revenue Trends Interpretation
Regional Markets and Industry Segments
- North America holds approximately 40% of the global laundry industry market share
- 30% of commercial laundries in urban areas operate 24/7 to meet demand
Regional Markets and Industry Segments Interpretation
Technology and Automation Advances
- Approximately 70% of laundry services that incorporate automation report increased efficiency and throughput
- Automated sorting and folding systems in laundry facilities have increased operational efficiency by 25%
Technology and Automation Advances Interpretation
Sources & References
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