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The dry-cleaning and laundry services market size is forecast to increase by USD 20.44 billion at a CAGR of 5.52% between 2023 and 2028. In the dynamic and evolving landscape of the market, several trends and challenges shape the industry's growth. The increasing urbanization and rising disposable income have led to an increase in demand for fresh goods and efficient laundry services as well as online on-demand laundry service. Technological advancements, such as faster drying times, higher extract speeds, and smart meters, have revolutionized the laundry services segment, enabling businesses to cater to the fast-paced world. The duvet-cleaning services segment is witnessing significant growth due to the increasing popularity of home comforts. The market is also influenced by the shift towards cashless transactions and digital payments, offering customers convenience and security. Furthermore, despite these opportunities, challenges persist, including the need for high capital investments in laundry care and the requirement for specialized skills to handle moisture-sensitive items. Overall, the market is poised for growth, driven by these trends and challenges.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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