Dry Cleaners in Canada - Industry Market Research Report

Dry Cleaners in Canada - Industry Market Research Report

  • June 2020 •
  • 34 pages •
  • Report ID: 4564501 •
  • Format: PDF
Clean linen: Expected changes to environmental regulations will likely force conventional operators out of the market

Abstract

Dry Cleaners in Canada
The Dry Cleaners industry in Canada provides dry cleaning and laundry services to consumers and businesses, such as hotels and hospitals. Over the past decade, shifting consumer trends toward casual clothing reduced the need for dry cleaning services that are typically only used for formal and office wear. Furthermore, unfavourable shifts in consumer preferences and increasing competition from coin-operated laundromats, household washing machines and other substitute products have led to this industry’s stagnation despite positive economic trends. Over the past five years, shifting workplace dress codes and consumer preferences have resulted in consumers purchasing more low-maintenance garments and casual wear that do not require professional dry cleaning, reducing demand for industry services. Even as macroeconomic conditions improved for many Canadian households, unfavourable shifts in consumer preferences toward casual clothing and fast fashion have continued to challenge industry operators and erode industry profit margins. Over the five years to 2024, industry revenue will continue to stagnate.

The Dry Cleaners industry in Canada provides dry cleaning and laundering services. Companies may also provide drop-off and pick-up sites for laundries and dry cleaners. In addition, establishments may also offer specialty cleaning services for garments and textiles, including fur, leather, suede, wedding gowns, draperies and pillows. This industry does not include establishments that offer coin-operated laundering and dry cleaning or those offering linen and uniform rentals.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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