Dry Cleaners in the US - Industry Market Research Report

Dry Cleaners in the US - Industry Market Research Report

  • June 2019 •
  • 36 pages •
  • Report ID: 733046 •
  • Format: PDF
Out to dry: while the household market for dry cleaning is expected to continue shrinking

Abstract

Dry Cleaners in the US
Declining demand for professional dry cleaning services, unfavorable shifts in consumer preferences and increasing competition from coin-operated laundromats, household washing machines and other substitute products have led to the Dry Cleaners industry’s decline over the past decade. Consequently, industry revenue is expected to decrease over the five years to 2019. Even as macroeconomic conditions improved for many US households, unfavorable shifts in consumer preferences toward casual clothing have continued to challenge industry operators. IBISWorld expects industry revenue to continue declining over the five years to 2024, albeit faster than during the previous period. Despite positive outlooks in economic factors such as disposable income and consumer sentiment, unfavorable shifts in consumer preferences will continue to diminish demand for dry cleaning and full-service laundry.

Establishments in this industry provide dry cleaning and laundering services. Companies may also provide drop-off and pick-up sites for customers. In addition, establishments may also offer specialty cleaning services for garments and textiles such as fur, leather, suede, wedding gowns, draperies and pillows. This industry does not include coin-operated laundromats, nor does it include companies that generate most of their revenue from 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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