Rental Laundry Service Market Anticipated to Grow at Much Faster Rate in Upcoming Years 2023 - 2029: Alsco, FlyCleaners , Aramark

Published July 17, 2023

The Latest Released Rental Laundry Service market study has evaluated the future growth potential of Rental Laundry Service market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Rental Laundry Service market. The study includes market share analysis and profiles of players such as Alsco, CSC ServiceWsorks, Cintas Corp., UniFirst Corp., Magic Laundry Services , Angelica, Aramark , WASH Laundry, FlyCleaners , CWS International, Others

The Rental Laundry Service market size is estimated to increase by USD 6162.23 Million at a CAGR of 4.11% from 2023 to 2029. The report includes historic market data from 2017 to 2022E. Currently, the market value is pegged at USD 4839.26 Million.

This article will assist you in understanding the pattern with Impacting Trends if you are a Rental Laundry Service manufacturer and would like to check or comprehend the policy and regulatory ideas, designing clear explanations of the stakes, prospective winners and losers, and choices for improvement. Click To get SAMPLE PDF (Including Full TOC, Table & Figures)

Rental Laundry Service Market Overview

Renting Laundry Services is simple and convenient. Experts complete this service in a timely manner. Professionals ensure that the clothes are not harmed while being washed and cleaned. There has been a significant shift in the laundry industry in recent years, from washing clothing to using coin-operated washing services. Consumers value convenience as a result of their hectic lifestyles, and they are increasingly turning to dry-cleaning and laundry services to make their lives easier. Rental laundry services are gaining popularity as dependable and convenient services at a reasonable price because busy consumers are willing to pay for their laundry these days.

Market Trends

Increasing Number Of Laundry Stores

Increasing Demand From Emerging Economies

Market Drivers

Rising Urbanization Has Reduced The Spare Time Of Individuals Which In Turn Is Driving The Growth Of The Market

Growth In The Hospitality Sector

Major Highlights of the Rental Laundry Service Market report released by HTF MI

The Rental Laundry Service Market is segmented by Application (Wash and Dry, Dry Cleaning, Duvet Clean, Massage Linen Service) by Type (Bed Linens and Bedding Sheets, Blankets, Pillow Cases, Bath Towels, Table Cloths, Uniforms, Clothes, Others) by End User (Boutique Hotels, Vacation Rentals, Short Terms Rentals, Property Management, Urban Rentals, Student Housing, Others) and by Geography (The West, Southwest, The Middle Atlantic, New England, The South, The Midwest). The Rental Laundry Service market size is estimated to register a CAGR of 4.11% during the forecast period.

Revenue and Sales Estimation - Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry.

SWOT Analysis on Rental Laundry Service Players
In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.

Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information.

Regulation Analysis
- Local System and Other Regulation: Regional variations in Laws for the use of Rental Laundry Service
- Regulation and its Implications
- Other Compliances

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In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.

- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Heat map Analysis, 3-Year Financial and Detailed Company Profiles of Key & Emerging Players: Alsco, CSC ServiceWsorks, Cintas Corp., UniFirst Corp., Magic Laundry Services, Angelica , Aramark, WASH Laundry, FlyCleaners , CWS International, Others

Geographically, the following regions together with the listed national/local markets are fully investigated:
- APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)

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- Overview of Rental Laundry Service Market

- Market dynamics

Growth Drivers, Market Trends, Opportunities and Challenges

- Five Forces Analysis

Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry

- Rental Laundry Service Size (USD & Sales Volume) Comparison by Type (2017-2028)

- Rental Laundry Service Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)

- Rental Laundry Service Size (Value & Volume) Comparison by Region (2017-2028)

- Market Capacity, Production, Export-Import by Region (2017-2022E)

- Rental Laundry Service Market Sales, Revenue and Growth Rate (2017-2028)

- Competitive Situation and Trends

- Market Positioning and Share Analysis (2020-2022E)

- Suppliers High-Performance Operational Base Distribution

- Analyse competitors, Profiles, Sales Area, Product Category

- Rental Laundry Service Cost Analysis

- Marketing Strategy Analysis

- Research Conclusions

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