Laundry Facilities & Dry Cleaning Services Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 12/1/2014
SIC Codes: 7211, 7215, 7216, 7219
NAICS Codes: 81231, 81232
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
View Full Sample Add To Cart

Excerpt from Laundry Facilities & Dry Cleaning Services Industry Profile

Companies in this industry operate self-service laundry facilities or provide dry cleaning, specialty cleaning and full-service laundering services. Major US companies include Coinmach Service, Mac-Gray, and Martin Franchises.

The US laundry facilities and dry cleaning services industry includes about 30,000 companies with combined annual revenue of about $11 billion. The industry includes about 20,000 companies that provide retail laundry and dry cleaning services and account for about 70 percent of industry revenue, and about 10,000 companies that operate laundromats and account for the remaining 30 percent of revenue.

Commercial and industrial laundry services are covered in the Linen and Uniform Supply Services industry profile.

COMPETITIVE LANDSCAPE

Demand is related to consumer income. The profitability of individual companies depends on efficient operations and favorable store locations. Large dry cleaning companies can achieve economies of scale by using centralized cleaning operations to serve multiple retail locations. Small companies can compete successfully by owning favorable locations or providing special services. The US dry cleaning segment is highly fragmented: the 50 largest firms generate less than 10 percent of revenue. The US coin-laundry segment is fragmented: the 50 largest firms generate about 40 percent of revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Retail laundry and dry cleaning services account for about 70 percent of industry revenue; laundromats account for about 30 percent.

Retail dry cleaning operations consist of collecting and tagging clothing, operating dry cleaning machinery either on the retail premises or at central ...

 
View Full Sample Add To Cart Return to the Industry Profile Menu

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options