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2018 Market Analysis & Industry Outlook: Drycleaners & Drycleaning Services

Overview of the U.S. Drycleaners & Drycleaning Services Industry

This section provides answers to key questions about the industry:
  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Drycleaners & Drycleaning Services: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast[PREMIUM]

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Drycleaners & Drycleaning Services industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Maintenance And Repair - Garments

Dry Cleaning Services (Include Household Textiles.)

General Dry Cleaning

Specialty Dry Cleaning

Commercial Laundry Services

Retail Laundry And Dry Cleaning Services (Include Drop-Off And Pick-Up Services.)

Retail - Dry Cleaning Services

Retail - Commercial Laundry Services

Laundry And Dry-Cleaning Agency Services

Agency Services - Non-Commercial Laundry Services

Other Laundry Services

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map of Drycleaners & Drycleaning Services by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Drycleaners & Drycleaning Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Drycleaners & Drycleaning Services industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Drycleaners & Drycleaning Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 2%

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Chief Executives0%
General and Operations Managers2%
Sales and Related Occupations 18%
Retail Sales Workers 15%
Counter and Rental Clerks and Parts Salespersons 13%
Counter and Rental Clerks 13%
Office and Administrative Support Occupations 5%
Production Occupations 58%
Textile, Apparel, and Furnishings Workers 51%
Laundry and Dry-Cleaning Workers 35%
Laundry and Dry-Cleaning Workers 35%
Pressers, Textile, Garment, and Related Materials 14%
Pressers, Textile, Garment, and Related Materials 14%
Transportation and Material Moving Occupations 11%
Motor Vehicle Operators 8%
Driver/Sales Workers and Truck Drivers 8%
Driver/Sales Workers 6%
Source: Bureau of Labor Statistics

Drycleaners & Drycleaning Services Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Innovation News

  • Bibbentuckers raises $2 million in funding. - 01/04/2018
  • Woodard Cleaning & Restoration trademarks "" - Restoration services in the field of water, smoke and fire damage; Building restoration construction services; Residential and commercial cleaning services for carpets, rugs, hard surfaces and furniture - 12/27/2017
  • Madison United Healthcare Linen trademarks "MUHL" - Laundry services for patient gowns, surgical gowns, scrub wear, laboratory coats, sheets, blankets, towels, pillowcases, mattress pads, robes, and wraps in the medical and healthcare industries - 12/05/2017
  • Specialty Group trademarks "SPECIALTY DRAPERY" - Retail store services featuring custom made drapes, window shades, and window blinds - 07/25/2017

  • Top Innovators

    CompanyInnovation Score
    Laundry Locker2
    Cleaners Depot
    Itu Absorbtech

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Choice Hotels Launches Partnership with - On-demand delivery from wine and spirits shops, grocery stores, and even laundry and dry cleaning is coming soon ... provides Choice Privileges members with convenient, personalized services and the added bonus of loyalty points when using the service ... (01/10/2018)
    • Choice Hotels Teams Up with to Offer Delivery Services to Hotel Guests - On-demand delivery from wine and spirits shops, grocery stores, and even laundry and dry cleaning is coming soon ... provides Choice Privileges members with convenient, personalized services and the added bonus of loyalty points when using the service ... (01/10/2018)
    • Kansas Environmental Officials Tackle Toxic Dry Cleaning Waste With Limited Resources - Dry cleaning can leave a really big mess behind ... These days, Kansas has stricter environmental controls. But prior to 1995, dry cleaners generally just sent their waste water down the drain. “And most people think, 'OK, it goes in the sewer system ... (01/09/2018)
    • These companies top the list of South Florida's best-performing stocks - Investors further soured on the company in October when it announced it would be acquiring the IT services company ... Inc., which sells commercial laundry and dry cleaning equipment. The company acquired three companies in 2017, increasing its total ... (01/08/2018)
    • Dry Cleaning Is a Total Waste of Money If You Know These Simple Laundry Hacks - Dry cleaning is expensive. According to Business Insider ... If you’re going to be using the washing machine, protect your delicate items by placing them in a mesh laundry bag. Protect them even further by running the machine on cold and using a light ... (01/06/2018)
    • Laundry pickup and delivery service opens - Paid Post: A new dry cleaning and laundry pickup and delivery service called Laundry Day has just launched in Evanston. The service has been operating in the Wicker Park, Bucktown, Logan Square, and West Town areas of Chicago. “We saw a fantastic ... (01/04/2018)
    • New Laundry Pickup and Delivery Service Launches - There’s a new and affordable dry cleaning and laundry pickup and delivery service that just launched. Laundry Day is now available in Evanston, Wicker Park, Bucktown, Logan Square, West Town. “We saw a fantastic opportunity to serve the community by ... (01/03/2018)
    • Cleaned out? Dry cleaners hard-pressed to maintain business with the rise in casual clothing - In Pittsburgh, dry cleaning and laundry service jobs have plunged 25 percent since 2013, from 1,263 to 947. In recent years, the region has seen the loss of a number of dry cleaners, including the Regency in Regent Square, Colonial Cleaners in Squirrel Hil ... (12/29/2017)
    • Drystar offers on-demand laundry, dry cleaning service - In a time when people increasingly outsource daily chores and errands through mobile technology, Nashville resident Brandon Littleton saw opportunity in laundry and dry cleaning. His laundry and dry cleaning service, Drystar, is gaining momentum in the ... (11/24/2017)

    Government Contracts

    In 2016, the federal government spent a total of $45,686,054 on Drycleaners & Drycleaning Services. It has awarded 1,527 contracts to 308 companies, with an average value of $148,331 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount

    Growth Opportunities / Competitive Threats

    Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Drycleaners & Drycleaning Services to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

    The following industries are competing channels for sales of similar products/services.

    Commercial Laundry Services
    Competing IndustrySales Relative to Drycleaners & Drycleaning ServicesOpportunity/Threat
    Linen & Uniform Supply Competing industry
    Linen Supply Competing industry
    Industrial Launderers Competing industry

    Sales from other industries of Commercial Laundry Services are less than those from Drycleaners & Drycleaning Services. This may mean that other channels are a competitive risk of increasing their Commercial Laundry Services sales, taking market share from this industry.
    Commercial Laundry Services Product Sales Report

    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Collecting and distributing agents, laundry and drycleaning, Fur garment cleaning services, Drycleaner drop-off and pick-up sites, Suede garment cleaning services, Apparel pressing services, Laundries (except coin-operated, linen supply, uniform supply), Cleaning and dyeing plants (except rug cleaning plants), Hat cleaning services, Drop-off and pick-up sites for laundries and drycleaners, Curtain cleaning services, Agents, Laundry and drycleaning agents, Pickup and drop-off sites for drycleaners and laundries, Drycleaning services (except coin-operated), Drycleaning plants (except rug cleaning plants), Laundry services (except coin-operated, Leather garment cleaning services, Pillow cleaning services, Hand laundries, Cleaners, drycleaning and laundry service (except coin-operated), Garment cleaning (e.g., fur, leather, suede) services, Drycleaners (except coin-operated), Laundry drop-off and pick-up sites, Power laundries, family, Drapery cleaning services, Bobtailers, etc.

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