Dry Cleaning Machine Market: Introduction
- Dry cleaning machines are used to wash all types of textiles and garments. A dry cleaning machine consists of a tank, filter, and a pump for the cleaning function. The pump injects the chemical solvent that is used for cleaning into the respective filters. Dry cleaning is similar to regular home laundering, although in dry cleaning, a liquid solvent is used to clean clothes instead of water and detergent. The solvent contains little or no water; hence it is called dry cleaning.
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Key Drivers of the Global Dry Cleaning Machine Market
- Rapid urbanization and rising disposable income are major factors which influence the improvement in standard of living. Rising consumer preference for renovation and interior decoration is propelling the demand for advanced home care products that leads to the increasing adoption of innovative laundry equipment. This further accelerates the growth of the dry cleaning machine market.
- Dry cleaning machines are an indispensable part of five-star hotels and resorts. The machines are used for cleaning large volume of garments of customers residing in the hotel or resort. Growth in the hotel and hospitality industry across the world is helping drive the demand for dry cleaning machines. Additionally, rise in travel & tourism industry across the globe with increasing number of travelers which is bound to create more number of hotels and resorts is a major factor which is expected to fuel the growth of the dry cleaning machine market globally.
Factors Restraining the Global Dry Cleaning Machine Market
- High installation cost and maintenance of the dry cleaning machines can restrict the spending on such products and this can hamper the growth of the market.
- Low margins associated with the dry cleaning business restricts small and medium scale industries, which is a restraining factor for the dry cleaning machine market.
Market in Asia Pacific to Expand Rapidly
- In terms of region, the global dry cleaning machine market can be divided into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
- North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the dry cleaning machine market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the dry cleaning machine market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America dry cleaning machine market is segmented into Brazil, and Rest of South America.
- North America accounted for largest share of the global dry cleaning machine market due to the rising trend of luxury homes which is influencing the market growth in the region. The region has been witnessing huge demand for luxury homes with luxury lifestyles that leads to the increasing installation of premium household products, which is a major factor driving the dry cleaning machine market in North America.
- The dry cleaning machine market in Asia Pacific is projected to expand rapidly during the forecast period due to the rising per capita household income in the developing economies. Rising awareness regarding the usage of dry cleaners and increasing consumer spending on luxury lifestyle and innovative products are factors expected to fuel the growth of the dry cleaning machine market in the region.
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Key Players Operating in the Global Market
Companies in the dry cleaning machine market are focusing on becoming more proficient and developing products with advanced technologies which will enhance their competitive advantage and market share globally. Companies are focusing on innovations and developing cost effective and efficient dry cleaning systems which helps to propel the global sale of dry cleaning machines. Intense competition is a major challenge; hence, companies are strategizing on partnerships, agreements, and acquisitions to expand their presence in the market.
A few of the key players operating in the global dry cleaning machine market are:
- BERGPARMA S.r.l.
- FIRBIMATIC s.p.a. a S.U.
- Italclean s.r.l.
- Launmark India Pvt. Ltd.
- MAESTRELLI S.R.L.
- Matharoo Manufacturing Company
- Renzacci S.p.A.
- STEFAB INDIA LTD.
- UNION Dry Cleaning Products USA
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