Product Code: ETC428426 | Publication Date: Oct 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam dry cleaning and laundry services market has seen significant growth in recent years, driven by changing consumer lifestyles and an increasing demand for convenient and efficient laundry solutions. With the rise of urbanization and a growing middle class, more people are seeking professional laundry services to meet their laundry needs. This market comprises a range of businesses offering dry cleaning, laundry, and related services. The competition is intense, with many local and international players vying for market share. To stay competitive, companies are investing in modern machinery, eco-friendly cleaning methods, and digital platforms for customer convenience. Overall, the Vietnam dry cleaning and laundry services market is poised for further expansion as consumers continue to prioritize cleanliness and convenience.
The Vietnam dry cleaning and laundry services market is thriving due to several factors. Firstly, the rising urbanization and changing lifestyles have led to an increased demand for convenient laundry solutions among busy urban dwellers. Secondly, the growing tourism industry in Vietnam has boosted the demand for high-quality laundry services in hotels and resorts. Furthermore, the emergence of eco-friendly and technologically advanced laundry equipment has attracted consumers seeking efficient and sustainable options. These factors, combined with the increasing disposable income of Vietnamese consumers, are driving the growth of the dry cleaning and laundry services market.
The Vietnam dry cleaning and laundry services market confronts various challenges that influence its growth and operations. One of the primary challenges is the need to maintain high-quality service standards while keeping prices competitive, as cost-conscious consumers seek value for their money. A lack of consumer awareness regarding dry cleaning and laundry processes and benefits can hinder market expansion, necessitating education and marketing efforts. The industry faces labor-related challenges, including finding skilled workers and managing labor costs. Compliance with environmental regulations and sustainability practices is increasingly important, requiring investment in eco-friendly cleaning technologies and materials. Fluctuations in detergent and solvent prices can impact operational costs, affecting profit margins. Lastly, competition from both traditional laundry methods and emerging laundry startups poses a constant challenge for established dry cleaning and laundry service providers.
The dry cleaning and laundry services market in Vietnam faced significant challenges due to COVID-19. With fewer people going to offices and events, the demand for dry cleaning services declined. Many dry cleaners experienced a drop in revenue, leading to cost-cutting measures and closures. Some businesses adapted by offering sanitization services for clothing and PPE. As restrictions eased, the market started to see a gradual return of customers.
In the dry cleaning and laundry services sector, Vinatex Laundry is a prominent player in Vietnam. Vinatex Laundry, a subsidiary of the Vietnam National Textile and Garment Group (Vinatex), offers comprehensive laundry services to hotels, hospitals, and businesses. They are known for their modern facilities and commitment to environmental sustainability.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Dry-Cleaning And Laundry Services Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Dry-Cleaning And Laundry Services Market - Industry Life Cycle |
3.4 Vietnam Dry-Cleaning And Laundry Services Market - Porter's Five Forces |
3.5 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.7 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Dry-Cleaning And Laundry Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Dry-Cleaning And Laundry Services Market Trends |
6 Vietnam Dry-Cleaning And Laundry Services Market, By Types |
6.1 Vietnam Dry-Cleaning And Laundry Services Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume, By Coin-Operated Laundries and Drycleaners, 2021-2031F |
6.1.4 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume, By Dry-Cleaning and Laundry Services, 2021-2031F |
6.1.5 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume, By Linen and Uniform Supply, 2021-2031F |
6.2 Vietnam Dry-Cleaning And Laundry Services Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume, By Commericial Dry-Cleaning and Laundry Services, 2021-2031F |
6.2.3 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume, By Residential Dry-Cleaning and Laundry Services, 2021-2031F |
6.2.4 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume, By Coin-Operated Laundries and Drycleaners, 2021-2031F |
6.3 Vietnam Dry-Cleaning And Laundry Services Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume, By Offline, 2021-2031F |
6.3.3 Vietnam Dry-Cleaning And Laundry Services Market Revenues & Volume, By Online, 2021-2031F |
7 Vietnam Dry-Cleaning And Laundry Services Market Import-Export Trade Statistics |
7.1 Vietnam Dry-Cleaning And Laundry Services Market Export to Major Countries |
7.2 Vietnam Dry-Cleaning And Laundry Services Market Imports from Major Countries |
8 Vietnam Dry-Cleaning And Laundry Services Market Key Performance Indicators |
9 Vietnam Dry-Cleaning And Laundry Services Market - Opportunity Assessment |
9.1 Vietnam Dry-Cleaning And Laundry Services Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Dry-Cleaning And Laundry Services Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.3 Vietnam Dry-Cleaning And Laundry Services Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Dry-Cleaning And Laundry Services Market - Competitive Landscape |
10.1 Vietnam Dry-Cleaning And Laundry Services Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Dry-Cleaning And Laundry Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |