Proper dry cleaning gives your clothes a new lifeline!
Nowadays, cleaning franchises are considered one of the leading business ideas in Europe. The category of cleaning products also contains a wide range of products from cleaners. They are used for all purposes and some special services such as laundry and dry cleaners.
An increase in cleaning services and the market size is expected to flourish by about 2.5% annually. Moreover, according to research, cleaning products are one of the most traded products in the world. Germany, China, France, and Italy are leading exporters of cleaning items.
There are tons of cleaning brands available on the market. Each has its qualities and purposes. Such as according to a legit report from Statista, in the United States, the revenue generated by janitorial services and laundry franchises reached about $61 billion in 2020.
The household cleaning and dry cleaner business in Europe have increased to about 30 billion euros. So, plenty of cleaning business opportunities exist for people who want to set up their cleaning franchise in Europe.
The cleaning franchises trends have grown about 14 percent over the last few years. According to Grand View Research, the global commercial dry cleaners market also can approach revenue of about $468 billion by 2027. Cleaning startups are coming forward with the passage of time, each having unique services.
The cleaning franchises industry continues to grow, which is a long-lasting trend. However, people love to wear clean clothes that are free of stains. The population of the world is increasing day by day. Most people lost their jobs during the pandemic and were locked inside their houses, and the demand for online cleaning services increased.
The annual turnover of the cleaning industry over the last 25 years is about 9.354%. Investors from all over the world are also making utmost efforts and love to spend their money on cleaning company franchises. Investing in a dry cleaner business will be a positive decision as it will keep growing and produce massive profits.
People used to clean their clothes at home in the past, but with the advent of technology and digitalization, people prefer online dry cleaning and laundry franchise services as it saves their time and traveling cost. According to the stats of one desk, about 80 percent of the people will start using residential and dry cleaning services by the end of 2024. So many scopes are there if you quickly start a dry cleaner business.
In Europe, the laundry and dry cleaning services market is estimated to reach about $141.50 billion in 2022. CAGR (Compound Annual Growth Rate) will also increase by 6 percent by 2027. Thus, the market size of cleaning contractors has reached about 65 percent as compared to 2020.
Moreover, Germany is at the top of Europe's laundry services care market. Its revenue is about 5.18 billion US dollars, and Henkel is number 1 in producing quality cleaning products.
Similarly, Spain is a European country that has increased the habit of cleaning since the arrival of Covid. Revenue generated by cleaning franchises in the UK reaches about 4.23 billion Euros.
In comparison with countries, it is estimated that the average revenue produced in Germany is about 4.58 billion Euros. Similarly, France cleaning franchisees generate revenue of about 4.22 billion Euros.
Starting a dry cleaning services franchise in Europe won’t be a bad decision as this industry has produced impressive revenue records all over the world, especially in different countries of Europe. So, investors can join hands with this industry to start a profitable franchise for a long-lasting period. Furthermore, we are here to assist you if you need guidance about steps while heading to this franchise startup.