Report Update Nov 1, 2024

Northern America - Dry-Cleaning Machines - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in Northern America

The North American dry-cleaning machine market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, continues to indicate a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Dry-Cleaning Machine Production in Northern America

In value terms, dry-cleaning machine production surged to $X in 2021 estimated in export price. In general, production showed a significant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Dry-Cleaning Machine Exports

Exports in Northern America

In 2021, shipments abroad of dry-cleaning machines increased by 1.2% to X units, rising for the third year in a row after two years of decline. Overall, exports posted notable growth. The pace of growth was the most pronounced in 2016 when exports increased by 124% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, dry-cleaning machine exports shrank to $X in 2021. Over the period under review, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2019 when exports increased by 140% against the previous year. The level of export peaked at $X in 2020, and then reduced in the following year.

Exports by Country

The United States (X units) represented roughly 100% of total exports in 2021.

The United States was also the fastest-growing in terms of the dry-cleaning machines exports, with a CAGR of +2.9% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest dry-cleaning machine supplier in Northern America.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to +6.5%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, which is down by -9.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2014 when the export price increased by 34% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2020, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +3.5% per year.

Dry-Cleaning Machine Imports

Imports in Northern America

In 2021, the amount of dry-cleaning machines imported in Northern America fell to X units, dropping by -6.9% compared with 2020. Over the period under review, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 when imports increased by 25%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, dry-cleaning machine imports fell rapidly to $X in 2021. Overall, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 when imports increased by 28% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United States dominates imports structure, amounting to X units, which was near 88% of total imports in 2021. Canada (X units) ranks second in terms of the total imports with a 6% share, followed by Saint Pierre and Miquelon (5.4%).

From 2012 to 2021, average annual rates of growth with regard to dry-cleaning machine imports into the United States stood at -14.1%. Saint Pierre and Miquelon experienced a relatively flat trend pattern. Canada (-14.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Saint Pierre and Miquelon increased by +5.4 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported dry-cleaning machines in Northern America, comprising 90% of total imports. The second position in the ranking was held by Canada ($X), with a 6.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to -9.5%. The remaining importing countries recorded the following average annual rates of imports growth: Canada (-15.9% per year) and Saint Pierre and Miquelon (0.0% per year).

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, shrinking by -14% against the previous year. Over the period under review, the import price, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2015 an increase of 57% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while Saint Pierre and Miquelon ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dry-cleaning machines in Northern America?

Bermuda constituted the country with the largest volume of dry-cleaning machine consumption, comprising approx. 56% of total volume. Moreover, dry-cleaning machine consumption in Bermuda exceeded the figures recorded by the second-largest consumer, the United States, threefold. Canada ranked third in terms of total consumption with a 16% share.

What are the leading exporters of dry-cleaning machines in Northern America?

In value terms, the United States remains the largest dry-cleaning machine supplier in Northern America.

What are the leading importers of dry-cleaning machines in Northern America?

In value terms, the United States constitutes the largest market for imported dry-cleaning machines in Northern America, comprising 94% of total imports. The second position in the ranking was occupied by Canada, with a 5.7% share of total imports. It was followed by Bermuda, with a 0.5% share.

What is the average export price for dry-cleaning machines in Northern America?

The dry-cleaning machine export price in Northern America stood at $13,549 per unit in 2021, reducing by -15.2% against the previous year.

What is the average import price for dry-cleaning machines in Northern America?

In 2021, the dry-cleaning machine import price in Northern America amounted to $19,020 per unit, waning by -15.4% against the previous year.

This report provides an in-depth analysis of the dry-cleaning machine market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28942250 - Dry-cleaning machines

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023