Booming laundry and dry cleaning services market in Africa!

Laundry and dry cleaning services in Africa appears to be a multi-million dollar business opportunity, since this market in Africa is huge and growing at an amazing rate. The business can be run from home with little capital investment and presents a chance for smart entrepreneurs who are able and willing to provide the convenience needed by customers at a reasonable price.

More and more Africans are living the city life nowadays and their city lifestyle causes a rising demand for convenience services like dry cleaning and laundry. Africa’s urban population has been growing at roughly 3.5 percent every year and more than 500 million Africans will become city people by 2030. At the current urbanization rate of 40 percent, Africa is already more urbanized than India (30 percent) and a little less than China (45 percent). Before 2020, more than 60 African cities will have a population of more than one million people and cities like Lagos in Nigeria is fast becoming one of the most populated cities in the world.

In short, Africa’s dry cleaning and laundry service market is on a path of steady growth. Since most people do not like to do their dirty laundry themselves, smart entrepreneurs can develop lucrative businesses and niches in this growing market.