NEW
YORK, May 16, 2024 /PRNewswire/ -- The
global online on-demand laundry service
market size is estimated to grow by USD 145.72 billion from 2023-2027, according to
Technavio. The market is estimated to grow at a CAGR of
almost 39.38% during the forecast period.
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historic data (2017 - 2021) - Download
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Forecast
period
|
2023-2027
|
Base Year
|
2022
|
Historic
Data
|
2017 - 2021
|
Segment
Covered
|
End-user (Residential
and Commercial ), Service (Laundry, Dry clean, and Duvet clean ),
and Geography (North America, Europe, APAC, Middle East and Africa,
and South America)
|
Region
Covered
|
North America, Europe,
APAC, Middle East and Africa, and South America
|
Key companies
profiled
|
American Dry Cleaning
Co., ByNext Inc., CSC ServiceWorks Inc., Delivery.com LLC, Elite
DhobiLite Laundry Pvt. Ltd., EXPERTO URBANTECH PVT LTD,
ihateironing.com Ltd., JUSTCLEAN GENERAL TRADING Co. W.L.L,
Laundrology Comprehensive Services, Laundryheap Ltd., LaundryWala,
Mr. Laundrywala, Mulberrys Franchising LLC, PML Solutions Pvt.
Ltd., Rinse Inc., Simmeera India Pvt. Ltd., The Procter and Gamble
Co., Washmen Laundry LLC, Wassup On Demand, and WishWash
Laundry
|
Key Market Trends Fueling Growth
Online on-demand laundry services are revolutionizing the
industry by implementing technology to automate processes and
decrease turnaround times. Companies like Cleanly use software to
sort clothes, manage requests, and update cleaners in real-time,
enabling a 24-hour service. This innovation is transforming the
on-demand laundry business in countries such as Germany, Canada, France, and China. The market is growing rapidly as
consumers value the convenience of having their clothes washed and
delivered quickly. Online washing, dry-cleaning, and laundry apps
are meeting this demand, offering services ranging from washing to
delivery.
Market Challenges
- Online on-demand laundry services represent a rapidly expanding
market, characterized by low profit margins and the necessity for
continuous growth. This sector caters to consumers' lifestyle
preferences, offering convenience through mobile apps, scheduling,
pickup, and drop-off services. In the trust-based landscape of
laundry services, companies must deliver high-quality, error-free
washing and dry cleaning to maintain customer satisfaction. Despite
the challenges, innovation and digital solutions enable time-saving
and efficient processes, ensuring growth in countries like
Germany, Canada, France, China, and beyond.
Research report provides comprehensive data on
impact of trend, driver and challenges - Buy
Report
Segment Overview
This online on-demand laundry service market report extensively
covers market segmentation by
- End-user
- 1.1 Residential
- 1.2 Commercial
- Service
- 2.1 Laundry
- 2.2 Dry clean
- 2.3 Duvet clean
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Residential- The online on-demand laundry
service market caters to various end-users, primarily focusing on
scheduling, pickup, and drop-off convenience. Subscription models
and pricing structures cater to busy individuals seeking
time-saving solutions. Quality and efficiency are crucial factors,
ensuring customer satisfaction and repeat business. Innovations in
digital on-demand laundry services, such as on-demand washing,
cleaning, and dry-cleaning, are revolutionizing the industry.
Businesses, both large and small, including players like
Laundryheap and various on-demand laundry apps, are capitalizing on
this market demand. The on-demand laundry business model offers
flexibility and convenience, making it an attractive alternative to
traditional laundry services. Market growth is further fueled by
the increasing number of vendors offering on-demand, on-line
laundry services, particularly in North
America and Europe.
Overall, the online laundry business is transforming the way we
approach laundry, providing time-saving, efficient, and innovative
solutions.
For more information on market segmentation with
geographical analysis including forecast (2023-2027) and historic
data (2017 - 2021) - Download a Sample Report
Research Analysis
The online on-demand laundry service market has experienced
significant growth due to the consumer lifestyle evolution and
societal adoption of convenience. This trend is particularly
prominent among working-class populations and working women, who
face time constraints and value the ease of having their laundry
picked up and delivered to their doorstep. The market caters to
various segments, including residential, commercial application,
and laundry care. Luxury lifestyle consumers also opt for online
laundry services for bedding and other items, seeking affordable
prices and patching services. Eco-conscious consumers prefer
eco-friendly laundry detergents with the WaterSense label,
addressing concerns related to skin diseases and allergies.
Business models like Tide Cleaners and organic laundry detergent
brands offer sustainable solutions for the dry clean segment.
Moreover, the laundry care segment focuses on providing
high-quality services for duvets and other bulky items. As the
market continues to evolve, it is essential to prioritize
sustainability and cater to diverse consumer needs.
Market Research Overview
The online on-demand laundry service market is a growing sector
in the modern economy, offering convenience and efficiency to
consumers. This service allows customers to place orders for
laundry pickup and delivery through digital platforms, eliminating
the need for physical store visits. The use of technology, such as
mobile applications and automated sorting systems, streamlines the
process and reduces turnaround time. The market is driven by
factors including increasing urbanization, busy lifestyles, and the
growing preference for contactless services. Additionally, the
integration of sustainable practices, such as the use of
eco-friendly detergents and energy-efficient processes, is becoming
a key consideration for consumers and operators alike. Overall, the
online on-demand laundry service market is poised for continued
growth as it caters to the evolving needs of consumers in a digital
age.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Service
-
- Laundry
- Dry Clean
- Duvet Clean
- Geography
-
- North America
- Europe
- APAC
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio