North America to Dominate the Online Laundry Services Market During the Forecast Period
Increasing demand for convenient lifestyle,
along with availability of mobile applications of online laundry services are
the leading factors driving the online laundry services market during the
projected period.
According to TechSci Research
report, “Global Online Laundry Services Market–Industry
Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F”. The Global Online Laundry Services
Market is expected to grow faster during the forecast period. The market is
driven by increasing working-class population, rising population of
middle-class in emerging economies, and the growth in hotels, hospitals,
restaurants, and other commercial establishments. Additionally, businesses
strive to use cutting-advance technologies to provide new services in the
market. Furthermore, people are shifting towards online laundry services, due
to time constraints spurred by increased work demands and hours.
Target consumers of online laundry
services are comprising mainly of millennials and GenZ between the age of 18-30
who are students or working professionals. The 90% of
this generation is highly tech savvy and prefers using new services every
day. This
customer segment for online laundry services also consists of individuals in
the age group of 30-55, the majority of whom are employed and have less time
for their domestic duties. The customer segment above age of 55 is also
adapting online laundry services due to lack of physical capacity to perform
this work themselves even though they have enough money to pay for these
services.
Moreover, as smartphone use as well as internet
penetration increases globally, more people are using online applications like
online laundry services. The range of services provided by online
laundry services, including the free pick-up and drop-off options, which is one
of the key factors, drive the market’s expansion. Adopting online washing
services allows customers to save time and money. As a result, increasing
internet usage and technical awareness are the factors driving the market for
online washing services.
Browse over XX
market data Figures spread through XX pages and an in-depth TOC on “Global Online Laundry Services Market”.
The online laundry
services market is segmented based on services type, end-user, and by payment. Based
on services type, the market is divided into the laundry care, dry cleaning,
duvet cleaning, steam/electric pressing, and others (shoes cleaning,
accessories cleaning, bags cleaning, etc.) Based on the end user, the market is
segmented into residential, hospitality, healthcare, institutional, and others
(industrial, etc.). Based on payment, the market is fragmented into mobile
wallet, card payment, cash on delivery & net banking. The market analysis
also studies the regional segmentation to devise regional market segmentation,
divided among North America, Europe, Asia-Pacific, South America, and Middle
East & Africa.
Laundry care segment has the major share
in online laundry services. Since, people are focusing on keeping clothes
clean, with the growing importance of healthy lifestyle, this factor is
boosting the online laundry services market. Also, as the working population is
opting laundry services for washing daily wear clothes which in turn surging
the demand of online laundry service.
Based on region, North America held the
greatest market share due to the region's expanding population of consumers
that value their health. The changing consumer preference for cleanliness and
hygiene, particularly in industrialized countries like the U.S., has increased.
Key market players in the global
online laundry services market include:
- CLEANLY, Inc
- Laundryheap Limited
- Rinse, Inc.
- The Procter & Gamble
Company (Tide Cleaners)
- Lapels Dry Cleaning
- Elite DhobiLite Laundry
Pvt Limited
- ZipJet Ltd
- Mulberrys Franchising,
LLC
- PML Solutions Pvt Ltd.
- ByNext, Inc.
Various
International and domestic companies are trying to enhance their market reach
by increasing
their merger and acquisition. For instance, in 2022 Laundryheap
announced its full acquisition of Laundrapp. Laundryheap has increased the
number of its regional outlets in the U.K. with this acquisition. The
acquisition is a reference to their model's adaptability and the market's
continuous need for dependable, high-quality on-demand washing services.
A Berlin-based online laundry
and dry-cleaning company called Zipjet Ltd. and Laundrapp Ltd. announced their
merger in 2020. Additionally, the company closed a funding round from current
investors for an unknown sum, including Hargreave, Toscafund, Hale VCT, Henkel,
and Rocket Internet.
In 2021, ButlerBox, a Los Angeles,
California-based supplier of dry cleaning and laundry services, was acquired by
Rinse Inc. Rinse aimed to increase its market share in Los Angeles through this
acquisition by leveraging ButlerBox's great expertise and customers.
Download Free Sample Report
Customers can
also request for 10% free customization on this report.
“The popularity
of online laundry services is rising with the rising awareness of consumers
towards the need of living a healthy, hygienic lifestyle is driving the online laundry
services market worldwide. Additionally, using laundry services can maintain
fabric life and hygiene by washing and cleaning dirt of the clothes. The online
laundry services are also expanding due the convenience offered by laundry
services along with less expenditure. Also, the shift of consumer preference
with rising disposable income across the globe is driving the demand of online laundry
services.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
“Online Laundry Services – Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented
By Services Type (Laundry Care, Dry Cleaning, Duvet Cleaning, Steam/Electric
Pressing, Others (Shoes Cleaning, Accessories Cleaning, Bags Cleaning, Etc.)),
By End User (Residential, Hospitality, Healthcare, Institutional, Others
(Industrial, Etc.)), By Payment (Mobile Wallet, Card Payment, Cash on Delivery
& Net Banking), By Region, Competition, Forecast & Opportunities, 2018-2028F”, has evaluated the future
growth potential of online laundry services in the global market and provides
statistics and information on market structure, size, share, and future growth.
The report is intended to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities present in the global online laundry services
market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Web: https://www.techsciresearch.com