$98.6B Market Growth Opportunity By 2026| TECHNAVIO

NEW YORK, June 23, 2022 /PRNewswire/ — The market for online on-demand laundry services is expected to grow $98.6 billion from 2021 to 2026 at a CAGR of 36.4% according to Technavio’s latest market report. 34% of the market growth comes from North America during the forecast period. The US is the key market for online on-demand laundry service North America. The market growth in this region will be faster than the growth of the market in South America and Europe. The growing number of millennials preferring to outsource their laundry will facilitate online on-demand laundry market growth North America over the forecast period.

Technavio has announced its latest market research report, Online On-Demand Laundry Service Market by End User, Service, and Geography – Forecast and Analysis 2022-2026

Technavio has announced its latest market research report, Online On-Demand Laundry Service Market by End User, Service, and Geography – Forecast and Analysis 2022-2026

Further highlights of the regional segment Request a sample report

Read 120 Page TOC report on “Online Laundry Service Market Analysis Report by End User (Residential & Commercial), Service (Laundry, Dry Cleaning & Duvet Cleaning) & Geography (North America, EuropeAPAC, middle East and Africaand South America) and the segment forecasts, 2022-2026″. Gain competitive intelligence about market leaders. Track key industry opportunities, trends and threats. Insights into marketing, brand, strategy and market development, sales and delivery capabilities. https://www.technavio.com/report/report/online-on-demand-laundry-service-market-industry-size-analysis

Get ready to achieve great business results with this exclusive offer Online market for on-demand laundry services Report by Technavio. The report will include highlights of the overall market including FAQs such as:

  • What are historical sales figures and estimated sales figures and CAGR during the forecast period?

  • What is the current trend in the market?

  • Which business tactics will influence competitive scenarios and define the growth potential of the market?

  • What are market drivers, restraints, and challenges impacting the market demand and growth?

  • Which regions and segments will generate massive sales and become market leaders in the coming years?

The competitive scenario in the Online market for on-demand laundry services report analyses, evaluates and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies in recent years, growth strategies, product innovations, new product launches, investments, market share growth, etc. Don’t wait, strategize and increase your business goals with our Online market for on-demand laundry services forecast report – Buy now!

On-Demand Laundry Market: Vendor Analysis

The online market for on-demand laundry services is fragmented and vendors employ growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the marketplace. On-Demand Laundry Service Market report also provides information about several market vendors including American Dry Cleaning Co., ByNext Inc., Cleanly, CSC ServiceWorks Inc., Delivery.com LLC, Elite DhobiLite Laundry Pvt. Ltd., ihateironing.com Ltd., JUST CLEAN GENERAL TRADING Co. WLL, Laundrapp Operations Ltd., Laundryheap Ltd., LaundryWala, Mr. Laundrywala, Mulberrys Garment Care, PML Solutions Pvt. Ltd., Rinse Inc., Rongchang Yaohua Network Technology Beijing Co. Ltd., The Procter and Gamble Co., WASHMEN, Wassup On Demand and WishWash Laundry

  • American Dry Cleaning Co. – The company offers online on-demand laundry services that include high-quality, non-aggressive, eco-friendly technology that respects both clothes and the environment.

  • To know about all major provider offers – Click now!

On-Demand Laundry Service Market: Market Dynamics

Driver: That busy lifestyle that leaves very little time for washing is one of the major drivers behind the growth of the online on-demand laundry service market. Today’s generation finds it difficult to manage both work and personal commitments due to their busy lifestyles. However, thanks to online on-demand laundry services that have made it easy to do household chores like cleaning and laundry. At the same time, considering the problems faced by professionals and other white-collar workers, on-demand laundries provide convenient doorstep pickup and drop-off, making the process more convenient. This convenience will spur the growth of the online on-demand laundry service market over the forecast period.

Challenges: High risk/reward ratio and low margin deals are one of the factors hampering the growth of the online on-demand laundry service market. Regardless of all the benefits that online on-demand laundry services offer, there are risks associated with the laundry business that outweigh the rewards and profits it generates. Online on-demand laundry is a trust-based business where customers provide their expensive garments to service providers and expect nothing in return. However, it can be a challenge for the companies to offer quality service without any mistakes. The profits they make may not be enough to satisfy the customers in case a faulty service causes damage to their garments. Therefore, such accidents can have a negative impact on the growth of the online on-demand laundry service market during the forecast period.

On-Demand Laundry Service Market: Segmentation Analysis

End User Outlook (Revenue, USD bn, 2021-2026)

Services Outlook (Revenue, USD bn, 2021-2026)

  • Laundry Size and Forecast 2021-2026

  • Dry cleaning – size and forecast 2021-2026

  • Duvet clean – size and forecast 2021-2026

Geographic Outlook (Revenue, USD bn, 2021-2026)

  • North America – Size and forecast 2021-2026

  • Europe – Size and forecast 2021-2026

  • APAC – Size and Forecast 2021-2026

  • middle East and Africa – Size and forecast 2021-2026

  • South America – Size and forecast 2021-2026

To know the market contribution of each segment – Get an exclusive sample report

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Market scope for online on-demand laundry service

report coverage

details

page number

120

base year

2021

forecast period

2022-2026

Growth Dynamics & CAGR

Accelerate with a CAGR of 36.4%

Market growth 2022-2026

$98.6 billion

market structure

fragmented

YoY Growth (%)

30.69

make a market contribution

North America at 34%

competitive landscape

Leading companies, competitive strategies, levels of consumer engagement

company profiled

American Dry Cleaning Co., ByNext Inc., Cleanly, CSC ServiceWorks Inc., Delivery.com LLC, Elite DhobiLite Laundry Pvt. Ltd., ihateironing.com Ltd., JUSTCLEAN GENERAL TRADING Co. WLL, Laundrapp Operations Ltd., Laundryheap Ltd., LaundryWala, Mr. Laundrywala, Mulberrys Garment Care, PML Solutions Pvt. Ltd., Rinse Inc., Rongchang Yaohua Network Technology Beijing Co. Ltd., The Procter and Gamble Co., WASHMEN, Wassup On Demand and WishWash Laundry

market dynamics

Stem Market Analysis, Market Growth Drivers and Obstacles, Fast Growing and Slow Growing Segment Analysis, Impact of COVID 19 and Future Consumer Dynamics, Market Condition Analysis for Forecast Period,

customization area

If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted.

Table of Contents

1. Summary

2 market landscape

3 market size

4 Five Forces Analysis

5 Market Segmentation by End User

6 Market segmentation by service

7 customer landscape

8 Geographical Landscape

9 drivers, challenges and trends

10 provider landscape

11 Vendor Analysis

12 Appendix

About Technavio

Technavio is a leading global technology research and consulting firm. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies and spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive position in changing market scenarios.

Contact

Technavio Research
Jess Maida
Media and Marketing Executive
United States: +1 844 364 1100
UK: +44 203 893 3200
E-mail: media@technavio.com
Website: www.technavio.com/

Technavio (PRNews photo/Technavio)

Technavio (PRNews photo/Technavio)

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