Press release
Global Online Laundry Market Set to Reach $564 Billion by 2030
The global online on-demand laundry service market is experiencing unprecedented growth, driven by increasing internet penetration, smartphone usage, and the demand for convenient, time-efficient services. According to Maximize Market Research, the market was valued at USD 69.74 billion in 2023 and is projected to reach USD 564.08 billion by 2030, growing at a compound annual growth rate (CAGR) of 34.8% during the forecast period.
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✦ Market Dynamics and Regional Demand
North America currently leads the market, attributed to the region's advanced technological infrastructure and high adoption rates of online services. Europe and the Asia-Pacific regions are also witnessing significant growth, driven by urbanization and changing consumer lifestyles.
✦ Competitive Landscape
The market features key players such as CLEANLY, delivery.com, DRYV, Edaixi, FlyCleaners, Ihateironing, Laundrapp Ltd., PML Solutions Pvt. Ltd., Rinse Inc., LaundryWala, Mulberrys Garment Care, ODTAP, Laundryheap Ltd., Tide Spin, Zipjet Ltd., WASHMEN, Wassup, Dhobilite, Justclean General Trading Co., and WLL, Laundrapp (Ops) Ltd.
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Country-Specific Developments
Vietnam: Emerging Opportunities in Online Laundry Services
Vietnam's growing urban population and increasing smartphone penetration are creating opportunities for online laundry service providers. Local startups are beginning to explore this market, aiming to offer convenient solutions to busy urban dwellers.
Thailand: Trends in Digital Laundry Solutions
Thailand is witnessing a shift towards digital solutions in various sectors, including laundry services. The demand for convenient, app-based laundry services is on the rise, especially in metropolitan areas.
Japan: Growth in Tech-Driven Laundry Services
Japan's tech-savvy population is embracing online laundry services that offer automation and efficiency. Companies are investing in technologies to streamline operations and enhance customer experience.
South Korea: Consolidation in the Laundry Service Market
South Korea is experiencing consolidation in its online laundry service market, with larger firms acquiring smaller startups to expand their service offerings and customer base.
Singapore: Updation of Traditional Laundry Services
Singapore's traditional laundry services are undergoing a digital transformation, integrating online platforms to meet the demands of a tech-oriented population seeking convenience and efficiency.
United States: Opportunities in On-Demand Laundry Services
The U.S. market continues to offer vast opportunities for on-demand laundry services, driven by a fast-paced lifestyle and the preference for app-based solutions that save time and effort.
China: Trends in Online Laundry Service Adoption
China's urban centers are seeing a surge in the adoption of online laundry services, with consumers favoring platforms that offer quick turnaround times and seamless digital experiences.
Europe: Growth in Eco-Friendly Laundry Solutions
European countries are focusing on eco-friendly and sustainable laundry solutions, with online services incorporating green practices to appeal to environmentally conscious consumers.
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✦ Recent Developments
Rinse Inc. expanded its services to new cities in the U.S., aiming to capture a larger market share by offering convenient pickup and delivery options.
Laundrapp Ltd. announced a partnership with a major hotel chain in the UK to provide exclusive laundry services to guests, enhancing customer convenience.
Edaixi in China introduced AI-powered sorting systems to improve operational efficiency and reduce turnaround times.
✦ Global Online Ondemand Laundry Service Market Classifications
by Type
Laundry
Dry cleaning
Duvet clean
by Application
Residential
Commercial
For deeper market insights, peruse the summary of the research report: https://www.maximizemarketresearch.com/market-report/global-online-on-demand-laundry-service-market/16204/
✦ The following companies are included in the market for Global Online Ondemand Laundry Service :
1. CLEANLY
2. delivery.com
3. DRYV
4. Edaixi
5. FlyCleaners
6. Ihateironing
7. Laundrapp Ltd.
8. PML Solutions Pvt. Ltd.
9. Rinse Inc.
10. LaundryWala
11. Mulberrys Garment Care
12. ODTAP
13. Laundryheap Ltd.
14. Tide Spin
15. Zipjet Ltd.
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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