• About Us
  • Add Post
  • Contact
  • Contribute For Us
  • Homepage
  • Our Authors
  • Privacy Policy
What's Hot

Network Probe Market Projected To Hit USD 1004 Million at a

March 24, 2023

M. Venkaiah Naidu Delivered the 29th Lal Bahadur Shastri Memorial Lecture

March 24, 2023

Pylontech obtém o primeiro certificado de bateria de íons de sódio do mundo da TÜV Rheinland

March 24, 2023
What's Hot

Network Probe Market Projected To Hit USD 1004 Million at a

March 24, 2023

M. Venkaiah Naidu Delivered the 29th Lal Bahadur Shastri Memorial Lecture

March 24, 2023

Pylontech obtém o primeiro certificado de bateria de íons de sódio do mundo da TÜV Rheinland

March 24, 2023
Facebook Twitter Instagram
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors
Facebook Twitter LinkedIn
BusinessLendBusinessLend
  • NEWS
  • BUSINESS
  • AUTO
  • TECH
  • MONEY
  • STARTUP
  • SUCCESS STORIES
  • OTHER
    • Press Release
    • OPINION
Subscribe
BusinessLendBusinessLend
Home»Press Release»Online on-demand laundry service market size to increase by USD 98.6 billion between 2021 and 2026; North America will account for 34% of the market growth
Press Release

Online on-demand laundry service market size to increase by USD 98.6 billion between 2021 and 2026; North America will account for 34% of the market growth

PR NewsWireBy PR NewsWireMarch 14, 2023No Comments15 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

NEW YORK, March 14, 2023 /PRNewswire/ — The online on-demand laundry service market size is forecast to grow by USD 98.6 billion between 2021 and 2026, and the growth momentum will be accelerating at a CAGR of 36.4% during the forecast period. The market is segmented by 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). The residential segment will exhibit significant growth in the market during the forecast period. Factors such as rapid urbanization, changing lifestyles, innovations in online laundry services, and rising employment rates are driving the growth of the segment. For more insights on the market size (2022 to 2026) – Request a report sample

Technavio has announced its latest market research report titled Global Online On-demand Laundry Service Market 2022-2026
Technavio has announced its latest market research report titled Global Online On-demand Laundry Service Market 2022-2026

Regional Analysis

By region, the global online on-demand laundry service market is segmented into North America, APAC, Europe, South America, and MEA. North America will account for 34% of market growth during the forecast period. The region has a large Millennial population that prefers outsourcing laundry services. This is the key factor driving the growth of the online on-demand laundry service market in North America.

Company Profiles

The online on-demand laundry service market report includes information on the key products and recent developments of leading vendors, including:

  • ByNext Inc. – The company offers online on-demand laundry services including dry cleaning, laundered shirts, and wash and fold.
  • Delivery.com LLC– The company offers online on-demand laundry services including wash and fold, dry cleaning, tailoring, and other services.
  • American Dry Cleaning Co.
  • Cleanly
  • CSC ServiceWorks Inc.
  • Elite DhobiLite Laundry Pvt. Ltd.
  • ihateironing.com Ltd.
  • JUSTCLEAN GENERAL TRADING Co. W.L.L

Market Dynamics

The growth of the market is driven by factors such as busy lifestyles allowing very little time for laundry, increasing costs associated with the use of washing machines, and providing convenience through logistics services. However, the high risk-reward ratio and low margin in the laundry business will hinder the growth of the market.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Request a Sample

Market Segmentation

  • By end-user, the market is segmented into residential and commercial.
  • By service, the market is segmented into laundry, dry clean, and duvet clean.
  • By geography, the market is segmented into North America, APAC, Europe, South America, and MEA.

Why Buy

  • Add credibility to strategy
  • Analyzes competitor’s offerings
  • Get a holistic view of the market

Grow your profit margin with Technavio – Buy the Report!

Related Reports:

  • The laundry folding robots market is projected to grow by USD 12.90 billion with a CAGR of 37.35%, during the forecast period 2021 to 2026. The growing acceptance of personal service robots is the major driver fueling the laundry folding robot market growth.
  • The laundry folding machine market is projected to grow by USD 2.39 billion with a CAGR of 8.51% during the forecast period 2021 to 2026. The social factors driving the adoption of laundry folding machines are notably driving the laundry folding machine market growth, although factors such as the inability of machines to fold clothes of extreme sizes may impede the market growth.

Technavio’s library includes over 17,000+ reports, covering more than 2,000 emerging technologies. Subscribe to our “Basic Plan” at just USD 5,000 and get lifetime access to Technavio Insights

What are the key data covered in this online on-demand laundry service market report

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will drive the growth of the market between 2022 and 2026
  • Precise estimation of the size of the online on-demand laundry service market and its contribution to the parent market.
  • Accurate predictions about upcoming trends and changes in consumer behavior.
  • Growth of the market across North America, APAC, Europe, South America, and MEA.
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors.
  • Comprehensive analysis of factors that will challenge the growth of online on-demand laundry service market vendors.

Online On-demand Laundry Service Market Scope

Report Coverage

Details

Page number

142

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 36.4%

Market growth 2022-2026

USD 98.6 billion

Market structure

Fragmented

YoY growth (%)

30.69

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 34%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies 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. W.L.L, 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

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse through Technavio’s Industrials Market Reports, ToC & LoE

Table of contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Service
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 14: Chart on Global – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 15: Data Table on Global – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 18: Five forces analysis – Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 24: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments 
    • Exhibit 25: Chart on End-user – Market share 2021-2026 (%)
    • Exhibit 26: Data Table on End-user – Market share 2021-2026 (%)
  • 5.2 Comparison by End-user 
    • Exhibit 27: Chart on Comparison by End-user
    • Exhibit 28: Data Table on Comparison by End-user
  • 5.3 Residential – Market size and forecast 2021-2026
    • Exhibit 29: Chart on Residential – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 30: Data Table on Residential – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 31: Chart on Residential – Year-over-year growth 2021-2026 (%)
    • Exhibit 32: Data Table on Residential – Year-over-year growth 2021-2026 (%)
  • 5.4 Commercial – Market size and forecast 2021-2026
    • Exhibit 33: Chart on Commercial – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 34: Data Table on Commercial – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 35: Chart on Commercial – Year-over-year growth 2021-2026 (%)
    • Exhibit 36: Data Table on Commercial – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by End-user 
    • Exhibit 37: Market opportunity by End-user ($ billion)

6 Market Segmentation by Service

  • 6.1 Market segments 
    • Exhibit 38: Chart on Service – Market share 2021-2026 (%)
    • Exhibit 39: Data Table on Service – Market share 2021-2026 (%)
  • 6.2 Comparison by Service 
    • Exhibit 40: Chart on Comparison by Service
    • Exhibit 41: Data Table on Comparison by Service
  • 6.3 Laundry – Market size and forecast 2021-2026
    • Exhibit 42: Chart on Laundry – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 43: Data Table on Laundry – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 44: Chart on Laundry – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on Laundry – Year-over-year growth 2021-2026 (%)
  • 6.4 Dry clean – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Dry clean – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 47: Data Table on Dry clean – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 48: Chart on Dry clean – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Dry clean – Year-over-year growth 2021-2026 (%)
  • 6.5 Duvet clean – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Duvet clean – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 51: Data Table on Duvet clean – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 52: Chart on Duvet clean – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Duvet clean – Year-over-year growth 2021-2026 (%)
  • 6.6 Market opportunity by Service 
    • Exhibit 54: Market opportunity by Service ($ billion)

7 Customer Landscape

  • 7.1 Customer landscape overview 
    • Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation 
    • Exhibit 56: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 57: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparison 
    • Exhibit 58: Chart on Geographic comparison
    • Exhibit 59: Data Table on Geographic comparison
  • 8.3 North America – Market size and forecast 2021-2026
    • Exhibit 60: Chart on North America – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 61: Data Table on North America – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 62: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 63: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 8.4 Europe – Market size and forecast 2021-2026
    • Exhibit 64: Chart on Europe – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 65: Data Table on Europe – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 66: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 67: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 8.5 APAC – Market size and forecast 2021-2026 
    • Exhibit 68: Chart on APAC – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 69: Data Table on APAC – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 70: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 71: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 8.6 Middle East and Africa – Market size and forecast 2021-2026 
    • Exhibit 72: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 73: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 74: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 75: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 8.7 South America – Market size and forecast 2021-2026
    • Exhibit 76: Chart on South America – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 77: Data Table on South America – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 78: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 79: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 8.8 US – Market size and forecast 2021-2026
    • Exhibit 80: Chart on US – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 81: Data Table on US – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 82: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 83: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 8.9 China – Market size and forecast 2021-2026
    • Exhibit 84: Chart on China – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 85: Data Table on China – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 86: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 87: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 8.10 Germany – Market size and forecast 2021-2026
    • Exhibit 88: Chart on Germany – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 89: Data Table on Germany – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 90: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 8.11 Japan – Market size and forecast 2021-2026
    • Exhibit 92: Chart on Japan – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 93: Data Table on Japan – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 94: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 8.12 UK – Market size and forecast 2021-2026 
    • Exhibit 96: Chart on UK – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 97: Data Table on UK – Market size and forecast 2021-2026 ($ billion)
    • Exhibit 98: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 99: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 8.13 Market opportunity by geography 
    • Exhibit 100: Market opportunity by geography ($ billion)

9 Drivers, Challenges, and Trends

  • 9.3 Impact of drivers and challenges 
    • Exhibit 101: Impact of drivers and challenges in 2021 and 2026

10 Vendor Landscape

  • 10.2 Vendor landscape 
    • Exhibit 102: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption 
    • Exhibit 103: Overview on factors of disruption
  • 10.4 Industry risks 
    • Exhibit 104: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered 
    • Exhibit 105: Vendors covered
  • 11.2 Market positioning of vendors 
    • Exhibit 106: Matrix on vendor position and classification
  • 11.3 American Dry Cleaning Co. 
    • Exhibit 107: American Dry Cleaning Co. – Overview
    • Exhibit 108: American Dry Cleaning Co. – Product / Service
    • Exhibit 109: American Dry Cleaning Co. – Key offerings
  • 11.4 ByNext Inc. 
    • Exhibit 110: ByNext Inc. – Overview
    • Exhibit 111: ByNext Inc. – Product / Service
    • Exhibit 112: ByNext Inc. – Key offerings
  • 11.5 CSC ServiceWorks Inc. 
    • Exhibit 113: CSC ServiceWorks Inc. – Overview
    • Exhibit 114: CSC ServiceWorks Inc. – Product / Service
    • Exhibit 115: CSC ServiceWorks Inc. – Key offerings
  • 11.6 Delivery.com LLC 
    • Exhibit 116: Delivery.com LLC – Overview
    • Exhibit 117: Delivery.com LLC – Product / Service
    • Exhibit 118: Delivery.com LLC – Key offerings
  • 11.7 JUSTCLEAN GENERAL TRADING Co. W.L.L 
    • Exhibit 119: JUSTCLEAN GENERAL TRADING Co. W.L.L – Overview
    • Exhibit 120: JUSTCLEAN GENERAL TRADING Co. W.L.L – Product / Service
    • Exhibit 121: JUSTCLEAN GENERAL TRADING Co. W.L.L – Key offerings
  • 11.8 Laundrapp Operations Ltd. 
    • Exhibit 122: Laundrapp Operations Ltd. – Overview
    • Exhibit 123: Laundrapp Operations Ltd. – Product / Service
    • Exhibit 124: Laundrapp Operations Ltd. – Key offerings
  • 11.9 Laundryheap Ltd. 
    • Exhibit 125: Laundryheap Ltd. – Overview
    • Exhibit 126: Laundryheap Ltd. – Product / Service
    • Exhibit 127: Laundryheap Ltd. – Key offerings
  • 11.10 PML Solutions Pvt. Ltd. 
    • Exhibit 128: PML Solutions Pvt. Ltd. – Overview
    • Exhibit 129: PML Solutions Pvt. Ltd. – Product / Service
    • Exhibit 130: PML Solutions Pvt. Ltd. – Key offerings
  • 11.11 Rinse Inc. 
    • Exhibit 131: Rinse Inc. – Overview
    • Exhibit 132: Rinse Inc. – Product / Service
    • Exhibit 133: Rinse Inc. – Key offerings
  • 11.12 WASHMEN 
    • Exhibit 134: WASHMEN – Overview
    • Exhibit 135: WASHMEN – Product / Service
    • Exhibit 136: WASHMEN – Key offerings

12 Appendix

  • 12.2 Inclusions and exclusions checklist 
    • Exhibit 137: Inclusions checklist
    • Exhibit 138: Exclusions checklist
  • 12.3 Currency conversion rates for US$ 
    • Exhibit 139: Currency conversion rates for US$
  • 12.4 Research methodology 
    • Exhibit 140: Research methodology
    • Exhibit 141: Validation techniques employed for market sizing
    • Exhibit 142: Information sources
  • 12.5 List of abbreviations 
    • Exhibit 143: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
PR NewsWire

PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years.

Related Posts

Network Probe Market Projected To Hit USD 1004 Million at a

March 24, 2023

M. Venkaiah Naidu Delivered the 29th Lal Bahadur Shastri Memorial Lecture

March 24, 2023
Add A Comment

Comments are closed.

Advertisement
Editors Picks

Ford Halts Production at Two Plants to Deal with Problems

February 16, 2023

Adobe Speaks Out on Controversial AI Issue

January 20, 2023

Georgian Ambassador hails US defence ties as further $33 mln assist introduced

February 10, 2023

Thai PM suspended in authorized problem over time in workplace

August 24, 2022
Advertisement
Latest Posts

Network Probe Market Projected To Hit USD 1004 Million at a

March 24, 2023

M. Venkaiah Naidu Delivered the 29th Lal Bahadur Shastri Memorial Lecture

March 24, 2023

Pylontech obtém o primeiro certificado de bateria de íons de sódio do mundo da TÜV Rheinland

March 24, 2023

Business Lend is a platform which brings executives officers, entrepreneurs, and venture capitalist together from different sectors. We keep on connecting with our users with the help of our monthly edition carving our way slowly towards the highest readership.

Facebook Twitter Instagram LinkedIn
Must Read
  • Network Probe Market Projected To Hit USD 1004 Million at a March 24, 2023
  • M. Venkaiah Naidu Delivered the 29th Lal Bahadur Shastri Memorial Lecture March 24, 2023
  • Pylontech obtém o primeiro certificado de bateria de íons de sódio do mundo da TÜV Rheinland March 24, 2023

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2023 BusinessLend. Designed by ThemeSphere.
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors

Type above and press Enter to search. Press Esc to cancel.