Global Online On-Demand Laundry Service Market Expected to Reach USD 563.05 Billion by 2032

Global Online On-Demand Laundry Service Market Size Will Growing at a CAGR of around 36.20% between 2024 - 2032

The new report by Zion Market Research on the “Online On-demand Laundry Service Market — Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024 – 2032" has vast information about the market and its potential. The global online on-demand laundry service market was worth around USD 34.91 Billion in 2023 and is predicted to grow to around USD 563.05 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 36.20% between 2024 and 2032.

The increasing smartphone penetration and growing m-commerce platforms are the key factors that are triggering the growth of the online on-demand laundry market globally. Increasing internet penetration with smartphones has availed consumers in utilizing several online services such as on-demand laundry services. Several facilities are offered in the online on-demand laundry service such as free pick-and-drop services which have positively affected the growth of the online on-demand laundry service market.

Browse the full “Online On-demand Laundry Service Market; by Type (Laundry, Dry clean, and Duvet clean); by Application (Residential and Commercial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024– 2032?” report at https://www.zionmarketresearch.com/report/online-on-demand-laundry-service-market

Our research analysts concluded that the online on-demand laundry service market will witness significant growth in the forecast period. The market players are including both laundry and cleaning services in the online on-demand laundry services thus providing convenience for the consumers to minimize their burden of washing clothes, taking them to public machines that are coin-operated, or finding dry cleaners in the nearby locality.
The global online on-demand laundry service market is segmented on the basis of type, application, and geographical regions.

Global Online On-demand Laundry Service Market: Type Segment Analysis 

• Laundry 
• Dry clean 
• Duvet clean

Global Online On-demand Laundry Service Market: Application Segment Analysis

• Residential 
• Commercial 

Global Online On-demand Laundry Service Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

Laundry, dry cleaning, and duvet clean are the three types of online on-demand laundry services. The laundry segment accounted for a major share of the online on-demand laundry service market in 2017. Regularly used office clothes and daily home wear are given to the laundries as they do not require special attention like in the case of party wear, suits, blazers, or other clothes that have a special set of washing instructions. As most of the clothes that come to the laundry are just for washing and ironing rather than for dry cleaning the laundry segment contributed the major share in the online on-demand laundry service market. It is anticipated that this segment will dominate in the forecast period also and will register the highest CAGR of more than 32%.

The residential segment is dominating the online on-demand laundry service market. The segment accounted for more than 60% of revenue share in 2016 in the global online on-demand laundry services market. As commercial places such as hospitals, hotels, and restaurants have their own laundry services thus they rarely rely on online laundry services thus major market share is contributed by the residential segment. Increasing disposable income and improving the lifestyle of people has propelled the demand for online on-demand laundry services. 
    
The market is growing rapidly in the developed regions. North America has registered an influential share in the online on-demand laundry service market in 2017. In North America, the U.S. contributed more than 80% of the revenue share in 2016. An increasing number of commercial facilities utilizing these services has boosted the demand for online on-demand laundry service in the country. The online on-demand laundry services market will witness a rapid growth rate in the Asia Pacific and is anticipated to register the highest CAGR growth owing to rapid urbanization and the improving lifestyle of the people.

Key Market Players & Competitive Landscape

The major market players in the online on-demand laundry service market are 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, and Wassup, among others. 

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