Online On-demand Laundry Service Market Size, Share Analysis Forecast 2021-2026

Industry Insights

[216+ Pages Report] According to the report published by Facts and Factors, the global online on-demand laundry service market size was valued at around USD 32.1 billion in 2020 and is expected to grow to around USD 345.4 billion by 2026 with a compound annual growth rate (CAGR) of roughly 35.7% between 2021 and 2026. The report analyzes the global online on-demand laundry service market drivers, challenges, and the impact they have on the demands during the forecast period. In addition, the report explores emerging opportunities in the online on-demand laundry service market.

Market Overview

Online on-demand laundry service markets are the litany of application-based help that aids in the process of washing laundry-based items rapidly, robustly, and conveniently. These services can even offer wider aspects of solutions such as arranging pickups and drop-offs from the doorsteps of the consumers. Additionally, these services contain portable methods of payment which makes them accessible to a range of consumers in this fast-paced lifestyle.

Industry Growth Factors

The global online on-demand laundry service market is expected to be boosted by contributing factors subjected to rising consciousness coupled with increasing demand for eco-friendly laundry-based detergents to name a few. Additionally, factors pertaining to rising promotional-based events pointing toward organic-based ingredients in their production process coupled with increasing consumer-based associated with a fast-paced lifestyle is expected to boost the growth of the global online on-demand laundry service market during the forecast period. Moreover, increasing incidences of skin allergies coupled with rising investments in the sector is expected to increase the consumer base for the global online on-demand laundry service market during the forecast duration.

The global online on-demand laundry service market is expected to be driven by factors such as a shift in consumer trend to rising standards coupled with rising demand for clean and fragrance-based clothes to name a few. Rising consumer awareness regarding healthy and hygienic lifestyles coupled with the rising development of a range of products by the key market participants is expected to fuel the global online on-demand laundry service market during the forecast period. However, the higher cost of implementation coupled with strict regulatory restrictions and policies regarding environmental concerns are expected to hamper the growth of the global online on-demand laundry service market during the forecast period.

Segmentation Analysis

The global online on-demand laundry service market is segmented into types of services, applications, and regions.

The global online on-demand laundry service market is divided into laundry care, dry clean, and duvet clean on the basis of types of services. The laundry care segment is expected to witness the largest market share during the advent of the forecast owing to the change in the trend of consumers right from cleaner homes to clothes coupled with the rising importance of good health and hygiene to name a few. Additionally, factors pertaining to rising environmental awareness coupled with a rising trend of the green environment are expected to cement the dominant market position of the latter segment during the forecast period. On the basis of application, the global online on-demand laundry service market can be broken down into residential and commercial. The residential segment is expected to witness the largest market share during the advent of the forecast owing to the increasing trend of consumers’ accessibility to various professional cleaning services coupled with the rising number of market participants which is expected to create a dynamic market landscape. Moreover, the commercial segment is expected to witness the fastest growing CAGR during the advent of the forecast owing to the rising hospitability sector on a global purview coupled with the introduction of robust technologies to name a few.

Report Scope

Regional Analysis

North America is expected to witness the largest market share during the advent of the forecast owing to the rising population pertaining to health-conscious consumers coupled with increasing utility measures of the laundry sector to name a few. Additionally, a rising trend of consumers opting for a fragrance-based lifestyle coupled with rising convenience integrated by the key market participants is expected to increase the footprint of the online on-demand laundry service market during the forecast period. Asia-Pacific is expected to witness the fastest growing CAGR during the advent of the forecast owing to a rising consumer base coupled with a rising trend of concentration of laundry product manufacturers to name a few.

Competitive Players

The key market participants for the global online on-demand laundry service marketare

• CLEANLY
• DhobiLite
• FlyCleaners
• Laundrapp Ltd.
• ZIP JET
• Wassup-On-Demand
• Mulberrys Garment Care
• PML Solutions Pvt Ltd.
• Laundrywalla
• delivery.com

By Types of Services Segment Analysis

• Laundry Care
• Dry Clean
• Duvet Clean

By Application Segment Analysis

• Residential
• Commercial