What is Laundry Lockers?
Laundry Lockers are tech enabled services where can drop and collect their laundry from. This Services are promising a revolution in Laundry Services Market by providing convenience to working professionals in major urban centers. The concept of Laundry Lockers is in an embryo stage and thus is facing major development. Geographically, North America is the biggest market although Asia Pacific has huge potential to grow primarily because of large population and large number of smart phone users.
The market study is broken down and major geographies with country level break-up.
Growing Digitisation has led to new innovative digital or tech enabled products, one of them being Laundry Locker services which are promising revolution in laundry market. Major Players in this market are Mulberrys Garment Care, Laundryheap and Washbox along with other players.
Mulberrys Garment Care (United States), Invati Tech Pvt. Ltd. (India), Ezipod (Malaysia), Dry Cycle Brands, LLC (United States), Breezy Laundry Lockers (Australia), Laundryheap (United Kingdom), Lockergernie (United States), Box24 Co., Ltd. (Thailand), Dry Clean Lockers (United States), Fabkare Inc. (India) and Laundrylux Inc. are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Laundry Lockers market by Type, Application and Region.
On the basis of geography, the market of Laundry Lockers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Dry Cleaning will boost the Laundry Lockers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Apartment Residents will boost the Laundry Lockers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Cloths, the sub-segment i.e. Shirt will boost the Laundry Lockers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Security, the sub-segment i.e. Digital will boost the Laundry Lockers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2021, ByNext, a United States based Home Tech Solutions Provider has announced completion of acquisition of Washbox, which is an emerging Laundry company with laundry locker services as a prime factor. The acquisition will enable ByNext to strengthen its Existing Market base and capitalise to penetrate or expand to other markets.
- Smart Lockers Operated and Accessed through Smart Phones
- Growth of Laundry Services
- Rising Trend of Digitisation
- Asia Pacific has Huge Potential as a Market
- Intense Competition from Washing Machine Lending Services
- Competition from Pick and Drop Services from Home
- Expensive than Local Laundry Services
- Availability of Laundry Locker Services
- Large Scale of Inefficiencies with Business
Key Target AudienceLaundry Locker Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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