What is Online On-demand Laundry Service Market?
Online laundry service offers door-to-door services like dry cleaning, washing, folding, and ironing of clothes to the customers. On-demand laundry service providers hire delivery professionals and partner with the local dhobis to manage them. In recent times, online laundry services are gaining much popularity due to the busy lifestyle and cost-effective service. The growing tourism sector, thereby hospitality industry will also create huge demand for door-to-door laundry service in nearer future.
The market study is being classified and major geographies with country level break-up.
Cleanly (United States), Rinse (United States), 24tidy (China), Mulberrys Garment Care (United States), Washmen (United Arab Emirates), Wassup Laundry (India), Laundrapp (United Kingdom), Tide Spin (United States), Laundryheap (United Kingdom), FlyCleaners (United States), LaundroKart (India), DRYV LLC (United States) and Edaixi (China) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Online On-demand Laundry Service market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Online On-demand Laundry Service market by Type, Application and Region.
On the basis of geography, the market of Online On-demand Laundry Service 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand of Online Service Platforms to Save Time and Additional Costs
- Increased Use of Internet and Penetration of Smartphones Will Boost the Adoption of Mobile Applications
- Low Margin and Shortage of Skilled Labor Will Restraint the Market
- High Adoption in Developed Countries Due to Large Number of Working Population and Busy Lifestyle
- Slow Adoption in Some Developing and Underdeveloped Countries Due to Lack of Awareness among People
Market Leaders and some development strategies
In June 2019, Laundrapp, a laundry service startup announced the merger with its biggest competitor, Zipjet to become the largest on-demand laundry service. Laundrapp sees this transaction as an important step towards building a sector-leading capability and aims to put convenience, choice, and value at the center of its customer proposition. However, the merger of two significant operators within the on-demand laundry industry will help lay the foundations for the next wave of investment into technology and infrastructure.
In February 2021, Laundryheap 2.8 million Euros to continue international expansion. During the pandemic, Laundryheap introduced new ‘virus wash’ services and extra-hot cleaning offerings, as well as expanded support for their B2B clients. The company has also focused on making its supply chain more sustainable through green cleaning techniques and low-carbon transport. However, Laundryheap will use the funding to accelerate its expansion to additional international markets, whilst retaining its focus on sustainable growth and profitability.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Online On-Demand Laundry Service Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Online On-demand Laundry Service Market?
"Increasing Demand of Online Service Platforms to Save Time and Additional Costs" is seen as one of major growth factors of Online On-demand Laundry Service Market in years to come.
2. Can we have customized study for Online On-demand Laundry Service Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Online On-demand Laundry Service Market?
United States will lead Online On-demand Laundry Service Market in coming years.