Online laundry services market to reach $221.05 billion by 2030: Grand View Research, Inc.

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SAN FRANCISCO, September 26, 2022 /PRNewswire/ — The Global Online Laundry Services Market Size is Expected to Reach $221.05 billion by 2030, according to a new report from Grand View Research, Inc., expanding at a CAGR of 30.5% from 2022 to 2030. Busy work schedules and the increasing participation of women in the workforce are major factors fueling the adoption of online laundry services by urban consumers. In addition, demand is fueled by changing consumer preferences and improving living standards globally.

Key industry insights and findings from the report:

  • The dry cleaning services segment held the second largest share in 2021. Rising awareness of the benefits of dry cleaning among consumers is also driving the demand for the products.
  • The business application segment is expected to witness substantial growth over the forecast period. An increasing number of hotels and hospitals are expected to provide growth opportunities for online laundry service providers over the forecast period.
  • Asia Pacific is expected to register a lucrative CAGR of 34.2% over the forecast period. Growth in the region is mainly attributed to improved economic stability and living standards in developing economies, such as India, Chinaand Indonesia.

Read the full market research report for more insights, “Online Laundry Services Market Size, Share and Trends Analysis Report by Service (Laundry Care, Dry Cleaning, Cleaning duvets), by application (residential, commercial), by region and segment forecast, 2022 – 2030″, published by Grand View Research.

Online laundry services market growth and trends

Growing economic stability among middle-class consumers in emerging markets is driving demand for clothing, which has boosted demand for online laundry services. Moreover, increasing population and increase in tourism activities are key factors that are increasing the demand for online laundry services in the hospitality industry. These factors are expected to drive the market growth in the commercial sector over the forecast period.

The growing number of hotels, hospitals, restaurants and other business facilities has led to an increase in the demand for online laundry services. Moreover, companies strive to use innovative technologies to introduce new products to the market. For example, in April 2019, Girbau, SA has launched a washing machine with a capacity of 85 kg. The product can reach a high extraction rate of up to 405 G-force, which allows moisture removal and reduces drying time by 50%.

The laundry care services segment dominated the market in 2021. The changing trend towards clean homes and clothes and the rising importance of good health among consumers are factors driving the segment. Growing environmental awareness has given rise to the trend of cold washing clothes, which requires low-temperature, high-performance detergents.

North America held the largest market share in 2021 owing to the growing population of health-conscious consumers in the region. This has led to an increase in the use of laundry services. The changing trend towards hygiene and cleanliness among consumers, especially in developed countries like the United States, has increased the demand for cleaning products.

The companies in the market are focusing on strategies such as mergers and acquisitions in order to gain market share and increase their service footprint. In June 2019Laundrapp Ltd. announced its merger with Zipjet Ltd., a Berlin-laundry and dry cleaning company on demand. Additionally, the company has completed a funding round from existing investors including Hargreave, Toscafund, Hale VCT, Henkel and Rocket Internet for an undisclosed amount.

Online laundry services market segmentation

Grand View Research has segmented the global online laundry services market on the basis of service, application, and region

Online Laundry Services Market – Outlook (Revenue, USD Million, 2017 – 2030)

  • Linen care
  • Dry clean
  • clean duvet

Online Laundry Services Market – Application Outlook (Revenue, USD Million, 2017-2030)

Online Laundry Services Market – Regional Outlook (Revenue, USD Million, 2017-2030)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

List of Key Players of Online Laundry Services Market

  • DhobiLite
  • CLEANLY, Inc.
  • Fly cleaners
  • Laundry Ltd.
  • Zipjet Ltd.
  • Rinse, Inc.
  • Mulberrys Clothing Care
  • Laundryheap Ltd.
  • LAVERS
  • I HATE IRONING

Check out other related studies published by Grand View Research:

  • Dry cleaning and laundry services market The global dry cleaning and laundry services market size is expected to reach $79.91 billion by 2027, growing at a CAGR of 3.4% over the forecast period, according to a new report from Grand View Research, Inc. Rising consumer awareness of cleanliness and personal hygiene is expected to accelerate market growth in the years to come.
  • U.S. laundry facilities and dry cleaning services market – The U.S. laundry facilities and dry cleaning services market size is expected to reach $14.4 billion by 2028, according to a new report by Grand View Research, Inc. It is estimated to grow at a CAGR of 4.0% from 2021 to 2028. A growing number of dry cleaning and laundry service companies offer pick-up services through locker systems or automated kiosks. This allows people to drop off or pick up clothes at times that are most convenient for them.
  • laundry detergent market – The global laundry care market size is expected to reach $131.1 billion by 2028, registering a CAGR of 4.5% over the forecast period of 2022 to 2028, according to a new report by Grand View Research, Inc. Population increase in developing economies like Brazil, Indiaand China coupled with a growing trend in personal hygiene are some of the major factors propelling the demand for laundry care products across the globe.

Browse research reports on the home care and decoration industry from Grand View Research.

About Grand View Research

Grand View Research, a US-based market research and consulting firm, provides syndicated and custom research reports and consulting services. Checked in California and whose head office is at San Francisco, the company has more than 425 analysts and consultants, adding more than 1,200 market research reports to its extensive database each year. These reports offer in-depth analysis of 46 industries in 25 major countries around the world. Using an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and assess upcoming opportunities.

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SOURCEGrand View Research, Inc.

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