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Market Research Report

Global Online On-Demand Laundry Service Market by Types of Service (Laundry, Steam Press, Dry-Cleaning), by Equipment Type (Washing Machines, Commercial Dryers, & Pressing Machines), And by Geography - Industry Size & Trends Analysis And Forecast 2016-2024

Published On : 2018-03-16 Report Page : 270 Category: Consumer Retail

Global Online On-Demand Laundry Service Market 

Market Overview

The online on-demand laundry service market is trending among the fast moving, career oriented people with a busy schedule who are offered convenient laundry services. On-demand service platform of high performance is essential to provide a clustered, fault-tolerant, on-demand, scalable solution to the customers. The internet penetration in an economy is the foremost parameter for the success of the online on-demand laundry service market. As per the analysis, in 2017 China had the largest internet penetration followed by India and the U.S.A. having 1004.11, 331.77and 272.43 number of internet users respectively, on the back of the large number of population. A trend of shifting from joint families to living alone or in a nuclear family is seen to be rising, thus posing an advantage for the online on-demand laundry service providers to expand their business by targeting this segment of population.

Goldstein Research analyst forecast the global online on-demand laundry service market size is set to grow at a CAGR of 35.2%% over the forecast years. Demographic, economic and technological developments in a region, growth in apparel industry, rising environmental concerns of water and energy conservations are some of the factors that will impact the demand for online on-demand laundry services.

Covered in This Online On-demand Laundry Service Market Report

The report covers the present ground scenario and the future growth prospects of the online on-demand laundry service market for 2016-2024 along with the global data of orders executed of the online on-demand laundry service products. We calculated the market size and revenue share on the basis of revenue generated from major players and number of client served by online on-demand laundry service from major players across the globe. 

Global Online On-Demand Laundry Service Market Segmentation

By Types of Services

  • Laundry
  • Steam Press
  • Dry-Cleaning
  • Car-Cleaning
  • Shoe Cleaning
  • Accessories Cleaning

By Types of Equipment

  • Washing machines
  • Commercial Dryers
  • Pressing Machines
  • Automatic Bifurcating equipment

By End Use Segment

  • Commercial Segment
  • Household Segment

Based on Geography

  • North America (U.S. & Canada)  online on-demand laundry service market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America)  online on-demand laundry service market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE)  online on-demand laundry service market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)  online on-demand laundry service market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA)  online on-demand laundry service market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)

By region, North America dominates the global market in term of revenue. U.S is the leading country in North Amercia region. Laundry service segment registered highest market share of more than 45%. Developed economies are likely to show strong growth in the upcoming 4-5 years. Commercial end user segment is anticipated to be most opportunistic segment, owing to increasing adoption of on-demand model in commercial sector such as Hospitals, Hotels etc.

Online on-demand laundry service market outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the online on-demand laundry service market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global online on-demand laundry service market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Market Trends, Drivers and Challenges

According to the report, there is a rising trend of angel investors or seed investors, investing in the startups of online on-demand laundry service business, making it viable to flourish in the highly competitive market and implement tactics to improve their business model. The model is mainly focused on timeliness, convenience and cost among the other factors.   

The infrastructure development of a region such as internet penetration, devices that support the applications and the logistics infrastructure is the key driver for the growth and development of the online on-demand laundry service market. The developed countries are well equipped with such infrastructure facilities.

Further, the major challenge for the online on-demand laundry service market is high risk of earning low return on investment due to lack of skilled labor and low business margin, in order to keep up with the competition, discounts and other promotional offers are given. For example, Prim, Homejoy, Washio, and few other online on -demand laundry service were shut down owing to a common reason of wrong business model that could not let them stabilize in the market based on their cost and quality of service rendered.

Global Online On-Demand laundry service Market Analysis

Based on geography, North America has the largest market share of online on-demand laundry service market of 38.2% because of the advanced logistics and high internet penetration providing accessibility for customers to get laundry done. Asia-Pacific being a developing region, the infrastructure is also developing at a significant rate and having a market share of 18.3% of the global total, proving to be an opportunistic market for the new entrants.

Key Players

Global online on-demand laundry service market report comprises of the following companies as the key players in the online on-demand laundry service market: Cleanly, Dhobilite, Flycleaners, Delivery.com, Laundrapp, ZIP JET, Wassup-On-Demand, Mulberrys Garment Care, PML Solutions, laundrywala.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Online on-demand laundry service Market Report

  • What is the total market size by 2024 and what would be the expected growth rate?
  • What is the revenue of online on-demand laundry service market in 2015-16 and what would be the expected demand over the forecasted period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who all are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Global Online On-Demand Laundry Service Market by Types of Service (Laundry, Steam Press, Dry-Cleaning), by Equipment Type (Washing Machines, Commercial Dryers, & Pressing Machines), And by Geography - Industry Size & Trends Analysis And Forecast 2016-2024

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements