NEW YORK, June 23, 2022 /PRNewswire/ -- The online on-demand laundry service market size is expected to grow by USD 98.6 billion from 2021 to 2026 at a CAGR of 36.4% as per the latest market report by Technavio. 34% of the market's growth will originate from North America during the forecast period. The US is the key market for the online on-demand laundry service market in North America. Market growth in this region will be faster than the growth of the market in South America and Europe. The growth in the number of millennials, who prefer outsourcing their laundry, will facilitate the online on-demand laundry service market growth in North America over the forecast period. 

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Read the 120-page report with TOC on "Online On-demand Laundry Service Market Analysis Report by End-user (Residential and Commercial), Service (Laundry, Dry clean, and Duvet clean), and Geography (North America, Europe, APAC, Middle East and Africa, and South America), and the Segment Forecasts, 2022-2026". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/online-on-demand-laundry-service-market-industry-size-analysis

Get ready to achieve excellent business outcomes from this exclusive Online On-demand Laundry Service Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -

• What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
• What is the current trend taking place in the market space?
• Which business tactics will influence competitive scenarios along with defining the market's growth potential?
• What are market drivers, restraints, and challenges impacting demand & growth of the market?
• Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Online On-demand Laundry Service Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Online On-demand Laundry Service Market Forecast Report - Buy Now!

Online On-demand Laundry Service Market: Vendor Analysis

The online on-demand laundry service market is fragmented and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market. The online on-demand laundry service market report also offers information on several market vendors, including American Dry Cleaning Co., ByNext Inc., Cleanly, CSC ServiceWorks Inc., Delivery.com LLC, Elite DhobiLite Laundry Pvt. Ltd., ihateironing.com Ltd., JUST CLEAN GENERAL TRADING Co. W.L.L, Laundrapp Operations Ltd., Laundryheap Ltd., LaundryWala, Mr. Laundrywala, Mulberrys Garment Care, PML Solutions Pvt. Ltd., Rinse Inc., Rongchang Yaohua Network Technology Beijing Co. Ltd., The Procter and Gamble Co., WASHMEN, Wassup On Demand, and WishWash Laundry among others

• American Dry Cleaning Co. - The company offers online on-demand laundry services that include high-quality, non-aggressive eco-friendly technology, kind to one's clothing as well as the environment. 
• To know about all major vendor offerings - Click Now!

Online On-demand Laundry Service Market: Market Dynamics

Driver: The busy lifestyle allowing very little time for laundry is one of the key drivers supporting the online on-demand laundry service market growth. The current generation is finding it difficult to manage both professional and personal commitments due to their busy lifestyle. However, thanks to online on-demand laundry services, which have made it easy to take care of household work such as cleaning and laundry. At the same time, recognizing the problems faced by the professionals and other employed people, online on-demand laundry companies are offering the convenience of doorstep pickup and drop, thereby making the process more convenient. Such convenience will fuel the online on-demand laundry service market growth during the forecast period.

Challenges: High risk-reward ratio and low margin business are one of the factors hampering the online on-demand laundry service market growth. Regardless of all the benefits provided by online on-demand laundry services, there are risks associated with the laundry business that are higher than the rewards and profits it generates. Online on-demand laundry is a trust-based business where customers provide their expensive garments to service providers expecting no damage in return. However, providing quality service with zero errors consistently might be challenging for the companies. The profits that they earn may not be sufficient for service recovery to please customers in case a faulty service causes damage to their garments. Thus, such accidents can have a negative impact on the online on-demand laundry service market growth during the forecast period.

Online On-demand Laundry Service Market: Segmentation Analysis

End-user Outlook (Revenue, USD bn, 2021-2026)

• Residential - size and forecast 2021-2026
• Commercial - size and forecast 2021-2026

 Service Outlook (Revenue, USD bn, 2021-2026)

• Laundry - size and forecast 2021-2026
• Dry clean - size and forecast 2021-2026
• Duvet clean - size and forecast 2021-2026

 Geography Outlook (Revenue, USD bn, 2021-2026)

• North America - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• APAC - size and forecast 2021-2026
• Middle East and Africa - size and forecast 2021-2026
• South America - size and forecast 2021-2026

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Table of Content

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Service
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 13: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 18: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments
• Exhibit 25: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 26: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user
• Exhibit 27: Chart on Comparison by End-user
• Exhibit 28: Data Table on Comparison by End-user

• 5.3 Residential - Market size and forecast 2021-2026
• Exhibit 29: Chart on Residential - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Data Table on Residential - Market size and forecast 2021-2026 ($ billion)
• Exhibit 31: Chart on Residential - Year-over-year growth 2021-2026 (%)
• Exhibit 32: Data Table on Residential - Year-over-year growth 2021-2026 (%)

• 5.4 Commercial - Market size and forecast 2021-2026
• Exhibit 33: Chart on Commercial - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Data Table on Commercial - Market size and forecast 2021-2026 ($ billion)
• Exhibit 35: Chart on Commercial - Year-over-year growth 2021-2026 (%)
• Exhibit 36: Data Table on Commercial - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by End-user
• Exhibit 37: Market opportunity by End-user ($ billion)

6 Market Segmentation by Service

• 6.1 Market segments
• Exhibit 38: Chart on Service - Market share 2021-2026 (%)
• Exhibit 39: Data Table on Service - Market share 2021-2026 (%)

• 6.2 Comparison by Service
• Exhibit 40: Chart on Comparison by Service
• Exhibit 41: Data Table on Comparison by Service

• 6.3 Laundry - Market size and forecast 2021-2026
• Exhibit 42: Chart on Laundry - Market size and forecast 2021-2026 ($ billion)
• Exhibit 43: Data Table on Laundry - Market size and forecast 2021-2026 ($ billion)
• Exhibit 44: Chart on Laundry - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on Laundry - Year-over-year growth 2021-2026 (%)

• 6.4 Dry clean - Market size and forecast 2021-2026
• Exhibit 46: Chart on Dry clean - Market size and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on Dry clean - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on Dry clean - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Dry clean - Year-over-year growth 2021-2026 (%)

• 6.5 Duvet clean - Market size and forecast 2021-2026
• Exhibit 50: Chart on Duvet clean - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on Duvet clean - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on Duvet clean - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Duvet clean - Year-over-year growth 2021-2026 (%)

• 6.6 Market opportunity by Service
• Exhibit 54: Market opportunity by Service ($ billion)

7 Customer Landscape

• 7.1 Customer landscape overview
• Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation
• Exhibit 56: Chart on Market share by geography 2021-2026 (%)
• Exhibit 57: Data Table on Market share by geography 2021-2026 (%)

• 8.2 Geographic comparison
• Exhibit 58: Chart on Geographic comparison
• Exhibit 59: Data Table on Geographic comparison

• 8.3 North America - Market size and forecast 2021-2026
• Exhibit 60: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 61: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 62: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 63: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 8.4 Europe - Market size and forecast 2021-2026
• Exhibit 64: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 65: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 66: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 67: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 8.5 APAC - Market size and forecast 2021-2026
• Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 8.6 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 8.7 South America - Market size and forecast 2021-2026
• Exhibit 76: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 77: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 78: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 79: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 8.8 US - Market size and forecast 2021-2026
• Exhibit 80: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 81: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 82: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 83: Data Table on US - Year-over-year growth 2021-2026 (%)

• 8.9 China - Market size and forecast 2021-2026
• Exhibit 84: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 85: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 86: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 87: Data Table on China - Year-over-year growth 2021-2026 (%)

• 8.10 Germany - Market size and forecast 2021-2026
• Exhibit 88: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 89: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 90: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 91: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 8.11 Japan - Market size and forecast 2021-2026
• Exhibit 92: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 93: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 94: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 95: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 8.12 UK - Market size and forecast 2021-2026
• Exhibit 96: Chart on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 97: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 98: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 99: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 8.13 Market opportunity by geography
• Exhibit 100: Market opportunity by geography ($ billion)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges
• Exhibit 101: Impact of drivers and challenges in 2021 and 2026

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape
• Exhibit 102: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption
• Exhibit 103: Overview on factors of disruption

• 10.4 Industry risks
• Exhibit 104: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 105: Vendors covered

• 11.2 Market positioning of vendors
• Exhibit 106: Matrix on vendor position and classification

• 11.3 American Dry Cleaning Co.
• Exhibit 107: American Dry Cleaning Co. - Overview
• Exhibit 108: American Dry Cleaning Co. - Product / Service
• Exhibit 109: American Dry Cleaning Co. - Key offerings

• 11.4 ByNext Inc.
• Exhibit 110: ByNext Inc. - Overview
• Exhibit 111: ByNext Inc. - Product / Service
• Exhibit 112: ByNext Inc. - Key offerings

• 11.5 CSC ServiceWorks Inc.
• Exhibit 113: CSC ServiceWorks Inc. - Overview
• Exhibit 114: CSC ServiceWorks Inc. - Product / Service
• Exhibit 115: CSC ServiceWorks Inc. - Key offerings

• 11.6 Delivery.com LLC
• Exhibit 116: Delivery.com LLC - Overview
• Exhibit 117: Delivery.com LLC - Product / Service
• Exhibit 118: Delivery.com LLC - Key offerings

• 11.7 JUSTCLEAN GENERAL TRADING Co. W.L.L
• Exhibit 119: JUSTCLEAN GENERAL TRADING Co. W.L.L - Overview
• Exhibit 120: JUSTCLEAN GENERAL TRADING Co. W.L.L - Product / Service
• Exhibit 121: JUSTCLEAN GENERAL TRADING Co. W.L.L - Key offerings

• 11.8 Laundrapp Operations Ltd.
• Exhibit 122: Laundrapp Operations Ltd. - Overview
• Exhibit 123: Laundrapp Operations Ltd. - Product / Service
• Exhibit 124: Laundrapp Operations Ltd. - Key offerings

• 11.9 Laundryheap Ltd.
• Exhibit 125: Laundryheap Ltd. - Overview
• Exhibit 126: Laundryheap Ltd. - Product / Service
• Exhibit 127: Laundryheap Ltd. - Key offerings

• 11.10 PML Solutions Pvt. Ltd.
• Exhibit 128: PML Solutions Pvt. Ltd. - Overview
• Exhibit 129: PML Solutions Pvt. Ltd. - Product / Service
• Exhibit 130: PML Solutions Pvt. Ltd. - Key offerings

• 11.11 Rinse Inc.
• Exhibit 131: Rinse Inc. - Overview
• Exhibit 132: Rinse Inc. - Product / Service
• Exhibit 133: Rinse Inc. - Key offerings

• 11.12 WASHMEN
• Exhibit 134: WASHMEN - Overview
• Exhibit 135: WASHMEN - Product / Service
• Exhibit 136: WASHMEN - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist
• Exhibit 137: Inclusions checklist
• Exhibit 138: Exclusions checklist

• 12.3 Currency conversion rates for US$
• Exhibit 139: Currency conversion rates for US$

• 12.4 Research methodology
• Exhibit 140: Research methodology
• Exhibit 141: Validation techniques employed for market sizing
• Exhibit 142: Information sources

• 12.5 List of abbreviations
• Exhibit 143: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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