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Online Laundry Service Market Size

Report ID: GMI6220
Published Date: Jul 2023
Report Format: PDF

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Online Laundry Service Market Size

Online Laundry Service Market size was valued at USD 23.2 billion in 2022 and is estimated to register at a CAGR of over 18.5% between 2023 and 2032. The increasing demand for technological innovations is propelling the market demand. Customers are seeking convenient & efficient laundry solutions enabled by digital platforms, mobile apps, and automation. The incorporation of technology improves service accessibility and enhances customer experience, driving the market growth.

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The online laundry service market offers laundry services to customers through digital platforms including websites or mobile applications. These services provide convenience & time-saving benefits by letting customers arrange laundry pick-up and delivery online. Online laundry services enable digital booking, quality cleaning, tracking & notifications, customizations, online payments, and eco-friendly practices. These features jointly improve the convenience, reliability, and general customer experience in the market.

Online Laundry Service Market Report Attributes
Report Attribute	Details
Base Year:	2022
Online Laundry Service Market Size in 2022:	USD 23.2 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	18.5%
2032 Value Projection:	USD 119.5 Billion
Historical Data for:	2018 - 2022
No. of Pages:	300
Tables, Charts & Figures:	197
Segments covered:	Service Type and End Use
Growth Drivers:	Increasing urbanization across the globe Rise in technology-savvy customer base Increasing skin diseases and allergies Increasing awareness of environmental sustainability
Pitfalls & Challenges:	Less trust between customers and laundry service providers The major drawback of online laundry service

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The major drawback of online laundry services is establishing trust and overcoming customer concerns regarding the handling of personal belongings is likely to restrain the market growth. Laundry involves the handling of clothing and other personal items, which can be perceived as private and sensitive by customers. Some individuals may have reservations about entrusting their belongings to an online laundry service, especially if they have concerns about the security and care of their items.

Building trust and assuring customers of safety, confidentiality, and proper handling of their belongings is crucial for online laundry service providers to overcome this restraint and gain widespread acceptance in the market. Implementing robust security measures, transparent processes, and reliable customer support can help address customer concerns and establish trust in the online laundry service industry.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of online laundry service was reached USD 23.2 billion in 2022 and is estimated to record over 18.5% CAGR from 2023 to 2032, due to the increasing demand for technological innovations.

The laundry care service type segment held over 50% of the market share in 2022, owing to comprehensive solutions, expertise, eco-friendly practices, high volume, and bulk services.

The residential end use segment recorded 64% of the market share in 2022, attributed to benefits, such as door-to-door pick-up & delivery, customized care options, and flexible scheduling.

North America market accounted for 34% of the revenue share in 2022, driven by the high level of technological adoption, busy urban population, and growing preference for convenient & time-saving services.