Online Laundry Service Market Size, By Service Type (Laundry Care, Dry Clean, Duvet Clean), By End Use (Residential, Commercial) & Forecast, 2023 - 2032
Online Laundry Service Market Size, By Service Type (Laundry Care, Dry Clean, Duvet Clean), By End Use (Residential, Commercial) & Forecast, 2023 - 2032
Online Laundry Service Market size is set to expand at more than 18.5% CAGR from 2023 to 2032, attributed to the increasing demand for convenience and time-saving services worldwide.
The widespread adoption of digital technology, including smartphones and the internet has revolutionized the way consumers access and use laundry services. Online platforms offer the convenience of scheduling laundry pickups, selecting services, and making payments through user-friendly mobile apps or websites. For instance, In December 2022, well-known smart laundry technology platform Tumble, launched Tumble Pickup & Delivery, a quicker, more dependable, and transparent on-demand washing service. Moreover, the burgeoning convenience and hygiene concerns is also contributing to the industry growth.
The online laundry service market is segmented as per service type, end-use, and region.
Based on service type, the online laundry service market from the dry-cleaning segment will gain significant traction between 2023 and 2032, driven by the higher need for clean, well-maintained clothing in the corporate world and among individuals with busy lifestyles. Online dry-cleaning services provide convenient ways to customers to maintain their professional attire and delicate garments. The rising consumer preference and the higher demand for convenient and time-saving solutions will propel the segment growth.
In terms of end-use, the industry value from the commercial segment generated substantial revenue in 2022 and is expected to depict robust growth through 2032. Online laundry services ensure seamless operation and provide efficient solutions for managing the laundry needs of commercial clients by offering bulk cleaning, linen maintenance, and timely delivery. With businesses, such as hotels, restaurants, and healthcare facilities prioritizing cost-efficiency and quality service, the demand for online laundry services is further likely to expand.
Regionally, the online laundry service market in Asia Pacific is set to experience considerable growth between 2023 and 2032 due to the burgeoning urban population, changing lifestyles, and increasing disposable incomes. Moreover, the rising awareness of hygiene and cleanliness particularly in the wake of the COVID-19 pandemic has compelled more people to turn to professional laundry services, thereby offering potential growth opportunities to the industry players. For instance, in May 2022, Abhinay Choudhary, co-founder of Bigbasket, launched LaundryMate, an online laundry services business to provide services, such as washing, dry cleaning, ironing, and steam ironing on its platform.