On-Demand Laundry Service Market Poised for Significant Growth, Projected to Reach USD 362.51 Billion by 2032

On-Demand Laundry Service Market.jpg

The On-Demand Laundry Service market is set to experience robust growth, with an expected compound annual growth rate (CAGR) of approximately 30.4% during the forecast period. The global market revenue is projected to surge from approximately USD 25.5 billion in 2022 to an impressive USD 362.51 billion by 2032.

The expansion of the On-Demand Laundry Service market can be attributed to evolving consumer lifestyles, particularly the increasing number of working professionals who find traditional laundry tasks time-consuming and burdensome. As more individuals enter the workforce and the demand for convenience rises, the market is adapting to meet these needs.

The convenience offered by on-demand laundry services is particularly appealing to busy professionals, especially women, whose participation in the workforce is steadily increasing. With urbanization and rising disposable incomes, consumers are more willing to invest in services that save time and enhance their quality of life.

Key Takeaways

  • The On-Demand Laundry Service market is projected to grow from USD 25.5 billion in 2022 to USD 362.51 billion by 2032.
  • The market is expected to achieve a CAGR of approximately 30.4% during the forecast period.
  • Evolving consumer lifestyles are driving demand for convenient laundry services.
  • Busy professionals, especially working women, are primary consumers of on-demand laundry services.
  • User-friendly apps and websites enhance customer engagement and streamline service orders.
  • Services like pick-up and delivery significantly reduce the time burden of laundry tasks.
  • High initial investments and operational risks pose challenges for new entrants in the market.
  • The U.S. is the largest market, fueled by heightened hygiene awareness post-pandemic.
  • India is experiencing rapid growth in on-demand laundry services due to rising employment and urbanization.
  • Stakeholders are encouraged to explore innovation and growth opportunities within the expanding market.

Regional Insights

  • United States: The largest market for on-demand laundry services, driven by increased hygiene awareness and a focus on self-care post-pandemic.
  • India: Experiencing significant growth in on-demand laundry services, fueled by rising women’s employment and a busy urban lifestyle.

Competitive Landscape

Some key players in the On-Demand Laundry Service market are Procter & Gamble, Hamperapp, Rinse Inc., The Hustle, FlyCleaners, DRVY CLEANLY, Hampr, Mulberrys Garment Care, IHATEIRONING, Edaixi, WASHMEN, PML Solutions and others.

  • Hamperapp is providing on demand laundry services including washing and dry cleaning and folding laundry items. The providers ensure that pickup and drop of laundry load is on time. Also, they take care that colored clothes and white clothes are washed separate. The service provider also ensure that they will wash clothes again if customers are not satisfied with the service.
  • IHATEIRONING are providing services like washing and ironing clothes and other laundry items as bedding, in affordable prices. They are also offering repairing and patching services along with daily laundry needs.

Get Connected with Our Expert Analyst on Email: sales@futuremarketinsights.com

Key Segments Profiled in the On-Demand Laundry Service Market

By Components:

  • Apps
  • Services
  • Dry cleaning
  • Wash & Fold
  • Hang Dry
  • Others

By Services:

  • General Washing
  • Wash & Fold
  • Dry Cleaning
  • Delivery Services
  • Others

By Laundry Items:

  • Casual Wears
  • Bedding
  • Robes
  • Hang Dry items
  • Suits, Coats and Blazers
  • Home Decoration Clothes
  • Others

By End-User:

  • Residential
  • Commercial

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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