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Online Laundry Service Market 2019 Growth, Latest Trend Analysis And Forecast 2025 | Grand View Research, Inc.

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Online Laundry Service Market 2019 Growth, Latest Trend Analysis And Forecast 2025 | Grand View Research, Inc.

October 15
10:15 2021
Online Laundry Service Market 2019 Growth, Latest Trend Analysis And Forecast 2025 | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the product demand is fueled by shifting consumer preferences and improving living standards on a global level. Furthermore, consumer inclination towards fragrance lifestyle has increased the demand for clean and fragrance-based clothes. This, in turn, will promote the scope of online services from 2019 to 2025

The global online laundry service market size is expected to reach USD 113.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 35.8% over the forecast period. Increasing awareness regarding personal hygiene and cleanliness is expected to expand the scope of online laundry services.

Increasing penetration of internet based devices as well as m-commerce operations trigger the market demand. Furthermore, rising adoption of fragrance lifestyle has urged the consumers to invest in these facilities with utmost convenience and affordability. The online services provide various facilities incorporating consumer’s convenience such as free pick and delivery services, which, in turn, has fueled the market demand.

On-demand laundry services are expected to witness growth as they provide the comfort of availing fresh and clean clothes without taking them to coin operated public machines. Moreover, increasing penetration of smart technology introduced in washing machines benefit in minimizing the chaos of resource exploitation. Overuse of resources such as water and energy are cut through with the advent of new technologies in the laundry industry. For instance, Hydrofinity launched XConnect, which is a cloud based system that tracks the cycle data of laundry including consumption of water and electricity.

The residential application segment held the largest market share owing to the maximum utility of laundry facilities by consumers on a daily basis. Increasing internet penetration across developing countries such as India and China has driven the market for online services. In 2017, China had the largest penetration rate of internet usage, followed by India and U.S. Moreover, shifting trend towards nuclear families poses an advantage for the global market on account of decreased number of members in the family.

Prominent players in the online laundry service market focus on technology aspect to derive the most out of the market. For instance, in October 2018, Hughes, after the acquisition of Armstrong Commercial Laundry Systems, have launched Hughes Pro, a commercial laundry and dishwashing dealership. This dealership supports on premise laundries on a national scale.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/online-laundry-service-market

Online Laundry Service Market Report Highlights

• The residential application segment dominated the global market with a share of over 60.0% in 2018

• North America dominated the global market in 2018 and accounted for 31.8% share of the overall revenue

• Increasing internet penetration in countries such as India and China is anticipated to remain a favorable factor for the APAC market

• The online laundry service industry is highly competitive in nature with the main players including CLEANLY, DhobiLite, FlyCleaners, delivery.com, ‘LLC’, Laundrapp Ltd., and ZIP JET.

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/online-laundry-service-market/request/rs1

Online Laundry Service Market Segmentation

Grand View Research has segmented the Online Laundry Service market based on product, end use, and region:

Online Laundry Service End Use Outlook (Revenue, USD Million, 2014 – 2025)

    • Healthcare                                           

    • Healthcare        

    • Healthcare

    • Energy     

    • Healthcare

    • Retail

    • Others

Online Laundry Service End Use Outlook (Revenue, USD Million, 2014 – 2025)

    • IT & Telecommunications

    • BFSI

    • Government

    • Energy

    • Healthcare

    • Retail

    • Others

Online Laundry Service End Use Outlook (Revenue, USD Million, 2014 – 2025)

    • Healthcare

    • Healthcare

    • Healthcare

    • Energy     

    • Healthcare

    • Retail

    • Others

Online Laundry Service Regional Outlook (Revenue, USD Million, 2014 – 2025)

     • North America       

        • U.S.

        • Canada

     • Europe

        • Germany

        • U.K.

        • Spain

        • Italy

        • France

        • Netherlands

        • Denmark

        • Finland

        • Russia

     • Asia Pacific

        • China

        • India

        • Japan

        • Singapore

        • Australia

        • South Korea

     • Latin America

        • Brazil

        • Mexico

        • Argentina

     • Middle East & Africa

        • UAE

        • Saudi Arabia

        • South Africa     

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/6018/ibb

Browse More Related Report:

Dry-cleaning & Laundry Services Market Size, Share & Trends Analysis Report By Services (Laundry, Dry Cleaning, Duvet Clean), By Application, By Region, And Segment Forecasts, 2020 – 2027

About Grand View Research

Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.

Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients. 

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Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
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Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/online-laundry-service-market