China Online Laundry Service Market Size & Outlook
China online laundry service market, 2018-2030 (US$M)
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China online laundry service market highlights
- The China online laundry service market generated a revenue of USD 1,664.1 million in 2023 and is expected to reach USD 14,246.2 million by 2030.
- The China market is expected to grow at a CAGR of 35.9% from 2024 to 2030.
- In terms of segment, laundry care was the largest revenue generating service in 2023.
- Duvet is the most lucrative service segment registering the fastest growth during the forecast period.
Online laundry service market data book summary
| Market revenue in 2023 | USD 1,664.1 million |
| Market revenue in 2030 | USD 14,246.2 million |
| Growth rate | 35.9% (CAGR from 2023 to 2030) |
| Largest segment | Laundry care |
| Fastest growing segment | Duvet |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laundry Care, Dry Clean, Duvet |
| Key market players worldwide | Dhobilite.com, ByNext, Press Technologies, Lapels Dry Cleaning, Zipjet, Rinse, Mulberrys, Laundryheap, Washmen, ihateironing.com |
Other key industry trends
- In terms of revenue, China accounted for 5.8% of the global online laundry service market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China online laundry service market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,235.0 million by 2030.
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Online Laundry Service Market Scope
Online Laundry Service Market Companies
| Name | Profile | # Employees | HQ | Website |
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China online laundry service market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to online laundry service market will help companies and investors design strategic landscapes.
Laundry care was the largest segment with a revenue share of 43.1% in 2023. Horizon Databook has segmented the China online laundry service market based on laundry care, dry clean, duvet covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing penetration of broadband and mobile internet across China has driven the market for online services. In 2017, China had the highest rate of internet usage, followed by India and the U.S. Moreover, the shifting trend toward nuclear families poses an advantage for the market.
Millennials tend to spend more time on work and less time on daily house chores, which is increasing the preference for time-saving options, such as online laundry services. Increasing number of millennials in the country is expected to favor the market in the coming years.
China provides lucrative opportunities in the market owing to its large population. Moreover, the country is experiencing an increase in the concentration of laundry products & washing machine manufacturers, including Midea, Haier, Siemens, Little Swan, Panasonic, Samsung, Sanyo, and TCL Corporation.
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Our clientele includes a mix of online laundry service market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China online laundry service market , including forecasts for subscribers. This country databook contains high-level insights into China online laundry service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China online laundry service market size, by service, 2018-2030 (US$M)
China Online Laundry Service Market Outlook Share, 2023 & 2030 (US$M)
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