Market revenue in 2023 | USD 595.3 million |
Market revenue in 2030 | USD 6,235.0 million |
Growth rate | 39.9% (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 |
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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 46.6% in 2023. Horizon Databook has segmented the India online laundry service market based on laundry care, dry clean, duvet covering the revenue growth of each sub-segment from 2018 to 2030.
India is one of the fastest-growing economies in the world, with a rapidly growing population. According to UN, the country has an estimated population of 1.39 billion in 2019 and is projected to overtake China as the world’s most populous country by 2025.
In addition, according to statistics provided by Deutsche Bank Research, there are between 30 million and 300 million middle-class people in India. This makes the country a lucrative market for online laundry services.
Busy working schedules and the increasing female participation in labor and the national workforce are driving the adoption of convenient laundry care, thereby fueling demand for online services in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the India online laundry service market , including forecasts for subscribers. This country databook contains high-level insights into India online laundry service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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