Latin America Online Laundry Service Market Size & Outlook
Latin America online laundry service market, 2018-2030 (US$M)
Related Markets
Latin America online laundry service market highlights
- The Latin America online laundry service market generated a revenue of USD 1,723.8 million in 2023.
- The 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,723.8 million |
| Market revenue in 2030 | USD 14,743.8 million |
| Growth rate | 35.9% (CAGR from 2023 to 2030) |
| Largest segment | Laundry care |
| Fastest growing segment | Duvet |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 6.1% of the global online laundry service market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 61,671.9 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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Latin America 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 48.43% in 2023. Horizon Databook has segmented the Latin America online laundry service market based on laundry care, dry clean, duvet covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America’s economy is currently showing positive growth. In 2019, 155.5 million consumers in the region are expected to buy goods and services online, which is a significant increase from 126.8 million in 2016. The region’s population strength of 386 million can provide abundant opportunities for growth in e-commerce.
The strengthening workforce, with its busy working schedule, is a key factor fueling the demand for online laundry services in the region. Moreover, companies operating in the market are offering discounts and same-day services to generate more business in daily wear laundry, which includes gym clothes, linens, and casual wear.
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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 continent-level data and insights on the Latin America online laundry service market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America online laundry service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America online laundry service market size, by country, 2018-2030 (US$M)
Latin America Online Laundry Service Market Outlook Share, 2023 & 2030 (US$M)
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