Market revenue in 2023 | USD 293.3 million |
Market revenue in 2030 | USD 2,910.9 million |
Growth rate | 38.8% (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 47.56% in 2023. Horizon Databook has segmented the South Africa online laundry service market based on laundry care, dry clean, duvet covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa has a highly developed and advanced economic infrastructure. According to a recent 2018 report by the World Bank, the growth of South Africa is expected to accelerate by 1% to 2% in the coming years due to various factors, such as increasing consumer spending, which is expected to create growth opportunities in the online laundry service market.
In addition, an increase in the number of startups, such as Cape Laundry Services and Onthe Move Laundry, in the country is expected to have a positive impact on market growth. The improving economy of the country and increasing tourism are among the factors expected to boost the demand for online laundry and dry-cleaning services.
According to South African government, tourism accounted for USD 36.7 billion, which was about 3.7% of the total gross domestic product in 2019. In addition the government approved National Tourism Sector Strategy in December 2017, which includes the implementation of easier travel rules for visiting South Africa.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa online laundry service market , including forecasts for subscribers. This country databook contains high-level insights into South Africa online laundry service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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