Market revenue in 2023 | USD 8,286.8 million |
Market revenue in 2030 | USD 57,235.5 million |
Growth rate | 31.8% (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 45.08% in 2023. Horizon Databook has segmented the U.S. online laundry service market based on laundry care, dry clean, duvet covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing spending on laundry care and supportive government initiatives have increased the number of online laundry service providers in the country. In addition, laundry detergent manufacturers are introducing online services. This includes P&G, which introduced Tide Cleaners, an on-demand dry-cleaning and laundry service, at 1,000 locations across the U.S.
The service works with drop boxes in offices, storefronts, and high-rise buildings. The company’s goal is to introduce Tide Cleaners in more than 2,000 locations across the U.S. by the end of 2020. It is also generating interest through subscription plans aimed at households and students. Such initiatives are expected to favor market growth.
The increasing number of smartphone users and growth in the e-commerce industry are the main factors fueling demand for online laundry services in the country. Increasing access to internet makes the mobile retail and shopping apps more prominent, and all related industries, such as online shopping and on-demand services, are witnessing significant growth.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. online laundry service market , including forecasts for subscribers. This country databook contains high-level insights into U.S. online laundry service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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