Global Online On-Demand Laundry Service Market was valued US$ 1.0 Bn in 2017 and is estimated to reach US$ 9.66 Bn by 2026 at a CAGR of 32.78%.
Online on-demand laundry service market is segmented by type, application, and region. Based on the type, online on-demand laundry service market is divided into a laundry, dry clean, and duvet clean. Laundry is estimated to hold the largest share of a market in forecast period due to most of the clothes comes for washing and ironing. In terms of application, on-demand laundry service market is divided into commercial and residential. Residential is estimated to lead the market due to commercial such as hotels they have their own laundry services.
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Rising the use of the internet, smartphones and online applications, cost effectiveness, time efficient and reduce the human efforts will boost the market of online on-demand laundry service and same time new innovation in products of washing clothes, high risk of earning low, and low business margin will hamper the market.
North America holds the highest share of a market in forecast period followed by Europe, Asia Pacific, Latin America, and Middle East & Africa. In North America, rising commercial facilities and rising penetration of internet will rise the market of online on-demand laundry service.
