Online Laundry Service Market Research, Key Players, Analysis And Forecast 2030: Grand View Research Inc.

Why Online Laundry Service has been a bust

San Francisco, 24 January 2030: The Report Online Laundry Service Market Size, Share & Trends Analysis Report By Service (Laundry Care, Dry Clean, Duvet Clean), By Application (Residential, Commercial), By Region, And Segment Forecasts, 2030 - 2030

The global online laundry service market size is expected to reach USD 221.05 billion by 2030, registering a CAGR of 37.3% from 2030 to 2030, according to a new report by Grand View Research, Inc. Busy working schedules coupled with an increasing number of workingindividuals are major factors fueling the adoption of online laundry services among urban consumers. In addition, the demand is fueled by shifting consumer preferences and improving living standards on a global level. The rising economic stability of middle-class consumers in emerging markets is driving the demand for clothes, which has spurred the demand for online laundry services.

In addition, the increasing population and rising tourism activities play a key role in augmenting demand for online laundry services in the hospitality sector. These factors are anticipated to boost market growth in the commercial sector over the forecast period. The increasing number of hotels, hospitals, restaurants, and other commercial setups has led to a rise in the demand for online laundry services. Moreover, companies are striving to reach new consumers through various strategies, such as partnerships and expansions. For instance, in April 2022, Laundryheap Ltd. extended its partnership with UnderTheDoormat, a luxury home accommodation service that provides a modern living for guests seeking hotel-quality stay in the comfort of a home.

As a part of the collaboration, Laundryheap offers laundry and dry-cleaning services to all UnderTheDoormat visitors and homeowners as well as providing linen to UnderTheDoormat properties. In terms of value, the laundry care segment dominated the market and accounted for the largest share over the forecast period. The shifting trend toward clean homes & clothes and the growing importance of good health among consumers are factors driving the segment. Increasing environmental awareness has given rise to the trend of cold washing of clothes, which requires low temperatures and high-performance detergents.

North America held the largest market share in 2024 owing to the growing population of health-conscious consumers in the region, which has increased the usage of laundry services. the shifting trend toward hygiene and cleanliness among consumers, particularly in developed countries like the U.S., has increased the demand for cleaning products. Companies in the market are focusing on strategies, such as mergers and acquisitions, to gain industry share and increase their service footprint. In January 2023, Rinse, Inc. acquired Room Service Laundry (RSL), a Brooklyn-based laundry delivery service company. This acquisition allows Rinse Inc. to leverage the consumer base of RSL and continue its expansion in New York.

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The growing preference for convenient laundry services significantly drives the market as consumers increasingly prioritize time-saving solutions amid busy lifestyles. This trend is particularly evident in urban areas, where the demands of work and personal commitments leave little time for traditional laundry routines. Additionally, the rise of subscription models offers consumers flexibility and cost-effectiveness, further enhancing the appeal of these services.

Online Laundry Service Market Report Highlights

  • Online laundry care services accounted for a market share of around 47% in 2024. As urbanization rises and lifestyles become busier, many individuals and families prefer outsourcing laundry tasks to save valuable time, allowing them to focus on work and leisure activities
  • The commercial segment is expected to witness a substantial CAGR of 38.2% from 2030 to 2030. An increasing number of hotels and hospitals is expected to provide growth opportunities to online laundry service providers over the forecast period
  • The online laundry service market in Asia Pacific is expected to grow at a CAGR of 40.9% over the forecast period. The growth in the region is majorly attributed to the improving economic stability and living standards in developing economies, such as India, China, and Indonesia

Moreover, online laundry service providers are focusing on advancements in application development to create a more user-friendly experience, which favors the growth of the market. Online laundry service providers are focusing on adding various features to improve user experience. For instance, filter and search options allow customers to easily select required services based on price and turnaround time. These apps also allow customers to personalize cleaning preferences and pick-up and drop timings based on their availability.

An increase in the number of commercial properties such as hotels, hospitals, and hostels, among others, is offering an opportunity for market growth. Most hotels, hostels, and temporary lodging establishments offer laundry services for their guests. These hotels often have an agreement with the laundry service providers including online laundry service providers, that lets guests use laundromat services. For instance, according to Lodging Econometrics, in 2024, in the U.S., there were around 6,065 hotels under construction, 2,041 hotels for renovations, and around 661 hotels will open by the end of 2024.

Online Laundry Service Market Report Scope

Report Attribute

Details

Market size value in 2030

USD 45.28 billion

Revenue forecast in 2030

USD 221.05 billion

Growth rate (Revenue)

CAGR of 37.3% from 2030 to 2030

Actuals

2018 - 2024

Forecast period

2030 - 2030

Furthermore, the growing inclination of younger consumers for sustainable online laundry services offers the market a key opportunity. For instance, according to a 2022 LendingTree poll of 1,048 Americans, 55% stated they would be ready to spend more on sustainable and eco-friendly products and services. In line with this, online laundry service providers looking to enter this market can offer environmentally-friendly laundry services to gain an edge over the competitors. Superior Laundry, an online laundry service provider based in the U.S., for example, uses high-efficiency washing machines that are designed to create cascade-like water flows to get more washing activity from less water. This also cuts down on cycle time. In addition, the company employs liquid laundry detergent, which is dispersed swiftly in small amounts of water.


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