The article cited AMA's Global On-demand Laundry Service Market Study explored substantial growth with CAGR of %. According the report, Increasing Focus on the Convenience Factor of Consumers
is one of the primary growth factors for the market. Increasing Penetration of Internet-Based Devices
is also expected to contribute significantly to the On-demand Laundry Service market. Overall, applications of On-demand Laundry Service, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Cleanly (United States), DhobiLite (India), FlyCleaners(United States), delivery.com(United States), Laundrapp Ltd (United Kingdom), ZIP JET (United Kingdom), Wassup-On-Demand (India), Mulberrys Garment Care (United States), PML Solutions Pvt. Ltd. (India) and The Laundrywalla (India) may see astonishing sales in this Market and certainly improve revenue growth.
The Business Model, such as On-Site, is boosting the On-demand Laundry Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Platform, such as App-Based, is boosting the On-demand Laundry Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Pricing, such as Price Per Weight, is boosting the On-demand Laundry Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End-Use, such as Residential, is boosting the On-demand Laundry Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Payment Method, such as COD, is boosting the On-demand Laundry Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global On-demand Laundry Service market identified that the demand is rising in many different parts of the world as "High Adoption in Developed Countries Due to Large Number of Working Population and Busy Lifestyle". One of the challenges that industry facing is "Lack of Awareness in Some Under Developed Countries"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of On-demand Laundry Service market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of On-demand Laundry Service market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the On-demand Laundry Service market tight? Which application/end-user category or Product Type [Wash & Fold, Wash & Iron, Ironing, Dry Clean, Duvet Clean and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the On-demand Laundry Service market and other related sub-markets covered in the study.
o Key & emerging players in the On-demand Laundry Service market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall On-demand Laundry Service market size is calculated using market estimation process, the On-demand Laundry Service market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global On-demand Laundry Service market size has been validated using both top-down and bottom-up approaches.