About Laundry Lockers
Laundry Lockers are tech enabled services where can drop and collect their laundry from. This Services are promising a revolution in Laundry Services Market by providing convenience to working professionals in major urban centers. The concept of Laundry Lockers is in an embryo stage and thus is facing major development. Geographically, North America is the biggest market although Asia Pacific has huge potential to grow primarily because of large population and large number of smart phone users.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Growing Digitisation has led to new innovative digital or tech enabled products, one of them being Laundry Locker services which are promising revolution in laundry market. Major Players in this market are Mulberrys Garment Care, Laundryheap and Washbox along with other players. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mulberrys Garment Care (United States), Invati Tech Pvt. Ltd. (India), Ezipod (Malaysia), Dry Cycle Brands, LLC (United States), Breezy Laundry Lockers (Australia), Laundryheap (United Kingdom) and Lockergernie (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Box24 Co., Ltd. (Thailand), Dry Clean Lockers (United States), Fabkare Inc. (India) and Laundrylux Inc..
Segmentation Overview
AMA Research has segmented the market of Global Laundry Lockers market by and Region.
On the basis of geography, the market of Laundry Lockers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Dry Cleaning will boost the Laundry Lockers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Apartment Residents will boost the Laundry Lockers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Cloths, the sub-segment i.e. Shirt will boost the Laundry Lockers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Security, the sub-segment i.e. Digital will boost the Laundry Lockers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Smart Lockers Operated and Accessed through Smart Phones
Market Growth Drivers:
Growth of Laundry Services and Rising Trend of Digitisation
Challenges:
Availability of Laundry Locker Services and Large Scale of Inefficiencies with Business
Restraints:
Intense Competition from Washing Machine Lending Services, Competition from Pick and Drop Services from Home and Expensive than Local Laundry Services
Opportunities:
Asia Pacific has Huge Potential as a Market
Market Leaders and their expansionary development strategies
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Key Target Audience
Laundry Locker Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.