As on date of
publishing, this report will capture the impact assessment of COVID-19 on this
market and the same will be considered in our market forecast model. Clients
purchasing this report between April and June 2020 will be getting a ‘free’
updated market data excel sheet between July and September 2020 accounting for
the impact of COVID-19 on the market in the current year 2020 and forecast.
India laundry service market is
anticipated to grow at a double-digit CAGR during the forecast period on
account of increasing working class population and rising disposable income.
Laundry is a necessary and time-consuming task and number of local washermen
have significantly reduced in the past, presenting an opportunity for
laundry-based startup. These companies are hiring professional washer man and
partners in order to cater to the needs of customers who want convenience and
high quality cleaning of clothes. Also, trend of using eco-friendly chemicals
is gaining prominence and laundry based companies are switching toward
sustainable practices so as to save water, energy, and reduce operational
costs.
India laundry service market can
be segmented based on sector, business type, service, end user, payment method
and region. In terms of sector, the market can be bifurcated into unorganized
and organized. The market penetration of organized sector is only 5% when
compared to unorganized; however, the former sector is anticipated to witness
growth in the forthcoming years on account of emergence of laundry-based start-ups.
The companies catering to the laundry service market are offering plethora of
options such as wash & fold, wash & iron and dry cleaning. Among them,
wash & iron is the preferred choice of the customers.
Some of the companies operating in
India laundry service market are Laundry Project Pvt. Ltd. (Wassup), Aap Ka
Dhobi, PickMyLaundry, Urban Dhobi, Dirk Da Dhobi, Doormint, Tooler, Laundry
Anna, Dhobilite, among others. The companies operating in this growing market
are using strategies such as partnership with local washerman and introducing app
or website based on on-demand laundry in order to register sound returns.
Emergence of new start-ups in the laundry market presents an opportunity to
register profit, as a result more and more companies are entering in this
domain.
Years
considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the
Study:
- To analyze and forecast the market size of India
laundry service market.
- To classify and forecast India laundry service
market based on sector, business type, service, end user, payment
method and regional distribution.
- To identify drivers and challenges for India laundry
service market.
- To identify and analyze the profile of leading
players operating in the India laundry service market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of companies across the country. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the companies which could
not be identified due to the limitations of secondary research.
TechSci Research calculated the market size of India laundry service market by using a bottom-up approach, where data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Laundry service companies
and other stakeholders
- Research organizations and
consulting companies
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to laundry service market
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as service providers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, India laundry service market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- India Laundry Service Market, By Sector:
- India Laundry Service Market, By Business Type:
- India Laundry Service Market, By Service:
- Dry Cleaning
- Wash & Fold
- Wash & Iron
- India Laundry Service Market, By End User:
- India Laundry Service Market, By Payment Method:
- India Laundry Service Market, By Region:
- North Region
- South Region
- East Region
- West Region
Competitive Landscape
Company Profiles: Detailed analysis of the
major companies present in India Laundry service market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
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be released soon. If you wish an early delivery of this report or want to
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In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com