Online on-Demand Laundry Service Market to grow at a CAGR of 36.4% | Busy lifestyles allowing very little time for laundry to drive the market growth – Technavio
The online on-demand laundry service market size is forecast to grow by USD 98.6 billion between 2021 and 2026, and the growth momentum will be accelerating at a CAGR of 36.4% during the forecast period. The growth of the market is driven by factors such as busy lifestyles allowing very little time for laundry, increasing costs associated with the use of washing machines, and providing convenience through logistics services. However, the high risk-reward ratio and low margin in the laundry business will hinder the growth of the market. For more insights on the market size…
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