India’s laundry market expected to grow up to $15 bn by 2025: report | Company Business News
The country's laundry market includes both business-to-consumer (B2C) and business-to-business (B2B) categories. At present, B2C contributes to a major share capturing almost 88% of the market.
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Growth and Potential of India's Laundry Market
India's laundry market is projected to reach $15 billion by 2025, up from $11.3 billion in 2019.
The market includes both B2C and B2B categories, with B2C currently holding an 88% share.
B2C laundry services involve washing and ironing clothes at the household level or with the help of a service provider.
B2B laundry services include washing and ironing bed sheets, towels, etc., done by businesses in the hospitality and healthcare industries.
Online players currently deliver more than 10% of B2C and B2B laundry services, with the market expected to reach $150 million by 2025.
