On-Demand Laundry Services

The global personal services market, a part of the personal services industry, grew at a compound annual growth rate (CAGR) of around 5% during the historic period. The personal services industry showed a steady growth. The growth is mainly due to the rapid urbanization, rising disposable income, increasing pet population, higher female employment and changing customer lifestyles and preferences driving demand for more sophisticated personal services.

In the forecast period, the global personal services market size is expected to be over $1 trillion by 2021, growing at a CAGR of nearly 6%. This is expected due to the expected increase in demand for personal services due to increasing urban population, strong economic growth and rising disposable income in emerging markets, increasing awareness about personal care, growing pet population and changing consumer preferences. Furthermore, rising population, increase in dispensable income, and increasing per capita incomes are expected to drive the global personal services market in the future.

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The demand for on demand laundry services is growing rapidly owing to the convenience it offers. These mobile apps allow customers to remotely order dry-cleaning or laundry service, share preferences and request delivery. On demand laundry service providers pick up clothes and linen from customers, clean and deliver it back to customers at a preferred time.

Major companies in the personal services market, offering new technology include Service Corporation International, Sears Holdings, Best Buy, Regis Corporation, Weight Watchers International Inc., Medifast Inc., Fu Shou Yuan International Group.

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The personal services market consists of establishments which provide personal services such as equipment and machinery repairing, personal and household goods repair and maintenance, dry cleaning and laundry, beauty and personal care services, pet care services, death care services, photofinishing services and domestic services such as domestic cleaning and cooking.

The top five companies covered are Service Corporation International, Sears Holdings, Best Buy, Regis Corporation, and Weight Watchers International Inc. Service Corporation International was the largest company in the personal services market.

The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.

The personal services market is segmented into Other Personal Services, Personal Care Services, Personal Goods Repair And Maintenance, Private Households Death Care Services and Dry-Cleaning And Laundry Services.

Personal goods repair and maintenance includes home and garden equipment repair and maintenance, appliance repair and maintenance, re-upholstery and furniture and repair, footwear and leather goods and other personal and household goods repair and maintenance.

Personal care services consist of barber shops, beauty salons, nail salons, diet and weight reducing centers and other personal care services.

Cutting tool and machine tool accessory manufacturing industry includes establishments manufacturing accessories and attachments for metal cutting and metal forming machine tools.

Death care services include funeral homes and funeral services and cemeteries and crematories.

Dry-cleaning and laundry services include coin-operated laundries and drycleaners, dry-cleaning and laundry services, linen supply and industrial launderers.

Other personal care services include pet care services, photofinishing services, one-hour photofinishing labs and parking lots and garages.

Domestic staff services include workers associated with the operation of a household. For example, cooks, cleaners, nannies, butlers, gardeners, caretakers and maintenance workers.

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