Market
Estimated size of laundry segment in UAE itself is $525.4 million. This includes revenue generated from commercial laundromats, dry cleaning services, and online laundry service providers.
The UAE's laundry market offers a promising opportunity due to the country's diverse population and fast-paced lifestyle. Success requires strategic planning and a strong focus on digital evolution and customer satisfaction.
$525+Mn
Estimated size of laundry segment in UAE itself is $525.4 million.
$141.5B
The global dry-cleaning and laundry services market is projected to reach $141.5 billion by 2024.
5.67%
Growing at a CAGR of 5.67% during the forecast period (2024-2029).
Estimated size of laundry segment in UAE itself is $525.4 million. This includes revenue generated from commercial laundromats, dry cleaning services, and online laundry service providers.
The global dry-cleaning and laundry services market is projected to grow at a CAGR of 6% to reach $141.5 billion by 2024.
The UAE laundry appliances market size is estimated at USD 332.52 million in 2023 and is expected to reach USD 438.10 million by 2028, growing at a CAGR of 5.67% during the forecast period (2024-2029).
Setting Apart from the Competition
We excel by uniting vendors and services in the laundry industry under one roof.
Our focus is on providing customers complete 360-degree solutions for their laundry needs.
We leverage cutting-edge technology and seamless integration for our edge.
Investing in a laundry company in the UAE can be a promising opportunity due to several factors. Firstly, the laundry business in Dubai is a significant contributor to the emirate's economy, with a potential annual revenue of around $0.5 billion. Secondly, there is a strong cultural emphasis on cleanliness and hygiene in the UAE, which fuels the demand for premium home and laundry care products. Thirdly, the laundry appliances market in the UAE is poised for growth in the near future due to several key factors, including the increasing working population, a growing number of affluent buyers, and the infusion of advanced technology to improve household infrastructure. Finally, the laundry business in Dubai is a recession-proof business that remains timeless and always in demand. However, it is important to consider the cost structure of the laundry business in Dubai, with utility costs accounting for 44% of the total.
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If you are interested to invest in LaundryBasket, please fill in the details by clicking the below link, and our investment relationship manager shall reach out to you.
In a world of constantly evolving industries, the laundry sector stands as an untapped and ever-expanding opportunity. At LaundryBasket, we are not just a company; we are visionaries on a mission to revolutionize this unorganized industry. Our goal is to introduce an unparalleled aggregator platform that will bring the laundry experience to your doorstep.What sets us apart is our unwavering commitment to innovation and technology-driven services, which provide undeniable advantages to both customers and investors alike. By investing in LaundryBasket, you become an integral part of this transformative journey in the laundry industry.
