On November 22, the New Quality Productivity Development Forum of China's washing and dyeing Industry, which was sponsored by the China Laundry Association (CLA) was successfully held in Tianjin. Kingstar’s parent brand CLM participated in the conference as a co-organizer.
The forum is divided into four parallel forums, of which the parallel forum on laundry care "New internal dynamics of the development of washing and dyeing industry" has brought new ideas to the traditional laundry industry.
Since 2020, the Online-to-offline (O2O) laundry model has been rapidly rolled out in China. The network laundry and shoe-washing business has quickly developed. In this forum, after more than 4 years of development, network laundry has gradually become popular in daily life. CLA and Meituan, a popular life service platform in China, jointly drafted and issued the "Report on Daily Clothing Washing and Dyeing Consumption (online) Trend" so as to empower the industry by analyzing big data and industry trends and provide valuable insights and suggestions for related enterprises.
In the coming years, the daily textile washing and dyeing services market is predicted to increase at a rate of roughly 10% and surpass the 80 billion mark, according to the report. With less than 10% of people using the internet at the moment, online laundry has a lot of room to grow. Currently, the industry pattern is changing due to new models, technology, and demand. Four factors are examined in detail in this report: user considerations, supply and demand characteristics, future trends, and the size of the daily laundry sector. We will interpret it from these aspects for everyone in the following articles.
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