Laundry service application

Request for study

Mashroo3k Consulting Company presents a comprehensive feasibility study for a laundry application project that facilitates communication between customers and laundries in the specified area.

Capital

Rate of return

Recovery period The second year

Why does "Mashroo3k " provide a laundry application?

Why does “Mashroo3k ” provide a laundry application?

The electronic laundry service sector is characterized by continuous and rapid growth, allowing the laundry app to reach a larger number of customers in different locations in a shorter time, by offering pickup, delivery, and coordination services with laundries in various areas.
The laundry app facilitates communication between the laundry management and customers, offering various payment options, either in cash or via remote credit card payments.
The laundry app project aims to meet the needs of diverse customer segments and increase demand for laundry services through special offers and discounts provided by the app.

Laundry services application.

Laundry services application.

  • Clothing Collection
  • Clothing Cleaning
  • Ironing and Folding
  • Setting Pickup Date and Time Based on Customer Convenience
  • Access to Various Locations
  • Order Tracking Until Delivery
  • Customer Service Team Available All Day
Why mashroo3k ?

Why mashroo3k ?

  • Mashroo3k has over 10 years of experience in preparing feasibility studies, market research, and providing a wide range of consulting services, including administrative, economic, financial, and others.
  • Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
  • Mashroo3k has provided over 7,000 services and feasibility studies, helping thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and entities in the Middle East.
  • Mashroo3k’s service coverage extends to 35 countries across all continents.
  • Mashroo3k is a member of over 100 prestigious international institutions specializing in market research and business management.
  • Mashroo3k’s team consists of 350 consultants with extensive knowledge of economic sector indicators and opportunities. Thanks to the diversity of their expertise, they ensure effective solutions and strategies.
  • Mashroo3k is contracted with over 10,200 suppliers in 22 countries to support projects logistically with production lines, raw materials, machinery, equipment, and similar resources.
  • Mashroo3k possesses a vast database that enhances the accuracy of its predictions and analyses, as well as its ability to manage risks effectively.
  • Project Features
  • Study Contents
  • Sector Indicators
  • The project as an investment opportunity
مؤشرات القطاع
  • Compatible with all smartphones (Android & iOS).

  • The control panel is available in both Arabic and English.

  • The application interfaces are designed in a user-friendly and distinctive style.

  • Easy to add or block new customers via their phone number.

  • Providing the option to receive service fees in cash or via electronic payment (MasterCard or Visa).

  • Receiving complaints and responding to customer messages.

  • Announcing new services by sending group notifications to customers.

  • Access to customer ratings for each service and the employee who performed it.

  • Ability to chat with customers in writing.

  • Guaranteed protection against vandalism or hacking as it is equipped with the strongest security and protection measures.

  • Technical support service available 24/7.

  • Let me know if you need anything else!

Executive summary

  • About the project
  • Financial indicators
  • Justifications for establishing the project
  • Government investment incentives in the project field
  • Target markets
  • Indicators and final results of the project

Study project services/products

  • Project Description and All Its Products/Services.
  • Project Advantages and Production Requirements.

Market Size Analysis.

  • Understanding Distribution Channels.
  • Consumer Behavior, Preferences, and Habits.
  • Competitors’ Products or Services, and Their Strengths and Weaknesses.
  • Market Nature and Characteristics.
  • Demand Size for the Product or Service Offered.
  • Available Market Share of the Target Market.
  • The Optimal Marketing Method.

Risk Assessment.

 

  • Risk Identification.
  • Impact of Risks on the Project.
  • Risk Mitigation Methods
Technical Study

 

  • Detailed description of the project’s products.
  • Expected production capacity.
  • Identification of investment costs.
  • Determination of electricity and water requirements.
  • Identification of the project’s labor needs.
  • Identification of the project’s supplies.
  • Calculation of construction and building costs.
  • Calculation of total capital.
  • Determination of annual operating costs.
  • Determining the working capital.

Financial Study

  • Total investment costs required for the project.
  • Organization of cash flow statements, income statements, and balance sheets for the first ten years of operation.
  • Estimation of expected annual revenues in light of defined operational capacities.
  • Optimal financing structure for the project based on investors’ capabilities and funding conditions.
  • Financial indicators for the project and sensitivity analysis.

Organizational and Administrative Study

  • Workforce for the project.
  • Organizational structure.
  • Job responsibilities.

Risk Study

  • Identification of risks.
  • Impact of risks on the project.
  • Risk prevention methods.
 
المشروع كفرصة استثمارية

An Overview of E-commerce Statistics in the Gulf Cooperation Council (GCC) Countries:

In 2015, e-commerce contributed approximately 0.4% to the total GDP of the GCC countries, amounting to $5.3 billion.

In 2020, with the developments caused by the COVID-19 pandemic on the global economy, the e-commerce market in the GCC countries became one of the fastest-growing markets globally, with a growth rate exceeding 35%. The size of this market was estimated at $24 billion, up from the previous expectations of $21.6 billion.

Here’s a detailed view of the e-commerce market size in the GCC countries over the last five years:

Global reports predict that e-commerce in the GCC countries will grow at a faster pace during 2020-2022 at a rate of 20%, with an anticipated growth rate of 14% by 2025. Without COVID-19 and its effects, the growth rates would have been as follows: 14% and 10%, respectively.

The average percentage of households purchasing goods online increased from 2% to more than 8%. This rate in advanced countries like the United States, South Korea, and Germany ranges from 16% to 25%. However, indicators expect the GCC countries’ rate to approach global rates.

The number of electronic visits to popular shopping sites increased by 50% in 2020 compared to 2015, with the number of visitors reaching 21 million, up from just 3 million.

Recently, e-commerce platforms and apps have tripled in number compared to 2015.

The time spent by users on websites such as Amazon, Namshi, and Noon has increased, with the average time spent daily ranging from 9 to 12 minutes, and the number of pages visited ranging from 7 to 8 pages.

Food delivery and grocery services are among the fastest-growing activities in e-commerce, with a growth rate of 20%. Today, their market size in the GCC is $3 billion.

Fashion and beauty activities represent a major investment opportunity in this field, with a growth rate of 18%, and their market size today exceeds $5 billion in the GCC countries.

Here’s a detailed look at the expected growth of the e-commerce market in the GCC countries over the next five years:

  • 60% of millennials shop online.

  • By 2025, the e-commerce market in the GCC is expected to reach $50 billion.

  • Millennials represent more than 45% of the population in the GCC countries, making the e-commerce market in this region a promising one.

مؤشرات المشروع
  • It is expected that e-commerce revenues will reach $8.29 trillion in 2024.
  • In 2019, the number of internet users for e-commerce purposes (buying or selling) in the Kingdom was 23.7 million users, and it is expected to rise to 33.6 million users, which represents an increase of 42%.
  • Clothing, footwear, and sports goods are the most commonly purchased items online, accounting for 67% of total e-commerce goods. Cosmetics come in second place, with 25.9%, followed by books and magazines at 24%, and then information technology services at 16%. The remaining products share the remaining percentage.
  • With the spread of the coronavirus, the number of e-commerce stores in the Kingdom increased by 12.4%, reaching 28,676 stores by the end of the first half of 2020, up from 25,501 stores in the fourth quarter of 2019.

According to the sector



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Keywords:

Laundry service application