The US domestic laundry market is a $300 billion industry
Mort Fertel · 15 year old launches unique app, breaks $1m revenue, raises $10m · May 29, 2022 · at 13:34
Mort Fertel, co-founder of peer-to-peer laundry platform Sudshare, breaks down his total addressable market calculation for the domestic US laundry industry.
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“There's a hundred and twenty-five million households producing 50 pounds of non-stop laundry every single week. If you do the math at a dollar per pound, which is what we charge, It's a three hundred billion dollar market in the U.S. Alone.”
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