Index Creative taps into laundry market
Diversification offers new income source
SET-listed event and marketing services firm Index Creative Village Plc is diversifying into coin-operated laundries to raise revenue as the events business has been devastated by the pandemic.
Kreingkrai Kanjanapokin, the company’s co-founder, said he hopes the coin-operated laundry business under the KK Wash brand would provide a new source of income for the company.
“Thailand’s coin-operated laundry market is estimated to be worth 400-500 million baht a year. Although there are 300-400 players in the market, it remains a blue…