United States Coin-operated Commercial Laundry Market Size & Trends Analysis Report 2023-2030: IoT and RFID Innovations, Changing Consumer Preferences, & Demand Efficiency and Cleaner Clothes

Dublin, Nov. 14, 2023 (GLOBE NEWSWIRE) -- The "U.S. Coin-operated Commercial Laundry Market Size, Share & Trends Analysis Report By Equipment (Top-load, Front-load), By Product (Washer, Dryer, Others), By Capacity, And Segment Forecasts, 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The U.S. coin-operated commercial laundry market size is expected to reach USD 1.585 billion by 2030, registering a CAGR of 1.9% from 2023 to 2030

The market growth can be credited to the changing lifestyle patterns and busy schedules of people, urging them to find means to save their time otherwise spent on daily chores. Several people opt for commercial laundry services such as laundromats to get their laundry done while they engage in other chores when waiting for their clothes to dry.

The growing consumer demand for such services is expected to drive the expansion of the coin-operated commercial laundry market in the U.S. in the coming years.

The market growth is further driven by the wide range of services offered by commercial laundry services providers, such as wash-dry-fold, self-service, commercial, and pickup and delivery. In addition, the availability of comfortable seating facilities, friendly staff, touch-screen washers and dryers, soap dispenser machines, free Wi-Fi, etc. is also favoring the growth of the coin-operated commercial laundry market in the country.

The availability of high-quality equipment at coin-operated laundry facilities ensures the professional cleaning of delicate items without affecting or fading the fabric colors. These machines help tackle stubborn stains, such as ink and wine, that are difficult to remove at home.

The technological developments introduced by market players are opening new growth opportunities in the U.S. market for coin-operated commercial laundries. Major technological adoptions include the Internet of Things (IoT), software-driven management systems, and Radio Frequency Identification, among others.

U.S. Coin-operated Commercial Laundry Market Report Highlights

  • In terms of equipment, the front load segment captured a revenue share of over 86.0% in 2022, owing to increased consumer preference for these machines as they offer greater efficiency, cleaner clothes, use less water, and reduce drying times
  • In terms of product, the dryer segment is estimated to record a CAGR of 2.3% from 2023 to 2030, aided by the ongoing advancements in drying technologies. These machines come with unique control options, user-friendly interfaces, an on-screen timer, different language options, etc.
  • In terms of capacity, the 14 to 27 kg segment is expected to record a significant CAGR over the forecast period, owing to the increasing adoption of machines with this capacity across laundromats

Company Profiles

  • AAdvantage Laundry Systems
  • AB Electrolux
  • Alliance Laundry System LLC
  • B&C Technologies
  • Champion Cleaners
  • Cintas Corporation
  • Clean Designs Inc.
  • Coin & Professional Equipment Co.
  • Dexter Laundry
  • Domus
  • Ecolab
  • Ed Brown Distributors
  • Fagor Professional
  • LG Electronics
  • Laundrylux Inc.
  • Maytag
  • Northwest Laundry Supply, Inc
  • Pierce Commercial Laundry Distributors
  • Professional Laundry Solutions
  • UniFirst Corp.
  • Wascomat
  • Whirlpool Corporation
  • Wholesale Commercial Laundry S.E.
  • Yamamoto

Key Attributes:

Report AttributeDetails
No. of Pages90
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1362.8 Million
Forecasted Market Value (USD) by 2030$1585.3 Million
Compound Annual Growth Rate1.9%
Regions CoveredUnited States

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape

Chapter 3. Industry Outlook
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.4. Industry Challenges
3.5. Industry Opportunities
3.6. Coin-Operated and Vended Laundry Equipment Market: Technology Overview
3.7. U.S. Coin-Operated Commercial Laundry Market: COVID-19 Impact Analysis
3.8. Industry Analysis Tools

Chapter 4. U.S. Coin-Operated Commercial Laundry Market: Equipment Estimates & Trend Analysis
4.1. Equipment Movement Analysis & Market Share, 2022 & 2030
4.2. U.S. Coin-Operated Commercial Laundry Market Estimates & Forecast, By Equipment (USD Million)
4.2.1. Top Load
4.2.2. Front Load

Chapter 5. U.S. Coin-Operated Commercial Laundry Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2022 & 2030
5.2. U.S. Coin-Operated Commercial Laundry Market Estimates & Forecast, By Product (USD Million)
5.2.1. Washer
5.2.2. Dryer
5.2.3. Others

Chapter 6. U.S. Coin-Operated Commercial Laundry Market: Capacity Estimates & Trend Analysis
6.1. Capacity Movement Analysis & Market Share, 2022 & 2030
6.2. U.S. Coin-Operated Commercial Laundry Market Estimates & Forecast, By Capacity (USD Million)
6.2.1. 6 to 14 kg
6.2.2. 14 to 27 kg
6.2.3. Above 27 kg

Chapter 7. Competitive Landscape (Equipment Suppliers)
7.1 Key Participants
7.2 Recent Development & Impact, By Key Market Participants
7.3 Company Categorization
7.4 Participant's Overview
7.5 Financial Performance
7.6 Product Benchmarking
7.7 Company Heat Map Analysis
7.8 Company Market Share Analysis, 2022
7.9 Strategy Mapping
7.9.1 Expansions
7.9.2 Mergers & acquisitions
7.9.3 Collaborations
7.9.4 New product launches

Chapter 8. Competitive Landscape (Laundry Service Providers, Laundry Equipment Distributors)
8.1 Key Participants
8.2 Recent Development & Impact, By Key Market Participants
8.3 Company Categorization
8.4 Participant's Overview
8.5 Financial Performance
8.6 Product Benchmarking
8.7 Company Heat Map Analysis
8.8 Company Market Share Analysis, 2022
8.9 Strategy Mapping
8.9.1 Expansions
8.9.2 Mergers & acquisitions
8.9.3 Collaborations
8.9.4 New product launches

For more information about this report visit https://www.researchandmarkets.com/r/ww9kn9

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U.S. Coin-operated Commercial Laundry Market

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