Navigating Sustainable, Profitable Growth in a Rapidly Changing World

Consumer Goods and Services

Global Laundromat Machines Market R...

Historical and Forecast Market Trends

2018-32

www.expertmarketresearch.com

The Asia Pacific is witnessing a significant demand for laundromat machines due to rapid urbanisation and rising disposable income in densely populated countries like China and India. Laundromat machines offer quick and thorough cleaning; they also extend the shelf life of clothes by protecting the fabric.

Besides, the growing hospitality sector and an influx of tourism in ASEAN countries such as Thailand, Malaysia and Indonesia are surging the requirement for quick cleaning, dry cleaning, and rinsing devices, fuelling the laundromat machines market growth. Technological advancements further contribute to the market expansion of laundromat machines.

For instance, tilt designs in washing machines free up residential space and provide a personalised washing experience through e-devices, and the innovation in wireless dryers positively influences the growth of the market. Consumer awareness towards cleanliness and personal hygiene also supports the market expansion.

With the increasing trend of sustainability, key players are attempting to develop laundromat machines that can reduce water usage while offering energy efficiency. Moreover, the launch of innovative laundromat machines by companies such as LG (KRX: 003550) and Whirlpool Corporation (NYSE: WHR) further bolsters the market expansion.

For instance, in April 2021, LG Electronics introduced its smart laundromat, Laundry Lounge, in Manilla, the Philippines. The contactless and digital laundromat is designed to provide a convenient and premium experience to customers and owners. The Laundry Lounge app, available for Android devices, also enhances the laundromat experience by enabling customers to make contactless payments, monitor laundry progress, and reserve a dryer or washer.

Read more about this report REQUEST FREE SAMPLE COPY IN PDF

Market Analysis by Product Type, Capacity, Price Category, End-Use, Distribution Channel, and Region:

  • The market, on the basis of product type, can be divided into washer extractors, tumble dryers, dry cleaning equipment, and stain-removing machines, among others.
  • Based on capacity, the market can be classified into below 25 kilograms, 25-50 kilograms, 51-100 kilograms, above 100 kilograms
  • The market, on the basis of price category, can be segmented into low, medium, and high.
  • Based on end-use, the market can be divided into laundry service providers, hotels, hospitals and nursing homes, and resorts, among others.
  • The various distribution channels for laundromat machines include online and offline.
  • The major regional markets of laundromat machines include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • Consumers’ busy lifestyles, rising disposable incomes, and a larger proportion of nuclear households and employed professionals support the laundromat machines market expansion.
  • Technological advancements in laundromat machines, such as wave motion and drum technology, allow users to choose different wash motions depending on the fabric. Additionally, innovations in dryer technology such as low-pressure superheated steam drying and pulse combustion spray drying, among others, aid the market.
  • Cashless payment methods, including contactless cards and mobile wallets, have grown in acceptance. Customers can now pay for their laundry at several launderettes using digital payment methods like cell phones or contactless cards. Coin-operated laundry services and laundry business owners’ marketing campaigns, such as free laundry days, discounts, and volunteer efforts, further influence market growth.
  • Laundromat machines save time and contribute to a reduction in water usage and energy consumption. Additionally, the demand for energy-efficient and noise-free washing machines is creating opportunities for the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the global laundromat machines market for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the product types, capacities, price categories, end-uses, distribution channels, and major regions of laundromat machines.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global laundromat machines market are LG Electronics, Inc., EDRO Corporation, Electrolux AB, Whirlpool Corporation, Alliance Laundry Systems LLC, BÖWE Textile Cleaning GmbH, IFB Appliances, Fagor Industrial S. Coop (Fagor Professional), Dexter Apache Holdings, Inc., and Lead Group of Companies, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Capacity
  • Price Category
  • End-Use
  • Distribution Channel
  • Region
Breakup by Product Type
  • Washer Extractors
  • Tumble Dryers
  • Dry Cleaning Equipment
  • Stain-removing machines
  • Others
Breakup by Capacity
  • Below 25 Kilograms
  • 25-50 Kilograms
  • 51-100 Kilograms
  • Above 100 Kilograms
Breakup by Price Category
  • Low
  • Medium
  • High
Breakup by End-Use
  • Laundry Service Providers
  • Hotels
  • Hospitals and Nursing Homes
  • Resorts
  • Others
Breakup by Distribution Channel
  • Online
  • Offline
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • LG Electronics, Inc.
  • EDRO Corporation
  • Electrolux AB
  • Whirlpool Corporation
  • Alliance Laundry Systems LLC
  • BÖWE Textile Cleaning GmbH
  • IFB Appliances
  • Fagor Industrial S. Coop (Fagor Professional)
  • Dexter Apache Holdings, Inc.,
  • Lead Group of Companies
  • Others

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Pricing Plans

Purchase Full Report

Datasheet

 

USD 2,199

USD 1,999

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF

Single User License

One User

USD 3,299

USD 2,999

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF

Five User License

Five Users

USD 4,399

USD 3,999

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support

Corporate License

Unlimited Users

USD 5,499

USD 4,999

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

We’re here to help answer any questions about our products and services.

Contact us

Locations


United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Australia

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63 287899028, +63 967 048 3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124