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Global Coin-operated Laundries Market Share, Size, Analysis, Growth, Report, Trends, Forecast: By Type: Washers, Dryers; By Application: Hotel, Laundry Home, Hospital, Apartments; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key indicators for Demand and Price; Competitive Landscape; 2023-2028
Global Coin-operated Laundries Market Outlook
The global coin-operated laundries market size reached a value of around USD 18.63 billion in 2022. The market is expected to grow at a CAGR of 9.30% between 2023 and 2028, reaching a value of around USD 31.88 billion by 2028.
Key Trends in the Market
A coin-operated laundry is a facility where clothes can be washed and dried using washing machines and dryers that are operated by coins, and are typically self-service. Coin-operated laundries may operate simply as a laundry facility where customers may wash their own laundry, however, it can also be a component of a bigger enterprise that offers dry-cleaning services as well.
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- The demand for coin-operated laundries has increased from hotels and hospitals, among other commercial establishments, to clean the various clothes and materials they use during operations. This trend is accelerating the growth of the coin-operated laundries market.
- Over the past few years, there has been a considerable rise in the working population, which has fuelled the demand for coin-operated laundries due to the convenience offered by these establishments. Popular services include 24-hour service, complete service in one day, and doorstep pickup and delivery.
- Growing consumer awareness about clothing hygiene is projected to create opportunities for market expansion in the upcoming years. Furthermore, the market for coin-operated laundries is anticipated to go digital as the prevalence of digital payments increases.
Market Analysis
Based on type, the market is divided into washers and dryers. The market on the basis of application is segmented into hotel, laundry home, hospital, and apartments. The regional markets for coin-operated laundries are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global coin-operated laundries market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Halifax Laundry Co.
- Whirlpool Corporation
- Dexter Apache Holdings, Inc
- Haier Group
- Miele Limited
- Alliance Laundry Systems LLC
- LG Electronics
- Electrolux Professional AB
- Shanghai Swan Group Germany Co Ltd.
- Fagor Professional
- Others
Market Share by Application
Hotels are expected to account for a sizable share of the coin-operated laundries market, fuelled by the increasing number of hotels and rising importance of regular washing of hotel bedding. Furthermore, more hotels are offering laundry services to their customers, which is particularly useful for busy travellers or business travellers that have extensive stays in a hotel. In addition to washing and drying, hotels often provide add-on services such as ironing which increase the demand for laundry services in hotels.
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Market Share by Region
North America dominated the global coin-operated laundries market during the historical period and is expected to generate similar results over the forecast period. The market expansion in the region is being aided by the rise in the number of homes and commercial businesses using coin-operated laundry services, particularly in the United States and Canada. In urban areas where apartments are common, coin-operated laundries offer a space-saving and cost-efficient means for residents to do their washing and drying.
Competitive Landscape
Whirlpool Corporation, headquartered in Michigan in the United States and founded in 1911 is a leading manufacturer and marketer of large household appliances. In an ongoing effort to make living at home better, Whirlpool is dedicated to becoming the finest global kitchen and laundry company.
Haier Group, established in 1984 is headquartered in Shandong, China and specialises in consumer electronics and home appliances. The company develops, manufactures, and sells various products including refrigerators, microwave ovens, air conditioners, dryers, mobile phones, laptops, washing machines, and televisions, among others.
Alliance Laundry Systems LLC, founded in 1908, provides solutions to a global consumer base with the provision of high-end washing products and services. Headquartered in Wisconsin in the United States, Alliance produces goods under recognisable brand names Huebsch®, Speed Queen®, Primus®, UniMac®, and IPSO®.
Other market players include Halifax Laundry Co., Dexter Apache Holdings, Inc, Miele Limited, LG Electronics, Electrolux Professional AB, Shanghai Swan Group Germany Co Ltd., and Fagor Professional, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Coin-Operated Laundries Market Analysis
8.1 Key Industry Highlights
8.2 Global Coin-Operated Laundries Historical Market (2018-2022)
8.3 Global Coin-Operated Laundries Market Forecast (2023-2028)
8.4 Global Coin-Operated Laundries Market by Type
8.4.1 Washers
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Dryers
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Coin-Operated Laundries Market by Application
8.5.1 Hotel
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Laundry Home
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Hospital
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Apartments
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.6 Global Coin-Operated Laundries Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Coin-Operated Laundries Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Coin-Operated Laundries Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Coin-Operated Laundries Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Coin-Operated Laundries Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Coin-Operated Laundries Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key indicators for Demand
14.4 Key indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Halifax Laundry Co.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Whirlpool Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Dexter Apache Holdings, Inc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Haier Group
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Miele Limited
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Alliance Laundry Systems LLC
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 LG Electronics
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Electrolux Professional AB
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Shanghai Swan Group Germany Co Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Fagor Professional
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Coin-Operated Laundries Market: Key industry Highlights, 2018 and 2028
2. Global Coin-Operated Laundries Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Coin-Operated Laundries Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Coin-Operated Laundries Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Coin-Operated Laundries Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Coin-Operated Laundries Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Coin-Operated Laundries Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Coin-Operated Laundries Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Coin-Operated Laundries Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Coin-Operated Laundries Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Coin-Operated Laundries Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Coin-Operated Laundries Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Coin-Operated Laundries Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Coin-Operated Laundries Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Coin-Operated Laundries Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Coin-Operated Laundries Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Coin-Operated Laundries Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Coin-Operated Laundries Market Structure
Key Questions Answered in the Report
In 2022, the global market for coin-operated laundries attained a value of USD 18.63 billion.
The market is projected to grow at a CAGR of 9.30% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 31.88 billion by 2028.
The major drivers of the market include the rising popularity of compact homes without laundry facilities, increased awareness about clothing hygiene, expansion of laundromat facilities, and improving standards of living across the globe.
Rising usage of digital payments, increasing number of hotels, hospitals, and other commercial setups, and growing working urban population are the key trends propelling the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major applications of coin-operated laundries include hotel, laundry home, hospital, and apartments.
The major players in the coin-operated laundries market are Halifax Laundry Co., Whirlpool Corporation, Dexter Apache Holdings, Inc, Haier Group, Miele Limited, Alliance Laundry Systems LLC, LG Electronics, Electrolux Professional AB, Shanghai Swan Group Germany Co Ltd., and Fagor Professional, among others.
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