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Global Laundromat Machines Market to Reach Around USD 8.43 Billion by 2032, Driven by Rising Disposable Incomes of Customers

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Laundromat Machines Market

Global Laundromat Machines Market Size, Share, Forecast: By Product Type: Washer Extractors, Tumble Dryers, Dry Cleaning Equipment, Stain-removing machines, Others; By Capacity: Below 25 Kilograms, 25-50 Kilograms, Others; By Price Category; By End-Use; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032

Global Laundromat Machines Market Outlook

The global laundromat machines market size reached an approximate value of USD 4.79 billion in 2023. The market is projected to grow at a CAGR of 6.5% between 2024 and 2032, reaching a value of nearly USD 8.43 billion by 2032.

 

Key Trends in the Market

Laundromat machines are equipment often utilised in a laundromat, where customers can wash clothes without much professional guidance. These machines are coin-operated and provide various laundry functions such as pre-washing, dry cleaning, tumble drying, and stain removal.

 

  • Some of the crucial laundromat machines market trends include technological advancements and innovations, leading to the development of more efficient and user-friendly laundromat equipment. Advanced washing machines now have programmable settings that cater to different types of fabrics and laundry requirements. Dryers have become more efficient, utilising technologies such as heat pump drying to reduce energy consumption.
  • The rise in urbanisation, busy lifestyles, and the growing number of working individuals have led to a surge in the demand for self-service laundromats. Emerging economies such as India, China, Brazil, and other Southeast Asian countries are also expected to bolster the laundromat machines market value owing to the changing lifestyles and increasing middle-class population. Additionally, the increasing number of single-person households significantly contributes to the growing demand for self-service laundromats.
  • Cashless payment systems, such as mobile wallets and contactless cards, have gained popularity in the laundromat sector. Many laundromats now offer digital payment options, allowing customers to pay for their laundry using smartphones or contactless cards. This trend is driven by the convenience and security provided by cashless transactions and is expected to propel the laundromat machines market demand in the coming years.

 

Market Analysis

Based on product type, the market is segmented into washer extractors, tumble dryers, dry cleaning equipment, and stain-removing machines, among others. On the basis of capacity, the market can be divided into below 25 kilograms, 25-50 kilograms, 51-100 kilograms, and above 100 kilograms. By price category, the laundromat machines market segmentations include low, medium, and high.

 

The various end-uses of laundromat machines are laundry service providers, hotels, hospitals and nursing homes, and resorts, among others. The market, on the basis of distribution channel, is bifurcated into online and offline. The major regional markets for laundromat machines are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

The comprehensive EMR report provides an in-depth assessment of the market based on 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 laundromat machines market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.

 

  • 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

 

Market Share by End-Use

The rapid development of hotel and hospital establishments is anticipated to present lucrative growth opportunities to the market for laundromat machines. Hospitals and hotels are increasingly offering complimentary clothes pickup and doorstep delivery, thereby favouring the laundromat machines market growth.

 

Furthermore, customers are actively opting for such services to eliminate the need for personal washing machine maintenance and minimising manual labour, ultimately propelling the demand for laundromat machines.

 

Market Share by Region

North America is expected to hold a major portion of the laundromat machines market share. The growth in the region is propelled by the increasing precedence of single-person households. Such households have less space and dedicated space for laundry machines can be tough.

 

The high expense of living in central cities of developed economies enhances the demand for laundromats as they provide an affordable and effective way for laundry. In addition, the demand for online laundry services is rising rapidly from sectors such as hospitals and hotels, which is likely to further propel the laundromat machines market development in the region.

 

Competitive Landscape

LG Electronics, Inc. is a global electronics company with its headquarters located in Seoul, South Korea. The company stands as a prominent manufacturer of consumer electronics, home appliances, and mobile communications devices. Originally founded as GoldStar in 1958, the company underwent a merger with Lucky Chemical in 1995, resulting in the formation of the present-day LG Group. LG Electronics has gained recognition as a leading player in the consumer goods sector, offering a diverse range of products and technologies to customers worldwide.

 

Whirlpool Corporation, based in Michigan, the United States, is a renowned global manufacturer and marketer of household appliances. It holds a prominent position as one of the largest home appliance companies worldwide. The company's roots can be traced back to 1911 when it was established as the Upton Machine Company. In 1950, the company underwent a name change to Whirlpool Corporation.

 

Electrolux AB is a multinational manufacturer of home appliances with a strong global presence. The company handles its operations from its headquarters located in Stockholm, Sweden. Electrolux specialises in producing and distributing an extensive array of home appliances and professional products. Since its establishment in 1919, the company has grown significantly and now caters to customers in more than 150 countries worldwide.

 

Other players considered in the laundromat machines market report include EDRO 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.

 

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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
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

 

*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 Laundromat Machines Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Laundromat Machines Historical Market (2018-2023) 
    8.3    Global Laundromat Machines Market Forecast (2024-2032)
    8.4    Global Laundromat Machines Market by Product Type
        8.4.1    Washer Extractors
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Tumble Dryers
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Dry Cleaning Equipment
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Stain-removing machines
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Laundromat Machines Market by Capacity
        8.5.1    Below 25 Kilograms
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    25-50 Kilograms
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    51-100 Kilograms
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Above 100 Kilograms
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
    8.6    Global Laundromat Machines Market by Price Category
        8.6.1    Low
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Medium
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    High
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
    8.7    Global Laundromat Machines Market by End-Use
        8.7.1    Laundry Service Providers
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Hotels
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Hospitals and Nursing Homes
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Resorts
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Others  
    8.8    Global Laundromat Machines Market by Distribution Channel
        8.8.1    Online
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Offline
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
    8.9    Global Laundromat Machines Market by Region
        8.9.1    North America
            8.9.1.1    Historical Trend (2018-2023) 
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Europe
            8.9.2.1    Historical Trend (2018-2023) 
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Asia Pacific
            8.9.3.1    Historical Trend (2018-2023) 
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Latin America
            8.9.4.1    Historical Trend (2018-2023) 
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.5    Middle East and Africa
            8.9.5.1    Historical Trend (2018-2023) 
            8.9.5.2    Forecast Trend (2024-2032)
9    North America Laundromat Machines Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Laundromat Machines Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Laundromat Machines Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Laundromat Machines Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Laundromat Machines Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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    LG Electronics, Inc.
            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    EDRO 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    Electrolux AB
            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    Whirlpool Corporation
            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    Alliance Laundry Systems LLC
            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    BÖWE Textile Cleaning GmbH
            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    IFB Appliances
            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    Fagor Industrial S. Coop (Fagor Professional)
            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    Dexter Apache Holdings, Inc.,
            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    Lead Group of Companies
            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 Laundromat Machines Market: Key Industry Highlights, 2018 and 2032 
2.    Global Laundromat Machines Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3.    Global Laundromat Machines Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4.    Global Laundromat Machines Historical Market: Breakup by Capacity (USD Billion), 2018-2023
5.    Global Laundromat Machines Market Forecast: Breakup by Capacity (USD Billion), 2024-2032
6.    Global Laundromat Machines Historical Market: Breakup by Price (USD Billion), 2018-2023
7.    Global Laundromat Machines Market Forecast: Breakup by Price (USD Billion), 2024-2032
8.    Global Laundromat Machines Historical Market: Breakup by End-Use (USD Billion), 2018-2023
9.    Global Laundromat Machines Market Forecast: Breakup by End-Use (USD Billion), 2024-2032
10.    Global Laundromat Machines Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
11.    Global Laundromat Machines Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
12.    Global Laundromat Machines Historical Market: Breakup by Region (USD Billion), 2018-2023
13.    Global Laundromat Machines Market Forecast: Breakup by Region (USD Billion), 2024-2032
14.    North America Laundromat Machines Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    North America Laundromat Machines Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Europe Laundromat Machines Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Europe Laundromat Machines Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Asia Pacific Laundromat Machines Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Asia Pacific Laundromat Machines Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Latin America Laundromat Machines Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Latin America Laundromat Machines Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Middle East and Africa Laundromat Machines Historical Market: Breakup by Country (USD Billion), 2018-2023
23.    Middle East and Africa Laundromat Machines Market Forecast: Breakup by Country (USD Billion), 2024-2032
24.    Global Laundromat Machines Market Structure

Key Questions Answered in the Report

What was the global laundromat machines market size in 2023?

In 2023, the market reached a value of about USD 4.79 billion.

What is the growth rate of the laundromat machines market?

The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.

What is the forecast outlook of the laundromat machines market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 8.43 billion by 2032.

What are the major market drivers?

The market is being driven by technological advancements and the increasing urbanisation around the world.

What are the key trends in the market?

The market is propelled by the increasing demand for laundromat machines in emerging economies and the rising precedence of cashless payments.

What are the major regional markets for laundromat machines, according to the EMR report?

The major regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the major distribution channels in the market?

The major distribution channels include online and offline.

Who are the key market players, according to the laundromat machines market report?

The key players in the 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.

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