The global coin-operated laundries market size is anticipated to reach USD 30.1 billion by 2027, expanding at a CAGR of 9.4%. The increasing economic stability of middle-class consumers in emerging markets is driving the demand for clothes, which has spurred demand for coin-operated laundries.
Additionally, increasing population and rising tourism activities are the key factors driving demand for coin-operated laundries in the hospitality sector. The increasing number of hotels, hospitals, restaurants, and other commercial setups has led to a rise in the demand for coin-operated laundries, which, in turn, is anticipated to boost the market in the commercial sector.
Clean laundry is essential for a healthy and hygienic lifestyle. Washing dirty daily use clothes and other laundry items require an adequate amount of clean water, detergents, and soaps, washing appliances, as well as a proper washing area. Instead of spending on expensive appliances and other related products, millennials and working-class populations are adopting the laundry machines, which offer convenience and flexibility and save time.
These advanced laundry machines are available round the clock, making laundry more convenient and easier for the young and working population. Consumers' priority in laundry care is changing in developed as well as developing countries. Laundry care is necessary, however, it is time-consuming, owing to which consumers in the urban areas are shifting toward convenient and hygienic laundry services.
Hectic working schedules and time constrain for daily house chores are the key factors fueling demand for the laundry machines among working professionals. Moreover, an increasing number of working-class women in developing countries, such as India and China, is expected to contribute to market growth.
Increasing awareness about the importance of daily laundry care and personal hygiene is expected to favor market growth in the coming years. Moreover, an increase in the penetration of broadband internet smartphones has led to a significant increase in the popularity of coin-operated services, including laundry care. Additionally, the growth of tourism and hotel industries in the region is expected to boost the demand for the market over the forecast period.
Additionally, increasing population and rising tourism activities are the key factors driving demand for coin-operated laundries in the hospitality sector. The increasing number of hotels, hospitals, restaurants, and other commercial setups has led to a rise in the demand for coin-operated laundries, which, in turn, is anticipated to boost the market in the commercial sector.
Clean laundry is essential for a healthy and hygienic lifestyle. Washing dirty daily use clothes and other laundry items require an adequate amount of clean water, detergents, and soaps, washing appliances, as well as a proper washing area. Instead of spending on expensive appliances and other related products, millennials and working-class populations are adopting the laundry machines, which offer convenience and flexibility and save time.
These advanced laundry machines are available round the clock, making laundry more convenient and easier for the young and working population. Consumers' priority in laundry care is changing in developed as well as developing countries. Laundry care is necessary, however, it is time-consuming, owing to which consumers in the urban areas are shifting toward convenient and hygienic laundry services.
Hectic working schedules and time constrain for daily house chores are the key factors fueling demand for the laundry machines among working professionals. Moreover, an increasing number of working-class women in developing countries, such as India and China, is expected to contribute to market growth.
Increasing awareness about the importance of daily laundry care and personal hygiene is expected to favor market growth in the coming years. Moreover, an increase in the penetration of broadband internet smartphones has led to a significant increase in the popularity of coin-operated services, including laundry care. Additionally, the growth of tourism and hotel industries in the region is expected to boost the demand for the market over the forecast period.
Coin-operated Laundries Market Report Highlights
- The residential application segment dominated the market with a share of 80.3% in 2019.
- North America dominated the market with a share of 45.3% in 2019.
- Some of the major players operating in the market include Elis SA, Aramark, Cintas Corp, UniFirst Corp, Johnson Service Group, Franz Haniel & Cie. GmbH, Spotless Group Holdings Limited, Bel and Blanc, and Champion Cleaners.
Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Coin-operated Laundries Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industrial Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industrial Challenges
3.4.4. Industrial Opportunities
3.5. Business Environment Analysis
3.5.1. Industrial Analysis - Porter’s
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap ofCoin-operated LaundriesMarket
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Coin-operated Laundries Market: Application Estimates & Trend Analysis
5.1. ApplicationMovement Analysis & Market Share, 2019 & 2027
5.2. Residential
5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.3. Commercial
5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
Chapter 6. Coin-operated Laundries Market: Regional Estimates & Trend Analysis
6.1. Regional Movement Analysis & Market Share, 2019 & 2027
6.2. North America
6.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.2.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
6.2.3. The U.S.
6.2.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.2.3.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
6.3. Europe
6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.3.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
6.3.3. Germany
6.3.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.3.3.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
6.3.4. The U.K
6.3.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.3.4.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
6.4. Asia Pacific
6.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.4.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
6.4.3. China
6.4.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.4.3.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
6.4.4. India
6.4.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.4.4.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
6.5. Central & South America
6.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.5.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
6.5.3. Brazil
6.5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.5.3.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
6.6. Middle East & Africa
6.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.6.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
6.6.3. South Africa
6.6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.6.3.2. Market estimates and forecast, by application, 2016 - 2027 (USD Million)
Chapter 7. Competitive Analysis
7.1. Key global players, recent developments & their impact on the Industrial
7.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
7.3. Vendor Landscape
7.3.1. Key company market share analysis, 2019
Chapter 8. Company Profiles
8.1. Elis SA
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Aramark
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Cintas Corp.
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. UniFirst Corp.
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Johnson Service Group
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Franz Haniel & Cie GmbH
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Spotless Group Holdings Limited
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Bel and Blanc
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Champion Cleaners
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. Easy Life Laundry
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
List of Tables
1. Coin-operated Laundries - Key market driver analysis
2. Coin-operated Laundries - Key market restraint analysis
3. Global Coin-operated Laundries market estimates and forecast, by Commercial, 2016 - 2027 (USD Million)
4. Global Coin-operated Laundries market estimates and forecast, by Residential, 2016 - 2027 (USD Million)
5. North America Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
6. North America Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
7. The U.S. Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
8. The U.S. Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
9. Europe Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
10. Europe Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
11. Germany Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
12. Germany Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
13. The U.K Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
14. The U.K Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
15. Asia Pacific Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
16. Asia Pacific Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
17. China Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
18. China Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
19. India Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
20. India Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
21. Central & South America Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
22. Central & South America Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
23. Brazil Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
24. Brazil Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
25. Middle East & Africa Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
26. Middle East & Africa Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
27. South Africa Coin-operated Laundries market estimates and forecast, 2016 - 2027 (USD Million)
28. South Africa Coin-operated Laundries market revenue estimates and forecast by application, 2016 - 2027 (USD Million)
29. Vendor landscape
List of Figures
1. Coin-operated Laundries market snapshot
2. Coin-operated Laundries market segmentation & scope
3. Coin-operated Laundries market penetration & growth prospect mapping
4. Coin-operated Laundries value chain analysis
5. Coin-operated Laundries market dynamics
6. Coin-operated Laundries market: Porter's analysis
7. Coin-operated Laundries market: Application movement analysis
8. Coin-operated Laundries market: Regional movement analysis
Companies Mentioned
- Elis SA
- Aramark
- Cintas Corp.
- UniFirst Corp.
- Johnson Service Group
- Franz Haniel & Cie GmbH
- Spotless Group Holdings Limited
- Bel and Blanc
- Champion Cleaners
- Easy Life Laundry
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | July 2022 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 14631 Million |
| Forecasted Market Value ( USD | $ 30100 Million |
| Compound Annual Growth Rate | 9.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
