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The global coin-operated laundries market size reached a value of around USD 20.36 billion in 2023. The market is expected to grow at a CAGR of 9.30% between 2024 and 2032, reaching a value of around USD 45.50 billion by 2032.
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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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.
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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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.
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.
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:
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Breakup by Type |
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Breakup by Application |
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Breakup by Region |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market for coin-operated laundries attained a value of USD 20.36 billion.
The market is projected to grow at a CAGR of 9.30% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 45.50 billion by 2032.
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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
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.
+63-287-899-028, +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
+84-865-399-124
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