PUBLISHER: Grand View Research | PRODUCT CODE: 1300951
PUBLISHER: Grand View Research | PRODUCT CODE: 1300951
The U.S. coin-operated commercial laundry market size is expected to reach USD 1,585.3 million by 2030, registering a CAGR of 1.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market growth can be credited to the changing lifestyle patterns and busy schedules of people, urging them to find means to save their time otherwise spent on daily chores. Several people opt for commercial laundry services such as laundromats to get their laundry done while they engage in other chores when waiting for their clothes to dry.
The growing consumer demand for such services is expected to drive the expansion of the coin-operated commercial laundry market in the U.S. in the coming years. The market growth is further driven by the wide range of services offered by commercial laundry services providers, such as wash-dry-fold, self-service, commercial, and pickup and delivery. In addition, the availability of comfortable seating facilities, friendly staff, touch-screen washers and dryers, soap dispenser machines, free Wi-Fi, etc. is also favoring the growth of the coin-operated commercial laundry market in the country.
The availability of high-quality equipment at coin-operated laundry facilities ensures the professional cleaning of delicate items without affecting or fading the fabric colors. These machines help tackle stubborn stains, such as ink and wine, that are difficult to remove at home. The technological developments introduced by market players are opening new growth opportunities in the U.S. market for coin-operated commercial laundries. Major technological adoptions include the Internet of Things (IoT), software-driven management systems, and Radio Frequency Identification, among others.