U.S. Coin-operated Commercial Laundry Market Size, Share & Trends Analysis Report By Equipment (Top-load, Front-load), By Product (Washer, Dryer, Others), By Capacity, And Segment Forecasts, 2023 - 2030

Report Overview

The U.S. coin-operated commercial laundry market size was valued at USD 1,362.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 1.9% from 2023 to 2030. The growth can be credited to the increasing urbanization and changing lifestyle patterns of consumers, leading to increased demand for coin-operated laundry services due to the higher concentration of apartments and smaller living spaces. Several people living in cities do not have laundry facilities within their homes, so they rely on coin-operated machines at laundromats or other commercial laundry facilities. Moreover, these facilities are often present in convenient locations and offer flexible hours of operation.

The growth of the coin-operated commercial laundry market in the U.S. is being further driven by increasing demand across the hospitality sector comprising hotels, restaurants, resorts, vacation homes, etc. These businesses require regular laundry services for a variety of purposes such as cleaning linens, towels, and bedding for guests. Several companies offer laundry solutions designed especially for the hospitality industry.

For instance, the UniMac brand by Alliance Laundry System LLC provides hotel washers and dryers that are reliable and designed to lower labor and utility costs. They offer faster drying times and cycle times that significantly save costs in the long run. These services are also being increasingly adopted across rental facilities, dormitories, food & food services, hospitals, clinics, etc.

Another crucial factor driving the expansion of the coin-operated commercial laundry market in the country is the significant technological developments. Unique machine controls, user-friendly interfaces, remote access & monitoring, IoT technologies, energy-efficient technologies, mobile applications, data analytics, and laundry management software are some recent developments in commercial laundry services. For instance, Xeros provides a comprehensive laundry management software solution with order tracking, scheduling, inventory management, billing, reporting & customer management.

Equipment Insights

The top-load segment is estimated to record a CAGR of 1.5% through 2030, owing to rising demand for the equipment due to associated benefits such as faster cycle times, large capacities, high energy efficiency, etc. Another advantage of top-load machines is their dependence on gravity to contain the water instead of potentially short-lived front door seals. Besides, top-load washers are cost-effective, which makes them a preferred option for commercial applications. They are largely adopted across coin-operated units where the initial price is crucial, as they become cost-effective in the long run.

The front-load segment captured a revenue share of over 86.0% in 2022, owing to increasing product demand driven by its ability to provide cleaner clothes due to tumbling motion, less usage of water, greater efficiency, reduced dry time, etc. Moreover, front-load machines are capable of handling larger laundry loads as their drums have more laundry space to accommodate more clothes. They can also self-regulate the water required for appropriate washing and rinsing.

Product Insights

The washer segment accounted for a revenue share of 54.8% in 2022, owing to ongoing technological developments in washers. Several new washers offer unique drum movements and water jets to provide the best possible output. Many new washers introduced in 2022 have been equipped with artificial intelligence that enables machines to sense the weight of laundry and automatically use the precise amount of detergent and water during every wash. Certain washers also have soil sensors which automatically add extra time to the laundry cycle to clean extra dirty clothes.

The dryer segment is estimated to record a CAGR of 2.3% from 2023 to 2030 with the increasing product demand driven by advancements in drying technologies. For instance, the Speed Queen brand by Alliance Laundry System LLC provides washers with unique control options – Quantum Touch and Quantum Gold – providing a user-friendly interface, easy-to-understand cycle modifiers, on-screen timers, and more than 30 languages. They also offer various payment options such as dual coin drop, single coin drop, prep for coin, app pay, etc.

Capacity Insights

The 6 to 14 kg segment captured a revenue share of nearly 48.0% in the U.S. coin-operated commercial laundry market in 2022. This can be credited to the increasing product demand due to growing consumer preference for commercial laundry services as they help save utility costs due to less electricity and water usage. Besides, they can handle small to large laundry loads and provide different programs according to the fabric.

The 14 to 27 kg segment is poised to record a CAGR of 2.4% through 2030, aided by the rising demand for laundry equipment in this capacity range across laundromats. Besides, the growing trend of on-premise laundry in hospitals, hotels, restaurants, salons, and food service industries is also favoring segmental growth. Several companies offer laundry solutions designed especially for the hospitality industry. The UniMac brand by Alliance Laundry Systems provides hotel washers and dryers that are reliable and lower labor and utility costs. They offer faster drying and cycle times to aid in cost savings in the long run.

Key Companies & Market Share Insights

The key players operating in the coin-operated commercial laundry market in the U.S. are focusing on employing technologically advanced solutions. They are also implementing various strategic initiatives, such as collaborations, mergers, acquisitions, and partnerships to gain a competitive edge in the market.

For instance, in April 2023, the commercial laundry equipment provider Alliance Laundry System LLC announced the acquisition of the California-based commercial laundry solutions provider Taylor Houseman. This strategic initiative is expected to strengthen the company’s position in the California market. Some of the prominent players in the U.S. coin-operated commercial laundry market are:

Equipment suppliers:

• AB Electrolux

• Alliance Laundry System LLC

• B&C Technologies

• Dexter Laundry

• Domus

• Ecolab

• Fagor Professional

• Laundrylux Inc.

• LG Electronics

• Maytag

• TOLON

• Wascomat

• Whirlpool Corporation

• Yamamoto

Laundry Service Providers, Laundry Equipment Distributors:

• AAdvantage Laundry Systems

• Champion Cleaners

• Cintas Corporation

• Clean Designs Inc.

• Coin & Professional Equipment Co.

• Ed Brown Distributors

• Northwest Laundry Supply, Inc

• Pierce Commercial Laundry Distributors

• Professional Laundry Solutions

• UniFirst Corp.

• Wholesale Commercial Laundry S.E.

U.S. Coin-operated Commercial Laundry Market Report Scope

U.S. Coin-operated Commercial Laundry Market Report Segmentation

This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. coin-operated commercial laundry market report based on equipment, product, and capacity:

• Equipment Outlook (Revenue, USD Million, 2018 - 2030)

  • Top Load

  • Front Load

• Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Washer

  • Dryer

  • Others

• Capacity Outlook (Revenue, USD Million, 2018 - 2030)

  • 6 to 14 kg

  • 14 to 27 kg

  • Above 27 kg