Automated Laundromat Services Market Forecasts to 2028 – Global Analysis By Service Type (Washing, Drying, Heat Roll and Folding), Clothing Type, Generation, Operation (Card Operated, Coin Operated, Hybrid), and By Geography

Automated Laundromat Services Market Forecasts to 2028 – Global Analysis By Service Type (Washing, Drying, Heat Roll and Folding), Clothing Type, Generation, Operation (Card Operated, Coin Operated, Hybrid), and By Geography

According to Stratistics MRC, the Global Automated Laundromat Services Market is accounted for $15.63 billion in 2021 and is expected to reach $19.22 billion by 2028 growing at a CAGR of 3.0% during the forecast period. An automated laundromat service is a facility where garments are washed and depleted absent a lot of customized proficient guide. While the vast majority are purchasing washers and dryers for home uses, laundromats are progressively famous with numerous condo inhabitants and the individuals who don't have their own clothes washers. A few group possessing clothes washers will generally involve laundromat administrations for huge sheet material and things that customary private machines can't oblige.

Market Dynamics:

Driver:

Availability of laundromat services on smartphone applications

The availability of laundromat services on smartphone applications has boosted online demand for laundry services. With the increasing convenience of balancing a stressful work-life balance, individuals are increasingly opting for on-demand services that can be scheduled quickly via smartphones. Major competitors in the U.K. market are speeding up their efforts to produce laundry mobile applications with a wide range of features. In the near future, this is anticipated to draw additional customers to the automated laundromat services market.

Restraint:

High Initial Cost

The disadvantages of owning laundromats are primarily high initial investment costs. It costs a tremendous amount of money. It is very capital-intensive; the machines are very expensive plus you need to do expensive construction work for the installation of the laundry equipment.

Opportunity:

Changing clothing preferences in emerging regions

People's clothing preferences are evolving, and their schedules are getting busier, hence automated laundromats are becoming more popular. In the automated laundromat services sector, card or coin operated laundry services are regarded a more efficient and cost-effective solution. By providing self-serve washers and dryers at their facilities, dry-cleaning companies can earn revenue from migrants such as professionals and students who do not have proper clothing that requires dry-cleaning. During the forecast period, this aspect is expected to boost the automated laundromat market. Makers of washing machines have experimented with various wash movements and technologies in order to provide the best alternatives based on fabric requirements. One such technology is 6-Motion DD, which provides an optimal motion combination for each type of fabric. Tumble, stepping, filtering, and other wash movements can all be replicated with the 6-Motion technology. Customers are more comfortable while washing laundry as a result of these advances, which contributes to the overall growth of the automated laundromat services market.

Threat:

Competition

It is a competitive business, there are lots of laundromats. One need to find the requirement of a laundromat in the area selected for laundry services and if the user town does not have one, then that is probably a good time to build one from scratch.

The dress segment is expected to be the largest during the forecast period

The dress segment is estimated to have a lucrative growth. People of today are very particular about their dress material, furnishing, and linen, especially during public appearances. People prefer to wear and use expensive, well cleaned and ironed dress materials. A automated laundromat services will help in cleaning including any kind of laundry that are brought to the laundry business be it from shirts dresses.

The washing segment is expected to have the highest CAGR during the forecast period

The washing segment is anticipated to witness the fastest CAGR growth during the forecast period due to the rising disposable income will likely increase the inclination for wash-and-fold services purchased by renters and homeowners further cutting into industry revenue.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period due to the increasing number of automated laundromat services players operating across the region. Japan is relied upon to enlist a high development rate followed by China in the locale's computerized laundromat administrations market in the years ahead. In Japan, laundromat administrations are utilized by the people who don't have their own clothes washer or to clean huge pieces, for example, duvets or bed and couch sheets, which, thusly, powers the robotized laundromat administrations market in Japan.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period. The UK automated laundromat market has seen an increase in demand from the commercial, residential, and industrial sectors in the past few years. Furthermore, the increased demand for automated laundry services has been fueled by the rise of end-use sectors such as healthcare and hotels. In addition, the hotel industry in the U.K. is predicted to see more franchising opportunities and technical developments, which is likely to assist in the expansion of the UK automated laundromat market.

Key players in the market:

Some of the key players profiled in the Automated Laundromat Services Market include Huntington Cleaners & Shirt Laundry, CSC ServiceWorks, EVI Industries Inc., DhobiLite, CLEANLY, FlyCleaners, PML Solutions Pvt. Ltd., Broomfield Launderette, Laundrapp, Laundryheap, Karl Chehade Dry-Cleaning, and Lapels.

Key Developments:

In November 2015, The Huntington Company, LLC (the ""Huntington Company""), a multi-concept franchisor located in Berkley, Mich., announced a new and diversified business model for Martinizing International, LLC, d/b/a Martinizing Dry Cleaning, the largest U.S. based franchise dry cleaning brand, that includes the rebranding of 1-800-DryClean, Pressed4Time and Dry Cleaning Station, at the company's first International Convention in Detroit.

Service Types Covered:
• Washing
• Drying
• Heat Roll and Folding

Clothing Types Covered:
• Top Wear
• Trousers
• Suits
• Dresses
• Bedding
• Bottom Wear
• Other Clothing Types

Generations Covered:
• Millennial
• GenX
• Baby Boomers
• Post Millennial

Operations Covered:
• Card Operated
• Coin Operated
• Hybrid

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances