Laundromats in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Laundromats Market Research Report | NAICS 81231 | Sep 2015

Washed out: Increased competition and declining rental market will reinforce industry's decline

IBISWorld’s Laundromats market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

The Laundromats industry includes companies that operate self-service laundry and dry-cleaning equipment in laundromats, apartments, dormitories and similar locations. Over the five years to 2015, industry revenue was hindered by rising rental vacancy rates, as a greater share of consumers pursued homeownership. Another trend that has adversely affected the industry is rising competition from laundromats and dry cleaners that offer pick-up and delivery services. The industry's declining sales over the past decade are forecast to continue in the five years to 2020. Heightened rental vacancy rates as the housing sector gains momentum and increasing homeownership rates will decrease demand for rental properties, which are the industry's largest target market... purchase to read more

Industry Report - Industry Investment Chapter

The Laundromats industry has a high level of capital intensity. In 2014, for every $1.00 spent on wages, the industry will spend an estimated $0.59 on capital investment. Capital investment is mainly in washers and dryers, coin changers, computers and vehicles if the company services washers and dryers located in apartment buildings, dormitories or other multifamily accommodations. According to the Coin Laundry Association April 2014 State of the Industry survey, 38.0% of respondents purchased at least one piece of equipment in 2013. Coin laundromats range in market value from $50.000 to more than one million and can generate cash flows of $15,000.0 to $200,000.0 per year. Stores are typically between 1,000 and 5,000 square feet, though most are between 2,000 and 3,000 square feet... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Laundromats Industry?

Companies in this industry primarily manage facilities with coin-operated or similar laundry and dry-cleaning equipment for customer use on the premises. Industry operators also supply and service coin-operated, smart card or similar self-service laundry and dry-cleaning equipment for customer use in other places of businesses, such as apartments and dormitories.

Industry Products
Washer servicesDryer servicesSelf-service dry cleaningCommercial laundry services
Industry Activities
Automatic laundries, coin-operatedCoin-operated dry cleaners and laundriesCoin-operated laundry and dry-cleaning routes (i.e. concession operators)Dry-cleaning services, coin-operated or similar self-serviceLaundries, coin-operated or similar self-serviceLaundry services, coin-operated or similar self-serviceSelf-service dry cleaners and laundries

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