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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - Starting a New Business Chapter

The Laundromats industry exhibits moderate barriers to entry. There is a low level of market share concentration among the top companies in the industry. Furthermore, there is a low level of regulation and only a medium level of capital intensity. Although the industry has entered into the decline stage of its industry life cycle, there is still a high degree of competition and about 21,499 companies currently operating in the industry.

Start-up costs vary depending on location and the scale of operations. New businesses will need to secure a retail space if they are operating a laundromat or an operational facility if they distribute and manage washers and dryers in apartment buildings, dormitories and other multi-unit accommodations... 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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