PUBLISHER: The Business Research Company | PRODUCT CODE: 1750942
PUBLISHER: The Business Research Company | PRODUCT CODE: 1750942
Coin-operated laundry machines are self-service washing and drying machines that function when coins or digital payments are inserted. They are commonly found in laundromats, apartment buildings, and dormitories, offering a convenient and cost-effective way for individuals to do their laundry without the need for personal washers or dryers.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The main types of coin-operated laundry machines are coin-operated washers and coin-operated dryers. Coin-operated washers are self-service washing machines that require users to insert coins, tokens, or use digital payments to start the wash cycle. The technologies used in these machines include traditional models and smart machines. These machines are used in various applications such as hotels, home laundries, hospitals, schools, apartments, and other settings.
The coin operated laundry machines market research report is one of a series of new reports from The Business Research Company that provides coin operated laundry machines market statistics, including coin operated laundry machines industry global market size, regional shares, competitors with a coin operated laundry machines market share, detailed coin operated laundry machines market segments, market trends and opportunities, and any further data you may need to thrive in the coin operated laundry machines industry. This coin operated laundry machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The coin-operated laundry machines market size has grown rapidly in recent years. It will grow from$17.33 billion in 2024 to $19.19 billion in 2025 at a compound annual growth rate (CAGR) of 10.8%. The growth during the historic period can be attributed to the increasing demand for convenience, rising urbanization, growth in multi-family housing, the growing adoption of cashless payment systems, and a rise in environmental awareness.
The coin-operated laundry machines market size is expected to see rapid growth in the next few years. It will grow to$28.50 billion in 2029 at a compound annual growth rate (CAGR) of 10.4%. The growth during the forecast period can be attributed to the increasing preference for self-service laundromats, rising demand for eco-friendly machines, higher disposable income, a growing number of small apartments, and the rising adoption of digital payment solutions. Key trends during the forecast period include advancements in energy-efficient technologies, enhanced automation features, innovations in contactless payment systems, improvements in smart monitoring capabilities, and better integration with mobile apps for added convenience.
The increasing demand for self-service solutions is expected to fuel the growth of the coin-operated laundry machines market. Self-service solutions are automated systems that enable customers to complete transactions or access services independently, without requiring staff assistance. The demand for these solutions is primarily driven by their speed, convenience, cost-effectiveness, and the growing preference among younger consumers for technology-driven experiences. Coin-operated laundry machines contribute to this trend by enabling customers to independently manage their laundry tasks, offering flexibility and convenience. For example, in September 2024, a report by the US-based B2B platform PYMNTS revealed that 84% of US consumers prefer self-service kiosks, with 66% opting for them over staffed checkouts. This trend is most pronounced among Gen Z (84%) and millennials (76%). As a result, the increasing demand for self-service solutions is significantly driving the growth of the coin-operated laundry machines market.
Leading companies in the coin-operated laundry machines market are incorporating advanced technologies, such as energy-efficient laundry pairs, remote monitoring, and smart payment systems, to enhance user convenience, reduce operational costs, and promote sustainability. Energy-efficient laundry pairs, which include washer and dryer sets designed to use less water and electricity, help reduce utility costs and minimize environmental impact. For instance, in November 2024, Electrolux Group, a Sweden-based home appliance company, introduced a new energy-efficient laundry pair that provides superior stain removal, even in cold water. This washing machine is optimized for cold cycles, enabling users to confidently choose lower temperatures. Since approximately 85% of an appliance's environmental impact occurs during usage, the focus on energy-efficient operation is crucial for sustainability. Electrolux emphasizes the role of consumer habits in minimizing environmental impact, aligning with its commitment to reducing carbon footprints in home appliances.
In February 2024, LG Electronics, a South Korea-based leader in technology and consumer electronics, partnered with WASH, a US-based provider of coin-operated laundry machines. This collaboration focuses on offering energy-efficient washers and dryers that combine convenience and performance for end-users. Through this partnership, LG aims to expand its presence in a rapidly growing sector and reinforce its commitment to providing innovative, sustainable solutions in the commercial laundry industry.
Major players in the coin operated laundry machines market are LG Electronics Inc., Haier Group Corporation, GE Appliances, Whirlpool Corporation, Electrolux AB, Maytag Commercial Laundry, Alliance Laundry Systems LLC, Miele & Cie. KG, IFB Industries Ltd., Girbau S.A., Dexter Laundry LLC, Pellerin Milnor Corporation, Huebsch, Primus, Kenmore, Speed Queen, B&C Technologies Inc., IPSO, Broomfield Launderette, Easy Life Laundry Ltd.
North America was the largest region in the coin-operated laundry machines market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in coin-operated laundry machines report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the coin-operated laundry machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The coin-operated laundry machines market consists of sales of top-load washers, front-load washers, standalone dryers, and smart payment machines. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Coin Operated Laundry Machines Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on coin operated laundry machines market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for coin operated laundry machines ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The coin operated laundry machines market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.