Laundromat Machines Market to Witness an Outstanding Growth during 2020 - 2030

Global Laundromat Machines Market – Introduction

A laundromat machine is a type of equipment used in the process of washing and drying of clothes or apparel. A wide range of laundromat machines are available in the market, which includes washer extractors, tumble dryers, dry-cleaning equipment, stain-removing equipment, ironers, and other finishing equipment. Some of the prominent end-users of laundromat machines are textile- or apparel-making companies, coin- or card-operated laundry service providers, hotels, resorts, hospitals, nursing homes, multi-housing facilities, hostels, and senior living communities. In countries such as the U.K., Brazil, and Australia, installation of coin-operated laundromat machines has increased rapidly in recent years and it would continue to increase significantly in the near future.

Rise in standard of living and rapid increase in number of laundromat service providers in developing countries to drive the market

• Rise in the standard of living and rapid increase in the number of laundromat service providers in developing countries are projected to drive the global market for laundromat machines in the near future. Rise in awareness regarding hygiene and cleanliness is also anticipated to create significant opportunities for manufacturers and distributors of laundromat machines during the forecast period. Countries such as China, India, Australia, and Japan have experienced growing urbanization over the last few years. This factor is projected to increase sales of laundromat machines in these countries during the forecast period.

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Rapid increase in installation of laundromat machines in hotels, hospitals, and senior living communities to create huge opportunities for manufacturers and distributors of laundromat machines

• Rapid increase in the installation of laundromat machines in hotels, hospitals, resorts, multi-housing facilities, and senior living communities is estimated to create huge opportunities for manufacturers and distributors of laundromat machines during the forecast period. Individuals, especially those living in metropolitan cities of various countries, are availing laundry services in their everyday life. This is anticipated to drive the global laundromat machines market during the forecast period.

Key Players Operating in the Global Laundromat Machines Market

Prominent manufacturers of laundromat machines are projected to face healthy competition during the forecast period. Brands such as LG Electronics, Electrolux AB, Whirlpool Corporation, and Alliance Laundry System LLC are making heavy investments in research and development to expand their existing product portfolios and are planning to launch new laundromat machines in the market. Companies are also entering into mergers and acquisitions or forming agreements with regional distributors and dealers to expand their businesses in various parts of the globe. Some of the key players operating in the global laundromat machines market are:
• LG Electronics
• Alliance Laundry System LLC
• EDRO Corporation
• Electrolux AB
• Whirlpool Corporation
• Girbau North America
• Ramsons India
• BÖWE Textile Cleaning GmbH
• Unipress Corporation

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Global Laundromat Machines Market – Research Scope
Global Laundromat Machines Market, by Product
• Washer Extractors
• Tumble Dryers
• Dry Cleaning Equipment
• Stain-removing Machines
• Others (Finishing Equipment, Ironers, etc.)

Global Laundromat Machines Market, by Type
• Coin-operated
• On-premises
• Multi-housing

Global Laundromat Machines Market, by Washer Capacity
• Below 25 Kilograms
• 25 – 50 Kilograms
• 50 – 100 Kilograms
• Above 100 Kilograms

Global Laundromat Machines Market, by Price Category
• Low
• Medium
• Premium

Global Laundromat Machines Market, by End-use
• Laundry Service Providers
• Hotels
• Hospitals & Nursing Homes
• Resorts
• Others (Senior Living Communities, Hostels, etc.)

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

• Customer Experience Maps
• Insights and Tools based on data-driven research
• Actionable Results to meet all the business priorities
• Strategic Frameworks to boost the growth journey

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