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Laundromats in the US

  • ID: 2227928
  • Report
  • April 2014
  • Region: United States
  • 34 pages
  • IBISWorld
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Washed out: Increasing substitute services and rising utility costs will hinder revenue growth

FEATURED COMPANIES

  • Coinmach Corporation
  • Mac-Gray Corporation
  • MORE
Laundromats in the US

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 2014, 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 2019. 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.

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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Coinmach Corporation
  • Mac-Gray Corporation
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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Mac-Gray Corporation

Coinmach Corporation
Note: Product cover images may vary from those shown
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