$6.6bn
$X.Xbn
49,688
20,099
$X.Xbn
Rising utility costs have put considerable pressure on the laundromat industry. However, following the Federal Reserve's decision to aggressively raise interest rates multiple times in 2022-2023, a tighter policy has affected budgets and decreased disposable income, favoring the industry. So, industry-wide revenue has increased at a CAGR of 0.5% over the past five years, including an estimated 1.5% decrease in 2023 and is expected to total $6.6 billion. In the same year, profit is projected to increase to 22.2%.
Industry revenue has grown at a CAGR of 0.5 % over the past five years, to reach an estimated $6.6bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Csc Serviceworks, Inc. | 1,008.1 | 162.5 | 16.1 |
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Laundromats in the US
Industry revenue is measured across several distinct product and services lines, including Washer services, Self-service dry cleaning and Commercial laundry services. Washer services is the largest segment of the Laundromats in the US.
Washer and dryer services comprise the largest industry segment
Companies in this industry primarily manage facilities with coin-operated or similar laundry and dry-cleaning equipment for customer use on the premises. Laundromats 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, like apartments and dormitories.
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NAICS 81231 - Laundromats in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
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Laundromats compete mainly based on price, quality of service, location and extra services offered. There is significant price-based competition in the industry.
Learn about the performance of the top companies in the industry.
Csc Serviceworks Inc. is a private company with an estimated 3,000 employees. The company has a significant market share of laundromats in the United States.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Some regulations vary at the state and local levels. Laundromats must frequently contact local business administration offices to determine which licenses are required.
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Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Laundromats in the US industry in United States is $6.6bn in 2024.
There are 20,099 businesses in the Laundromats in the US industry in United States, which has grown at a CAGR of 0.5 % between 2018 and 2023.
The market size of the Laundromats in the US industry in United States has been growing at a CAGR of 0.5 % between 2018 and 2023.
Over the next five years, the Laundromats in the US industry in United States is expected to grow.
The biggest company operating in the Laundromats market in United States is Csc Serviceworks, Inc.
Automatic laundries, coin-operated and Coin-operated dry cleaners and laundries are part of the Laundromats in the US industry.
The company holding the most market share in United States is Csc Serviceworks, Inc..
The level of competition is high and increasing in the Laundromats in the US industry in United States.