Washed out: Increasing substitute services and rising utility costs will hinder revenue growth
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.
Table Of Contents
TABLE OF CONTENTS
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 and MARKETS Supply Chain Products and 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
OPERATING CONDITIONS Capital Intensity Technology and Systems Revenue Volatility Regulation and Policy Industry Assistance
KEY STATISTICS Industry Data Annual Change Key Ratios