US Market for Coin-Operated Laundries & Drycleaners

Global Industry Analysts released a report on the US coin-operated laundries and drycleaners market projecting it to reach US$3.5 billion by 2015, recovering from the erosion in growth caused by the recession of 2008–09.

Key drivers identified in the report:

- Recovering economic conditions and improving rental occupancy rates - Service innovations, including energy-saving and water-conserving equipment and improved turnover times - Rising population and a consumer preference for convenience - Busier lifestyles, longer working hours, and growth in single-person households and dual-income families - Growth in the tourism industry driving commercial laundry services

The report also noted the sector's sensitivity to apartment and condominium occupancy rates, and to rising energy costs.