The Latest Laundry Industry Statistics Explained
As of 2020, the global commercial laundry machinery market size was value at approximately 4.27 billion U.S. dollars.
The statistic indicates that in 2020, the total worth of the global commercial laundry machinery market was around 4.27 billion U.S. dollars. This figure represents the combined value of all commercial laundry equipment sold worldwide during that year, including industrial washing machines, dryers, and other related machinery used by businesses in the laundry and hospitality industries. The market size serves as a key indicator of the economic activity and demand for commercial laundry machinery on a global scale, reflecting the level of investment and expenditure within the industry. Analyzing this statistic can provide insights into trends, growth potential, and market competitiveness within the commercial laundry machinery sector.
The commercial laundry machinery market worldwide is projected to reach USD 5.03 billion by 2026.
The statistic ‘The commercial laundry machinery market worldwide is projected to reach USD 5.03 billion by 2026’ indicates the anticipated total value of the global market for commercial laundry machinery by the year 2026. This figure reflects the expected growth and size of the market, encompassing all commercial laundry machinery products sold and services offered worldwide. Factors such as increasing demand for commercial laundry services, advancements in technology, and expanding industrial sectors contributing to the growth of the market are considered in this projection. It serves as a valuable insight for industry stakeholders, investors, and policymakers to understand the potential opportunities and trends in the commercial laundry machinery market in the near future.
The market size of the Dry Cleaning & Laundry Services industry in the US has grown 1.7% per year on average between 2016 and 2021.
The statistic indicates that the market size of the Dry Cleaning & Laundry Services industry in the US has experienced an average annual growth rate of 1.7% between the years 2016 and 2021. This suggests that the industry has been expanding steadily over the specified period, likely driven by factors such as increasing demand for convenient and professional cleaning services. The growth rate of 1.7% signifies a moderate pace of expansion, which may be influenced by various economic, social, and technological factors impacting consumer behavior and industry trends. Overall, this statistic reflects positively on the health and trajectory of the Dry Cleaning & Laundry Services sector in the US during the specified timeframe.
There are over 35,000 coin laundries in the United States, most of which are owner-operated.
The statistic indicates that there are more than 35,000 coin laundries across the United States, with the majority being owned and operated by individuals rather than being part of a larger corporation. This suggests that the coin laundry business is widespread and popular in the country, potentially driven by factors such as convenience, cost-effectiveness, and the constant demand for laundry services. The prevalence of owner-operated coin laundries may also reflect the relatively low barriers to entry in this industry, allowing individuals to establish their own businesses without requiring extensive resources or expertise. Overall, the statistic highlights the significant presence of coin laundries in the United States and the dominance of small-scale, independent businesses within this sector.
The United States laundry facilities & dry-cleaning services reached $10.2 billion market size in 2019.
The statistic that the United States laundry facilities and dry-cleaning services reached a market size of $10.2 billion in 2019 indicates the total value of revenue generated by this industry within the country during that year. This figure reflects the amount of money that consumers spent on services such as laundering, dry-cleaning, and related services provided by businesses in this industry. A $10.2 billion market size suggests a significant level of demand for laundry and dry-cleaning services in the United States in 2019, highlighting the importance and scale of this sector within the overall economy.
The self-service laundry market size in Europe was valued at $6,261 million in 2017, and is projected to reach $8,002 million by 2025.
The statistic provided indicates that the self-service laundry market in Europe was valued at $6,261 million in 2017 and is expected to grow to $8,002 million by 2025. This suggests a positive trend in market value over the specified time frame. The projected increase of $1,741 million represents significant potential for growth and investment opportunities within the self-service laundry industry in Europe. Factors such as changing consumer preferences, technological advancements, and increasing awareness of convenience and hygiene are likely driving the growth of this market. Businesses operating in or looking to enter the self-service laundry sector in Europe may benefit from this projected market expansion by adapting their strategies to leverage the anticipated growth opportunities.
Around 15% of UK households possess a tumble dryer while over 97% have a washing machine.
The statistic indicates that in the UK, a relatively lower proportion of households, around 15%, own a tumble dryer compared to the significantly higher proportion of over 97% that own a washing machine. This suggests that washing machines are more prevalent and considered to be a more essential household appliance than tumble dryers. There could be various reasons behind this disparity, such as the climate in the UK, which may often allow for air drying clothes outdoors, or differences in preferences and priorities among consumers. Overall, this statistic highlights the varying adoption rates of different home appliances among UK households.
87.8% of respondents in a U.S. survey from 2020 use the laundry room in their home most of the time.
The statistic indicates that a substantial majority, specifically 87.8%, of respondents in a U.S. survey conducted in 2020 reported using the laundry room in their home most of the time. This finding suggests that the laundry room is a frequently utilized space within American households. The high percentage of respondents using the laundry room regularly implies that this area serves as an essential component of daily life for many individuals in the survey sample. The data highlights the importance of laundry facilities within homes and indicates a strong likelihood that a significant portion of the U.S. population relies heavily on this space for their laundry-related needs.
The average life expectancy of clothes washers in the U.S. is about 10 years.
The statistic that the average life expectancy of clothes washers in the U.S. is about 10 years indicates the typical duration for which a washing machine is expected to operate effectively before a significant number of them require repair or replacement. This information is important for consumers in terms of making informed decisions about purchasing and maintaining their home appliances. It can also be used by manufacturers to assess the quality and durability of their products. Overall, understanding the average lifespan of clothes washers provides valuable insights into consumer behavior, market dynamics, and product development within the appliance industry.
Americans spend an average of $1.2 billion annually on non-electric laundry tools.
The statistic states that Americans collectively spend an average of $1.2 billion each year on non-electric laundry tools. This figure indicates the amount of money spent on products such as clothespins, drying racks, laundry bags, and other items used in the laundry process that do not require electricity. This statistic reflects the significant financial investment Americans make in these tools to aid in their laundry tasks. By quantifying the yearly expenditure on non-electric laundry tools, this statistic provides insight into consumer behavior and preferences related to laundry maintenance and organization.
Global organic laundry detergents market size was valued at USD 9.2 billion in 2019.
The statistic indicates that the total market value of organic laundry detergents worldwide was estimated to be USD 9.2 billion in 2019. This figure represents the total revenue generated by the sales of organic laundry detergents on a global scale within that year. The value of the market provides insights into the size and significance of the organic laundry detergent industry, highlighting the growing trend and consumer preference towards eco-friendly and sustainable cleaning products. The USD 9.2 billion market size suggests a substantial demand for organic laundry detergents in the market, reflecting increased awareness and adoption of environmentally friendly products in the household cleaning sector.
As of 2021, Procter & Gamble (Tide) controls 32% of the U.S laundry detergent market share.
The statistic indicates that as of 2021, Procter & Gamble, specifically their Tide brand, holds a significant portion of the U.S laundry detergent market, with a market share of 32%. This means that out of all the laundry detergent products available in the U.S, about one-third of the market is captured by Tide alone, making it a dominant player in the industry. This level of market share suggests that Tide is a popular and well-established choice among consumers, and its strong presence in the market reflects its competitive advantage over other laundry detergent brands. Additionally, this statistic is crucial for understanding the competitive landscape of the laundry detergent industry and the market positioning of Procter & Gamble in relation to its competitors.
The Asia-Pacific region is expected to grow at the highest rate in the commercial washing machine market due to growing hospitality industry between 2021 to 2027.
The statistic indicates that the Asia-Pacific region is projected to experience the highest growth rate in the commercial washing machine market over the period of 2021 to 2027. This growth is primarily attributed to the flourishing hospitality industry in the region, which is driving the demand for commercial washing machines. As the hospitality sector expands, there is an increasing need for efficient laundry solutions, leading to a surge in the adoption of commercial washing machines. This trend is expected to drive significant market growth in the Asia-Pacific region during the specified timeframe.
Women in UK spend an average of 4.29 hours a week doing laundry.
The statistic “Women in the UK spend an average of 4.29 hours a week doing laundry” indicates the typical amount of time that women in the UK dedicate to performing laundry-related tasks over the course of a week. This statistic provides insight into the distribution of time spent on this domestic chore among women in the UK, revealing that on average, they allocate approximately 4.29 hours per week to this particular activity. The figure serves as a benchmark for understanding the overall time commitment required for laundry chores in this demographic group and can be valuable for individuals and organizations looking to better understand and cater to the needs and demands associated with laundry duties among women in the UK.
In 2019, the average annual expenditure on laundry and cleaning supplies in the United States was 185.3 U.S. dollars per consumer unit.
The statistic indicates that in 2019, the average amount of money spent by a consumer unit in the United States on laundry and cleaning supplies per year was $185.3. This figure reflects the average spending habits of households in the country for these essential household products. It suggests that households allocate a significant portion of their budget to maintaining cleanliness and hygiene in their living spaces. Understanding this average expenditure can provide insights into consumer behavior, economic trends, and the importance placed on maintaining a clean and healthy environment within households in the United States.
China is the country with the highest demand for laundry appliances, where over 24 million units were sold in 2020.
The statistic that China is the country with the highest demand for laundry appliances, with over 24 million units sold in 2020, indicates a substantial market presence and consumer interest in laundry appliances within the country. The high sales volume suggests that laundry appliances are not only a common household essential but also a significant driver of the domestic appliance industry in China. Factors contributing to this high demand could include a growing population, increasing urbanization, rising disposable incomes, and changing lifestyle preferences. This statistic highlights the importance of the Chinese market for manufacturers and retailers of laundry appliances, indicating potential opportunities for further market growth and development in the future.
Retail sales growth of major laundry appliance manufacturers in 2019 was led by Hisense, with a growth rate of 11.5%.
The statistic states that in 2019, the retail sales growth of major laundry appliance manufacturers was driven primarily by Hisense, a brand that experienced a growth rate of 11.5%. This indicates that Hisense saw a substantial increase in sales of its laundry appliances compared to its competitors within the same market. A growth rate of 11.5% is quite significant and suggests that Hisense’s products were well-received by consumers, leading to increased demand and market share. This strong performance may have been driven by factors such as product innovation, competitive pricing, effective marketing strategies, or superior customer service. Overall, the statistic highlights Hisense’s success in expanding its presence in the laundry appliance market during the specified period.
As of 2019, the largest segment in the laundry care market is laundry detergents with a market volume of USD $64,599 million.
The statistic indicates that as of 2019, the laundry detergents segment held the largest market share within the laundry care market, with a total market volume of USD $64,599 million. This suggests that laundry detergents were the most significant product category in terms of consumer demand and revenue generation within the laundry care industry during that time period. The substantial market volume of laundry detergents highlights their essential role in household cleaning and maintenance, as well as the competitive landscape of the laundry care market, where this particular segment appears to dominate in terms of sales and market presence.
76% of American households use a clothes dryer daily or almost daily.
The statistic “76% of American households use a clothes dryer daily or almost daily” indicates that a significant majority of households in the United States rely heavily on clothes dryers for their laundry needs. This high percentage suggests a widespread practice of frequent clothes dryer usage as part of daily routines across the nation. The statistic highlights the prevalence of this appliance in American homes and underscores its importance in modern lifestyle and convenience. Such widespread adoption of clothes dryers may have implications for energy consumption, clothing care practices, and overall household dynamics in terms of routine laundry tasks.
Conclusion
Laundry industry statistics offer valuable insights into the trends, challenges, and opportunities within the sector. By analyzing data on consumer behavior, market size, and technology adoption, businesses can make informed decisions to improve their operations and stay competitive. Stay updated on the latest statistics to drive your laundry business forward.
References
0. – https://www.www.alliedmarketresearch.com
1. – https://www.www.statista.com
2. – https://www.www.ibisworld.com
3. – https://www.laundrylux.com
4. – https://www.www.grandviewresearch.com
