Europe Coin-operated Laundries Market Worth $7.5 Billion By 2028
Europe Coin-operated Laundries Industry Overview The Europe coin-operated laundries market size was valued at USD 3,757.2 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 9.1% from 2021 to 2028. The coin-operated laundry industry has changed in response to several trends. The first is that, for most consumers, meeting the demands of work and personal lives leads to a time crunch. Laundry owners are capitalizing on this reality by offering their customers time-saving convenience in the form of wash-and-fold, also known as drop-off service and dry-cleaning service. Some also offer pick-up services from customers' homes and deliver clean and folded clothes back to them. Over the past few decades, laundry technology has also improved dramatically. Energy-efficient, low-water washers have been gaining popularity, and dryers are much faster than they previously were. Although many machines still rely on coin-operated mechanisms, digital card-op...