Since the first laundromat started in Texas in the 1930s, the laundry business has continuously evolved and thrived till this modern times. The business owners’ ability to change with the times ensured the industry’s longevity.
If you are a laundry business owner, you need to pay attention to these 5 major driving forces of the laundry industry for 2024:
1. Environmental Concerns
Increasing emphasis on environmental-friendly practices is pushing the laundry industry to adopt a more sustainable approach to the business. This means using more eco-friendly detergents, energy-efficient and water-saving machines to reduce the industry’s impact on the environment.
2. Technology Driven
More cutting-edge laundry machines will emerge in line with the push for environmental sustainability. The technological advancement will also include machines with the Internet of Things (IoT) capabilities such as remote monitoring and maintenance. All this development aims to boost operation efficiency and enhance customer experience.
3. Hygiene Standards
The Covid-19 pandemic prompted the raise in hygiene standards of the laundry industry. This practice is here to stay. Business owners must continue to implement rigorous hygiene practices and disinfection procedures to ensure the safety of employees and customers.
4. Entertain Your Customers
Gone are the days of boring laundry runs. The demand for in-store entertainment is stronger than ever. WiFi, charging stations, TV are now a necessity in laundromats. There is a growing trend of going beyond the basics to attract more customers. Some examples of this trend are in-house cafés or gaming facilities.
5. Consistent Growth
The laundry business will see higher demand from residential, commercial, and industrial sectors. This is good news for those who wish to expand their business. It is also a prime time for entrepreneurs who want to start their own laundry business.
Staying updated with the changing trends of the industry is vital for laundry business owners. This way, you can adapt your business strategies to ride the wave of change with ease and grow. PLE Laundry Equipment Sdn. Bhd., Asia’s no. 1 coin laundry distributor, is committed to help laundry businesses thrive in the industry. Contact us at 016-262 2965 or 03-5633 6405 to elevate your laundry business today.
