Uncovering the Self-service Laundry Market in Thailand

Dynamics of the Thai Market

The self-service laundry industry has been one of the most popular investment sectors in Thailand. During the pandemic, laundromats are popping up all over Thailand. Hidden in the streets, this hot industry is quietly ushering in its own changes.

● Thai apartments are compact in size. To increase space utilization, a lot of Thai people usually use communal self-service washers to wash their daily clothes. The self-service laundry industry has been one of the most popular industries in Thailand. In Bangkok, where land is at a premium, laundromats can be found everywhere, including old coin-operated washers and new washers which support several payment methods.

Development Tendency

❑ Past

In the past, using self-service coin-operated washers was the mainstream of the industry. However, whenever customers want to use washers, they have to wait for the last person to take the clothes out of the washers and then insert coins to use the washers. This is a practical problem for the customers. Waiting in lines, paying in cash, and waiting for a long time are all the drawbacks of traditional laundromats.

❑ Present

Nowadays, laundromats have been able to use modern technology to solve problems users encounter in daily use.

For example,

● Intelligent laundromats have combined intelligent online programs with offline stores. Users can use their phones to check the number of available washers in different stores in real time and arrange their time to wash clothes.

● Kingstar intelligent commercial washers and dryers all support multiple payment methods, including phone payment, QR code payment, card payment, and central payment center, greatly avoiding the jam of personnel and condition of no available washers after arriving at the laundromats. Users can genuinely and conveniently use the self-service laundry. At present, many laundromats support such functions.

Analysis of Investment

Investing in the Thai self-service laundry industry is an attractive choice. According to the data, the start-up investment in establishing a laundromat in Thailand is about 2.2 million baht.

● Optimizing operations and adding services like drying and ironing can speed up the return cycle.

● Kingstar self-service laundry equipment is beneficial to reducing operating costs and increasing the return on investment with its characteristics of energy saving and high efficiency.

● Some laundromats are equipped with recreation facilities and TVs to provide a comfortable environment for the customers waiting for clean clothes so as to further increase the store revenue.

●The scale of the Thai laundry service market is expected to maintain the growth trend in the coming years. The laundromats are expected to grow at a rate of 10% in the following 5 years.

Conclusion

Kingstar, as a manufacturer of self-service laundry equipment, contributes to providing high-quality and intelligent laundry solutions for investors and helps investors achieve rapid returns and profits in the global self-service laundry market.