Hang an expandable rack. To maximize space in a small laundry room, put a front-loading washer and dryer beneath a counter so you have work space, and utilize flexible space savers like a folding drying rack.
Hometalk :: Installing a DIY Laundry Shelf Over Your Washer/Dryer. Great idea, but not for those of us that have top loading washer and dryers. Good to know though for the future when we may get new ones.