The global market for Commercial Laundry Machinery was valued at an estimated US$5.7 Billion in 2023 and is projected to reach US$9.3 Billion by 2030, growing at a CAGR of 7.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the commercial laundry machinery market is driven by several factors, including technological advancements, increasing demand from the hospitality and healthcare sectors, and the rising trend of on-demand laundry services. Technological progress, particularly in automation and IoT integration, has made commercial laundry operations more efficient and cost-effective, attracting investments from various industries. The hospitality sector, which requires the regular laundering of large quantities of linens, towels, and uniforms, is a significant driver of market growth.
Similarly, the healthcare industry, with its stringent hygiene standards, relies heavily on commercial laundry machinery to ensure the cleanliness and sanitization of medical textiles. Additionally, the rise of on-demand laundry services, driven by consumer preferences for convenience and time-saving solutions, has led to increased investments in commercial laundry infrastructure. The confluence of these factors, along with the expansion of industrial and commercial activities worldwide, is expected to propel the growth of the commercial laundry machinery market, ensuring its relevance and demand in the coming years.
The growth in the commercial laundry machinery market is driven by several factors, including technological advancements, increasing demand from the hospitality and healthcare sectors, and the rising trend of on-demand laundry services. Technological progress, particularly in automation and IoT integration, has made commercial laundry operations more efficient and cost-effective, attracting investments from various industries. The hospitality sector, which requires the regular laundering of large quantities of linens, towels, and uniforms, is a significant driver of market growth.
Similarly, the healthcare industry, with its stringent hygiene standards, relies heavily on commercial laundry machinery to ensure the cleanliness and sanitization of medical textiles. Additionally, the rise of on-demand laundry services, driven by consumer preferences for convenience and time-saving solutions, has led to increased investments in commercial laundry infrastructure. The confluence of these factors, along with the expansion of industrial and commercial activities worldwide, is expected to propel the growth of the commercial laundry machinery market, ensuring its relevance and demand in the coming years.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Washers segment, which is expected to reach US$4.3 Billion by 2030 with a CAGR of a 8.0%. The Commercial Dryers segment is also set to grow at 6.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.8 Billion in 2023, and China, forecasted to grow at an impressive 9.8% CAGR to reach $1.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Commercial Laundry Machinery Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Commercial Laundry Machinery Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Commercial Laundry Machinery Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Alliance Laundry Systems, LLC, BÖWE Textile Cleaning GmbH, Dexter Laundry, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 158 Featured):
- Alliance Laundry Systems, LLC
- BÖWE Textile Cleaning GmbH
- Dexter Laundry, Inc.
- EDRO Corporation
- Electrolux Professional AB
- Forenta LP
- Girbau S.A.
- IFB Appliances
- JLA Limited
- Kannegiesser E-Tech, Inc.
- LG Electronics, Inc.
- Miele, Inc.
- Pellerin Milnor Corporation
- Transform SR Brands LLC
- Unipress Corporation
- Whirlpool Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISLATIN AMERICAREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alliance Laundry Systems, LLC
- BÖWE Textile Cleaning GmbH
- Dexter Laundry, Inc.
- EDRO Corporation
- Electrolux Professional AB
- Forenta LP
- Girbau S.A.
- IFB Appliances
- JLA Limited
- Kannegiesser E-Tech, Inc.
- LG Electronics, Inc.
- Miele, Inc.
- Pellerin Milnor Corporation
- Transform SR Brands LLC
- Unipress Corporation
- Whirlpool Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 531 |
| Published | July 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 5.7 Billion |
| Forecasted Market Value ( USD | $ 9.3 Billion |
| Compound Annual Growth Rate | 7.3% |
| Regions Covered | Global |
