Commercial Laundry Machinery Market by Product (Fully Automatic, Semi-Automatic), Type (Commercial Dryer, Commercial Ironer, Continuous Batch Washer), Distribution Channel, End-user - Global Forecast 2024-2030
The Commercial Laundry Machinery Market size was estimated at USD 6.69 billion in 2023 and expected to reach USD 7.23 billion in 2024, at a CAGR 8.30% to reach USD 11.70 billion by 2030.
Commercial laundry machines are designed for commercial use to easily accommodate big loads of laundry, serving the needs of hotels, care homes, and restaurant industries. Commercial laundry machinery has a capacity of 12 kg to 60 kg and beyond for faster wash rates, reduced energy and water bills, increased reliability, and intensive cleaning compared to domestic laundry equipment. The hospitality industry is increasingly adopting commercial laundry machinery for efficient cleaning operations. In recent years, the demand for multi-housing laundries and laundromats with improved energy and water efficiency has increased. However, the high costs, operational issues, and commercial laundry care equipment maintenance may limit the product adoption. Moreover, the introduction of innovative technologies, such as the Internet of Things (IoT), is creating lucrative opportunities for market growth.
Regional Insights
The Americas has a highly developed infrastructure for hospitality industries, creating a demand for commercial laundry machinery. The market is experiencing a significantly increasing landscape due to market players' investments in expanding business operations. The European market is expanding due to rising consumer focus on environment-efficient, affordable, energy-saving laundry machines for industrial use. The booming hospitality and hotel industry in the United Arab Emirates (UAE) and other Middle-East countries is attributing the market growth in the region. The surge in customers' spending power, the emergence of novel laundry machinery, and the expansion of the travel and tourism sector in Asian economies are boosting the laundry industry and raising the demand for commercial laundry machinery in the region. Additionally, the global market players are expanding their presence in the APAC region to meet the growing customer demand for advanced commercial laundry machinery by various end users.
Market Insights
- Market Dynamics
The market dynamics represent an ever-changing landscape of the Commercial Laundry Machinery Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.- Market Drivers
- Increased use of commercial laundry machinery in the hospitality industry
- Growing demand for multi-housing laundries and laundromats
- Rising demand for energy and water-efficient laundry machines
- Market Restraints
- High cost of laundry machines and their maintenance
- Market Opportunities
- Development of new laundry equipment with innovative features
- Introduction of online on-demand laundry services
- Market Challenges
- Technical and operational issues associated with commercial laundry machinery
- Market Segmentation Analysis
- Type: Preference for fully automatic commercial laundry machines to save time and improve cleaning capabilities
- Product: Adoption of continuous batch washers and top loaders in high volume laundry establishments emphasizing on energy efficiency
- Distribution Channel: Convenience and cost-effectiveness of procuring commercial laundry machinery through online channels
- End-user: Need for robust and efficient laundry solutions to handle large volumes of linens, towels, and uniforms in the hospitality sector
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Commercial Laundry Machinery Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Commercial Laundry Machinery Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments- LinenMaster Receives Growth Investment from Mainsail Partners
LinenMaster LLC, a provider of software solutions tailored for the industrial laundry sector, has announced a substantial financial infusion from Mainsail Partners ensuring that the offerings remain at the forefront of technology and efficiency. By leveraging Mainsail's expertise and resources, LinenMaster is committed to delivering enhanced value to its customer base, reinforcing its position as a pivotal player in the market. This partnership underscores a shared vision for growth and excellence, promising to deliver cutting-edge solutions that meet the dynamic needs of the commercial laundry landscape.
Alliance Laundry Systems’ Innovative Laundry Solutions Offers a Game Changer for Vietnam’s Commercial Self-Service Laundry Market
Alliance Laundry Systems (ALS) strategically expanded its footprint in Vietnam with its renowned brands: Speed Queen, UniMac, Huebsch, Primus, and IPSO. Recognized for its laundromat franchises worldwide, ALS is now seeking local entrepreneurs in Vietnam to join its mission to transform the self-service laundry industry.
Alliance Laundry Systems Distribution Expands West Region with Acquisition
Alliance Laundry Systems, a provider of commercial laundry machinery, announced the acquisition of Quality Laundry Equipment Distributors (QLED) to extend the reach of Alliance Laundry Systems' sales and service capabilities in key western regions of California and provide a significant number of top-tier industrial laundry products.
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Commercial Laundry Machinery Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Commercial Laundry Machinery Market, highlighting leading vendors and their innovative profiles. These include Alliance Laundry Systems LLC, BÖWE Textile Cleaning GmbH, D.W. Renzmann Apparatebau GmbH, Danube International, Dexter Laundry Inc., EDRO Corporation, Electrolux AB, Ellis Corporation, Energenics Corporation, Fagor Professional, Forenta, LP, G.A. Braun, Inc., General Electric Company, Girbau, SA, Gottlob STAHL Wäschereimaschinenbau GmbH, Haier Group Corporation, IFB Industries Limited, Jiangsu Sea-lion Machinery Co., Ltd., Kannegiesser E-Tech, Inc., LG Electronics, Inc., Maxi Companies, Miele & Cie. KG, Nagarjun International Trading Company, Pellerin Milnor Corporation, Robert Bosch GmbH, Samsung Electronics Co., Ltd., Schulthess Maschinen AG, SEKO S.p.A., Smart Automation & Hydropneumatics Pvt. Ltd., Stefab India Ltd., Tolon Global Makina San ve. Tic. A.S., Unipress Corporation, UnityLab Corp., Welco Garment Machinery P (Ltd)., and Whirlpool Corporation.
Market Segmentation & Coverage
This research report categorizes the Commercial Laundry Machinery Market to forecast the revenues and analyze trends in each of the following sub-markets:- Product
- Fully Automatic
- Semi-Automatic
- Type
- Commercial Dryer
- Commercial Ironer
- Continuous Batch Washer
- Front Loader
- Top Loader
- Washer Extractor
- Distribution Channel
- Offline
- Online
- End-user
- Healthcare
- Hospitality
- Laundry Stores
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
- Americas
- Market Drivers
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increased use of commercial laundry machinery in the hospitality industry
- 5.1.1.2. Growing demand for multi-housing laundries and laundromats
- 5.1.1.3. Rising demand for energy and water-efficient laundry machines
- 5.1.2. Restraints
- 5.1.2.1. High cost of laundry machines and their maintenance
- 5.1.3. Opportunities
- 5.1.3.1. Development of new laundry equipment with innovative features
- 5.1.3.2. Introduction of online on-demand laundry services
- 5.1.4. Challenges
- 5.1.4.1. Technical and operational issues associated with commercial laundry machinery
- 5.2. Market Segmentation Analysis
- 5.2.1. Type: Preference for fully automatic commercial laundry machines to save time and improve cleaning capabilities
- 5.2.2. Product: Adoption of continuous batch washers and top loaders in high volume laundry establishments emphasizing on energy efficiency
- 5.2.3. Distribution Channel: Convenience and cost-effectiveness of procuring commercial laundry machinery through online channels
- 5.2.4. End-user: Need for robust and efficient laundry solutions to handle large volumes of linens, towels, and uniforms in the hospitality sector
- 5.3. Market Trend Analysis
- 5.3.1. Supportive government regulations and growing customer preference for coin laundries in the United States
- 5.3.2. Expanding hospitality sector and growing penetration of regional players in the APAC region
- 5.3.3. Growing adoption of commercial laundry services for household and healthcare facilities in the EMEA region
- 5.4. Cumulative Impact of Russia-Ukraine Conflict
- 5.5. Cumulative Impact of High Inflation
- 5.6. Porter’s Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
- 5.7. Value Chain & Critical Path Analysis
- 5.8. Regulatory Framework Analysis
- 6. Commercial Laundry Machinery Market, by Product
- 6.1. Introduction
- 6.2. Fully Automatic
- 6.3. Semi-Automatic
- 7. Commercial Laundry Machinery Market, by Type
- 7.1. Introduction
- 7.2. Commercial Dryer
- 7.3. Commercial Ironer
- 7.4. Continuous Batch Washer
- 7.5. Front Loader
- 7.6. Top Loader
- 7.7. Washer Extractor
- 8. Commercial Laundry Machinery Market, by Distribution Channel
- 8.1. Introduction
- 8.2. Offline
- 8.3. Online
- 9. Commercial Laundry Machinery Market, by End-user
- 9.1. Introduction
- 9.2. Healthcare
- 9.3. Hospitality
- 9.4. Laundry Stores
- 10. Americas Commercial Laundry Machinery Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Commercial Laundry Machinery Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Commercial Laundry Machinery Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. LinenMaster Receives Growth Investment from Mainsail Partners
- 13.3.2. Alliance Laundry Systems’ Innovative Laundry Solutions Offers a Game Changer for Vietnam’s Commercial Self-Service Laundry Market
- 13.3.3. Alliance Laundry Systems Distribution Expands West Region with Acquisition
- 13.3.4. Alliance Laundry Systems Closes on Purchase of Laundry Equipment Services
- 13.3.5. Whirlpool Corp. Opens New USD 52 Million Plant in Argentina
- 13.3.6. EVI Industries to Acquire Wholesale Commercial Laundry Equipment SE
- 13.3.7. Electrolux Reveals Cutting-Edge Water and Energy Saving Laundry Range
- 13.3.8. Diversey and LG Electronics Announce Strategic Partnership
- 13.3.9. Schulthess Acquires Majority Stake in GMP from Italy
- 13.3.10. Miele Professional Washing Machine and Dryer Launched via WASHCO
- 13.3.11. UnityLab Acquires Hoffman NewYorker Garment Press and Boiler Company
- 13.3.12. IFB Home Appliances Partners with Xeros Tech, Launches New Washing Machines for Institutional Buyers
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook