Commercial Washing Machine Manufacturing in the US - Industry Market Research Report

Commercial Washing Machine Manufacturing in the US

The Commercial Washing Machine Manufacturing industry consists of manufacturers that manufacture commercial washing machines, which are most commonly used in laundromats and multifamily homes. Commercial washing machines are typically coin-operated and offer a longer life span, easier serviceability and lower incidence rate than household washing machines. Steady population growth and urbanization have failed to boost demand for commercial washing machines in the face of rising import penetration and low replacement demand. The COVID-19 pandemic in 2020 and the associated global economic decline exacerbated industry revenue declines, as exports plummeted and downstream demand stalled. Overall, industry revenue has been falling an annualized 4.6%, and is expected to reach $440.4 million through the end of 2023. This includes a decline of 0.4% in 2023 alone.

This industry manufactures commercial washing machines. Commercial washing machines are most commonly used in laundromats and multifamily homes and are typically coin-operated. Excluded from this industry are automated or continuous tunnel washers, which are used in the textile manufacturing and healthcare markets.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.