Industrial Laundry & Linen Supply in Canada - Industry Market Research Report

Industrial Laundry & Linen Supply in Canada - Industry Market Research Report

Industrial Laundry & Linen Supply in Canada

The Canadian Industrial Laundry and Linen Supply industry supplies linen, uniforms and dust-control items to food services, hospitality and manufacturing industries. The industry will endure subdued growth through the end of 2023, primarily due to the COVID-19 pandemic. The industry has encountered fluctuating levels of revenue growth and declines over the past five years, but the elimination of COVID-19 restrictions and the renewal of downstream activity has enabled the industry to realize an overall gain. Industry revenue growth has been sustained primarily by rising demand from the healthcare, food services and manufacturing sectors, especially as the economy begins to normalize. Still, industry revenue decreased sharply amid the pandemic as severe disruptions suppressed overall demand for laundry and linen. Industrial laundry and linen supply revenue has been inching upward at a CAGR of 0.6% over the past five years and is expected to total $1.6 billion in 2023, when revenue will jump an estimated 9.7%. Profit is also increasing due to a reduction in labour costs.

Operators in the Industrial Laundry and Linen Supply industry in Canada supply laundered items, such as uniforms, gowns and coats, table linens, bed linens, towels, diapers, clean room apparel and treated mops to various other industries. These items are provided on a rental or contract basis. Typical clients include industrial plants, healthcare, food service and hospitality establishments.

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.