Commercial Laundry Machinery Market by Product, Type, Distribution Channel, End-user

Description

List of Tables

[197 Pages Report] 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.

KEY MARKET STATISTICS
Base Year [2023]	USD 6.69 billion
Estimated Year [2024]	USD 7.23 billion
Forecast Year [2030]	USD 11.70 billion
CAGR (%)	8.30%

Type: Preference for fully automatic commercial laundry machines to save time and improve cleaning capabilities

Fully automatic machines offer better functionality and a wide range of program cycles and modes with a single compartment for washing and rinsing that is able to handle practically any type of clothing and provide better wash quality on a commercial level. Semi-automatic laundry machine requires manual input, including several steps following the final wash, containing two tubs for washing and drying the clothes respectively. Consumers need to physically transfer clothes from the washtub to the drying tub, which requires significant human labor and may discover high-capacity alternatives in the semi-automatic sector.

Product: Adoption of continuous batch washers and top loaders in high volume laundry establishments emphasizing on energy efficiency

Commercial dryers use electricity or gas to heat the tumblers to dry the clothes quickly by removing the moisture from the clothes after being washed. They are available in several varieties, including vented dryers that heat atmospheric air to dry the clothing while sucking out moisture, and condensed dryers collect the moisture at the bottom of the machine for later disposal. Different types and sizes of commercial laundry ironers are available in the marketplace as relatively large machines that require space for operation and service. Continuous batch washers are extensively designed with optimal hygienic standards with very low use of water and energy to handle heavy loads of laundry. These continuous batch washers have the ability to process significant numbers of clothes pieces a day during commercial laundry operations while minimizing the need for water, energy, and chemicals. The front loader machines offer more clean energy and water efficiency than top loader machines. Front loader machines have additional wash capabilities to meet a range of fabric types and filth levels with rapid spinning speeds, which remove more water from garments, resulting in shorter drying times. Washer extractors are available in primarily two types: soft mount and hard mount washer extractors. Soft-mount washer-extractors are built in a cradle containing springs and shock absorbers, while hard-mount washer-extractors are installed by bolting them directly into the floor and, thus, do not shake around when in operation.

Distribution Channel: Convenience and cost-effectiveness of procuring commercial laundry machinery through online channels

The offline sales channel for commercial laundry machinery allows customers to check the machines before purchase, reducing the danger of obtaining a duplicate product. Furthermore, offline sales are convenient since sales & dealers can provide a demo, and customers can interact face-to-face to clear their doubts. In contrast, online sales of commercial laundry machinery have remained the most opportunistic choice for customers, as these offer them the option to check reviews by previous customers. All variations of laundry machinery are presented on one page, with the prices, brands, and customer reviews on online platforms, helping simplify decision-making by reducing shopping time. Moreover, users discover better prices and discounts when purchasing laundry machines online and access more brands and outlets providing excellent offers to attract consumers

End-user: Need for robust and efficient laundry solutions to handle large volumes of linens, towels, and uniforms in the hospitality sector

Hospitals depend on commercial on-premise laundry to clean and sanitize their bed linens, and the need for high-quality, efficient laundry facilities in healthcare is important as people become more focused on hygiene standards. Healthcare facilities normally require big machines to wash oversized items such as bedsheets, linens, and towels. Many manufacturers offer commercial washing machines and dryers with up to 135-pound capacity for the healthcare industry. The hospitality sector uses commercial laundry machines to wash their high quantity of bedsheets, towels, and linens. The hospitality sector adopts advanced commercial laundry machines as they help to decrease water, gas, and electricity usage. For hotels, effective laundry equipment manufacturers invest in premium laundry solutions that bring laundry in-house rather than relying on external laundry service providers. Additionally, commercial laundry machines are available in various applications of laundry stores or laundromats, which provide enzyme/denim washing, garment washing, and milling machines for cotton and woolen sweaters for efficiency in washing operations.

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.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Commercial Laundry Machinery Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis 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: 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 examination of the current state of vendors in the Commercial Laundry Machinery Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. 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 this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

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, BOWE 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 Waschereimaschinenbau 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

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Commercial Laundry Machinery Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Commercial Laundry Machinery Market?

3. What are the technology trends and regulatory frameworks in the Commercial Laundry Machinery Market?

4. What is the market share of the leading vendors in the Commercial Laundry Machinery Market?

5. Which modes and strategic moves are suitable for entering the Commercial Laundry Machinery Market?

Product Code: MRR-43676CF4296B

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