Dublin, June 14, 2024 (GLOBE NEWSWIRE) — The “Global Commercial Laundry Machinery Market by Product (Fully Automatic, Semi-Automatic), Type (Commercial Dryer, Commercial Ironer, Continuous Batch Washer), Distribution Channel, End-user – Forecast 2024-2030” report has been added to ResearchAndMarkets.com’s offering.
The Global Commercial Laundry Machinery Market was estimated at USD 6.69 billion in 2023, USD 7.23 billion in 2024, and is expected to grow at a CAGR of 8.30% to reach USD 11.70 billion by 2030.
This research report offers invaluable insights into various crucial aspects of the Commercial Laundry Machinery Market:
- Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
- Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
- Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
- Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
- Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current market size and projected growth?
- Which products, segments, applications, and regions offer promising investment opportunities?
- What are the prevailing technology trends and regulatory frameworks?
- What is the market share and positioning of the leading vendors?
- What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
Market Dynamics
- 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
- Restraints
- High cost of laundry machines and their maintenance
- Opportunities
- Development of new laundry equipment with innovative features
- Introduction of online on-demand laundry services
- Challenges
- Technical and operational issues associated with commercial laundry machinery
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 Trends by Segment
- 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
Industry Insights
- Market Dynamics
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
- FPNV Positioning Matrix
- Market Share Analysis
- Strategy Analysis and Recommendations
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).
- Whirlpool Corporation
Recent Developments
- LinenMaster Receives Growth Investment from Mainsail Partners
- Alliance Laundry Systems’ Innovative Laundry Solutions Offers a Game Changer for Vietnam’s Commercial Self-Service Laundry Market
- Alliance Laundry Systems Distribution Expands West Region with Acquisition
Key Attributes
| Report Attribute | Details |
| No. of Pages | 196 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $7.23 Billion |
| Forecasted Market Value (USD) by 2030 | $11.7 Billion |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/3yeruu
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- Global Commercial Laundry Machinery Market
