Commercial Laundry Machinery Market is estimated to be US$ 9.6 Billion by 2034; Rising Demand for Laundry Services to Propel Market Growth

Published Date: April 2024

Commercial Laundry Machinery is designed for the high-volume cleaning of textiles and garments in commercial settings such as hotels, hospitals, and Laundromats. These machines are capable of washing, drying, ironing, and folding large quantities of laundry efficiently and effectively.

Commercial Laundry Machinery plays an essential role in maintaining cleanliness and hygiene in various industries, making it an essential investment for businesses that handle a lot of laundry. Rapid growth of Commercial Laundry Machinery has been driven by a combination of technological advancements, increasing demand for laundry services, and growing concerns about hygiene, cleanliness, and sustainability that has further facilitated the demand for target market growth.

The report “Commercial Laundry Machinery Market, By Type of Equipments (Washing machines, Commercial Dryers, Pressing Machines, and Automatic Bifurcating equipment), By Distribution Channel (Online and Offline), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

  • In May 2022, Samsung launched its AI-Enabled and Connected AI EcoBubble Washing Machine Range with AI wash & machine learning, also adds high capacity models. These are fully automatic front load washing machines. As consumers move their preferences to larger washing machines, the new line-up includes a brand-new AI Wash function for an uncomplicated laundry experience as well as greater capacity models with capacities up to 12 kg.
  • In July 2022, CHiO launched its new washing machines in the Philippines. The Shopee platform served as the market's entry point for the two washing machine series, the drum and impeller versions. The 487 mm-deep chamber of the CHiQ washing machine allows for an ultra-thin body that saves space. The unit is simple to set up and, due to its sleek, attractive appearance, it blends in beautifully with any décor, making placement throughout the house easy.
  • In December 2022, Xeros Technology launched washing machines that reduce water use by 50%. By using Xeros patented inventions and 25% less chemistry than a standard machine, it reduces the environmental effect of laundering clothes while simultaneously speeding up the process by up to 25%.
  • In March 2023, LG launched the Laundry Launch app together with the opening of its second Laundry Lounge branch in the country and with the help of GCash, the new Laundry Lounge offers quick location services, machine reservations, and cashless payments across its business operations.

Analyst View:

Laundry service demand is anticipated to rise as the world's population keeps growing. Additionally, the increased emphasis on cleanliness and hygiene across a range of industries is anticipated to increase demand for commercial laundry equipment. The demand for sustainable laundry solutions is expected to increase, with a growing focus on energy efficiency, water conservation, and eco-friendly materials. This is expected to drive innovation in commercial laundry machinery, with new machines and technologies designed to minimize environmental impact.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on Commercial Laundry Machinery Market, By Type of Equipment’s (Washing machines, Commercial Dryers, Pressing Machines, and Automatic Bifurcating equipment), By Distribution Channel (Online and Offline), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Commercial Laundry Machinery Market accounted for US$ 5.1 Billion in 2024 and is estimated to be US$ 9.6 Billion by 2034 and is anticipated to register a CAGR of 6.70%. Commercial Laundry Machinery Market is segmented based on Type of Equipment’s, Distribution Channel and Region.

  • Based on Type of Equipment’s, Commercial Laundry Machinery Market is segmented into Washing machines, Commercial Dryers, Pressing Machines, and Automatic Bifurcating equipment.
  • Based on Distribution Channel, Commercial Laundry Machinery Market is segmented into Online and Offline.
  • By Region, the Commercial Laundry Machinery Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Commercial Laundry Machinery Market:

The prominent players operating in the Commercial Laundry Machinery Market includes, Electrolux Laundry Systems, GE Appliances, Qualitex Company, Unipress Corporation and others.

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