Global Commercial Laundry Machinery Market Overview
Commercial Laundry Machinery Market was valued at US$ 5.1 Billion in 2024 and is projected to grow at a CAGR of 6.70% to reach US$ 9.6 Billion by 2034.
Prophecy Market Insights has recently published its insights on “Commercial Laundry Machinery Market” for the forecast period of 2024-2034. The market is By Type of Equipments (Washing machines, Commercial Dryers, Pressing Machines, and Automatic Bifurcating equipment), By Distribution Channel (Online and Offline), and By Region
Growth in the demand of efficient laundry machinery across the globe is the major factor for the global market growth. In addition, rise in the population and disposable income is also boosting the growth of the target market. Furthermore, initiatives taken by the healthcare industries to solve the issue of various cleaning jobs is another factor anticipated to propel the growth of the global market over the forecast period.
Asia-Pacific to grow at the highest CAGR during the forecast period
Asia-Pacific has the largest market and is expected to dominate the global market over the forecast period due to rising popularity of Laundromats in the region. This rise in popularity can be attributed to rising costs of electricity, time poverty of working couples, and the trend of transition toward apartment-style living in the region.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2023 is considered as base year and 2024 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2024 to 2034. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
Commercial laundry machinery market report segments the market on the basis of type, vehicle type, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the commercial laundry machinery market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Competitive Analysis
Advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the commercial laundry machinery market. Key players have adopted mergers & acquisitions and new product developments to strengthen their positions in the commercial laundry machinery market.
- Electrolux Laundry Systems
- GE Appliances
- Qualitex Company
- Unipress Corporation
Prophecy Market Insights offers required customization on this report according to specific business requirements.
Global Commercial Laundry Machinery Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type of Equipments
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type of Equipments, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Washing machines
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Commercial Dryers
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Pressing Machines
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Automatic Bifurcating equipment
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Distribution Channel , Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Online
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Offline
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type of Equipments, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type of Equipments, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type of Equipments, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Overview
- Latin America
- Market Size and Forecast (US$ Bn), By Type of Equipments, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type of Equipments, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Electrolux Laundry Systems
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- GE Appliances
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Qualitex Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Unipress Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Alliance Laundry Systems LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Whirlpool Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Maytag Commercial Laundry
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Commercial Laundry Machinery Market is segmented into Type of Equipment’s, Distribution Channel and Region.
The market is propelled by rising demand from the hospitality and healthcare sectors, technological advancements in laundry machinery, and a growing trend of outsourcing laundry services.
Challenges include high initial costs, stringent regulatory standards, and environmental concerns associated with laundry machinery operations.
The report encompasses North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is anticipated to dominate the Commercial Laundry Machinery Market due to rapid industrialization, urbanization, and a heightened demand for commercial laundry services in the region.
The key players operating the target market includes Electrolux Laundry Systems,GE Appliances,Qualitex Company,Unipress Corporation.