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Commercial Laundry Machinery - Global Market Trajectory & Analytics

  • ID: 2832318
  • Report
  • May 2021
  • Region: Global
  • 478 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • American Dryer Corp.
  • Dexter Laundry, Inc.
  • Forenta LP
  • Girbau S.A.
  • JLA Limited
  • Qualitex Company

Global Commercial Laundry Machinery Market to Reach $5.9 Billion by 2026


Equipment intended for commercial laundry applications is built for heavy-duty usage and high volume washing at institutions and businesses. Manufacturers of commercial laundry systems pay more attention to construction rather than aesthetics to enhance durability and reliable operations during frequent usage. The equipment is generally arranged in long rows for user convenience while keeping adequate space at the back of the equipment for maintenance and repair work. Though commercial laundry systems have limited features in comparison to domestic laundry equipment, they sometimes include features not available in their counterpart consumer laundry systems.

Amid the COVID-19 crisis, the global market for Commercial Laundry Machinery estimated at US$4.2 Billion in the year 2020, is projected to reach a revised size of US$5.9 Billion by 2026, growing at a CAGR of 3.9% over the analysis period.Washers, one of the segments analyzed in the report, is projected to grow at a 3.3% CAGR to reach US$2.7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Commercial Dryers segment is readjusted to a revised 3.9% CAGR for the next 7-year period. This segment currently accounts for a 21.9% share of the global Commercial Laundry Machinery market.

The U.S. Market is Estimated at $1.3 Billion in 2021, While China is Forecast to Reach $954.6 Million by 2026


The Commercial Laundry Machinery market in the U.S. is estimated at US$1.3 Billion in the year 2021. The country currently accounts for a 29.42% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$954.6 Million in the year 2026 trailing a CAGR of 3.7% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 3.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR while Rest of European market (as defined in the study) will reach US$986.7 Million by the end of the analysis period.

Widespread deployment of commercial laundry machinery in laundromat facilities, the coin-operated or self-service laundry units; multi-housing laundries, the vended laundry units for apartment buildings, dormitories, and academia; and on-premise laundries, intended for in-house laundry needs of commercial and industrial entities, has accelerated overall momentum in these regional markets. Manufacturers` efforts aimed at offering advanced systems at affordable pricing schemes is also positively influencing market prospects. Especially, technology advancements in terms of performance and design have given massive impetus to market growth in recent years.

Presses Segment to Reach $955.8 Million by 2026


Presses are appliances designed to facilitate finishing quality to laundry. Laundry press includes a polished metal head and a fixed padded buck, which is attached firmly to a metal frame. The buck acts as the worktable and thus its shape and size vary depending upon the function it is designed for. In the global Presses segment, USA, Canada, Japan, China and Europe will drive the 4.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$523 Million in the year 2020 will reach a projected size of US$719.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$204.6 Million by the year 2026.

Select Competitors (Total 114 Featured) -

  • Alliance Laundry Systems, LLC
  • American Dryer Corp.
  • BÖWE Textile Cleaning GmbH
  • CMV Sharper Finish, Inc.
  • Dexter Apache Holdings, Inc.
  • Dexter Laundry, Inc.
  • EDRO Corporation
  • Forenta LP
  • GE Appliances
  • Girbau S.A.
  • Hoffman/New Yorker, Inc.
  • JLA Limited
  • Miele Inc.
  • Pellerin Milnor Corporation
  • Qualitex Company
  • Shanghai Sailstar Machinery (Group) Co., Ltd.
  • Unipress Corporation
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • American Dryer Corp.
  • Dexter Laundry, Inc.
  • Forenta LP
  • Girbau S.A.
  • JLA Limited
  • Qualitex Company
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • An Introduction to Commercial Laundry Machinery
  • Commercial Laundry Machinery: Current Market Scenario and Outlook
  • Factors Affecting Consumer Purchases
  • While Developed Regions Remain Dominant Consumers, Developing Regions Extend Robust Growth Opportunities
  • Exhibit 1: World Commercial Laundry Machinery Market (2019 & 2025): Percentage Breakdown of Dollar Sales for Developed and Developing Regions
  • Exhibit 2: World Commercial Laundry Machinery Market - Geographic Regions Ranked by CAGR (Value Sales) for 2018-2025: China, Asia-Pacific, Latin America, Rest of World, Canada, USA, Europe, and Japan
  • Segmental Analysis
  • Washing Machines: Largest Product Segment
  • Top-Loading Washers Vs. Front-Loading Washers
  • Top-Loading Washers: Overview, Advantages and Limitations
  • Front-Loading Washers: Overview, Advantages and Limitations
  • Washer-Extractors, the High-Capacity Washing Machines, Emerge in the Market
  • Commercial Dryers Segment Continues to Make Gains
  • Dry Cleaning Equipment Segment Exhibits Fast Paced Growth
  • Role & Importance of Commercial Laundry Presses Remains Intact
  • Market for Presses & Finishing Equipment: Characterized by Regional Variations
  • Commercial Wet Ironing Machines: An Overview
  • COMPETITIVE SCENARIO
  • Leading Players in the World Commercial Laundry Machinery Market
  • Vendors Emphasize Service Vertical to Maintain Client Base
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Alliance Laundry Systems, LLC (USA)
  • BÖWE Textile Cleaning GmbH (Germany)
  • CMV Sharper Finish, Inc. (USA)
  • Dexter Apache Holdings, Inc. (USA)
  • Dexter Laundry (USA)
  • EDRO Corporation (USA)
  • Electrolux Professional AB (Sweden)
  • Forenta LP (USA)
  • Girbau S.A. (Spain)
  • Hoffman/New Yorker, Inc. (USA)
  • IFB Appliances (India)
  • JLA Limited (UK)
  • Kannegiesser E-Tech, Inc. (USA)
  • Kenmore (USA)
  • LG Electronics (South Korea)
  • Miele Inc. (USA)
  • Pellerin Milnor Corporation (USA)
  • Qualitex Company (USA)
  • Shanghai Sailstar Machinery (Group) Co., Ltd. (China)
  • Unipress Corporation (USA)
  • Whirlpool Corporation (USA)
3. MARKET TRENDS & DRIVERS
  • Hotels: Major Consumers of Commercial Laundry Machinery
  • Exhibit 3: On-Premise Laundry for Hotel Industry: Percentage Breakdown of Operating Cost by Cost Component
  • Booming Lodging Services & Travel Accommodation Market Leads to Increased Use of Commercial Laundry Machinery in Hotels
  • Global Travel Accommodation Market (In US$ Billion) for the Years 2018, 2020, 2022, 2024, & 2026
  • Exhibit 4: International Tourist Arrivals by Geographic Region (2018): Breakdown of Number of Arrivals (in Millions) for Europe, Asia-Pacific, Americas, Africa, and the Middle East
  • Exhibit 5: Leading Tourist Destinations Ranked by International Tourism Receipts (in US$ Billions) for the Year 2018
  • Exhibit 6: Leading Tourist Destinations Ranked by International Tourist Arrivals (in Millions) for the Year 2018
  • Exhibit 7: International Tourist Arrivals by Purpose of Journey (2018): Percentage Breakdown of Number of Inbound Tourists for Holidays, Leisure & Recreation, Business & Professional, and Others
  • Healthcare Sector Emerges as New Growth Vertical
  • Widening Opportunities Beyond Hotels and Hospitals Enthuse Commercial Laundry Machinery Market
  • Industrial Entities & Fire Stations Prioritize Commercial Laundry Machinery for Clean PPE
  • Sustained Demand from Prisons & Correctional Facilities Segment
  • Linen Rental Businesses: Niche Segment
  • Waterparks Rely on On-Premise Units to Handle High-Volume Laundry Needs
  • Athletic Facilities, Gyms and Sports Organizations
  • Salons and Spas
  • Rising Demand for Laundromat Services Augments Market Prospects
  • Growing Importance of Multi-Housing Laundries Augurs Well
  • Robust Demand for Dry Cleaning Services Enhances Overall Demand
  • Amid Regulatory Curbs on PERC Usage, PERC Alternatives Proliferate Dry Cleaning Domain
  • Select Alternatives to PERC and TCE that Perform Effectively in Textile Cleaning
  • A Note on Anti-PERC Regulations
  • Technology Innovations & Advancements Sustain Momentum in Commercial Laundry Machinery Market
  • Latest Models Emphasize Automation, IoT and Wireless Connectivity Needs of Clients
  • New Textile Materials Necessitate Amendments to Laundry Technology
  • A Look Into Select Advanced Capabilities of Commercial Laundry Machines
  • A Review of Select Recently Launched Commercial Laundry Solutions
  • High Speed Laundry Machines with Shortened Cycle Time Come to the Fore
  • Fast Growing Demand for Energy-Efficient, Green Laundry Technologies
  • Low Water Consuming Laundry Machines Make a Cut
  • Polymer Bead Cleaning: The New High-Tech Water Saving Laundry Technology
  • Replacement Demand Supplements Overall Sales Volume
  • Exhibit 8: Life Span of Select Commercial Laundry Machinery
  • Impact of Regulations and Legislations on Commercial Laundry Machinery Business
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES
  • The United States: Major Market for Commercial Laundry Machinery
  • Buoyed by Healthy Travel & Tourism Volumes, Hotel Industry Remains Major Consumer
  • Exhibit 9: Travel Expenditure in the US by Source (2019): Percentage Breakdown of Travel Expenses for Auto, Food & Beverage, Lodging, Recreation, Retail, and Transportation
  • Laundry Machinery with Reduced Water Usage and Energy Efficiency Features Gain Traction
  • Rising Utility Costs Drive Operators toward New Energy-Efficient Models
  • Combination Washer and Dryer Equipment Gain Traction
  • Rising Demand for Washer-Extractors
  • Exhibit 10: Installed Base of Washer-Extractors (in %) in the US On-Premise Laundry Market by Consumer Category (2019)
  • Commercial Laundry Services: Market Structure
  • Exhibit 11: US Commercial Laundry Services Market Revenues (in %) by Vendor Type (2019)
  • Uptrend in Self-Service Laundromats Vertical Bodes Well
  • Key Services Offered by Laundromats
  • Exhibit 12: US Laundromat Market Revenues (in %) by Service Type for the Years 2019
  • Key Geographic Markets for Laundromats
  • Key End-use Markets for Laundromats
  • Exhibit 13: US Laundromat Market Revenues (in %) by Consumer Type for the Year 2019
  • Laundromat Operators Offer Value Added Services to Boost Consumption
  • Challenges Ahead for Laundromat Industry
  • US Laundromat Industry Characterized by High Fragmentation, Intense Competition
  • Exhibit 14: Leading Vendors in the US Laundromat Market: 2019
  • Rising Competition Poses Strong Challenge to Self-service Laundromat Operators
  • Vended Multi-Housing Laundries Find New Customers in Homeowners
  • Immense Potential in Commercial Dry Cleaning Market
  • Phase Out of Perc-based Dry Cleaning Machinery
  • Commercial Laundry Machinery Market: Competitive Landscape
CANADA

JAPAN
  • Increasing Working Women Drives the Laundry Services Market
CHINA
  • China: A Market Laden with Opportunities
  • Demand for Eco-Friendly Dry-Cleaners on the Rise
EUROPE
  • Largest Regional Market
  • Coin Laundries, the Laundromats, Make Big Gains
  • Eastern Europe: Presenting Diverse Trends
  • Competition and Overcapacity: Major Concerns
  • Electrical Dryers Dominate the Dryers Market
  • Exhibit 15: European Dryers Market by Technology Type (2019): Percentage Breakdown of Volume Sales for Electric Dryers, Gas Dryers, and Others
  • Competition
FRANCE

GERMANY

ITALY

UNITED KINGDOM
  • Market Overview
REST OF EUROPE
  • OVERVIEW OF SELECT MARKETS
  • Russia: Laundry and Dry Cleaning Services Continue to Grow
  • Growth Drivers
  • Market Challenges
  • Hungary
  • Poland
ASIA-PACIFIC
  • OVERVIEW OF SELECT MARKETS
  • India
  • Hygiene and Automation Propel Commercial Laundry Business in India
  • Dry-Cleaning Market Scenario
  • Malaysia
  • Laundry Equipment Market: Overview & Outlook
  • Regulatory Landscape
  • Government Policies and Regulations
  • Safety and Health Related Regulations
  • The Franchise Act 1998
  • Key Challenges
  • Alternative Products or Services
  • Heavy Dependence on Imported Machinery
REST OF WORLD
  • Egypt: A Major Market
  • Competition
IV. COMPETITION
  • Total Companies Profiled: 114
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Alliance Laundry Systems, LLC
  • American Dryer Corp.
  • BÖWE Textile Cleaning GmbH
  • CMV Sharper Finish, Inc.
  • Dexter Apache Holdings, Inc.
  • Dexter Laundry, Inc.
  • EDRO Corporation
  • Forenta LP
  • GE Appliances
  • Girbau S.A.
  • Hoffman/New Yorker, Inc.
  • JLA Limited
  • Miele Inc.
  • Pellerin Milnor Corporation
  • Qualitex Company
  • Shanghai Sailstar Machinery (Group) Co., Ltd.
  • Unipress Corporation
Note: Product cover images may vary from those shown
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