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Commercial Laundry Machinery - Global Market Trajectory & Analytics

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    Report

  • 521 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2832318

Global Commercial Laundry Machinery Market to Reach $6.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Commercial Laundry Machinery estimated at US$4.1 Billion in the year 2020, is projected to reach a revised size of US$6.4 Billion by 2027, growing at a CAGR of 6.6% over the period 2020-2027. Washers, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Commercial Dryers segment is readjusted to a revised 6.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 8.8% CAGR

The Commercial Laundry Machinery market in the U.S. is estimated at US$1.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$697 Million by the year 2027 trailing a CAGR of 8.8% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

Presses Segment to Record 7.6% CAGR

In the global Presses segment, USA, Canada, Japan, China and Europe will drive the 7.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$502.2 Million in the year 2020 will reach a projected size of US$820.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 145 Featured)

  • Alliance Laundry Systems, LLC
  • BÖWE Textile Cleaning GmbH
  • CMV Sharper Finish, Inc.
  • Dexter Laundry
  • EDRO Corporation
  • Electrolux Professional AB
  • Forenta LP
  • Girbau S.A.
  • IFB Appliances
  • JLA Limited
  • Kannegiesser E-Tech, Inc.
  • Transform SR Brands LLC.
  • LG Electronics
  • Miele Inc.
  • Pellerin Milnor Corporation
  • Unipress Corporation
  • Whirlpool Corporation

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to a digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Commercial Laundry Machinery

What is the estimated value of the Global Market for Commercial Laundry Machinery?

The Global Market for Commercial Laundry Machinery was estimated to be valued at $4.1 Billion in 2020.

What is the growth rate of the Global Market for Commercial Laundry Machinery?

The growth rate of the Global Market for Commercial Laundry Machinery is 6.6%, with an estimated value of $6.4 Billion by 2027.

What is the forecasted size of the Global Market for Commercial Laundry Machinery?

The Global Market for Commercial Laundry Machinery is estimated to be worth $6.4 Billion by 2027.

Who are the key companies in the Global Market for Commercial Laundry Machinery?

Key companies in the Global Market for Commercial Laundry Machinery include Alliance Laundry Systems, LLC, BÖWE Textile Cleaning GmbH, CMV Sharper Finish, Inc., Dexter Laundry, EDRO Corporation, Electrolux Professional AB, Forenta LP, Girbau S.A. and JLA Limited.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Laundry: A Quickly Evolving Household Task That Has Become a Billion Dollar Industry
  • Exhibit 1: Growing Global Opportunity for Laundry Services Creates a Parallel Market For Laundry Machines: Global Demand for Dry-Cleaning and Laundry Services (In US$ Million) for Years 2019, 2021, 2023 and 2025
  • What's the Prognosis on the Pandemic? Here's What Everyone Should Know About the Dynamics of the Ongoing Multiwave Pandemic & Its Impact on the Economy
  • After Omicron, Comes Stealth Omicron & Deltacron Fueling Fresh Waves of Infections Across the Globe
  • With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking Amid Waning Vaccine Immunity. But How Practical Is It to Implement Them?
  • Exhibit 2: With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries: Number of Booster Doses Administered Per 100 People by Country as of March 2022
  • At the Dawn of 2022 After Numerous New Strains & Millions of Deaths, Challenges in Vaccine Production, Supply, Access & Technology Sharing Continue to Remain
  • Exhibit 3: How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • Split Scenarios Unfold: The Great Vaccine Divide Emerges
  • Exhibit 4: With Low Vaccination Rates in Africa Emerging Into a Global Security Issue, Vaccine Imbalances Will Stretch the Pandemic Further into 2022: Global Percentage (%) of Population Administered With Vaccines by Region as of March 2022
  • The Great Vaccine Controversy & Growing Anti-Vaccination Movement Aggravates the Divide Between the Vaccinated & the Unvaccinated
  • Exhibit 5: Top Reasons for Unwillingness & Uncertainty Towards COVID-19 Vaccines Among the By-Choice Unvaccinated People: % Share of Various Reasons as of the Year 2022
  • The Verdict's Out - The Pandemic Cannot Be Ended But Can be Maneuvered to Become Endemic and More Manageable
  • Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?
  • Dragging Pandemic, New Virus Strains, Fresh Societal Risks, Renewed Economic Disruptions Bring Weaker Growth in 2022 as Compared to 2021
  • Exhibit 6: Uncertain, Uneven & Bumpy Recovery Shaped by New Variants Comes Into Play, Lowering Growth Expectations for 2022 & 2023: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
  • Exhibit 7: Persistently High Unemployment Indicates Long-Term Scarring from the COVID-19 Pandemic, Wage Inequality & Uneven Economic Recovery. Tough Times to Continue for Industries Reliant on Consumer Discretionary Incomes Until 2023: Global Number of Unemployed People (In Million) for Years 2019 Through 2023
  • New Bursts of Food & Energy Inflation Triggered by Russia-Ukraine War to Threaten Economic Recovery
  • Competition
  • Exhibit 8: Commercial Laundry Machinery - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for 145 Players Worldwide in 2022 (E)
  • Commercial Laundry Machinery: Definition, Overview & Benefits
  • World Brands
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Changing Hotel Housekeeping Practices During Pandemic & in a Post-Pandemic World to Benefit Demand for Laundry Machines
  • Smart Laundry Equipment & Service Technologies Emerge Into the Spotlight
  • IoT Enabled Commercial Washing Machines Bring the Promise of Revolutionizing Machine Operation & Laundry Service Provision
  • Self-Service Laundry/ Laundromat/Coin-Operated Machines Grow in Popularity Fueled by the Pandemic's No Contact Norm
  • The Service Sector Welcomes the Era of Self-Service Convenience
  • Piggybacking on the Self-Service Trend, Laundromats/Coin Operated Laundry Machines Become Popular
  • Contact-Less Laundry Services Pick Up Pace Amidst the Covid-19 Pandemic
  • Cautious Recovery of the Travel, Hospitality/Hotel Industry in 2022 & Beyond Bodes Well for Market Growth
  • Hotels & Hospitality Industry is the Largest End-User of Laundry Machines
  • Hopes for Recovery, Although Volatile to Spur Growth in the Hotels/Hospitality End-Use Sector
  • Focus on Sustainability Brings Eco-Friendly & Energy Efficient Laundry Machines & Laundry Chemicals into the Spotlight
  • Sustainability Becomes More Important than Ever. Here's Why
  • Exhibit 9: The Time to Get Our Act Together & Move Towards a Circular Bioeconomy Has Come: Global CO2 Emissions (In Billion Metric Tons) for Years 1930, 1940, 1950, 1960, 1970, 1980, 1990, 2000, 2010, & 2020
  • Carbon Footprint of the Laundry Industry Comes Under the Scanner
  • How is the Laundry Industry Responding?
  • Spurred On by Rising Healthcare Burden, Hospitals Emerge into the Fastest Growing End-Use Sector
  • Exhibit 10: Rise in Sales of Hospital Beds in Parallel to Bed Expansion in Hospitals Worldwide Brings Good News for Hospital Laundry Services & Machines: Global Market for Hospital Beds (In US$ Million) for Years 2021, 2023, 2025 and 2027
  • AI Makes Its Mark in the Laundry Industry. Here's How
  • Multi-Housing Laundries Rise in Prominence
  • Technology Innovations Remain Crucial for Sustained Growth
  • Preventive Maintenance of Laundry Machines Storms Into the Spotlight
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Commercial Laundry Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Commercial Laundry Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Commercial Laundry Machinery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for Washers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Washers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for Washers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Commercial Dryers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Commercial Dryers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Commercial Dryers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for Presses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Presses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Presses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Dry Cleaning Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Dry Cleaning Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Dry Cleaning Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
  • Table 16: World Recent Past, Current & Future Analysis for Hotels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Hotels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Hotels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
  • Table 19: World Recent Past, Current & Future Analysis for Laundry Homes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 20: World Historic Review for Laundry Homes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 21: World 15-Year Perspective for Laundry Homes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
  • Table 22: World Recent Past, Current & Future Analysis for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 23: World Historic Review for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 24: World 15-Year Perspective for Hospitals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
  • Table 25: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 26: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 27: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Commercial Laundry Machinery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Market Analytics
CANADAJAPANCHINA
EUROPE
  • Commercial Laundry Machinery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Market Analytics
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEASIA-PACIFICLATIN AMERICAREST OF WORLD
IV. COMPETITION
  • Total Companies Profiled: 145

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Alliance Laundry Systems, LLC
  • BÖWE Textile Cleaning GmbH
  • CMV Sharper Finish, Inc.
  • Dexter Laundry
  • EDRO Corporation
  • Electrolux Professional AB
  • Forenta LP
  • Girbau S.A.
  • IFB Appliances
  • JLA Limited
  • Kannegiesser E-Tech, Inc.
  • Transform SR Brands LLC.
  • LG Electronics
  • Miele Inc.
  • Pellerin Milnor Corporation
  • Unipress Corporation
  • Whirlpool Corporation