Global Industrial Laundry Machine Market is valued at approximately USD 2.48 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2022-2029. Industrial laundry machines are specially designed machines for cleaning large quantities of clothing and fabric with minimal time and optimal operational resources. The machines offer a variety of services to end-users, including dry cleaning and laundry services on a rental or contract basis. Some of the equipment for laundry applications includes an industrial washer, dryer, cleaner, and extractor. In addition, there is a growing demand for efficient laundry machines in a variety of significant industry sectors, including the hospital industry, healthcare, food and beverage, automotive, and others (marine). The global market growth is primarily influenced by the factors such as surging demand for energy-efficient washers and industrial dryers, coupled with rising concerns for cleanliness and daily health.
The increasing introduction of advanced machines is exhibiting a positive influence on global market development. For instance, in February 2022, Girbau unveiled the introduction of an integrated ironing system Compact PRO. The machine is capable of doing five distinct tasks at a pace of 25 meters per minute. It also allows setting up 1, 2, or even 4 lanes at a time. Likewise, in February 2022, Kannegeiser launched an automated logistics and robotics program in order to transform the washing industry. The company exhibited Robofeed for autonomous dry work lines as well as eVue, a single control interface for industrial operations. Thereby, the rising emergence of the technologically developed industrial laundry machine is further supporting the growth of the market at a considerable rate. Moreover, rising investment in R&D activities, as well as the increasing automation growth and smart IoT capabilities are presenting various lucrative opportunities over the forecasting years. However, the high investment and maintenance costs and shortage of resources are hampering the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Industrial Laundry Machine Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the increasing health concerns and measures to minimize microbes or virus contact, along with the growing adoption of commercial washing solutions in commercial and industrial sectors. Whereas, North America is expected to grow with a significant CAGR during the forecast period, owing to factors such as rising technological advancements, as well as growth of the tourism and travel sector in the market space.
Major market players included in this report are:
MAG Laundry Equipment (U.K)
Laundrylux Inc (U.S.)
Herbert Kannegiesser GmbH (Germany)
Vega Systems Group (Netherlands)
Lavatec Laundry Technology GmbH (Germany)
Girbau Group (Spain)
Jensen Group (Belgium)
Ferrotec Holding Corporation (Japan)
Domus (Italy)
Pellerin Milnor Corporation (U.S.)
Recent Developments in the Market:
In October 2022, Domus, a provider of laundry solutions, unveiled its novel design of a totally connected laundry solution. The company is selling heat pumps and dryers ranging in size from 8 to 22 kg. These are all small devices that have 180-degree openings for simple operation and Internet of Things connectivity.
In February 2022, Domus, a South American provider of laundry solutions, displayed its newly constructed facility in Vic, Barcelona. The construction was concentrated as a laundry solutions for the hotel, healthcare, and self-service industries.
Global Industrial Laundry Machine Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
Industrial Washer
Industrial Dryer
Industrial Cleaner
Industrial Extractor
Others
By Application:
Hospitality
Healthcare
Food & Beverages
Automotive
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
