- Summary
- Table Of Content
- Methodology
Commercial Laundry Machines Market Size :
Commercial Laundry Machines Market size is estimated to reach over USD 4,694.62 Million by 2031 from a value of USD 3,071.28 Million in 2023, growing at a CAGR of 5.4% from 2024 to 2031.
Commercial Laundry Machines Market Scope & Overview:
Commercial laundry machines refer to washing machines that are designed for large loads, constant usage, and built with higher quality components, tolerances, and features. Moreover, they offer several benefits including faster cycle times, improved efficiency and productivity, and reduced energy consumption among others. Additionally, they are usually composed of higher-grade pumps, motors, and heating elements, which make them ideal for utilization in a range of commercial applications including healthcare facilities, hotels, restaurants, laundry stores, and others.
Global Commercial Laundry Machines Market Insights :
Commercial Laundry Machines Market Dynamics - (DRO) :
Key Drivers :
Rising utilization of commercial laundry machines in the hospitality industry is driving market growth
The hospitality sector comprising hotels, restaurants, and others is one of the primary users of laundry machines. These machines are often installed in hotels to meet the rising demand for high-volume laundry operations from visitors staying in hotels for a specific duration of time. Similarly, as per the analysis, these laundry machines are often used in restaurants for cleaning cloth napkins, kitchen towels, aprons, tablecloths, uniforms, and other related items. Moreover, their utilization offers a range of benefits including customizable wash settings, improved sanitation, higher water and energy savings, and high durability among others, which makes it ideal for application in the hospitality sector.
Factors including rising travel trends, increasing expansion of hotel and restaurant chains, and growing popularity of outdoor dining are key determinants for driving the growth of the hospitality industry.
For instance, in January 2023, Hyatt Hotels Corporation launched its new hotel SCHLOSS Roxburghe, a part of the Destination by Hyatt brand in the United Kingdom. The new hotel consists of 78 rooms, and 12 luxury cottages and offers a range of amenities including a fitness center, spa, and others. Additionally, the United States comprises approximately 101,811 chain restaurants with over 1 million restaurant locations across the country as of 2021.
Hence, based on the analysis, the growing hospitality sector is driving the market demand for these laundry machines to meet the rising demand for high-volume laundry operations, in turn proliferating the commercial laundry machines market growth.
Expansion of healthcare facilities is spurring the market
Commercial laundry machines are often used in healthcare facilities including hospitals, clinics, and others for cleaning surgical gowns, towels, and other items that may have become contaminated during a procedure. These laundry machines are also used for cleaning and sanitizing bedding, linen, patient gowns, and other related items used in hospitals to ensure optimal cleanliness and sanitization. Moreover, the use of these laundry machines in healthcare facilities provides several benefits including reduced risk of allergens and infections, improved hygiene and cleanliness, reduced risk of cross-contamination, and improved patient care among others.
As per the analysis of market trends, factors including the rising healthcare expenditure, increasing number of patient admissions in hospitals, and rise in hospital construction activities are crucial aspects fostering the adoption of these laundry machines.
For instance, in March 2022, Cleveland Clinic inaugurated its new Cleveland Clinic London Hospital in the United Kingdom. The hospital is equipped with a full range of medical and comprehensive services including equipment for imaging, interventional radiology, and others.
Additionally, in October 2023, Aster DM Healthcare launched its new 506-bed Aster Whitefield Hospital in Bangalore, India. The hospital specializes in a range of medical fields including oncology, neurosciences, cardiac sciences, integrated gastroenterology, multi-organ transplantation, urology & nephrology, and others.
Thus, the rising development of healthcare facilities is fostering the adoption of these laundry machines for cleaning and sanitizing bedding, surgical gowns, patient gowns, and other items used in healthcare facilities to ensure optimal cleanliness and sanitization, thereby, driving the commercial laundry machines market demand.
Key Restraints :
High cost of commercial laundry machines is restraining the market
The deployment of these laundry machines is usually associated with high cost, which is a primary factor limiting the market.
For instance, Whirlpool Corporation is a manufacturer of these laundry machines that offers a range of front-load and top-load laundry machines with average prices ranging from USD 1,600 to USD 3,300 per unit, depending on the specification and capacity of the equipment.
Additionally, Miele & Cie. KG offers several types of commercial washing machines ranging from USD 1,400 to USD 5,000 per set based on their specifications, which is relatively very high.
Therefore, the high cost associated with laundry machines is constricting the commercial laundry machines market trends.
Future Opportunities :
Increasing innovations associated with commercial laundry machines are expected to promote potential opportunities for the market
The increasing innovations associated with these laundry machines are anticipated to present potential commercial laundry machines market opportunities. Manufacturers are constantly investing in the development of new technologies and laundry machines integrated with new features to ensure their efficient utilization in commercial applications. Hence, as per the analysis, laundry machine companies are launching new products with updated features and advancements.
For instance, in May 2022, Samsung launched a new range of fully automatic front-load washing machines, AI EcoBubble. The new washing machine range is integrated with artificial intelligence and features AI Wash for an effortless laundry experience and larger capacity models up to 12 kilograms. AI Wash utilizes sensors for sensing the laundry's weight and level of soiling while optimizing the amount of detergent, water, and rinsing time using machine learning techniques.
Additionally, in January 2021, LG Electronics its new ThinQ front-load washing machine that utilizes artificial intelligence for delivering precision washing for optimum results. The LG washing machine features an artificially intelligent direct drive motor that offers enhanced efficiency. Thus, the increasing innovations associated with these laundry machines are projected to promote commercial laundry machine market opportunities in the market in the upcoming years.
Commercial Laundry Machines Market Report Insights :
| Report Attributes | Report Details |
| Study Timeline | 2018-2031 |
| Market Size in 2031 (USD Million) | USD 4,694.62 Million |
| CAGR (2024-2031) | 5.4% |
| By Product Type | Semi-automatic Laundry Machines and Fully-automatic Laundry Machines |
| By Sales Channel | Online and Offline |
| By Application | Healthcare Facilities, Hotels, Restaurants, Laundry Stores, and Others |
| By Region | Asia-Pacific, Europe, North America, Latin America, Middle East & Africa |
| Key Players | Alliance Laundry Systems LLC, Whirlpool Corporation, Electrolux AB, Miele & Cie. KG, LG Electronics, Girbau S.A., Fagor Professional, Pellerin Milnor Corporation, Samsung, GE Appliances, Mag Laundry Equipment |
| Geographies Covered | |
| North America | U.S. Canada Mexico |
| Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
| APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
| Middle East and Africa | GCC Turkey South Africa Rest of MEA |
| LATAM | Brazil Argentina Chile Rest of LATAM |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Restraint or Challenges, Opportunities, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, Cost Analysis, and Regional Trends & Forecast |
Commercial Laundry Machines Market Segmental Analysis :
By Product Type :
Based on the product type, the market is bifurcated into semi-automatic and fully automatic. The fully automatic segment accounted for the largest commercial laundry machines market share in the year 2023. Fully automatic is integrated with several programs and washing modes that perform the desired functions automatically by pressing the required buttons while eliminating the need for any manual task. Moreover, based on the segmental trends analysis, the utilization of fully automatic laundry machines offers a range of benefits including improved water and energy efficiency, increased convenience and productivity, improved washing performance, and availability of several additional convenience features among others. The aforementioned benefits of fully automatic laundry machines are key determinants for driving their utilization in healthcare facilities, hotels, and other commercial applications.
For instance, Mag Laundry Equipment is a manufacturer of laundry machines that offers the Primer series of automatic commercial washing machines in its product portfolio. The Primer series of commercial washing machines are equipped with 8 signals for automatic liquid dosing, programmable in time, and delay. Thus, the rising advancement associated with automatic laundry machines is among the prime factors driving the segment.
The semi-automatic laundry machine segment is anticipated to register a significant CAGR during the forecast period. Semi-automatic laundry machines are integrated with two tubs for washing and drying respectively, and typically require manual transfer of wet clothes to the dryer. Moreover, their utilization offers various benefits including a short duration wash cycle, less water consumption, and relatively lower cost in comparison to fully-automatic laundry machines.
For instance, Whirlpool Corporation is a manufacturer of laundry machines that provides a broad range of semi-automatic laundry machines with multiple weight capacities in its product portfolio. Therefore, the increasing innovations related to semi-automatic laundry machines are anticipated to boost the development of the segment during the forecast period.
By Sales Channel :
Based on the sales channel, the market is bifurcated into online and offline. The offline segment accounted for the largest revenue share in the year 2023 of the global commercial laundry machines market share. Offline sales channel involves the indirect distribution of laundry machines from manufacturers to the end-users through offline distributors including specialist stores, and retail outlets among others. Moreover, the development of the offline segment is driven by numerous factors including ease of customization as per the target market, higher credibility, and strong customer base among others.
For instance, in April 2023, Samsung, a manufacturer of laundry machines, announced the launch of offline retail stores in multiple cities across India including Delhi, Bengaluru, Mumbai, Kolkata, Chennai, Hyderabad, Pune, Ahmedabad, and Chandigarh. Therefore, the rising development of offline retail outlets for the distribution of laundry machines is a prime factor driving the development of the market.
Online is expected to witness the fastest CAGR during the forecast period. Online sales channel provides a distribution mode in which the manufacturers sell products through the company websites or any other third-party e-commerce websites that are available on the internet. Online sales channels offer several benefits such as easy access to several products, faster buying process, higher flexibility, and quicker comparison of multiple products and prices among others. The above benefits of online sales channels are vital aspects for fostering its utilization for the distribution of laundry machines.
For instance, Electrolux AB is among the few commercial laundry machine manufacturers that provide a range of laundry machines for online purchase through the company website along with multiple e-commerce websites including eBay, Amazon, and others. Hence, the analysis of segment trends shows that the rising availability of laundry machines in online sales channels is projected to drive the market during the forecast period.
By Application :
Based on the application, the market is segregated into healthcare facilities, hotels, restaurants, laundry stores, and others. The healthcare facilities segment accounted for the largest revenue share of 37.48% in the year 2023. Factors including the trend in healthcare expenditure, rising hospital construction activities, and increasing number of patient admissions in hospitals are vital aspects proliferating the healthcare facilities segment.
For instance, the UPMC Hillman Cancer Centre located in Sicily, Italy commenced operations in May 2022. The recently completed healthcare facility enables healthcare professionals to provide medical oncology services that supplement the hospital's surgical capabilities, along with a specific focus on cardiothoracic and gastrointestinal cancers. These machines are primarily used in healthcare facilities for cleaning and sanitizing bedding, surgical gowns, patient gowns, and other items used in healthcare facilities to ensure optimum cleanliness and sanitization. Thus, the increasing developments associated with healthcare facilities are driving the utilization of these laundry machines, in turn boosting the market.
The hotel segment is expected to witness the fastest CAGR during the forecast period. The development of the hotel segment is driven by multiple factors including rising travel trends, increasing expansion of hotel and restaurant chains, and growing popularity of outdoor leisure activities among others.
For instance, Alliance Laundry System LLC is a commercial laundry machine manufacturer that offers the Speed Queen series of laundry machines for deployment in multinational hotel chains and other commercial applications. Additionally, Girbau S.A. offers a range of these laundry machines for utilization in hotels to deliver superior in-house hotel laundry service. Hence, the increasing development of commercial laundry machines for utilization in hotels is projected to drive the market during the forecast period.
By Region :
The regional segment includes North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Asia-Pacific accounted for the revenue share of USD 782.77 Million in 2023 and is expected to reach USD 1,230.93 Million by 2031, registering a CAGR of 5.8% during the forecast period. In addition, in the region, China accounted for the maximum revenue share of 31.7% in the same year. Based on the commercial laundry machines market analysis, the rising pace of urbanization, increasing development of hotels, and expansion of restaurants are significant factors boosting the market in the Asia-Pacific region.
For instance, in October 2023, Accor, a hospitality company, announced its plan to launch 30 new hotels across India over the next three to five years, as a part of the company's expansion strategy. The expansion aims at capitalizing on the vast growth potential in the Indian hospitality sector. Therefore, the rising expansion of hotels is projected to drive the adoption of these laundry machines for delivering superior in-house hotel laundry service, thereby, proliferating the commercial laundry machines market growth and trends in the Asia-Pacific region during the forecast period.
North America is expected to witness a CAGR of 5.6% during the forecast period. The commercial laundry machines market trends for laundry machines in the North American region are mostly driven by several factors including the rising development of healthcare facilities, the prevalence of commercial laundry stores, and the growing hospitality sector among others.
For instance, according to the American Hospital Association, the United States comprises 6,129 hospitals as of 2023, among which 5,157 are community hospitals. The laundry machines are primarily used in hospitals for cleaning and sanitizing surgical gowns, bedding, patient gowns, and other items used in hospitals to ensure improved safety, cleanliness, and sanitization. Hence, the rising expansion of healthcare facilities is driving the commercial laundry machines market demand, in turn boosting the market growth in North America. Additionally, rising investments in the expansion of hotel and restaurant outlets are anticipated to drive the market growth and trend in North America during the forecast period.
Moreover, the increasing expansion of banking firms has been a prevalent factor for market growth in the region.
Top Key Players & Market Share Insights :
The global commercial laundry machines market is highly competitive with major players providing commercial laundry machines industry to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and application launches to hold a strong position in the commercial laundry machines market. Key players in the commercial laundry machines market include-
- Alliance Laundry Systems LLC
- Whirlpool Corporation
- Miele & Cie. KG
- LG Electronics
- Girbau S.A.
- Electrolux AB
- Fagor Professional
- Pellerin Milnor Corporation
- Samsung
- GE Appliances
- Mag Laundry Equipment
Recent Industry Developments :
- In April 2023, Alliance Laundry Systems acquired the distribution assets of Taylor Houseman based in Pittsburgh, California. Taylor Houseman provides commercial laundry solutions in Northern California, United States. The acquisition aims to strengthen the company's capacity to provide exceptional services in the California market.
Key Questions Answered in the Report
What is commercial laundry machines? +
Commercial laundry machines refer to washing machines that are designed for large loads, constant usage, and built with higher quality components, tolerances, and features.
What specific segmentation details are covered in the commercial laundry machines report, and how is the dominating segment impacting the market growth? +
For instance, by product type segment has witnessed fully-automatic laundry machines as the dominating segment in the year 2023, owing to the increasing adoption of fully-automatic laundry machines in healthcare facilities, hotels, and other commercial applications.
What specific segmentation details are covered in the commercial laundry machines market report, and how is the fastest segment anticipated to impact the market growth? +
For instance, by application segment has witnessed hotels as the fastest-growing segment during the forecast period due to increasing adoption of commercial laundry machines in hotels for delivering superior in-house hotel laundry service.
Which region/country is anticipated to witness the highest CAGR during the forecast period, 2024-2031? +
Asia-Pacific is anticipated to register fastest CAGR growth during the forecast period due to rising pace of urbanization, increasing development of hotels, and expansion of restaurant outlets among others.
