To get more information on Industrial Laundry Machine Market - Request Free Sample Report
The Industrial Laundry Machine Market size was USD 2.65 billion in 2023 and is expected to Reach USD 4.04 billion by 2031 and grow at a CAGR of 5.44% over the forecast period of 2024-2031.
Laundry machines are developed and built to clean large volumes of clothing and fabric in a short period of time with little operational resources. End users can rent or lease the machines for a variety of services, such as dry cleaning and washing. Some laundry equipment includes an industrial washer, an industrial dryer, an industrial cleaner, and an industrial extractor. Furthermore, the increasing use of work wear, clean linen, and uniforms in significant business sectors such as the medical industry, healthcare, food and beverage, automotive, and other (marine) industries has developed a market need for effective washing machines.
Consumers are looking for features such as accurate tracking, process automation, and information management in industrial laundries as their daily textile washing and drying operations increase. RFID tagging and robots are two technological developments in washing machines that are increasing market demand for laundry equipment. However, rising power prices and the depletion of resources such as water and treatment chemicals are stifling industry expansion.
The primary drivers driving market expansion are trends and advances in the laundry industry, which enable cost reduction with little consumer environmental degradation, forcing manufacturers to offer technologically superior industrial laundry systems. Kannegiesser, a prominent laundry producer, for example, offers distinct and high-processing technologies such as washer extractor technology with sophisticated measurement and sensing technology.
MARKET DYNAMICS
KEY DRIVERS
The growing hotel industry is increasing demand for commercial cleaning equipment.
Increasing your disposable income
RESTRAIN
Increasing household washing machine usage
A large water footprint and mounting environmental issues
OPPORTUNITY
As older laundry machines become less efficient and ecologically friendly, there is a market opportunity to replace them with newer, more energy-efficient versions.
As businesses such as hospitality and healthcare expand, emerging markets in developing nations provide development prospects.
CHALLENGES
Regulatory Compliance Adherence to environmental rules and standards, particularly those pertaining to water and energy efficiency, can pose compliance and certification issues for manufacturers.
Disruptions in the Supply Chain and Global supply chain interruptions, such as those seen during the COVID-19 epidemic, can have an impact on the availability of components and materials used in the production of industrial washing machines.
IMPACT OF RUSSIA-UKRAINE WAR
Uncertainty in the Economy Currency swings and economic instability in the region might result from geopolitical conflicts. This may have an impact on the cost of imported components, resulting in price rises for commercial washing machines. Any escalation of the war or severe interruptions in commerce might have far-reaching consequences for the global economy. A weakening global economy may result in fewer investments in businesses that rely on industrial washing machines, such as hospitality and healthcare.
Trade restrictions or sanctions placed on Russia or Ukraine may have an impact on the import and export of industrial washing machines and their components. This has the potential to disrupt existing supply networks and have an influence on market competitiveness.
IMPACT OF ONGOING RECESSION
Almost every hour of the day, news sources and federal policymakers discuss not just 8%-plus annual inflation but also the growing likelihood of an economic recession as the Federal Reserve Board raises interest rates in a bid to cool rising prices. An upcoming article in Textile Services magazine will provide operators and supply partners with information on how to combat growing prices as well as the widely anticipated 'economic slowdown that might strike in the near term. Among the potential answers to both inflationary and recessionary concerns is increasing your consumer base It bears repeating: the importance of increasing the number of clients in a linen, uniform, and facility services company cannot be stressed enough. After all, the unexpected loss of a significant client or contract business may have an impact on even the most financially solid commercial laundry.
By Type
Industrial Washer
Industrial Dryer
Industrial Cleaner
Industrial Extractor
Others (Garment Finishing, Ironing)
By Application
Hospitality
Healthcare
Food & Beverages
Automotive
Others
Region Coverage
North America
USA
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
REGIONAL ANALYSIS
According to our results, the North American area will see significant growth in the next few years as a result of features such as message updates and Al integration for market acceptance and growth in this region. Furthermore, customers want more sophisticated solutions that provide real-time updates on the whole washing process. Such factors increase the demand for laundry equipment in North America.
The European market is developing at a reasonable rate, owing to increased demand for energy-efficient washers and industrial dryers with characteristics such as lowering operational expenses and boosting cost savings, which forces manufacturers to introduce these systems. Such elements fuel the expansion of the European market.
Because of the region's water constraints, the Middle East and Africa are increasing at a relatively slow pace. A post-pandemic increase in the tourist and travel industries, as well as urban life, has increased the number of wash cycles in the industrial laundry sector.
Need any customization research on Industrial Laundry Machine Market - Enquiry Now
The major key players are MAG Laundry Equipment, Laundrylux Inc, Herbert Kannegiesser GmbH, Vega Systems Group, Lavatec Laundry Technology GmbH, Girbau Group, Jensen Group, Ferrotec Holding Corporation, Domus, Pellerin Milnor Corporation and others.
RECENT DEVELOPMENTS
Domus: In October 2022, Domus, a laundry solution provider, introduced its newly patented comprehensive connected laundry system, with the firm now offering heat pumps and dryers ranging in size from 8–10 kg to 22 kg. These are small devices with 180-degree doors for ease of use, and they are all linked through LoT.
Domus: In February 2022, Domus, a South American washing solution supplier, displayed its freshly designed facility in Vic, Barcelona. The growth was concentrated in washing solutions for hospitality, health care, and the self-service industry.
Girbau: In February 2022, Girbau introduced the Compact PRO integrated ironing system. The machine can perform five distinct duties in a single unit at a pace of 25 meters per minute. It also allows you to build up one, two, or even four lanes at once.
| Report Attributes | Details |
| Market Size in 2023 | US$ 2.65 Bn |
| Market Size by 2031 | US$ 4.04 Bn |
| CAGR | CAGR of 5.44% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Industrial Washer, Industrial Dryer, Industrial Cleaner, Industrial Extractor, Others (Garment Finishing, Ironing) • By Application (Hospitality, Healthcare, Food & Beverages, Automotive, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | MAG Laundry Equipment, Laundrylux Inc, Herbert Kannegiesser GmbH, Vega Systems Group, Lavatec Laundry Technology GmbH, Girbau Group, Jensen Group, Ferrotec Holding Corporation, Domus, Pellerin Milnor Corporation |
| Key Drivers | • The growing hotel industry is increasing demand for commercial cleaning equipment. • Increasing your disposable income |
| Market Restrain | • Increasing household washing machine usage • A large water footprint and mounting environmental issues |
Ans: The Industrial Laundry Machine Market is growing at a CAGR of 5.4% From 2023 to 2030.
Ans: The Industrial Laundry Machine Market size is projected to reach USD 3.9 Billion by 2030
Rising power costs and dwindling operating resources are limiting market expansion.
During the projection period, the industrial washer segment is predicted to be the dominant sector within the type segment.
Ans: The market's leading companies include MAG Laundry Equipment, Laundrylux Inc., Herbert Kannegiesser GmbH, Vega Systems Group, Lavatec Laundry Technology GmbH, and Girbau Group.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Industrial Laundry Machine Market, By Type
8.1 Industrial Washer
8.2 Industrial Dryer
8.3 Industrial Cleaner
8.4 Industrial Extractor
8.5 Others (Garment Finishing, Ironing)
9. Industrial Laundry Machine Market, By Application
9.1 Hospitality
9.2 Healthcare
9.3 Food & Beverages
9.4 Automotive
9.5 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Industrial Laundry Machine Market by Country
10.2.2North America Industrial Laundry Machine Market by Type
10.2.3 North America Industrial Laundry Machine Market by Application
10.2.4 USA
10.2.4.1 USA Industrial Laundry Machine Market by Type
10.2.4.2 USA Industrial Laundry Machine Market by Application
10.2.5 Canada
10.2.5.1 Canada Industrial Laundry Machine Market by Type
10.2.5.2 Canada Industrial Laundry Machine Market by Application
10.2.6 Mexico
10.2.6.1 Mexico Industrial Laundry Machine Market by Type
10.2.6.2 Mexico Industrial Laundry Machine Market by Application
10.3 Europe
10.3.1 Europe Industrial Laundry Machine Market by Country
1.3.3.2 Europe Industrial Laundry Machine Market by Type
10.3.3 Europe Industrial Laundry Machine Market by Application
10.3.4Germany
10.3.4.1 Germany Industrial Laundry Machine Market by Type
10.3.4.2 Germany Industrial Laundry Machine Market by Application
10.3.5 UK
10.3.5.1 UK Industrial Laundry Machine Market by Type
10.3.5.2 UK Industrial Laundry Machine Market by Application
10.3.6 France
10.3.6.1 France Industrial Laundry Machine Market by Type
10.3.6.2 France Industrial Laundry Machine Market by Application
10.3.7 Italy
10.3.7.1 Italy Industrial Laundry Machine Market by Type
10.3.7.2 Italy Industrial Laundry Machine Market by Application
10.3.8 Spain
10.3.8.1 Spain Industrial Laundry Machine Market by Type
10.3.8.2 Spain Industrial Laundry Machine Market by Application
10.3.9 The Netherlands
10.3.9.1 Netherlands Industrial Laundry Machine Market by Type
10.3.9.2 Netherlands Industrial Laundry Machine Market by Application
10.3.10 Rest of Europe
10.3.10.1 Rest of Europe Industrial Laundry Machine Market by Type
10.3.10.2 Rest of Europe Industrial Laundry Machine Market by Application
10.4 Asia-Pacific
10.4.1 Asia Pacific Industrial Laundry Machine Market by Country
10.4.2Asia Pacific Industrial Laundry Machine Market by Type
10.4.3 Asia Pacific Industrial Laundry Machine Market by Application
10.4.4 Japan
10.4.4.1 Japan Industrial Laundry Machine Market by Type
10.4.4. 2Japan Industrial Laundry Machine Market by Application
10.4.5. South Korea
10.4.5.1 South Korea Industrial Laundry Machine Market by Type
10.4.5.2. South Korea Industrial Laundry Machine Market by Application
10.4.6 China
10.4.6.1 China Industrial Laundry Machine Market by Type
10.4.6.2. China Industrial Laundry Machine Market by Application
10.4.7 India
10.4.7.1 India Industrial Laundry Machine Market by Type
10.4.7.2. India Industrial Laundry Machine Market by Application
10.4.8 Australia
10.4.8.1 Australia Industrial Laundry Machine Market by Type
10.4.8.2. Australia Industrial Laundry Machine Market by Application
10.4.9 Rest of Asia-Pacific
10.4.9.1 APAC Industrial Laundry Machine Market by Type
10.4.9.2. APAC Industrial Laundry Machine Market by Application
10.5 The Middle East & Africa
10.5.1 The Middle East & Africa Industrial Laundry Machine Market by Country
10.5.2 The Middle East & Africa Industrial Laundry Machine Market by Type
10.5.3The Middle East & Africa Industrial Laundry Machine Market by Application
10.5.4 Israel
10.5.7.1 Israel Industrial Laundry Machine Market by Type
10.5.7.2 Israel Industrial Laundry Machine Market by Application
10.5.5 UAE
10.5.5.1 UAE Industrial Laundry Machine Market by Type
10.5.5.2 UAE Industrial Laundry Machine Market by Application
10.5.6South Africa
10.5.6.1 South Africa Industrial Laundry Machine Market by Type
10.5.6.2 South Africa Industrial Laundry Machine Market by Application
10.5.7 Rest of Middle East & Africa
10.5.7.1 Rest of Middle East & Asia Industrial Laundry Machine Market by Type
10.5.7.2 Rest of Middle East & Asia Industrial Laundry Machine Market by Application
10.6 Latin America
10.6.1. Latin America Industrial Laundry Machine Market by Country
10.6.2. Latin America Industrial Laundry Machine Market by Type
10.6.3 Latin America Industrial Laundry Machine Market by Application
10.6.4 Brazil
10.6.4.1 Brazil Industrial Laundry Machine Market by Type
10.6.4.2 Brazil Industrial Laundry Machine Market by Application
10.6.5Argentina
10.6.5.1 Argentina Industrial Laundry Machine Market by Type
10.6.5.2 Argentina Industrial Laundry Machine Market by Application
10.6.6 Rest of Latin America
10.6.6.1 Rest of Latin America Industrial Laundry Machine Market by Type
10.6.6.2 Rest of Latin America Industrial Laundry Machine Market by Application
11. Company Profile
11.1 MAG Laundry Equipment
11.1.1 Market Overview
11.1.2 Financials
11.1.3 Product/Services/Offerings
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Laundrylux Inc
11.2.1 Market Overview
11.2.2 Financials
11.2.3 Product/Services/Offerings
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 Herbert Kannegiesser GmbH
11.3.1 Market Overview
11.3.2 Financials
11.3.3 Product/Services/Offerings
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Vega Systems Group
11.4.1 Market Overview
11.4.2 Financials
11.4.3 Product/Services/Offerings
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Lavatec Laundry Technology GmbH
11.5.1 Market Overview
11.5.2 Financials
11.5.3 Product/Services/Offerings
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 Girbau Group
11.6.1 Market Overview
11.6.2 Financials
11.6.3 Product/Services/Offerings
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Jensen Group
11.7.1 Market Overview
11.7.2 Financials
11.7.3 Product/Services/Offerings
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Ferrotec Holding Corporation
11.8.1 Market Overview
11.8.2 Financials
11.8.3 Product/Services/Offerings
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Domus
11.9.1 Market Overview
11.9.2 Financials
11.9.3 Product/Services/Offerings
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Pellerin Milnor Corporation
11.10.1 Market Overview
11.10.2 Financials
11.10.3 Product/Services/Offerings
11.10.4 SWOT Analysis
11.10.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
13. USE Cases and Best Practices
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Elevators Market Size was esteemed at USD 65.24 billion in 2023 and is supposed to arrive at USD 111.49 billion by 2032 and develop at a CAGR of 6.10% over the forecast period 2024-2032.
The Plant Genotyping Equipment Market was valued at USD 751.85 Million in 2023, and it is expected to reach USD 1662.43 Million by 2032, registering a CAGR of 9.22% from 2024 to 2032.
The Gas Detection Equipment Market size was valued at USD 5.19 Bn in 2023 and is expected to reach USD 11.8 Bn by 2031 and grow at a CAGR of 10.85% over the forecast period 2024-2031.
The Aluminum Die Casting Machines Market Size was esteemed at USD 1.162 Billion in 2023 and is supposed to arrive at USD 1.947 Billion by 2032 with a growing CAGR of 5.9% over the forecast period 2024-2032.
The Conveyer Systems Market size was valued at USD 7.97 Billion in 2023 & will grow to USD 10.80 Billion by 2031, with CAGR of 3.44% by 2024-2031.
The Hydraulic Equipment Market Size was valued at USD 49.34 Billion in 2023 and is now anticipated to grow to USD 114.4 Billion by 2032, displaying a compound annual growth rate (CAGR) of 9.8% during the forecast Period 2024-2032.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
