REPORT SCOPE & OVERVIEW
The Industrial Laundry Machine Market size was USD 2.62 billion in 2022 and is expected to Reach USD 3.9 billion by 2030 and grow at a CAGR of 5.4% over the forecast period of 2023-2030.
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.
The growing hotel industry is increasing demand for commercial cleaning equipment.
Increasing your disposable income
Increasing household washing machine usage
A large water footprint and mounting environmental issues
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.
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 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 RUSSIAN-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.
KEY MARKET SEGMENTS
Others (Garment Finishing, Ironing)
Food & Beverages
Rest of Eastern Europe
Rest of Western Europe
Rest of Asia Pacific
Middle East & Africa
Rest of the Middle East
Rest of Africa
Rest of Latin America
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.
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.
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.
|Market Size in 2022||US$ 2.62 Bn|
|Market Size by 2030||US$ 3.9Bn|
|CAGR||CAGR of 3.9% From 2023 to 2030|
|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
The Compound Annual Growth rate for Industrial Laundry Machine Market over the forecast period is 5.4%.
USD 3.9 Billion is the projected Industrial Laundry Machine Market size of the Company 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.
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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.2 Impact on major economies
188.8.131.52 United Kingdom
184.108.40.206 South Korea
220.127.116.11 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
9.3 Food & Beverages
10. Regional Analysis
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
10.2.4.1 USA Industrial Laundry Machine Market by Type
10.2.4.2 USA Industrial Laundry Machine Market by Application
10.2.5.1 Canada Industrial Laundry Machine Market by Type
10.2.5.2 Canada Industrial Laundry Machine Market by Application
10.2.6.1 Mexico Industrial Laundry Machine Market by Type
10.2.6.2 Mexico Industrial Laundry Machine Market by Application
10.3.1 Europe Industrial Laundry Machine Market by Country
18.104.22.168 Europe Industrial Laundry Machine Market by Type
10.3.3 Europe Industrial Laundry Machine Market by Application
10.3.4.1 Germany Industrial Laundry Machine Market by Type
10.3.4.2 Germany Industrial Laundry Machine Market by Application
10.3.5.1 UK Industrial Laundry Machine Market by Type
10.3.5.2 UK Industrial Laundry Machine Market by Application
10.3.6.1 France Industrial Laundry Machine Market by Type
10.3.6.2 France Industrial Laundry Machine Market by Application
10.3.7.1 Italy Industrial Laundry Machine Market by Type
10.3.7.2 Italy Industrial Laundry Machine Market by Application
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
10.4.1 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
10.4.4.1 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
10.4.6.1 China Industrial Laundry Machine Market by Type
10.4.6.2. China Industrial Laundry Machine Market by Application
10.4.7.1 India Industrial Laundry Machine Market by Type
10.4.7.2. India Industrial Laundry Machine Market by Application
10.4.8.1 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
10.5.7.1 Israel Industrial Laundry Machine Market by Type
10.5.7.2 Israel Industrial Laundry Machine Market by Application
10.5.5.1 UAE Industrial Laundry Machine Market by Type
10.5.5.2 UAE Industrial Laundry Machine Market by Application
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
10.6.4.1 Brazil Industrial Laundry Machine Market by Type
10.6.4.2 Brazil Industrial Laundry Machine Market by Application
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
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Laundrylux Inc
11.2.1 Market Overview
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 Herbert Kannegiesser GmbH
11.3.1 Market Overview
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Vega Systems Group
11.4.1 Market Overview
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Lavatec Laundry Technology GmbH
11.5.1 Market Overview
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 Girbau Group
11.6.1 Market Overview
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Jensen Group
11.7.1 Market Overview
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Ferrotec Holding Corporation
11.8.1 Market Overview
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9.1 Market Overview
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Pellerin Milnor Corporation
11.10.1 Market Overview
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
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