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Commercial Laundry Machines Market Share

Report ID: GMI11595
Published Date: Sep 2024
Report Format: PDF

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Commercial Laundry Machines Market Share

The market, with prominent players, such as LG Electronics, Electrolux AB, Samsung Electronics, Haier Group Corporation and Whirlpool Corporation, holds a market share of ~15-20%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.

Commercial Laundry Machines Market Companies

Major players operating in the market include:

BSH Hausgeräte GmbH
Electrolux AB
Fagor Professional
GE Appliances
Girbau Group
Girbau S.A.
Haier Group Corporation
JLA Ltd.
LG Electronics
Mag Laundry Equipment
Miele & Cie. KG
Pellerin Milnor Corporation
Samsung
Samsung Electronics
Whirlpool Corporation

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market was valued at USD 4.7 billion in 2023 and is projected to grow at a CAGR of 4.8% from 2024 to 2032. The growth is driven by the expanding hospitality and healthcare sectors, which require high-capacity, efficient laundry systems to manage extensive linens and uniforms.

Washers led the market with a revenue of USD 1.9 billion in 2023 and are projected to grow at a CAGR of 5.1% from 2024 to 2032. These machines are designed for rapid and efficient cleaning of large item quantities, making them ideal for settings like hotels, hospitals, and commercial laundries. Their larger size and ability to handle heavier loads enhance productivity and cost-effectiveness.

North America held a market share valued at approximately USD 1.6 billion in 2023 and is forecasted to grow at a CAGR of 4.8% from 2024 to 2032. The region's growth is fueled by technological advancements, stringent hygiene standards, and a focus on energy-efficient and smart laundry solutions.

Key companies in the market include BSH Hausgeräte GmbH, Electrolux AB, Fagor Professional, GE Appliances, Girbau Group, Girbau S.A., Haier Group Corporation, JLA Ltd., LG Electronics, Mag Laundry Equipment, Miele & Cie. KG, Pellerin Milnor Corporation, Samsung, Samsung Electronics, and Whirlpool Corporation.