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Commercial Laundry Machines Market Trends

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

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Commercial Laundry Machines Market Trends

Manufacturers are increasingly prioritizing energy-efficient commercial laundry machines that minimize water and electricity consumption. These eco-friendly machines not only help companies meet stringent environmental regulations but also lower operational costs, making sustainable laundry solutions highly attractive. Additionally, automated laundry machines with IoT capabilities are gaining popularity due to their ability to enable remote monitoring, predictive maintenance, and cycle optimization. This technology enhances efficiency, reduces downtime, and helps businesses streamline their operations, further driving demand for advanced, sustainable laundry systems.

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.