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What Is The Predicted Market Size Of The Commercial Laundry Industry By 2029?

The size of the commercial laundry market has experienced consistent growth in the past few years. It’s projected to expand from $1.43 billion in 2024 to $1.49 billion in 2025, with a compound annual growth rate (CAGR) of 4.3%. The historical growth has been triggered by factors such as a higher demand for automated washing machines, industrialization boom, urbanization growth, escalating needs for commercial laundry services, enhancement of hygiene awareness and regulations, and increasing consumerism.

In the upcoming years, the commercial laundry market size is projected to experience continuous expansion, escalating to a valuation of $1.79 billion in 2029, with a compound annual growth rate (CAGR) of 4.7%. The augmentation in this period can be linked to factors such as a surge in the necessity for medical linens and uniforms, the emergence of fresh hotel chains, escalating global populace, increased tourism in countries, expansion in commercial infrastructure, and intensified demand across various sectors. Trending developments anticipated in this forecast period consist of the inception of innovative smart technologies, IoT integration, advances in technology, the adoption of artificial intelligence (AI)-powered solutions for stain removal, self-service kiosks, and advancements in automated garment sorting.

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What External And Internal Drivers Are Influencing The Commercial Laundry Market?

The surge in construction activities is anticipated to fuel the expansion of the commercial laundry market in the future. The growth in construction work, which includes the development of buildings, infrastructure, and other structures, is attributed to swift urbanization, infrastructure advancement, and a commitment to precision and productivity in construction undertakings. The construction sector leverages commercial laundry services to uphold sanitation, safety, and effectiveness, which in return helps in facilitating smoother and more productive construction procedures. To illustrate, in October 2023, a statement from North American Engineering and Construction Outlook released by FMI Construction, a construction service provider located in the US, revealed that engineering and construction expenditure in the U.S. escalated by 5% in comparison to 2022. Hence, the acceleration in construction activities will be a significant factor propelling the commercial laundry market’s growth.

How Does The Commercial Laundry Market Differ By Segment?

The commercial laundrymarket covered in this report is segmented –

1) By Type: Commercial Washer, Commercial Dryer, Commercial Dry Cleaning Equipment, Pressing Machines, Finishing Equipment, Other Types

2) By Distribution Channel: Hypermarkets And Supermarkets, Retail Stores, Online Stores, Other Distribution Channels

3) By Application: Hospitality, Healthcare, Educational Institutions, Industrial, Retail Laundry Services, Other Applications

Subsegments:

1) By Commercial Washer: Front-Load Washers, Top-Load Washers, Stackable Washers, High-Efficiency Washers, Washer Extractors

2) By Commercial Dryer: Tumble Dryers, Stackable Dryers, Gas Dryers, Electric Dryers, Heat Pump Dryers

3) By Commercial Dry Cleaning Equipment: Dry Cleaning Machines (Perchloroethylene, Hydrocarbon), Solvent Recovery Systems, Drying Tumblers For Dry Cleaning, Pressing Machines

4) By Pressing Machines: Flatwork Ironers, Steam Pressing Machines, Hydraulic Pressing Machines, Steam Finishing Presses

5) By Finishing Equipment: Folding Machines, Garment Steamers, Steam Boilers, Spotting Tables, Ironing Boards

6) By Other Types: Commercial Laundry Detergent Dispensers, Ozone Laundry Systems, Laundry Sorting Equipment, Laundry Conveyors

What New Opportunities Are Emerging From Trends In The Commercial Laundry Market?

In an effort to boost sustainability and diminish ecological harm, the main businesses in the commercial laundry industry are concentrating on creating innovative items such as plastic-free solutions. These solutions include environmentally friendly packaging, detergents free of harmful chemicals, and materials that decrease or eliminate the need for plastic. For example, in July 2022, Unilever, a quick-moving consumer goods firm based in the UK, launched a new and improved laundry capsule. Housed in a cardboard container that is entirely plastic-free, these capsules are set to avoid more than 6,000 tonnes of plastic waste per year, which is equivalent to the mass of 500 double-decker buses. The formula, which is biodegradable and 65% plant-based, is particularly suited for efficient cleaning in brief, cold cycles. Its restructured membrane dissolves more quickly than any other on the market and leaves no residual matter. The capsules also produce 16% less carbon and are capable of saving up to 60% energy when used in short, cold cycles.

Who Are The Most Influential Companies In The Commercial Laundry Market?

Major companies operating in the commercial laundry market are LG Corporation, Whirlpool Corporation, Miele & Cie. KG, Maytag Corporation, GE Appliances, Alliance Laundry Systems LLC, Electrolux Professional, Jensen-Group, Continental Girbau Inc., Dexter Laundry Inc., Pellerin Milnor Corporation, Fagor Industrial, American Dryer Corporation (ADC), G.A. Braun Inc., Lapauw International NV, Laundrylux Inc., B&C Technologies, Renzacci S.p.A., Firbimatic S.p.a., Yamamoto Manufacturing Co. Ltd., Danube International

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Which Region Is Leading Innovation In The Commercial Laundry Market?

North America was the largest region in the commercial laundry market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial laundry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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