Insights on the Commercial Laundry Machinery Global Market to 2030: Self-Service Laundry/ Laundromat/Coin-Operated Machines Grow in Popularity Fueled by the Pandemic's No Contact Norm

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Global Market for Commercial Laundry Machinery

Global Market for Commercial Laundry Machinery

Dublin, March 02, 2023 (GLOBE NEWSWIRE) -- The "Commercial Laundry Machinery: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Commercial Laundry Machinery estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$7.9 Billion by 2030, growing at a CAGR of 7.3% over the analysis period 2022-2030.

Washers, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$3.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Commercial Dryers segment is readjusted to a revised 7.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 9.6% CAGR

The Commercial Laundry Machinery market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$918.4 Million by the year 2030 trailing a CAGR of 9.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.5% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR.

Select Competitors (Total 145 Featured) -

• Alliance Laundry Systems, LLC

• BOWE Textile Cleaning GmbH

• CMV Sharper Finish, Inc.

• Dexter Laundry

• EDRO Corporation

• Electrolux Professional AB

• Forenta LP

• Girbau S.A.

• IFB Appliances

• JLA Limited

• Kannegiesser E-Tech, Inc.

• Transform SR Brands LLC.

• LG Electronics

• Miele Inc.

• Pellerin Milnor Corporation

• Unipress Corporation

• Whirlpool Corporation

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Report Metrics:

Report Attribute	Details
No. of Pages	521
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$4.5 Billion
Forecasted Market Value (USD) by 2030	$7.9 Billion
Compound Annual Growth Rate	7.3%
Regions Covered	Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Laundry: A Quickly Evolving Household Task That Has Become a Billion Dollar Industry

• Growing Global Opportunity for Laundry Services Creates a Parallel Market For Laundry Machines: Global Demand for Dry-Cleaning and Laundry Services (In US$ Million) for Years 2021, 2023 and 2025

• What's the Prognosis on the Pandemic? Here's What Everyone Should Know About the Dynamics of the Ongoing Multiwave Pandemic & Its Impact on the Economy

• After Omicron, Comes Stealth Omicron & Deltacron Fueling Fresh Waves of Infections Across the Globe

• With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking Amid Waning Vaccine Immunity. But How Practical Is It to Implement Them?

• With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries: Number of Booster Doses Administered Per 100 People by Country as of March 2022

• At the Dawn of 2022 After Numerous New Strains & Millions of Deaths, Challenges in Vaccine Production, Supply, Access & Technology Sharing Continue to Remain

• How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country

• Split Scenarios Unfold: The Great Vaccine Divide Emerges

• With Low Vaccination Rates in Africa Emerging Into a Global Security Issue, Vaccine Imbalances Will Stretch the Pandemic Further into 2022: Global Percentage (%) of Population Administered With Vaccines by Region as of March 2022

• The Great Vaccine Controversy & Growing Anti-Vaccination Movement Aggravates the Divide Between the Vaccinated & the Unvaccinated

• Top Reasons for Unwillingness & Uncertainty Towards COVID-19 Vaccines Among the By-Choice Unvaccinated People: % Share of Various Reasons as of the Year 2022

• The Verdict's Out - The Pandemic Cannot Be Ended But Can be Maneuvered to Become Endemic and More Manageable

• Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?

• Dragging Pandemic, New Virus Strains, Fresh Societal Risks, Renewed Economic Disruptions Bring Weaker Growth in 2022 as Compared to 2021

• Uncertain, Uneven & Bumpy Recovery Shaped by New Variants Comes Into Play, Lowering Growth Expectations for 2022 & 2023: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023

• Persistently High Unemployment Indicates Long-Term Scarring from the COVID-19 Pandemic, Wage Inequality & Uneven Economic Recovery. Tough Times to Continue for Industries Reliant on Consumer Discretionary Incomes Until 2023: Global Number of Unemployed People (In Million) for Years 2019 Through 2023

• New Bursts of Food & Energy Inflation Triggered by Russia-Ukraine War to Threaten Economic Recovery

• Competition

• Commercial Laundry Machinery - Global Key Competitors Percentage Market Share in 2022 (E)

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

• Commercial Laundry Machinery: Definition, Overview & Benefits

• World Brands

• Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Changing Hotel Housekeeping Practices During Pandemic & in a Post-Pandemic World to Benefit Demand for Laundry Machines

• Smart Laundry Equipment & Service Technologies Emerge Into the Spotlight

• IoT Enabled Commercial Washing Machines Bring the Promise of Revolutionizing Machine Operation & Laundry Service Provision

• Self-Service Laundry/ Laundromat/Coin-Operated Machines Grow in Popularity Fueled by the Pandemic's No Contact Norm

• The Service Sector Welcomes the Era of Self-Service Convenience

• Piggybacking on the Self-Service Trend, Laundromats/Coin Operated Laundry Machines Become Popular

• Contact-Less Laundry Services Pick Up Pace Amidst the Covid-19 Pandemic

• Cautious Recovery of the Travel, Hospitality/Hotel Industry in 2022 & Beyond Bodes Well for Market Growth

• Hotels & Hospitality Industry is the Largest End-User of Laundry Machines

• Hopes for Recovery, Although Volatile to Spur Growth in the Hotels/Hospitality End-Use Sector

• Focus on Sustainability Brings Eco-Friendly & Energy Efficient Laundry Machines & Laundry Chemicals into the Spotlight

• Sustainability Becomes More Important than Ever. Here's Why

• The Time to Get Our Act Together & Move Towards a Circular Bioeconomy Has Come: Global CO2 Emissions (In Billion Metric Tons) for Years 1930, 1940, 1950, 1960, 1970, 1980, 1990, 2000, 2010, & 2020

• Carbon Footprint of the Laundry Industry Comes Under the Scanner

• How is the Laundry Industry Responding?

• Spurred On by Rising Healthcare Burden, Hospitals Emerge into the Fastest Growing End-Use Sector

• Rise in Sales of Hospital Beds in Parallel to Bed Expansion in Hospitals Worldwide Brings Good News for Hospital Laundry Services & Machines: Global Market for Hospital Beds (In US$ Million) for Years 2021, 2023, 2025 and 2027

• AI Makes Its Mark in the Laundry Industry. Here's How

• Multi-Housing Laundries Rise in Prominence

• Technology Innovations Remain Crucial for Sustained Growth

• Preventive Maintenance of Laundry Machines Storms Into the Spotlight

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/upfi6k

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• Global Market for Commercial Laundry Machinery

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