The commercial laundry market has shown steady growth, rising from $1.37 billion in 2023 to $1.43 billion in 2024, reflecting a compound annual growth rate (CAGR) of 4.7%. This growth is driven by the increasing demand for automated washing machines, industrialization, urban expansion, higher demand for commercial laundry services, greater hygiene awareness and regulation, and rising consumerism. The market is projected to continue growing, reaching $1.75 billion by 2028, at a CAGR of 5.1%. Future growth is attributed to the increasing volume of medical linens and uniforms, the rise of new hotel chains, a growing global population, rising tourism, expanding commercial infrastructure, and increased demand from various industries. Key trends expected include innovations in smart technologies, integration of Internet of Things (IoT) solutions, technological advancements, adoption of artificial intelligence (AI)-powered stain removal, self-service kiosks, and developments in automated garment sorting.
Global Commercial Laundry Market Key Driver
The increasing construction activities are expected to drive the growth of the commercial laundry market going forward. Construction activities, involving the physical development of buildings, infrastructure, and other structures, are on the rise due to rapid urbanization, infrastructure development, and a focus on efficiency in building projects. Commercial laundry services support the construction industry by maintaining cleanliness, safety, and efficiency, which contributes to more effective construction operations. For instance, in December 2021, the United States Census Bureau reported that the value of construction activities increased from $1,626.4 billion in 2021 to $1,792.9 billion in 2022. Therefore, increasing construction activities are driving the growth of the commercial laundry market.
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Global Commercial Laundry Market Segments
The commercial laundry market 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
By Geography:The regions covered in the commercial laundry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the commercial laundry market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Major Commercial Laundry Industry Players
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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Commercial Laundry Market Overview
Commercial laundry refers to specialized facilities or businesses that provide laundry services on a larger scale, primarily serving businesses and institutions rather than individual consumers. These facilities are equipped with industrial-grade washing, drying, and ironing equipment capable of handling significant volumes of laundry.
Commercial Laundry Global Market Report 2023 provides data on the global commercial laundry market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The commercial laundry market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
