Market Overview:
The global professional laundry equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for commercial and industrial laundry equipment owing to the rising number of hospitality establishments and growing demand for processed textiles in various end-use applications. In terms of type, the washers segment is expected to account for a major share of the global professional laundry equipment market during the forecast period, followed by dryers and other types of equipment. In terms of application, home laundering is projected to be a key segment during the forecast period, followed by commercial laundering and other applications such as institutional laundries, hospitals & clinics, automotive garages/repair shops etc.
Product Definition:
Professional laundry equipment is used to clean and disinfect textiles. It is important for hospitals, healthcare facilities, and other businesses that require clean textiles to have this equipment in order to keep their employees and patients safe.
Washers:
A washer is a mechanical device used in laundry equipment for removing soil or contamination from various textile materials. The most common types of washers are the horizontal and vertical type, which can be differentiated by their shape. Horizontal type has two interlocking plates called as arms, which are mounted on a cylindrical base plate through bearings.
Dryer:
A dryer is a mechanical device used to reduce the moisture content in fabrics by heating at a temperature below that of the dew point. It works by using an electric current to heat the fabric and remove water vapor through evaporation. The result is usually very dry clothes, which can be dried faster than usual with fewer cycles (number of times you have to wash them).
Dryers are available in different sizes and capacities depending upon professional laundry requirements.
Application Insights:
The commercial application segment led the global professional laundry equipment market in 2017. The growth can be attributed to an increase in the number of hotels, restaurants and other food service industries across the globe. These industries require fresh and clean clothes on a regular basis, which is driving demand for these machines at a rapid pace. In addition, increasing penetration of these machines in hospitals and clinics is expected to drive demand over the forecast period.
The home application segment accounted for more than 30% share of global revenue in 2017 owing to high adoption by consumers who are upgrading their washing machine as modern appliances with advanced features have become affordable over recent years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding hygiene and cleanliness, growing demand for energy-efficient equipment, and rising spending on home maintenance activities by consumers. Moreover, presence of key manufacturers such as Maytag Corporation; Whirlpool Corp.; Samsung Industries Co., Ltd.; LG Electronics Inc.; and Electrolux AB will continue to provide growth opportunities for the regional market over the next seven years.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid urbanization in developing countries such as India and China along with increased purchasing power of consumers due changes in taxation policies that favor domestic products over imports from developed nations Such as U.S., Germany, UK, etc.).
Growth Factors:
- Increasing demand for laundry services from the hospitality sector
- Rising disposable income of consumers in developing countries
- Proliferation of retail chains and e-commerce platforms that offer laundry services
- Growing awareness about the benefits of professional laundry equipment among small businesses and home users
- Technological advancements that result in more efficient and compact machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Professional Laundry Equipment Market Research Report
By Type
Washers, Dryer, Other
By Application
Home, Commercial, Others
By Companies
Fagro, Whirlpool, Maytag, Miele, Speed Queen, Electrolux Professional, GEAppliances, LG Electronics, American Dryer Corporation, UniMac, Lakeside, Girbau, Dexter Apache Holdings, Tosei, Pellerin Milnor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Professional Laundry Equipment Market Report Segments:
The global Professional Laundry Equipment market is segmented on the basis of:
Types
Washers, Dryer, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fagro
- Whirlpool
- Maytag
- Miele
- Speed Queen
- Electrolux Professional
- GEAppliances
- LG Electronics
- American Dryer Corporation
- UniMac
- Lakeside
- Girbau
- Dexter Apache Holdings
- Tosei
- Pellerin Milnor
Highlights of The Professional Laundry Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Washers
- Dryer
- Other
- By Application:
- Home
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Professional Laundry Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Professional laundry equipment is any piece of equipment used in the laundry industry for the purpose of cleaning, sorting, and folding clothes. This can include machines such as washers and dryers, ironing boards, and storage containers for dirty clothes.
Some of the major companies in the professional laundry equipment market are Fagro, Whirlpool, Maytag, Miele, Speed Queen, Electrolux Professional, GEAppliances, LG Electronics, American Dryer Corporation, UniMac, Lakeside, Girbau, Dexter Apache Holdings, Tosei, Pellerin Milnor.
The professional laundry equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Professional Laundry Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Professional Laundry Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Professional Laundry Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Professional Laundry Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Professional Laundry Equipment Market Size & Forecast, 2020-2028
4.5.1 Professional Laundry Equipment Market Size and Y-o-Y Growth
4.5.2 Professional Laundry Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Washers
5.2.2 Dryer
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Professional Laundry Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Professional Laundry Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Washers
9.6.2 Dryer
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Washers
10.6.2 Dryer
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Washers
11.6.2 Dryer
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Washers
12.6.2 Dryer
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Washers
13.6.2 Dryer
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Professional Laundry Equipment Market: Competitive Dashboard
14.2 Global Professional Laundry Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fagro
14.3.2 Whirlpool
14.3.3 Maytag
14.3.4 Miele
14.3.5 Speed Queen
14.3.6 Electrolux Professional
14.3.7 GEAppliances
14.3.8 LG Electronics
14.3.9 American Dryer Corporation
14.3.10 UniMac
14.3.11 Lakeside
14.3.12 Girbau
14.3.13 Dexter Apache Holdings
14.3.14 Tosei
14.3.15 Pellerin Milnor
