Market Overview:
The global 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 washers, commercial dryers, and commercial dry cleaning equipment across the globe. Additionally, the growing number of hotels and hospitals is also propelling the growth of this market. On the basis of type, the global laundry equipment market can be segmented into commercial washers, commercial dryers, and commercial dry cleaning equipment. Commercial washers are further sub-segmented into front-load washers and top-load washers. Commercial dryers are further sub-segmented into gas tumble clothesdryers and electric tumble clothesdryers. Commercial drying cleaning equipments are further sub-segmented into pressing machines/tables; extractors; garment finishers (e.g., ironing tables); fabric shavers; fabric softeners; other auxiliary machines (e g., starch applicators).
Product Definition:
Laundry equipment is a term used to describe the machines and tools used for doing laundry. This includes washers, dryers, irons, ironing boards, and other similar devices. Laundry equipment is important because it helps to make the process of doing laundry easier and more efficient. It can also help to improve the quality of the finished product.
Commercial Washer:
Commercial washer is a mechanical device used in laundry equipment for the removal of soil and stains from fabrics. It’s an essential part of any commercial laundry operation. The growth factor in market for commercial washer is increasing due to its rising demand across the globe especially from developing countries like India, China, Vietnam and Bangladesh where industrialization has increased at a rapid rate over the past few years.
Commercial Dryer:
Commercial dryers are used in laundry equipment to remove the moisture from the clothes. It is a mechanical device that removes water vapor from the clothes by passing them through a heated chamber. The working principle of commercial dryers is similar to that of home appliances such as an electric heating pad or an electric fan, which uses air flow and heat for removing moisture from the clothing. Commercial dryers can be either floor-based or wall-mounted depending upon their location in a laundry facility.
Application Insights:
The hotel application segment led the global laundry equipment market in 2017. The segment is projected to expand at a steady CAGR over the forecast period owing to rising demand for luxury and cleanliness in hotels. In addition, increasing number of international tourism arrivals has resulted in an increased number of hotel construction projects across various regions, which is expected to drive growth over the coming years.
The laundry home application segment accounted for more than 30% share of the overall revenue in 2017 due largely to low capital investment required and operating costs that are lower as compared with commercial hotels. Moreover, consumer preference for professional cleaning services at their homes has resulted in an increased demand for professional cleaning products including washing machines and dryers from consumers¢â‚¬â„¢ homes directly into their garages or basements without any additional space requirements at all.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing investments by key players in developing countries such as China, India, and Japan. Moreover, rising disposable income levels coupled with rapid urbanization are some of the factors responsible for increased laundry equipment demand in this region.
The Asia Pacific hotel industry is projected to witness significant growth owing to increasing tourism activities across various countries including China, Malaysia, Thailand etc., which will drive product demand further. Furthermore, growing population along with rapid urbanization has resulted into an increase in household chores such as laundry thus driving product adoption across emerging economies including India and China over the forecast period.
Growth Factors:
- Increasing demand for laundry equipment owing to the growth of the hospitality and healthcare sectors.
- Rising disposable income of consumers, which is resulting in an increase in demand for premium laundry equipment.
- Proliferation of online retailing, which is providing a platform for small and medium-sized businesses to sell their products directly to consumers. This is aiding the growth of the laundry equipment market as it offers greater product visibility and convenience to buyers.
- Technological advancements in laundry equipment that are making them more energy efficient and user-friendly, thereby driving their adoption among consumers worldwide. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Laundry Equipment Market Research Report
By Type
Commercial Washer, Commercial Dryer, Commercial Dry Cleaning Equipment, Other
By Application
Hotel, Laundry Home, Hospital, School, Other
By Companies
Kannegiesser, Jensen Group, Miele, Lavatec, Stahl, Satec, Bowe Textile Cleaning, VEGA systems
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Laundry Equipment Market Report Segments:
The global Laundry Equipment market is segmented on the basis of:
Types
Commercial Washer, Commercial Dryer, Commercial Dry Cleaning Equipment, 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
Hotel, Laundry Home, Hospital, School, Other
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:
- Kannegiesser
- Jensen Group
- Miele
- Lavatec
- Stahl
- Satec
- Bowe Textile Cleaning
- VEGA systems
Highlights of The 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:
- Commercial Washer
- Commercial Dryer
- Commercial Dry Cleaning Equipment
- Other
- By Application:
- Hotel
- Laundry Home
- Hospital
- School
- Other
- 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 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?
Laundry equipment is any piece of machinery used to clean clothes. Common types of laundry equipment include washers and dryers, irons and ironing boards, and drapes.
Some of the key players operating in the laundry equipment market are Kannegiesser, Jensen Group, Miele, Lavatec, Stahl, Satec, Bowe Textile Cleaning, VEGA systems.
The laundry equipment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laundry Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laundry Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laundry Equipment Market - Supply Chain
4.5. Global Laundry Equipment Market Forecast
4.5.1. Laundry Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laundry Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laundry Equipment Market Absolute $ Opportunity
5. Global Laundry Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laundry Equipment Market Size and Volume Forecast by Type
5.3.1. Commercial Washer
5.3.2. Commercial Dryer
5.3.3. Commercial Dry Cleaning Equipment
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laundry Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laundry Equipment Market Size and Volume Forecast by Application
6.3.1. Hotel
6.3.2. Laundry Home
6.3.3. Hospital
6.3.4. School
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laundry Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laundry Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laundry Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laundry Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laundry Equipment Demand Share Forecast, 2019-2026
9. North America Laundry Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laundry Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laundry Equipment Market Size and Volume Forecast by Application
9.4.1. Hotel
9.4.2. Laundry Home
9.4.3. Hospital
9.4.4. School
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laundry Equipment Market Size and Volume Forecast by Type
9.7.1. Commercial Washer
9.7.2. Commercial Dryer
9.7.3. Commercial Dry Cleaning Equipment
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laundry Equipment Demand Share Forecast, 2019-2026
10. Latin America Laundry Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laundry Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laundry Equipment Market Size and Volume Forecast by Application
10.4.1. Hotel
10.4.2. Laundry Home
10.4.3. Hospital
10.4.4. School
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laundry Equipment Market Size and Volume Forecast by Type
10.7.1. Commercial Washer
10.7.2. Commercial Dryer
10.7.3. Commercial Dry Cleaning Equipment
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laundry Equipment Demand Share Forecast, 2019-2026
11. Europe Laundry Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laundry Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laundry Equipment Market Size and Volume Forecast by Application
11.4.1. Hotel
11.4.2. Laundry Home
11.4.3. Hospital
11.4.4. School
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laundry Equipment Market Size and Volume Forecast by Type
11.7.1. Commercial Washer
11.7.2. Commercial Dryer
11.7.3. Commercial Dry Cleaning Equipment
11.7.4. Other
11.8. Basis oint Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laundry Equipment Demand Share, 2019-2026
12. Asia Pacific Laundry Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laundry Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laundry Equipment Market Size and Volume Forecast by Application
12.4.1. Hotel
12.4.2. Laundry Home
12.4.3. Hospital
12.4.4. School
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laundry Equipment Market Size and Volume Forecast by Type
12.7.1. Commercial Washer
12.7.2. Commercial Dryer
12.7.3. Commercial Dry Cleaning Equipment
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laundry Equipment Demand Share, 2019-2026
13. Middle East & Africa Laundry Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laundry Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laundry Equipment Market Size and Volume Forecast by Application
13.4.1. Hotel
13.4.2. Laundry Home
13.4.3. Hospital
13.4.4. School
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laundry Equipment Market Size and Volume Forecast by Type
13.7.1. Commercial Washer
13.7.2. Commercial Dryer
13.7.3. Commercial Dry Cleaning Equipment
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laundry Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laundry Equipment Market: Market Share Analysis
14.2. Laundry Equipment Distributors and Customers
14.3. Laundry Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kannegiesser
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jensen Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Miele
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lavatec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Stahl
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Satec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bowe Textile Cleaning
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. VEGA systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
