Global Industrial Laundry Market Overview
As per MRFR analysis, the Industrial Laundry Market Size was estimated at 57.22 (USD Billion) in 2022. The Industrial Laundry Market Industry is expected to grow from 61.05(USD Billion) in 2023 to 109.4 (USD Billion) by 2032. The Industrial Laundry Market CAGR (growth rate) is expected to be around 6.7% during the forecast period (2024 - 2032).
Key Industrial Laundry Market Trends Highlighted
The industrial laundry market is experiencing a surge in demand driven by advancements in technology and growing hygiene concerns. The integration of IoT devices and automation into laundry processes has significantly enhanced efficiency and cost reduction. Additionally, the rise of healthcare facilities and hospitality sectors has fueled the need for specialized laundry services.
Opportunities abound in the exploration of eco-friendly and sustainable laundry practices, driven by increasing environmental awareness. The adoption of biodegradable detergents, water-saving technologies, and energy-efficient equipment presents significant growth potential. Moreover, the expansion of e-commerce and home-delivery services has created new avenues for industrial laundry providers to reach consumers directly.
Recent trends point toward a shift toward subscription-based models, where customers pay a monthly fee for unlimited access to laundry services. This trend offers convenience and flexibility for businesses and individuals alike. Furthermore, there is a growing focus on personalized laundry services, such as customized washing, drying, and finishing options, to cater to the unique needs of different customers.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Industrial Laundry Market Drivers
Growing Demand for Infection Control and Hygiene
The increasing awareness of the importance of infection control and hygiene in various industries, including healthcare, hospitality, and food processing, is driving the demand for industrial laundry services. Hospitals and clinics require high-quality linens and garments that are free from bacteria and viruses to prevent the spread of infections. Similarly, hotels and restaurants need clean and fresh linens to maintain high standards of hygiene and customer satisfaction.
The stringent regulations and guidelines set by regulatory bodies, such as the Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO), further emphasize the need for effective laundry practices, leading to the growth of the Industrial Laundry Market Industry.
Expansion of Healthcare and Hospitality Industries
The growth of the healthcare and hospitality industries is a key driver of the Industrial Laundry Market Industry. Hospitals, clinics, and nursing homes generate a significant volume of laundry, including linens, scrubs, and patient gowns. The increasing number of healthcare facilities and the rising demand for quality healthcare services are contributing to the demand for industrial laundry services. Similarly, the expansion of the hospitality sector, including hotels, resorts, and restaurants, is also driving the demand for laundry services due to the need for clean and fresh linens and uniforms.
Technological Advancements in Laundry Equipment
Advancements in laundry equipment and technologies are enhancing the efficiency and effectiveness of industrial laundry operations. The adoption of automated laundry systems, laundry folding machine, high-capacity washing machines, and energy-efficient dryers is helping industrial laundries reduce operating costs and improve productivity. Additionally, the use of ozone technology, ultraviolet (UV) disinfection systems, and other innovative technologies is improving the quality of laundry services and reducing the environmental impact of laundry operations. These technological advancements are contributing to the growth of the Industrial Laundry Market.
Industrial Laundry Market Segment Insights:
Industrial Laundry Market Type Insights
The Industrial Laundry Market is segmented by type into on-premise laundry, contract laundry, self-service laundry, and automated laundry systems. On-Premise Laundry: On-premise laundry is a type of laundry service where the customer does the laundry on the premises. This type of laundry is typically used by businesses such as hotels, hospitals, and nursing homes. The global on-premise laundry market is expected to reach USD 25.8 billion by 2024, growing at a CAGR of 4.5% during the forecast period.
The growth of the on-premise laundry market is attributed to the increasing demand for laundry services from businesses, as well as the rising popularity of on-premise laundry equipment. Contract Laundry: Contract laundry is a type of laundry service where the laundry is outsourced to a third-party provider. This type of laundry is typically used by businesses such as restaurants, schools, and office buildings. The global contract laundry market is expected to reach USD 32.2 billion by 2024, growing at a CAGR of 5.2% during the forecast period.
The growth of the contract laundry market is attributed to the increasing demand for laundry services from businesses, as well as the rising popularity of contract laundry services. Self-Service Laundry: Self-service laundry is a type of laundry service where the customer washes and dries their own laundry.This type of laundry is typically used by individuals and families. The global self-service laundry market is expected to reach USD 18.5 billion by 2024, growing at a CAGR of 3.8% during the forecast period.
The growth of the self-service laundry market is attributed to the increasing popularity of self-service laundry facilities, as well as the rising number of people living in urban areas. Automated Laundry Systems: Automated laundry systems are a type of laundry system that uses automated equipment to wash, dry, and fold laundry. This type of laundry system is typically used by businesses such as hotels, hospitals, and nursing homes. The global automated laundry systems market is expected to reach USD 15.3 billion by 2024, growing at a CAGR of 6.1% during the forecast period. The growth of the automated laundry systems market is attributed to the increasing demand for laundry services from businesses, as well as the rising popularity of automated laundry systems.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Industrial Laundry Market Application Insights
The Application segment of the Industrial Laundry Market is categorized into Commercial, Industrial, Institutional, Healthcare, and Hospitality. Among these, the Commercial segment held the largest market share in 2023, accounting for around 35% of the Industrial Laundry Market revenue. This dominance is attributed to the increasing demand for laundry services from commercial establishments such as hotels, restaurants, and fitness centers. The Industrial segment is projected to witness significant growth over the forecast period due to the rising adoption of industrial laundry services by manufacturing and construction industries.
The Institutional segment, which includes schools, universities, and government buildings, is also expected to contribute to the growth of the Industrial Laundry Market. The Healthcare segment is anticipated to grow steadily, driven by the increasing demand for hygienic and sterilized linens in hospitals and other healthcare facilities. The Hospitality segment, comprising hotels, resorts, and cruise lines, is expected to experience growth due to the increasing emphasis on guest satisfaction and hygiene standards.
Industrial Laundry Market Equipment Type Insights
The Industrial Laundry Market is segmented by Equipment Type into Washers, Dryers, Ironers, Finishing Equipment, and Water Treatment Systems. Among these, Washers held the largest market share in 2023 and are projected to maintain their dominance throughout the forecast period. The growth of the Washers segment can be attributed to the increasing demand for energy-efficient and high-capacity washing machines, particularly in commercial and industrial laundry applications.
Dryers are another important segment and are expected to witness a significant growth rate during the forecast period. This growth is driven by the rising demand for faster and more efficient drying solutions in various industries. Ironers are also expected to experience steady growth, as they are essential for achieving a professional finish on linens and garments.
Finishing Equipment, such as folding machines and garment presses, is used to enhance the appearance and quality of finished laundry items. This segment is expected to grow in line with the overall market growth. Water Treatment Systems are crucial for ensuring the quality and longevity of laundry equipment and are expected to witness a steady demand in the coming years.
Industrial Laundry Market Fuel Type Insights
The Industrial Laundry Market segmentation by Fuel Type comprises Electricity, Natural Gas, Propane, and Steam. Among these, Electricity dominated the market in 2023, accounting for around 45% of the global revenue. The dominance of electricity can be attributed to its cost-effectiveness, reliability, and environmental friendliness. Natural Gas is another widely used fuel type, particularly in regions with abundant natural gas reserves. Its market share is estimated to be around 30% in 2023. Propane and Steam are also used as fuel sources in industrial laundry applications, but their market share is relatively smaller.
The market for industrial laundry fuel types is expected to grow steadily in the coming years, driven by the increasing demand for efficient and sustainable laundry solutions in various industries, such as healthcare, hospitality, and manufacturing.
Industrial Laundry Market Capacity Insights
The Industrial Laundry Market segmentation by capacity includes Less than 100 lbs, 100-200 lbs, 200-300 lbs, and more than 300 lbs. The Less than 100 lbs segment held the largest market share in 2023, accounting for around 30% of the Industrial Laundry Market revenue. The 100-200 lbs segment is projected to grow at the highest CAGR during the forecast period, owing to the increasing adoption of these machines in small and medium-sized industrial laundries. The 200-300 lbs segment is expected to hold a significant market share throughout the forecast period due to its wide application in large-scale industrial laundries.
The More than 300 lbs segment is anticipated to witness steady growth, primarily driven by the demand for high-capacity machines in heavy-duty industrial applications. Overall, the Industrial Laundry Market is expected to exhibit robust growth in the coming years, driven by factors, such as the rising demand for outsourced laundry services, technological advancements, and increasing hygiene consciousness.
Industrial Laundry Market Regional Insights
The Industrial Laundry Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America is expected to hold the largest market share in 2023, followed by Europe. The stringent regulations regarding hygiene and sanitation in the region drive the European market. The APAC market is expected to witness significant growth due to the rising population and increasing disposable income in countries such as China and India. South America and MEA are also expected to experience steady growth in the industrial laundry market due to the expanding healthcare and hospitality sectors.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Industrial Laundry Market Key Players And Competitive Insights:
Major players in the Industrial Laundry Market industry are constantly investing in research and development to enhance their product offerings and gain a competitive edge. Leading Industrial Laundry Market players are focusing on developing innovative solutions that meet the evolving needs of customers. The Industrial Laundry Market development is driven by increasing demand for efficient and cost-effective laundry solutions across various industries. The competitive landscape of the Industrial Laundry Market is characterized by a mix of established players and emerging entrants. These players are vying for market share through strategic partnerships, acquisitions, and product differentiation.
A prominent player in the Industrial Laundry Market is CleanCloud, which specializes in providing automated laundry systems and comprehensive laundry management solutions. The company has a global presence and serves a wide range of customers, including healthcare facilities, hotels, and industrial laundries. CleanCloud's focus on innovation and customer-centric approach has helped it gain a strong position in the market.
Another key player in the Industrial Laundry Market is Lavatec Laundry Technology. Lavatec offers a comprehensive portfolio of commercial laundry equipment, including washers, dryers, and finishing equipment. The company has a strong presence in Europe and the Asia-Pacific region. Lavatec's commitment to sustainability and energy efficiency has made it a preferred choice for customers seeking environmentally friendly laundry solutions.
Key Companies in the Industrial Laundry Market Include:
Industrial Laundry Market Industry Developments
The Industrial Laundry Market is projected to grow from USD 61.05 billion in 2023 to USD 109.4 billion by 2032, exhibiting a CAGR of 6.7% during the forecast period. The growth of the market is attributed to the increasing demand for outsourced laundry services from various industries, including healthcare, hospitality, and manufacturing. Rising hygiene standards and the need for efficient laundry solutions are further driving the market growth. Technological advancements, such as the adoption of automated laundry systems and eco-friendly detergents, are also contributing to the market expansion.
Key industry players are focusing on strategic partnerships and acquisitions to strengthen their market position and expand their geographical reach. Recent news developments include the acquisition of CleanCloud by Ecolab and the partnership between Alliance Laundry Systems and Wascomat. These developments indicate the growing consolidation trend in the industrial laundry market.
Industrial Laundry Market Segmentation Insights
-
Industrial Laundry Market Type Outlook
- On-Premise Laundry
- Contract Laundry
- Self-Service Laundry
- Automated Laundry Systems
-
Industrial Laundry Market Application Outlook
- Commercial
- Industrial
- Institutional
- Healthcare
- Hospitality
-
Industrial Laundry Market Equipment Type Outlook
- Washers
- Dryers
- Ironers
- Finishing Equipment
- Water Treatment Systems
-
Industrial Laundry Market Fuel Type Outlook
- Electricity
- Natural Gas
- Propane
- Steam
-
Industrial Laundry Market Capacity Outlook
- Less than 100 lbs
- 100-200 lbs
- 200-300 lbs
- More than 300 lbs
-
Industrial Laundry Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
57.22 (USD Billion) |
| Market Size 2023 |
61.05 (USD Billion) |
| Market Size 2032 |
109.4 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
6.7% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Alliance Laundry Systems, Miele, Wascomat, Lavazza, Speed Queen, Primus, Kannegiesser, Electrolux, Jensen Group, Girbau |
| Segments Covered |
Type, Application, Equipment Type, Fuel Type, Capacity, Regional |
| Key Market Opportunities |
Growing Healthcare Industry Increasing Demand for Hygiene Rise of Laundromat Services Technological Advancements Environmental Sustainability |
| Key Market Dynamics |
Rising demand for hygiene and infection control Growing adoption of advanced technologies Increasing investments in healthcare facilities Adoption of sustainable practices Expansion of outsourcing services |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Industrial Laundry Market size was valued at USD 61.05 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2032, reaching USD 109.4 billion by 2032.
The key regions in the Industrial Laundry Market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these, North America held the largest market share in 2023, followed by Europe and Asia Pacific.
Industrial laundry services are primarily used in healthcare facilities, hospitality establishments, and commercial industries. In healthcare facilities, industrial laundry services are essential for maintaining hygiene standards and preventing the spread of infections. In the hospitality industry, industrial laundry services are used to clean and maintain linens, towels, and other textiles. Commercial industries also utilize industrial laundry services to clean uniforms, workwear, and other textiles.
The key competitors in the Industrial Laundry Market include: - Elis - CleanCloud (formerly Lavanda) - The Laundress - Aramark - Crothall Healthcare - Healthcare Laundry Specialists - UniFirst Corporation - Alsco - Gurtler Industries.
Key trends in the Industrial Laundry Market include the growing adoption of sustainable practices, the increasing demand for on-demand laundry services, and the rising popularity of e-commerce laundry services.
Challenges faced by the Industrial Laundry Market include rising labor costs, increasing competition, and the need for specialized equipment and expertise.
Opportunities for growth in the Industrial Laundry Market include the growing healthcare industry, the increasing demand for hygiene and sanitation, and the rising popularity of online laundry services.
Key factors driving the growth of the Industrial Laundry Market include the increasing demand for hygiene and sanitation, the rising popularity of online laundry services, and the growing healthcare industry.
Key restraints on the growth of the Industrial Laundry Market include rising labor costs, increasing competition, and the need for specialized equipment and expertise.
The Industrial Laundry Market is projected to expand at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2032, reaching USD 109.4 billion by 2032.
