Commercial Laundry Equipment
Market : Global Industry Analysis
and Forecast 2016 - 2024
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Commercial Laundry Equipment Market : Global Industry Analysis
and Forecast 2016 - 2024
Laundry equipment is the equipment used in the process of washing clothes and linens. The commercial
laundry equipment products comprises of dry cleaning equipment, presses, commercial dryers and
washers. Such equipment provides laundry solutions to various industries including healthcare, hospitality,
educational, and service industries.
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The commercial laundry equipment is segmented on the basis of operation types. They are, multi-housing,
on-premises and vended. Vended laundry is also referred to as coin operated laundry and occupies spaces
on long term leases. They are self-service and are composed of individual operators or owners. The onpremises laundry facility is installed at properties such as apartment spaces and comprises of a washer
and dryer. The multi-housing laundry systems are usually installed by the landlords for the benefit of their
tenants. They cater to the needs of each apartment and rental space with a complete washer and dryer
set. The commercial laundry equipment is majorly contributed by the vended type as it saves time in
carrying out the cleaning tasks.
The growth in commercial laundry equipment market can be primarily attributed to the growing demand for
efficient laundry systems. As the population and levels of disposable income rises, there is a growing
awareness among the people for hygienic and efficient cleaning systems. This triggers the growth of
laundry stores to cater to such growing demand In addition, the government regulations for energy efficient
systems in certain regions like North America are creating stiff competition among the vendors to come up
with innovative features including the electronic controls. Such electronic controls combined with several
other features automate the cleaning tasks thereby saving lot of time. Another factor contributing to the
growth of commercial laundry equipment market is the initiatives taken by the healthcare industries to solve
the issue of various cleaning jobs. Hospitals, clinics and nursing homes need to consistently launder a
variety of items such as towels, bed sheets, rugs and mop heads thoroughly and effectively. High speed
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washing and cost efficiency are tow dominating factors for such health care facilities. This is driving the
demand for highly programmable laundry equipment that can cater to the various washing needs ranging
from personal items to mop heads.
However, cost of replacing the laundry equipment in the event of failure, is adversely affecting the growth of
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this market. The increasing cost of raw materials such as Nickel and Copper coupled with high installation
costs makes laundry equipment replacement expensive. There many local vendors that offer repair
services to the laundry equipment at an affordable price. Thus, users prefer to get their equipment repaired
rather getting it replaced.
To tap the significant opportunities available in the emerging economies, the players in the market are
offering their solutions beyond the national boundaries.
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For instance, Alliance Laundry Systems, one of the key vendors in the laundry equipment market, in the
Year 2014, began to offer their laundry services in Brazil due to the presence of significant growth
opportunities. Some of the other key vendors in the market include Electrolux Laundry Systems, GE
Appliances, Qualitex Company and Unipress Corporation.
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