Industrial Laundry Market by Type (Industrial Washer, Industrial Dryer, Industrial Cleaner, Industrial Extractor, Others (Garment Finishing, Ironing), by Application (Hospitality, Healthcare, Food & Beverages, Automotive, Others (Marine), by North America (U.S., Canada, Mexico) Forecast 2025-2033
The Industrial Laundry Market size was valued at USD 2.61 USD Billion in 2023 and is projected to reach USD 4.42 USD Billion by 2032, exhibiting a CAGR of 7.8 % during the forecast period. Industrial laundry is described as a commercial laundry service that is designated to wash and dry large quantities of textiles mostly used in commercial buildings, institutions, and hospitals. These operations include on-premise laundry (OPL) of hotels or hospitals, contractor laundries that offer contract services to many customers, and specialized laundries that may for instance handle the cleaning of uniforms or tougher textiles. Hardware attributes of industrial laundries include high-capacity washing machines, effective dryer systems, integrated ironing, and folding tools, and mechanized ways of categorizing and managing textiles. They are used across many industries which include healthcare facilities, hospitality, manufacturing, and service industries, where hygiene standards are crucial. The benefits of industrial laundry services are significant: The key benefits include they offer a cheaper price since they process large quantities; offer quality and hygienically standardized products; and are convenient, saving time.
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The Asia Pacific region is poised to experience significant growth in the industrial laundry market, driven by the burgeoning healthcare and hospitality sectors in countries such as China, India, and Japan. The growing demand for high-quality laundry services in these industries, coupled with the increasing adoption of advanced laundry technologies, is expected to contribute to this growth.
Specifically, China is anticipated to be a key growth market for industrial laundry services due to its large healthcare and hospitality industries. The country's healthcare sector is rapidly expanding, with a growing number of hospitals and clinics seeking efficient and cost-effective laundry solutions. Similarly, the hospitality industry in China is experiencing significant growth, driven by the country's expanding tourism sector. This has led to increased demand for laundry services from hotels, resorts, and other hospitality establishments.
India is another promising market for industrial laundry services. The healthcare sector in the country is rapidly growing, with increasing investments in new hospitals and healthcare facilities. Additionally, the hospitality industry in India is witnessing a surge in demand, driven by the country's growing tourism industry. These factors are expected to contribute to the growth of the industrial laundry market in India.
Japan is also an important market for industrial laundry services. The healthcare sector in the country is highly developed, with a focus on providing high-quality healthcare services. The hospitality industry in Japan is also well-established, with a strong emphasis on cleanliness and hygiene. These market dynamics are expected to drive the demand for industrial laundry services in Japan.
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7.8% from 2019-2033 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7.8% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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