COMMERCIAL LAUNDRY EQUIPMENT MARKET ANALYSIS

Market Challenges And Opportunities

Commercial laundry equipment are designed for washing clothes and linens automatically. This laundry equipment includes dry cleaning equipment, commercial dryers, presses, and washers. Commercial laundry equipment offers laundry solutions to various industry verticals such as healthcare, educational, hospitality, and service industries. The popularity of commercial laundry equipment is expected to grow significantly, owing to its several benefits such as less equipment downtime and repair, easy to control, low energy consumption and labor costs, durability, reliability, and high efficiency. The commercial laundry equipment is divided into three types such as coin laundry, on-premise laundry, and multi-housing laundry.

Increasing demand for efficient on-premise commercial laundry equipment in healthcare industry is one of the major factors expected to drive the market growth of the commercial laundry equipment

The commercial laundry equipment is adopted by many healthcare facilities, nursing homes, and hospitals across the globe, owing to its benefits such as better efficiency, high durability, reliability, low operational cost, and low cost of maintenance over the long term. Laundries in hospitals, nursing homes, outpatient facilities, and other `medical facilities have more number of laundries to be cleaned and it is necessary to maximize efficiency in their cleaning processes, which is expected rise demand for commercial laundry equipment. Moreover, hospitals and care facilities requires to monitor number of patients as this will have a significant impact on their laundry operations. The commercial laundry equipment offers consistency in operations, optimal water temperatures to use several detergents, cleaning chemicals, and disinfectants. This are the factors, which is expected to drive demand for commercial laundry equipment, which in turn is expected to drive growth of the market over the forecast period. However, high cost of installation and high cost of replacement are some of the major factors that are expected to restrain the market growth over the forecast period.