Technological Advancements & Demand from Developing Countries to Drive Sales of Commercial Laundry Machinery, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Commercial Laundry Machinery markets. Global market for Commercial Laundry Machinery is forecast to reach US$4.2 billion by 2020, spurred by demand from emerging markets in Asia and Latin America, as well as the introduction of new advanced machines with innovative features.

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Commercial Laundry Machinery: A Global Strategic Business Report

San Jose, CA (PRWEB) April 04, 2014

Follow us on LinkedIn - The global commercial laundry machinery market, comprising Washers, Commercial Dryers, Presses, and Drycleaning Equipment, is set to witness steady growth in the coming years, propelled by increasing demand for replacement machinery in advanced economies and the growing demand for laundry services from the burgeoning population in developing countries. Emerging markets of Asia, the Far East, and Latin America are positioned to generate strong demand for commercial laundry equipment owing to resurgent economic growth, rising disposable incomes and increasing consumer spending. The advent of newer iterations of laundry cleaning equipment with innovative features with enhanced water conservation, energy efficiency, speed, compactness and automated-operation capabilities, also play a critical role in stimulating fresh purchases, replacements, and upgrades.

Commercial laundry machinery continues to evolve with premium models offering advanced features such as high-temperature wash; multiple programmable settings; automatic wash-settings controllers; integrated temperature, dirt, moisture and fabric sensors; and intuitive user interfaces. The commercial laundry equipment market continues to gravitate towards automation, driven by growing labor costs. High-speed spin, SMART and digital program are some of the advanced options featured in high-end washing machines. Heat pump technology is one of the technologies being explored by commercial dryer manufacturers keen on developing machines with lower noise emissions, and higher drying speed, energy efficiency and user-friendliness. Innovative features such as pneumatic height-adjustable sleeve tensioning, enhanced sleeve finishing, and touch screen PLC are garnering a great deal of attention and driving sales of shirt finishing presses.

Growing consumer concerns about energy and resource depletion and global warming, and stringent government regulations and standards, are driving the development of new generation eco-friendly commercial laundry machines. For instance, the growing consumer interest in water conservation led to the introduction of washers with advanced incremental water-level controls. Similarly, the dry cleaning industry is phasing out usage of perchloroethylene (perc) solvent following a notification issued by the USEPA. Following the ban on perc in select countries, dry cleaning machinery manufacturers are developing Non-Perc dry cleaning equipment based on eco-friendly alternatives such as hydrocarbon solvents and the GreenEarth process.

As stated by the new market research report on Commercial Laundry Machinery, Europe represents the largest market worldwide. Asia-Pacific is forecast to register the fastest CAGR of 5.6% over the analysis period. Washing machines or Washers represent the largest product market, while dry cleaner equipment represents the fastest-growing product segment over the analysis period.

Major players covered in the report include Alliance Laundry Systems LLC, American Dryer Corp., Böwe Textile Cleaning GmbH, CMV Sharper Finish Inc., Dexter Apache Holdings Inc., Dexter Laundry Inc., EDRO Corporation, Electrolux Laundry Systems, Forenta LP, Girbau S.A., GE Appliances, Hoffman/New Yorker Inc., JLA Limited, Miele Inc., Pellerin Milnor Corporation, Qualitex Company, Shanghai Sailstar Machinery (Group) Co. Ltd., Unipress Corporation, and Whirlpool Corporation.

The research report titled “Commercial Laundry Machinery: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive overview of market trends, drivers, issues, challenges, mergers, acquisitions and other strategic industry activities of major companies worldwide. The research report provides market estimates and projections for major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, the United Kingdom, Spain, Russia, and Rest of Europe), Asia-Pacific (China, and Rest of Asia-Pacific), Latin America, and Rest of World. Product segments analyzed include Washers, Commercial Dryers, Presses, and Drycleaning Equipment.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Commercial_Laundry_Machinery_Market_Report.asp.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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  • Raghu Gopal
    Global Industry Analysts Inc
    +1 408-528-9966
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