The global Commercial Laundry Machinery market is set to expand from $6.7 billion in 2024 to $10.4 billion by 2030, at a CAGR of 7.5%. Key trends include advancements in IoT-enabled devices, energy efficiency, and innovations like water recycling technologies. These factors, driven by demand from hospitality and healthcare sectors, are fueling market growth. The report highlights regional dynamics, with the U.S. valued at $1.9 billion in 2024, and China expected to grow at a 9.8% CAGR. This comprehensive analysis offers insights into market drivers, competitive landscapes, and future trends, making it essential for strategic business decisions.
The global Commercial Laundry Machinery market is set to expand from $6.7 billion in 2024 to $10.4 billion by 2030, at a CAGR of 7.5%. Key trends include advancements in IoT-enabled devices, energy efficiency, and innovations like water recycling technologies. These factors, driven by demand from hospitality and healthcare sectors, are fueling market growth. The report highlights regional dynamics, with the U.S. valued at $1.9 billion in 2024, and China expected to grow at a 9.8% CAGR. This comprehensive analysis offers insights into market drivers, competitive landscapes, and future trends, making it essential for strategic business decisions.
