Forecast: Commercial Laundry, Drycleaning and Pressing Machines Sales in the US

In the US commercial laundry, drycleaning, and pressing machines market, sales data from 2013 to 2023 shows fluctuations, with a notable decline beginning after 2013. The market stood at $0.78703 billion in 2023. From 2014 to 2023, sales saw a compound annual growth rate (CAGR) of -1.73%, indicating a steady, moderate decline.

Year-on-year variations over the last two years demonstrate a considerably stable but downward trend: a -1.73% decline in 2022 and 2023. The forecasted data from 2024 to 2028 anticipates continued decline, with a forecasted CAGR of -1.52% and a total decline of 7.39% over the five-year period.

Future trends to watch for:

  • Emerging technologies that could reshape commercial laundry processes.
  • Economic impacts influencing capital investment in commercial machinery.
  • Environmental regulations that might drive demand for energy-efficient machines.
  • Shifts in the commercial laundry market due to changes in the hospitality and healthcare sectors.

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