Global On Premise Laundry - OPL
Market Report
2024
On Premise Laundry (OPL) market size is USD 5369.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global On Premise Laundry (OPL) market size is USD 5369.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global On Premise Laundry - OPL Market Sales Revenue 2024 | $ 5369.2 Million |
Global On Premise Laundry - OPL Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
North America On Premise Laundry - OPL Sales Revenue 2024 | $ 2147.68 Million |
North America On Premise Laundry - OPL Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.2% |
Europe On Premise Laundry - OPL Market Sales Revenue 2024 | $ 1610.76 Million |
Europe On Premise Laundry - OPL Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.5% |
Asia Pacific On Premise Laundry - OPL Market Sales Revenue 2024 | $ 1234.92 Million |
Asia Pacific On Premise Laundry - OPL Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7% |
South America On Premise Laundry - OPL Market Sales Revenue 2024 | $ 268.46 Million |
South America On Premise Laundry - OPL Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.4% |
Middle East and Africa On Premise Laundry - OPL Sales Revenue 2024 | $ 107.38 Million |
Middle East and Africa On Premise Laundry - OPL Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.7% |
Market Split by Type |
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Market Split by Application |
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Market Split by Capacity |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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On Premise Laundry - OPL Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The industry that provides high-capacity washers, dryers, ironers, and folders that can effectively handle large laundry volumes for a variety of businesses is known as the on-premise laundry (OPL) market. This market is defined as the business of providing commercial-grade laundry equipment and services set up within a company's property, as opposed to outsourcing to external providers. In addition to this, the recovery of the hospitality sector has been a major factor in this increase. On-premise laundry facilities are an affordable option for hotels, resorts, and other lodging organizations that need reliable, high-quality laundry services.
Another significant driver shaping the On Premise Laundry (OPL) market is other important industries that gain from on-site laundry besides hospitality are healthcare (hospitals, assisted living facilities), gyms and fitness centers, apartment buildings and student housing, and manufacturing facilities (uniforms, linens). Every one of these establishments regularly needs clean towels, linens, uniforms, or other laundry needs that can be satisfactorily handled by on-premise equipment
In October 2020, Hilton hotels throughout the world can rely on Ecolab for water management and cleaning solutions, including laundry chemicals and knowledge.
(Source: https://www.ecolab.com/pages/hilton)
Growing Knowledge of Hygienic Practices and Norms of cleanliness to Increase the Demand Globally
One key driver in the On Premise Laundry (OPL) market is The requirement for on-site laundry facilities increases in direct proportion to the increased emphasis on hygiene in hospitals, hotels, and other hospitality enterprises. To maintain hygienic standards, these firms need to launder their linens, towels, and uniforms regularly. Better control over the washing process is made possible by OPL, guaranteeing that the articles adhere to strict sanitary standards. Furthermore, individuals are becoming increasingly wary about using common spaces like laundromats due to growing public awareness of cleanliness issues, especially in the wake of the pandemic. To accommodate this preference, on-premise laundry offers a private, regulated atmosphere for washing garments.
Growing Need for Economical and Effective Washing Solutions to Propel Market Growth
Another key driver in the On Premise Laundry (OPL) market is an increase in the need for economical and effective laundry solutions. This translates to companies looking for internal laundry management solutions instead of outsourcing. This is due to a number of factors. First off, OPL gives you more control over the laundry procedures so that you can guarantee speedy turnaround and high quality. Additionally, by managing laundry on-site rather than depending on outside providers, organizations with big laundry volumes can save a lot of money. Additionally, the OPL market is advancing through the creation of water-saving and more effective machinery, which is consistent with the increased emphasis on sustainability across numerous industries
Expensive Upkeep and Upfront Investment to Limit the Sales
One key restraint in the On Premise Laundry (OPL) market is regular maintenance is necessary to ensure the correct working of commercial laundry equipment, which is considerably more costly than residential washers and dryers. In order to maintain optimal performance and longevity, commercial laundry equipment must undergo frequent preventative maintenance due to its high usage. Regular cleaning, part replacement, and professional technician servicing are all included in this
Impact of Covid-19 on the On Premise Laundry (OPL) Market
The On Premise Laundry (OPL) market experienced both challenges and opportunities due to the impact of Covid-19. There was a decrease in the requirement for outside laundry since more people stayed at home. The Laundromat business saw a decline as a result of this. Not only that but laundromats, like many other industries, had trouble hiring and keeping employees during the pandemic. Laundromat revenue has declined due to a decrease in consumers and the possibility of a coin shortage. To further improve consumer convenience and hygiene, the pandemic forced laundromats to implement contactless payment methods with cards or smartphones. For faster laundry completion and less interaction, patrons who use laundromats choose larger machines and fewer visits [1]. Laundromats may be able to take advantage of this trend toward efficiency
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The competitive landscape of the On Premise Laundry (OPL) market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized projector companies, and emerging start-ups aiming to disrupt the market with innovative solutions.
In May 2021, A new range of linked washers and dryers from Electrolux Professional allow for greater resource management and efficiency thanks to remote monitoring and control features.
(Source: https://www.electroluxprofessional.com/one-connected/)
Top Companies Market Share in On Premise Laundry - OPL Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America's dominance in the On-Premise Laundry market can be attributed to several factors. Firstly, the region has a large and diverse hospitality sector, including hotels, restaurants, and healthcare facilities, which are major users of on-premise laundry equipment. Secondly, North America has stringent hygiene and cleanliness standards, leading to a high demand for efficient laundry solutions. Additionally, the region has a strong economy and high disposable income, allowing businesses to invest in advanced laundry equipment. Moreover, the presence of key market players and a well-established distribution network further contribute to North America's leadership in the On-Premise Laundry market.
Asia-Pacific stands out as the fastest-growing region in the On Premise Laundry market due to several compelling reasons. The region's booming hospitality and healthcare industries are driving the demand for on-premise laundry equipment. Rising standards of living and increasing disposable incomes in countries like China and India are also fueling the growth, leading to higher demand for laundry services in commercial establishments. Additionally, urbanization and industrialization are further propelling the market, as more businesses and facilities require efficient laundry solutions. Furthermore, the increasing awareness and adoption of sustainable and energy-efficient laundry technologies in the region are contributing to its fast-paced growth in the On-Premise Laundry market.
The current report Scope analyzes On Premise Laundry - OPL Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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According to Cognitive Market Research, the global On Premise Laundry (OPL) market size was estimated at USD 5369.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 2147.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
According to Cognitive Market Research, the global On Premise Laundry (OPL) market size was estimated at USD 5369.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 1610.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.
According to Cognitive Market Research, the global On Premise Laundry (OPL) market size was estimated at USD 5369.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1234.92 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
According to Cognitive Market Research, the global On Premise Laundry (OPL) market size was estimated at USD 5369.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 268.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
According to Cognitive Market Research, the global On Premise Laundry (OPL) market size was estimated at USD 5369.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 107.38 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Global On Premise Laundry - OPL Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing On Premise Laundry - OPL Industry growth. On Premise Laundry - OPL market has been segmented with the help of its Type, Application Capacity, and others. On Premise Laundry - OPL market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, Dryer technology stands out as the dominating category. In industries where turnaround time is critical, such as hospitality and healthcare, dryers drastically cut down on drying time when compared to air drying. In particular, dryers can assist in getting rid of bacteria and germs that could remain on wet clothing, which is crucial in medical environments. Dryers are convenient, especially in apartments with multiple units or in bad weather.
Washer technology emerges as the fastest-growing category in the On Premise Laundry (OPL) market. These features can help organizations save money on laundry operations by using less electricity and water and by automating tasks to save time. In light of the increased emphasis on hygiene, particularly in the healthcare and hospitality industries, washers equipped with specialized cycles may guarantee that linens are properly cleaned and sanitized. These cutting-edge washers present a strong bundle of advantages for companies operating in the on-premise laundry sector
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of On Premise Laundry - OPL Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the dominating category is Hotel. This is because lodging facilities produce a lot of laundry every day in order to keep up a tidy and welcoming image for visitors. In order to maintain control over the quality of laundering and guarantee that linens are constantly accessible, hotels usually have their on-site laundry facilities. Hotels have more control over washing procedures, turnaround times, and detergent usage when they have an OPL arrangement. This can guarantee that the cleanliness satisfies their requirements and that of their visitors. Run-in laundry facilities can be more cost-effective for larger hotels than using outside providers. Along with maybe negotiating better bulk prices for supplies and detergents, they can save money on shipping
The fastest-growing category in the On Premise Laundry (OPL) market is Hospital. Hospitals work hard to maintain better cleanliness and stop illnesses from spreading. Laundry services provided on-site enable more stringent management of washing procedures and chemical usage, guaranteeing that linens fulfill essential hygiene criteria. Clean linens are needed in hospitals immediately in order to sustain patient care. Quicker turnaround times are possible with an on-site laundry facility as opposed to contracting with outside vendors. This is particularly important in critical care settings. In the long run, on-premise laundries can be less expensive than depending entirely on outside laundry services, even though they do require an upfront investment in human resources and equipment.
Hotel
Nursing Home
Hospital
Hostel
Multi-housing
College & University
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According to Cognitive Market Research, the dominating category is medium capacity laundry equipment. Medium-capacity machines are highly versatile and widely used across various industries and establishments, including hotels, hospitals, nursing homes, and multi-housing complexes. These machines strike a balance between capacity and efficiency, making them suitable for handling moderate to high volumes of laundry while still being space-efficient and cost-effective. Medium-capacity machines offer sufficient capacity to meet the laundry needs of medium-sized establishments without the bulkiness and higher operational costs associated with larger equipment. Due to their versatility and widespread applicability, medium-capacity machines hold a dominant position in the on-premise laundry market.
The fastest-growing category in the On Premise Laundry market is high-capacity laundry equipment. As establishments such as hotels, hospitals, and large-scale commercial laundries seek to improve operational efficiency and handle larger volumes of laundry, there is a growing demand for high-capacity machines capable of processing large batches of linens quickly and efficiently. High-capacity machines offer increased productivity and throughput, allowing establishments to streamline their laundry operations and meet the demands of high-volume laundry loads effectively. Additionally, advancements in technology have led to the development of high-capacity machines with enhanced features such as programmable controls, energy efficiency, and water-saving capabilities, further driving their adoption and fueling the growth of this segment in the on-premise laundry market.
According to Cognitive Market Research, the dominating category is the direct sales. Direct sales involve manufacturers selling laundry equipment directly to end-users, such as hotels, hospitals, nursing homes, and other establishments requiring on-premise laundry solutions. This distribution method allows manufacturers to establish direct relationships with customers, offering personalized services, tailored solutions, and after-sales support. By bypassing intermediaries, manufacturers can ensure better control over the sales process, including pricing, marketing, and customer service, thereby maximizing their profit margins and maintaining a competitive edge in the market.
The fastest-growing category in the On Premise Laundry market is nline sales. With the increasing digitization of commerce and the growing preference for convenient purchasing options, online sales platforms have emerged as a key driver of growth in the industry. Online channels provide customers with easy access to a wide range of laundry equipment, allowing them to compare products, read reviews, and make purchases from the comfort of their homes or workplaces. Moreover, online platforms offer manufacturers and distributors an opportunity to reach a broader audience, including customers in remote or underserved areas, thereby expanding their market reach and driving sales growth in the on-premise laundry market.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
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Type | Washer, Dryer |
Application | Hotel, Nursing Home, Hospital, Hostel, Multi-housing, College & University |
Capacity | Low, Medium, High |
Distribution Channel | Direct Sales, Distributors, Online |
List of Competitors | BDS Laundry Systems, Westbrook, J.H. Stuckey Distributing Inc., Super Laundry, UniMac Laundry Equipment, Dexter Laundry, SLM Commercial Laundry Products, Ecolab, Speed Queen, Huebsch |
This chapter will help you gain GLOBAL Market Analysis of On Premise Laundry - OPL. Further deep in this chapter, you will be able to review Global On Premise Laundry - OPL Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Capacity Analysis 2019 -2031
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Chapter 13 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global On Premise Laundry - OPL market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Washer have a significant impact on On Premise Laundry - OPL market? |
What are the key factors affecting the Washer and Dryer of On Premise Laundry - OPL Market? |
What is the CAGR/Growth Rate of Hotel during the forecast period? |
By type, which segment accounted for largest share of the global On Premise Laundry - OPL Market? |
Which region is expected to dominate the global On Premise Laundry - OPL Market within the forecast period? |
Segmentation Level Customization |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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