About Commercial Dryer
The worldwide changes in work conditions and lifestyle have created a demand for commercial on-demand laundry services as consumers have limited time to do chores like laundry. This, in turn, has increased the demand for commercial laundry equipment. An increase in the disposable income and rise in the number of dual-income families across the globe has also increased the demand for laundromats, on-demand laundry services, and other commercial laundry services.
Technavio’s analysts forecast the global commercial dryer market to grow at a CAGR of 4.11% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global commercial dryer market for 2016-2020. To calculate the market size, the report considers the revenue generated from the worldwide retail sales of the following types of commercial dryers in the market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Commercial Dryer Market 2016-2020
Technavio recognizes the following companies as the key players in the global commercial dryer market: Alliance Laundry Systems, Dexter Apache Holdings, Continental Girbau, Electrolux, and Whirpool.
Other prominent vendors in the market are: BÖWE Textile Cleaning, G.A. Braun, GE, JLA, Lead Laundry and Catering, LG Electronics, Miele Company, Pellerin Milnor, Renzacci, Schulthess Maschinen, Shanghai Shenguang Laundry Machinery, Stahl Wäschereimaschinen, and Stefab.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is rise of online laundry services. Many laundry service providers are introducing online services and mobile apps to attract more customers by increasing their convenience. The increasing internet penetration across the world has increased the consumer's convenience to connect with online laundry services. For instance, WASHNOW, a Qatar-based online laundry service provider, launched an Android and iOS app in 2015. The customers can select a pick-up time from the mobile app and are informed of the time their laundry will be returned. It usually takes a 48-hour turnaround service for washing, ironing, and dry cleaning in Doha, Qatar. The company plans to expand its services to Al Khor, Al Wakrah, and even other Gulf states. 1ClickLaundry, a mobile app-based laundry service provider, was also launched in 2015, and the customers can select express, standard, or premium laundry services.”
According to the report, one of the primary drivers in the market is growing need for energy-efficient electric dryers. Until two decades ago, energy efficiency was not a high priority among commercial laundry equipment manufacturers, as well as end-users. However, it has now become an increasingly important factor in purchasing decisions for any appliance, especially electric dryers. Consumers prefer energy-efficient dryers that prevent the energy wastage and save money on utility bills. Manufacturers have introduced many energy-efficient commercial dryers in the market. For instance, the Commercial Laundry Energy Advantage 75-Pound on-premises dryers from Maytag, a commercial appliance brand from Whirlpool, include 100% axial airflow. This feature allows warm air to pass directly through the load, speeding up the drying process and reducing the energy usage. The tempered glass door and solid dryer drum keep the warm air in the drum. Modern energy-efficient dryers come with moisture sensor bars that measure the dampness level of the load, which prevents over-drying and energy wastage.
Further, the report states that one major challenge in the market is disadvantages of electric dryers. Slower drying time, high running cost, and carbon dioxide emissions are some of the key disadvantages of electric dryers compared with gas dryers. Electric dryers have a longer drying time than gas dryers, as electric dryers operate at a lower temperature than gas dryers. So, in the case of gas dryers, as the clothes are in the dryer for a shorter period, the quality of the material is not affected and energy costs are reduced. The clothes remain undamaged as they are dried quickly at specific temperatures to evaporate water from the fabric. So, commercial laundry service providers prefer gas dryers over electric dryers. For instance, more than 80% of commercial dryers sold in the US are gas dryers.
Alliance Laundry Systems, Dexter Apache Holdings, Continental Girbau, Electrolux, Whirpool, BÖWE Textile Cleaning, G.A. Braun, GE, JLA, Lead Laundry and Catering, LG Electronics, Miele Company, Pellerin Milnor, Renzacci, Schulthess Maschinen, Shanghai Shenguang Laundry Machinery, Stahl Wäschereimaschinen, Stefab.
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