On Premise Laundry - OPL Market Insights Video

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.

• 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.
• Europe accounted for a share of over 30% of the global market size of USD 1610.76 million.
• 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.
• 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.
• 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.
• The dryer held the highest On Premise Laundry (OPL) market revenue share in 2024