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2020-09-01
765
Global
The laundry machinery market holds a significant share in the global commercial laundry system market. The growth in the number of dry cleaners, growing hospitality and healthcare sector, numbers of commercial laundry care outlets are driving the growth of the industry. The lack of time and unwillingness towards doing laundry has led to the establishment of the commercial laundry system market. With the liberalization of the market, increased consumerism and rising number of players globally, consumers are rapidly evolving and becoming more demanding for innovative laundry care products. The commercial laundry business is growing at a fast rate, operating through online services or on-premise services. Ongoing machinery developments help to ensure that they are well equipped with the most updated features that can save time, energy and money. A going trend is of using smart laundry machineries that identifies the major factors related to water intake, energy, and detergent usage. Goldstein Market Intelligence analyst forecast that the global commercial laundry machinery market is set to grow at a CAGR of 7.1% over the forecast period (2017-2030).
By Types of Equipment
Washing machines accounted for largest market share of 42.3% in 2017 on the back of its major application in the laundry activities.
By Distribution Channel
By Geography
Based on geography, the North-America region accounted for the largest market share of 34.1% in 2017 due to the large availability of commercial laundry outlets, hotels, and hospitals. North America also has the presence of major players in the market, contributing towards the larger market size of North America.
The report covers the present ground scenario and the future growth prospects of the commercial laundry machinery market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global Commercial Laundry Machinery Market Analysis 2017-2030, has been prepared based on in-depth market research from consumer & retail industry experts. The report covers the competitive landscape and current position of major players in the Global commercial laundry machinery market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global commercial laundry machinery market report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Commercial Laundry Machinery Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Our global commercial laundry machinery market report comprises of the following companies as the key players:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
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