Commercial Laundry Machinery Market 2019: Global Trends, Market Share, Industry Size, Growth, Opportunities, Forecast to 2024

This report covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies

Pune, India - December 6, 2019 /MarketersMedia/ —

Market Overview

Laundry machinery market holds a dominant share in the global commercial laundry machinery market. Growing number of dry cleaners, proliferating hospitality and healthcare sector and a steadily increasing number of commercial laundry care outlets are driving the growth of the worldwide commercial laundry machinery industry. Paucity of time and unwillingness towards doing laundry has also led to the establishment of the commercial laundry machinery market. The report has been made basis in-depth market research data from consumer & retail industry experts, covering the competitive landscape and current market dynamics of major players in the Global commercial laundry machinery industry.

The global Commercial Laundry Machinery market is estimated to exceed USD 5.2 Billion by 2024, driven by eco-friendly and energy efficient machines, positive growth in the hospitality sector in emerging economies and a rising trend of outsourcing washing services and linen cleaning to third party service providers. The growth of Commercial Laundry Machinery market can also be attributed to increased consumer spending on luxurious amenities such as housekeeping and laundry services. In the developed markets, launch of new laundry machinery equipped with innovative features such as enhanced water conservation, energy efficiency, compactness, speed and automation capabilities has encouraged the demand for the Commercial Laundry Machinery.

Request a Free Sample Report, Click Here @  https://www.wiseguyreports.com/sample-request/3744443-global-commercial-laundry-machinery-market-growth-2019-2024

With liberalization of the world markets, rising consumerism and an increasing number of new players globally, consumers are rapidly evolving with higher demands for the innovative laundry care products. The commercial laundry machinery business is rapidly growing, operating through online services or on-premise services. Ongoing machinery developments help to ensure that they are equipped with the most updated features that saves time, energy and money. The ongoing trend of using smart laundry machineries identifies the major factors related to water intake, energy and detergent usage. A recent research report forecasts that the global commercial laundry machinery market is set to grow at a CAGR of 7.1% over the forecast period (2017-2025).

The key manufacturers covered in this report:

Kannegiesser
Jensen Group
Lavatec
Stahl
Miele
VEGA systems
Satec
Bowe Textile Cleaning

Market Segmentation

The Commercial Laundry Machinery market worldwide is segmented by Type, Distribution Channel and Applications.

By Type, the market is segmented into:

Washing machines
Commercial Dryers
Pressing Machines
Automatic Bifurcating equipment

The market by Distribution Channel is segmented into:

Offline
Online

By Application, the market finds use in the following industries:

Hotel
Laundry Home
Hospital
School
Other

Regional Analysis

The markets by region is divided into North America (U.S. & Canada) , Latin America (Brazil, Mexico, Argentina & Rest Of Latin America, Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Rest of Europe), Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia) and The Middle East & Africa (GCC, South Africa, North Africa, RoMEA).

Geographically, the North-American region accounted for the dominant market share of 34.1% in 2017 due to the large availability of commercial laundry outlets, hospitals and hotels. North American region also houses major players in the market, contributing towards the larger market size of North America. With a huge growth potential for the Commercial Laundry Machinery market, APAC is the next fastest growing region, expected to grow at a CAGR of 7.36% during the assessment period.

Industry News

Accounting for largest market share of 42.3% in 2017, Washing machines are one of the major applications in the laundry activities. Further, commercial dryers closely follow the market share of washing machines, that is also expected to grow at a CAGR of 7.3% over the forecast period.

Table of Contents

Global Commercial Laundry Machinery Market Growth 2019-2024

1 Scope of the Report

2 Executive Summary

3 Global Commercial Laundry Machinery by Manufacturers

4 Commercial Laundry Machinery by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Marketing, Distributors and Customer

11 Global Commercial Laundry Machinery Market Forecast

12 Key Players Analysis

13 Research Findings and Conclusion

……Continued

Make an enquiry of this Report @ https://www.wiseguyreports.com/enquiry/3744443-global-commercial-laundry-machinery-market-growth-2019-2024

Contact Info:
Name: Norah Trent
Email: Send Email
Organization: WISEGUY RESEARCH CONSULTANTS PVT LTD
Phone: +1 (339) 368 6938 (US) ,+44 208 133 9349 (UK)
Website: https://www.wiseguyreports.com/

Source URL: https://marketersmedia.com/commercial-laundry-machinery-market-2019-global-trends-market-share-industry-size-growth-opportunities-forecast-to-2024/88937946

Source: MarketersMedia

Release ID: 88937946

More News From Daily Tech Geek

Climate activist: Why tout development if there's no future?

Jan 27, 2020

NEW DELHI — An Indian girl who was among the 16 young activists filing a complaint at the United Nations accusing countries of inaction on climate change has taken that step before. Ridhima Pandey, now 11, filed a petition in 2017 at India's National Green Tribunal, which oversees environmental concerns, for not taking serious enough steps to combat climate change. It was dismissed, but she escalated it to the Indian Supreme Court. Pandey was among the activists including Swedish teen Greta Thunberg who criticized Germany, France, Brazil, Argentina and Turkey for failing to uphold their obligations to young people under...

Pakistan battles dengue epidemic, with 20 deaths so far

Jan 27, 2020

ISLAMABAD — Pakistani health officials were battling an outbreak of dengue fever in the South Asian nation on Tuesday, a day after health officials confirmed over 10,000 cases and 20 deaths in recent months. More patients with symptoms of dengue fever were arriving at hospitals in all major cities, including the capital Islamabad, putting a strain on the country's poor health system. Health officials hope that the anti-mosquito spraying in urban areas targeting stagnant water will help contain the disease. According to Zafar Mirza, a government adviser on health, as many as 10,013 dengue cases had so far been reported....

Over 30 Indian worshippers drown during Hindu rituals

Jan 27, 2020

NEW DELHI — More than 30 Hindu worshippers have drowned in swollen rivers and in a lake in India as thousands participated in religious ceremonies in which figures of a Hindu god are immersed in water, officials and news reports said Friday. At least 11 people drowned when their boat capsized early Friday on a lake in central India, rescuers said. Six people were able to swim ashore in the lake in Bhopal, the capital of Madhya Pradesh state, and a search was on for one missing person, said National Disaster Response Force spokesman Krishan Kumar. Kumar said 11 bodies...

India loses communication with its unmanned moon lander

Jan 27, 2020

NEW DELHI — India's space agency said it lost touch Saturday with its Vikram lunar lander as it aimed to land on the south pole of the moon and deploy a rover to search for signs of water. The space agency was analyzing data as it worked to determine what had happened. "Communications from lander to ground station was lost," said K Sivan, chairman of the Indian Space Research Organisation. "The data is being analysed." A successful landing would have made India just the fourth country to land a vessel on the lunar surface, and only the third nation to...

Protest in Nepal against plan to cut trees to widen road

Jan 27, 2020

KATHMANDU, Nepal — More than 200 people rallied in Nepal's capital Thursday to protest government plans to cut down about 2,000 trees to widen a key road that circles the city. The protesters held signs urging the government to stop the plan to remove the trees on the outer edge of Kathmandu. The 27-kilometer (17-mile) Ring Road encircles the capital and is a key road network for the increasingly congested city. "These trees were controlling pollution and giving fresh air so they cannot be cut down to make roads," said Saurav Dhakal, a protester. "Kathmandu is suffering from massive air...

About Us

Daily Tech Geek delivers Technology news only covering the multiple fields in the industry.

Contact us: sales[at]dailytechgeek.com

Subscribe Now!