Dublin, June 08, 2020 (GLOBE NEWSWIRE) -- The "Commercial Laundry Machinery - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Commercial Laundry Machinery market worldwide is projected to grow by US$1.8 Billion, driven by a compounded growth of 5.6%. Washers, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$2.4 Billion by the year 2025, Washers will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 5.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$121.1 Million to the region's size and clout in the next 5 to 6 years. Over US$215.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Washers will reach a market size of US$92.4 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7.4% over the next couple of years and add approximately US$228.8 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
Competitors identified in this market include, among others:
- Alliance Laundry Systems, LLC
- BA-WE Textile Cleaning GmbH
- CMV Sharper Finish, Inc.
- Dexter Apache Holdings, Inc.
- EDRO Corporation
- Electrolux Professional AB
- Forenta LP
- Girbau S.A.
- Hoffman/New Yorker, Inc.
- IFB Appliances
- JLA Limited
- Kannegiesser E-Tech, Inc.
- Kenmore
- LG Electronics
- Miele Inc.
- Pellerin Milnor Corporation
- Qualitex Company
- Shanghai Sailstar Machinery Co., Ltd.
- Unipress Corporation
- Whirlpool Corporation.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- An Introduction to Commercial Laundry Machinery
- Commercial Laundry Machinery: Current Market Scenario and Outlook
- Factors Affecting Consumer Purchases
- While Developed Regions Remain Dominant Consumers, Developing Regions Extend Robust Growth Opportunities
- Washing Machines: Largest Product Segment
- Top-Loading Washers Vs. Front-Loading Washers
- Top-Loading Washers: Overview, Advantages and Limitations
- Front-Loading Washers: Overview, Advantages and Limitations
- Washer-Extractors, the High-Capacity Washing Machines, Emerge in the Market
- Commercial Dryers Segment Continues to Make Gains
- Dry Cleaning Equipment Segment Exhibits Fast Paced Growth
- Role & Importance of Commercial Laundry Presses Remains Intact
- Market for Presses & Finishing Equipment: Characterized by Regional Variations
- Commercial Wet Ironing Machines: An Overview
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/is39lh
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