According to the report, the Commercial Heavy-Duty Laundry Machinery market is expected to grow from USD 2,212 million in 2019 to USD 2,860 million by 2026, growing at a CAGR of 3.76% from 2019 to 2026.
Market Overview
The global Commercial Heavy-Duty Laundry Machinery market is estimated to be USD 2,212 million in 2019 and is expected to reach USD 2,860 million by 2026, with a CAGR of 3.76% during the forecast period.
Due to the impact of economic crisis, Commercial Heavy-Duty Laundry Machinery market developed rapidly in recent years. However, with the recovery trend of economy, Commercial Heavy-Duty Laundry Machinery market will keep growing. Viewed from the supply side, there are many manufacturers in the Commercial Heavy-Duty Laundry Machinery industry, while from the demand side; the current demand for Commercial Heavy-Duty Laundry Machinery is growing.
Commercial Heavy-Duty Laundry Machinery is a kind of laundry machinery which is applied in commercial use and industrial use. Different from household appliance, Commercial Heavy-Duty Laundry Machinery is widely used in laundry room, garment factory, hotel and other fields. Commercial heavy-duty laundry machineries have various specifications.
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Competitive Insights
Key players operating in this market include JENSEN-GROUP, Alliance Laundry, Miele, Electrolux, Fagor, Kannegiesser, Firbimatic, Girbau, JLA, Sea-Lion Machinery, Pellerin Milnor, Sailstar, Dexter, Braun, CSM, Easton, EDRO, Jieshen, and Flying Fish Machinery.
Regional Insights
North America, especially the United States, dominate the Commercial Heavy-Duty Laundry Machinery market with a share of 32.55% and will still play an important role which cannot be ignored. Any changes from the United States might affect the development trend of Commercial Heavy-Duty Laundry Machinery. The Asia-Pacific is the second largest market with a share of 31.89% and will occupy for more market share in the following years, especially in China, also fast-growing India and Southeast Asia regions. Europe occupied 29.76% of the market share.
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Based on the type, the Commercial Heavy-Duty Laundry Machinery market can be segmented into Dry Cleaning Machine, Dryers, and Washers.
Application Insights
Based on application, the Commercial Heavy-Duty Laundry Machinery market is divided into Hotel & Hospital, Garment Factory, and Laundry Room.
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Audience
l Commercial Heavy-Duty Laundry Machinery manufacturers
l Distributors and resellers of Commercial Heavy-Duty Laundry Machinery
l Commercial Heavy-Duty Laundry Machinery industry associations
l Product managers, Commercial Heavy-Duty Laundry Machinery industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
l Raw material suppliers of Commercial Heavy-Duty Laundry Machinery
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