Commercial Washing Machines Market 2019 Growth Factor by Demand, Regions, Analysis of Key Players and Forecasts to 2023

Pune India - October 10, 2019 /MarketersMedia/ —

Commercial Washing Machines Industry 2019

Description:-

Commercial washing machines are used at hotels, hospitals, laundry homes and other places for washing clothes and linens. These washing machines are bulky, heavy and made of good quality stainless steel to minimize corrosion. Commercial washers built for general public use are installed in launderettes in large numbers. The growing demand for efficient laundry systems in homes, commercial settings and other places is expected to boost the market for commercial laundry machines in many countries around the world.

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Key players
Alliance Laundry Systems
Continental Girbau
Dexter Apache Holdings
Electrolux
Whirlpool
BOWE
Herbert Kannegiesser GmbH
Miele
Pellerin Milnor
EDRO Corporation
Fagor
Firbimatic
LG
Haier
Jieshen
Shanghai Sailstar Machinery (Group) Co., Ltd
Jiangsu Sea-Lion Machinery Co., Ltd
Shanghai Flying Fish Machinery Manufacturing Co., Ltd

Based on operations, the commercial laundry machines are segmented into vended, multi-housing and on-premises. Vended machines are card or coin-operated machines, while the on-premises ones are those that are installed at apartment spaces. Multi-housing machines are installed by the landlords for their tenants. With an increase in disposable income and people becoming more aware about hygienic and effective cleaning systems, report analysts believe that the global market for commercial washing machines will grow at a CAGR of about 5.31% during the period 2018-2022.

With population growth, the demand for efficient laundry systems is increasing in different regions across the globe. The market for commercial washing machines is also witnessing an upsurge in hotels and hospitals. These washing machines can wash clothes at high speeds and low costs. There is a high demand for washing machines in the hospitality industry as well. An increase in the number of hotel chains at many locations around the world is driving the growth in demand for commercial laundry machines.

Segmentation:

The global market for commercial washing machines is segmented into types, operations, and applications.
By types, the market is divided into front-load commercial laundry machine and top-load commercial laundry machine.
By operations, the market is divided into multi-housing, on-premises and vended. The vended type washing machine is most popular as it washes clothes quickly and efficiently.

By applications, the market is divided into hotels, hospitals, laundry homes, schools and others. Hospitals and hotels have to maintain clean towels and other linen on a regular basis. Therefore, the demand for high-speed and premium washing machines is increasing in the hospitality and healthcare industry.

Regional Analysis:

The five important regions considered for analyzing the global commercial washing machines market are North America (The United States, Mexico and Canada), Central and South America (Brazil, Columbia, Argentina and rest of the region), Europe (Italy, France, Spain, UK, Germany and Russia), Asia-Pacific (Japan, South Korea, India, China, Australia and Southeast Asia), and the Middle East and Africa (UAE, Saudi Arabia, Turkey, Nigeria, Egypt and South Africa).

North America is expected to dominate the global market for commercial laundry machines. There is a growing demand for advanced and energy-efficient commercial machines by residential customers in the region. Europe is the second most important region for commercial laundry machines and is expected to hold an important share during the forecast period. Commercial laundry machines are gaining popularity in the Asia-Pacific region as well, especially in India and China.

Industry News:

Xeros Technology Group, a UK-based company, has entered into an agreement with the Indian home appliance manufacturer IFB. Under this agreement, Xeros’ will supply water-saving technology to IFB for use in domestic and commercial washing machines. IFB will make and sell machines incorporating the Xeros technology from 2020-2021 in India.

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Table of Contents – Major Key Points

1 Market Overview

2 Manufacturers Profiles

3 Global Commercial Washing Machines Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)

4 Global Commercial Washing Machines Market Analysis by Regions

5 North America Commercial Washing Machines by Countries

Continued….

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