NEW YORK , Oct. 9, 2022 /PRNewswire/ -- The laundry folding machine market size is expected to grow by USD 2.39 billion between 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 8.51% during the forecast period, according to Technavio. The Social factors driving the adoption of laundry folding machines have been instrumental in driving the growth of the market. However, the inability of machines to fold clothes of extreme sizes might challenge market growth. The report offers an up-to-date analysis to know the exact growth variance and the Y-O-Y growth rate Request a free sample report.
Laundry Folding Machine Market 2022-2026: Scope
Our laundry folding machine market report covers the following areas:
Laundry Folding Machine Market size
Laundry Folding Machine Market trends
Laundry Folding Machine Market industry analysis
Laundry Folding Machine Market 2022-2026: Segmentation
The laundry Folding Machine Market is segmented as below:
The laundry folding machine market share growth by the apparel manufacturers segment will be significant during the forecast period. Apparel manufacturers are the major end-users of laundry folding machines. The increasing use of automation in the apparel industry plays an important role in enhancing the growth of the global laundry folding machine market. Moreover, apparel manufacturers produce and supply garments in bulk to retailers or to wholesale suppliers. Laundry folding machines are mainly used by apparel manufacturers for folding fabrics, textiles, and clothes. These factors will boost segment growth in the near future.
The automatic folding machine can handle different various types of clothes regardless of color, size, and material. An automatic laundry folding machine is also designed to steam, de-wrinkle, and even soften each article of clothing, as it gently folds them. It is also cost-effective to build, operate and maintain without compromising robustness. Such factors are expected to boost the growth of the global laundry folding machine market during the forecast period.
34% of the market's growth will originate from APAC during the forecast period. Increasing adoption of automated solutions will facilitate the laundry folding machine market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
Laundry Folding Machine Market 2022-2026: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Laundry Folding Machine Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Laundry Folding Machine Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support. To know more about this rate Request a free sample report.
Laundry Folding Machine Market 2022-2026: Key Highlights
CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist laundry folding machine market growth during the next five years
Estimation of the laundry folding machine market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the laundry folding machine market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of laundry folding machine market vendors
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Laundry Folding Machine Market Scope
Accelerate at a CAGR of 8.51%
APAC, North America, Europe, South America, and Middle East and Africa
US, Canada, China, Japan, Germany, and France
Leading companies, competitive strategies, consumer engagement scope
Consolidated Laundry LLC, Herbert Kannegiesser GmbH, Ramsons Garment Finishing Equipment Pvt. Ltd., Sara Equipments, Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd, and Sunrise Garment Machinery Pvt. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
3.4 Market outlook: Forecast for 2021-2026
5.3 Apparel manufacturers - Market size and forecast 2021-2026
5.4 Industrial launderers - Market size and forecast 2021-2026
5.5 Hotels - Market size and forecast 2021-2026
5.6 Hospitals - Market size and forecast 2021-2026
5.7 Others - Market size and forecast 2021-2026
6.3 Automatic - Market size and forecast 2021-2026
6.4 Semi-automatic - Market size and forecast 2021-2026
6.5 Manual folding machine - Market size and forecast 2021-2026
8.3 APAC - Market size and forecast 2021-2026
8.4 North America - Market size and forecast 2021-2026
8.5 Europe - Market size and forecast 2021-2026
8.6 South America - Market size and forecast 2021-2026
8.7 Middle East and Africa - Market size and forecast 2021-2026
8.8 US - Market size and forecast 2021-2026
8.9 China - Market size and forecast 2021-2026
8.10 Germany - Market size and forecast 2021-2026
8.11 Japan - Market size and forecast 2021-2026
8.12 France - Market size and forecast 2021-2026
8.13 Canada - Market size and forecast 2021-2026
9.3 Impact of drivers and challenges
11.5 Ramsons Garment Finishing Equipment Pvt. Ltd.
11.7 Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd
11.8 Sunrise Garment Machinery Pvt. Ltd.
12.3 Currency conversion rates for US$
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
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