COVID-19 market impact analysis anticipates Negative and Inferior growth of the commercial washing machine market, while 34% of the market’s growth will originate from Europe during the forecast period, according to Technavio report Global commercial washing machine market with COVID-19 analysis.
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Technavio has announced its latest market research report titled Global Commercial Washing Machine Market 2020-2024 (Graphic: Business Wire)
The growth of the hospitality industry will be one of the major factors that will drive commercial washing machine market growth during the forecast period. There is a high demand for commercial washing machines from the hospitality industry and it is increasingly used in hotels, resorts, and other establishments. With numerous popular hotel chains focusing on increasing their presence by setting up new hotels at multiple locations, the adoption of commercial washing machines will increase during the forecast period. Furthermore, this industry research report also presents a competitive analysis of the market by type (front-loading and top-loading) and geography (Europe, North America, APAC, MEA, and South America).
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Competitive vendor landscape
The global commercial washing machine market is highly competitive with major vendors such as Alliance Laundry System LLC, BOWE Textile Cleaning GmbH, Girbau North America Inc., Dexter Apache Holdings Inc., Electrolux AB, Haier Smart Home Co. Ltd., Herbert Kannegiesser GmbH, Miele & Cie. KG, Pellerin Milnor Corp., and Whirlpool Corp., competing based on price, quality, and market presence.
“Apart from the growing hospitality industry, the demand of online laundry market and rising adoption of multi-housing laundry washing machine are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.
Top Five Commercial Washing Machine Market Vendors
Alliance Laundry System LLC
Alliance Laundry System LLC offers a wide range of washing machines. Some of the products offered by the company are Speed Queen, UniMac, Primus, Huebsch, and IPSO.
BOWE Textile Cleaning GmbH
BOWE Textile Cleaning GmbH operates its business under commercial washing machines segment. The company offers different commercial washing machines and laundry systems such as PremiumLine, BÖWE Black Forest Edition, M70, InduLine, SI70, iLine, Laundry Systems, Secondhand-Machines, and SENSENE.
Girbau North America Inc.
Girbau North America Inc. has business operations under laundry Systems segment. The company offers laundry systems under its brands Continental Girbau, Girbau Industrial, OnePress Ironer, Sports Laundry Systems, LG Commercial, Econo Light Commercial, and Express Laundry Centers.
Dexter Apache Holdings Inc.
Dexter Apache Holdings Inc. operates its business under a unified segment. The company offers front-loading washers and dryers.
Electrolux AB operates its businesses in Europe, North America, Latin America, and APAC and MEA. The company offers Washers & Dryers, Pedestal Drawers, and Laundry Accessories.
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Table of Contents:
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Front-loading – Market size and forecast 2019-2024
- Top-loading – Market size and forecast 2019-2024
- Market opportunity by type
- Geographic segmentation
- Geographic comparison
- Europe – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Alliance Laundry System LLC
- BOWE Textile Cleaning GmbH
- Girbau North America Inc.
- Dexter Apache Holdings Inc.
- Electrolux AB
- Haier Smart Home Co. Ltd.
- Herbert Kannegiesser GmbH
- Miele & Cie. KG
- Pellerin Milnor Corp.
- Whirlpool Corp.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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