Commercial Tumble Dryers Market
Commercial Tumble Dryers Market Global Industry Assessment & Forecast
#
Pages:
170
2021
Nov - 2021
VMR-2021-0450
Segments Covered
By
Product Electricity -Tumble, DryersGas-Tumble Dryers
-
By
Application Multi-family Laundromats, Coin-operated Laundromats, On-premise Laundromats
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
819.6 Million |
 Revenue 2028:
|
1054.3 Million |
 Revenue CAGR
(2021 - 2028): |
3.2 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Product, Application, , and region. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecast, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Product, the market is divided into Electricity -Tumble , DryersGas-Tumble Dryers. DryersGas-Tumble Dryers held the largest share in 2020 and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Multi-family Laundromats, Coin-operated Laundromats, On-premise Laundromats. Multi-family Laundromats attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Commercial Tumble Dryers Market: Product Segment Analysis
-
- Electricity -Tumble
- DryersGas-Tumble Dryers
Global Commercial Tumble Dryers Market: Application Segment Analysis
-
- Multi-family Laundromats
- Coin-operated Laundromats
- On-premise Laundromats
FAQ
Frequently Asked Question
What is the global demand for Commercial Tumble Dryers in terms of revenue?
-
The global Commercial Tumble Dryers valued at 819.6 Million in 2020 and is expected to reach 1054.3 Million in 2028 growing at a CAGR of 3.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Haier, LG, Danube, Electrolux Professional, Miele Professional, Samsung, American Dryer, Renzacci, Dexter Laundry, ASKO, Maytag, Alliance, GIRBAU, Schulthess, Pellerin Milnor..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Commercial Tumble Dryers include
- With the increasing industrilization and commercialization, the demand for commercial tumble dryers is increasing as it has large operation flexibility as well as the strong adaptability and huge processing capacity. These factors are considered to drive the growth of the market during the forecast period.
- Furthermore,the growing disposeable income, and rapid urbanization are also expected to drive the market growth in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Commercial Tumble Dryers in 2020.
