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
Research Methodology: Commercial Tumble Dryers Market - Global Market Assessment, 2021 - 2028
The research process involves the exhaustive study of several factors impacting industry dynamics such as competitive landscape, government policies, historical outlook, current market scenario, and other macro/micro factors. The whole research process is divided into three stages namely: Secondary Research, Primary Research, and Data Triangulation. The ratio of the resources involved in each stage differs as per the data availability for a particular section of the report or as per the market dynamics. We have conducted more than 150 primary interviews during the Commercial Tumble Dryers market study either through mail or telephone call. Out of the total primary respondents, 30% were from North America, 24% were from Europe, 33% were from the Asia Pacific, and the rest of the respondents were from Latin America and MEA
Secondary Research
Primary Research:
After the secondary research, primary research was used to derive and estimate market numbers for mentioned segments/sub-segments in the Commercial Tumble Dryers market. During the primary data collection process, the secondary data was analyzed and revalidated through exhaustive primary research. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end0use industry, and estimate future trends within the market.
Data Triangulation and Market Size Estimations
Top-down and bottom-up approaches are used to validate and estimate the market size of the Commercial Tumble Dryers market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statistics and future market trends.
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.
