Global Laundry Folding Robots Market 2024-2028
The laundry folding robots market is forecasted to grow by USD 36023.6 mn during 2023-2028, accelerating at a CAGR of 60.67% during the forecast period. The report on the laundry folding robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing acceptance of personal service robots, social factors driving adoption of laundry folding robots, and rising middle class and increasing disposable income in countries.
Technavio's laundry folding robots market is segmented as below:
- By End-user
- Residential
- Commercial
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increased funding through partnerships and crowdfunding platforms as one of the prime reasons driving the laundry folding robots market growth during the next few years. Also, inclusion of artificial intelligence (ai) and internet of things (iot) integration in robots will lead to sizable demand in the market.
The report on the laundry folding robots market covers the following areas:
- Laundry folding robots market sizing
- Laundry folding robots market forecast
- Laundry folding robots market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laundry folding robots market vendors that include Consolidated Laundry LLC, Herbert Kannegiesser GmbH, Panasonic Holdings Corp., Ramsons Garment Finishing Equipment Pvt. Ltd., Sara Equipments, Shanghai Flying Fish Machinery Manufacturing Co., Ltd, Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd, Shanghai Xunduo laundry Equipment Co,.Ltd., Sunrise Garment Machinery Pvt. Ltd., and Welco Garments Machinery Pvt. Ltd.. Also, the laundry folding robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.