Global Laundry Folding Robots Market Growth 2023-2029

Global Laundry Folding Robots Market Growth 2023-2029

Washing machines and dryers treat each item of clothing the same, but folding requires the appliance to identify garments and be able to physically fold them. Folding a towel is more complicated than it seems, and socks are currently impossible.Engineers at Tokyo-based company Seven Dreamers started developing a laundry-folding robot called Laundroid in 2005 and had their product "Laundroid" showed off at CSE 2018.

LPI (LP Information)' newest research report, the “Laundry Folding Robots Industry Forecast” looks at past sales and reviews total world Laundry Folding Robots sales in 2022, providing a comprehensive analysis by region and market sector of projected Laundry Folding Robots sales for 2023 through 2029. With Laundry Folding Robots sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laundry Folding Robots industry.

This Insight Report provides a comprehensive analysis of the global Laundry Folding Robots landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laundry Folding Robots portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laundry Folding Robots market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laundry Folding Robots and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laundry Folding Robots.

The global Laundry Folding Robots market size is projected to grow from US$ 3136.5 million in 2022 to US$ 10170 million in 2029; it is expected to grow at a CAGR of 10170 from 2023 to 2029.

To tackle the tedious task of folding laundry, Laundroid consists of three technologies: Image analysis, artificial intelligence, and robotics. Even though there are multiple robot arms that fold the clothes, they are hidden inside a box that is styled like Italian luxury furniture, made of leather, wood, and glass. The materials are purposefully luxurious since the price point -- starting at $16,000 for the base model -- is much higher than most home appliances.

This report presents a comprehensive overview, market shares, and growth opportunities of Laundry Folding Robots market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Fully-automatic
Half-automatic

Segmentation by application
Residential
Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
FoldiMate
Seven Dreamers
Panasonic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Laundry Folding Robots market?

What factors are driving Laundry Folding Robots market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Laundry Folding Robots market opportunities vary by end market size?

How does Laundry Folding Robots break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.