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(I-AutoNewsWire.com, November 15, 2017 ) The lifestyle of working class population worldwide is increasingly becoming hectic and fast-paced. These conditions have created a demand for devices and services that will enable people to do their daily chores faster. This trend has, among other things, created a demand for commercial on-demand laundry services and increased the demand for commercial laundry washing machines globally; laundromats, on-demand laundry services, and other commercial laundry services are in high demand among because of an increase in disposable income and rise in dual-income families. Publisher's analysts forecast the global commercial washing machine market to grow at a CAGR of 4.53% during the period 2016-2020.
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Covered in this report The report covers the present scenario and the growth prospects of the global commercial washing machine market for 2016-2020. To calculate the market size, the report considers the revenue generated from the worldwide retail sales of commercial washing machines.
The market is divided into the following segments based on geography: -APAC -Europe -North America -ROW
Publisher's report, Global Commercial Washing Machine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors -Alliance Laundry Systems -Continental Girbau -Dexter Apache Holdings -Electrolux -Whirlpool
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Other prominent vendors -BÖWE -G.A. Braun -GE -R. Stahl -JLA -Lead Laundry and Catering -LG Electronics -Miele Company -Pellerin Milnor -Renzacci -Schulthess Maschinen -Shanghai Shenguang Laundry Machinery Group -Stefab
Market driver -Increase in number of laundromats and growth of online laundry services in APAC. -For a full, detailed list, view our report
Market challenge -Logistics challenge for online laundry services in developing economies. -For a full, detailed list, view our report
Market trend -Introduction of water saving technologies in commercial washing machines. -For a full, detailed list, view our report
Key questions answered in this report -What will the market size be in 2020 and what will the growth rate be? -What are the key market trends? -What is driving this market? -What are the challenges to market growth? -Who are the key vendors in this market space? -What are the market opportunities and threats faced by the key vendors? -What are the strengths and weaknesses of the key vendors?
For more information about this report: http://www.reportsweb.com/global-commercial-washing-machine-market-2016-2020
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Rajat Sahni
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Source: EmailWire.Com
Source: EmailWire.com
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