Laundry Folding Machine Market Size to Grow by USD 2.39 Billion; Social Factors Driving Adoption Of Laundry Folding Machines to Boost Growth

NEW YORK, Oct. 9, 2022 /PRNewswire/ — The laundry folding machine market size is expected to grow by USD 2.39 billion between 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 8.51% during the forecast period, according to Technavio. The Social factors driving the adoption of laundry folding machines have been instrumental in driving the growth of the market. However, the inability of machines to fold clothes of extreme sizes might challenge market growth. The report offers an up-to-date analysis to know the exact growth variance and the Y-O-Y growth rate Request a free sample report.

Laundry Folding Machine Market 2022-2026: Scope

Our laundry folding machine market report covers the following areas:

Laundry Folding Machine Market 2022-2026: Segmentation

The laundry Folding Machine Market is segmented as below:

The laundry folding machine market share growth by the apparel manufacturers segment will be significant during the forecast period. Apparel manufacturers are the major end-users of laundry folding machines. The increasing use of automation in the apparel industry plays an important role in enhancing the growth of the global laundry folding machine market. Moreover, apparel manufacturers produce and supply garments in bulk to retailers or to wholesale suppliers. Laundry folding machines are mainly used by apparel manufacturers for folding fabrics, textiles, and clothes. These factors will boost segment growth in the near future.

The automatic folding machine can handle different various types of clothes regardless of color, size, and material. An automatic laundry folding machine is also designed to steam, de-wrinkle, and even soften each article of clothing, as it gently folds them. It is also cost-effective to build, operate and maintain without compromising robustness. Such factors are expected to boost the growth of the global laundry folding machine market during the forecast period.

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34% of the market’s growth will originate from APAC during the forecast period. Increasing adoption of automated solutions will facilitate the laundry folding machine market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

Laundry Folding Machine Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Laundry Folding Machine Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Laundry Folding Machine Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support. To know more about this rate Request a free sample report.

Laundry Folding Machine Market 2022-2026: Key Highlights

• CAGR of the market during the forecast period 2022-2026

• Detailed information on factors that will assist laundry folding machine market growth during the next five years

• Estimation of the laundry folding machine market size and its contribution to the parent market

• Predictions on upcoming trends and changes in consumer behavior

• The growth of the laundry folding machine market

• Analysis of the market’s competitive landscape and detailed information on vendors

• Comprehensive details of factors that will challenge the growth of laundry folding machine market vendors

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Table Of Contents :

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by End-user

6 Market Segmentation by Type

7 Customer Landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio