NEW YORK, July 7, 2022 /PRNewswire/ -- The global laundry folding robots market is expected to grow by USD 495.98 million from 2020 to 2025 at a CAGR of 38.86% as per the latest market report by Technavio. 39% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for the laundry folding robots market in APAC. Market growth in this region will be slower than the growth of the market in the European and North American regions. The increasing economic prosperity in the countries, rise in purchasing power and disposable income, growing working-class population, increasing adoption of automated solutions, and the emergence of smart cities will facilitate the laundry folding robots market growth in APAC over the forecast period.
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Laundry Folding Robots Market: Vendor Analysis
The laundry folding robots market is concentrated and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.
- Consolidated Laundry Machinery - The company offers high output CLM SPF 1 towel folder for machines
- FoldiMate Inc. - The company offers a robotic folding full laundry load of around 25 items in less time than it takes to brew a cup of coffee.
- Herbert Kannegiesser GmbH - The company offers folding robots which have substantial efficiency improvements in terms of finished pieces produced per operator hour.
- Panasonic Corp. - The company offers a washing machine that folds away clean clothes, a voice-responsive mobile fridge, and a smart sake cooler.
- Ramsons Garment Finishing Equipment Pvt. Ltd. - The company offers hygienic and vertical washing machines.
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Read the 120-page report with TOC on "Laundry Folding Robots Market Analysis Report by End User (Residential and Commercial) and Geography (APAC, North America, Europe, MEA, and South America), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/laundry-folding-robots-market-industry-analysis
Laundry Folding Robots Market: Market Dynamics
- Driver: The laundry folding robots market is driven by the growing acceptance of personal service robots.
- Trend: Increased funding through partnerships and crowdfunding platforms is anticipated to fuel the market growth of the laundry folding robots market.
- Challenges: The inability of robots to fold clothes of extreme sizes is the major hindrance to the growth of the laundry folding robots market.
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- Residential - size and forecast 2020-2025
- Commercial - size and forecast 2020-2025
- APAC - size and forecast 2020-2025
- North America - size and forecast 2020-2025
- Europe - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
- South America - size and forecast 2020-2025
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Laundry Folding Robots Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 38.86% |
Market growth 2021-2025 | USD 495.98 million |
Market structure | Concentrated |
YoY growth (%) | 27.89 |
Performing market contribution | APAC at 39% |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Consolidated Laundry Machinery, FoldiMate Inc., Herbert Kannegiesser GmbH, Panasonic Corp., Ramsons Garment Finishing Equipment Pvt. Ltd., Sara Equipments, Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd., Sunrise Garment Machinery Pvt. Ltd., and Welco Garments Machinery Pvt. Ltd. |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Global Industrial Machinery Market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 15: End-user - Market share 2020-2025 (%)
- 5.2 Comparison by End-user
- Exhibit 16: Comparison by End-user
- 5.3 Residential - Market size and forecast 2020-2025
- Exhibit 17: Residential - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Residential - Year-over-year growth 2020-2025 (%)
- 5.4 Commercial - Market size and forecast 2020-2025
- Exhibit 19: Commercial - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Commercial - Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by End-user
- Exhibit 21: Market opportunity by End-user
6 Customer landscape
- 6.1 Customer landscape
- Exhibit 22: Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 23: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 24: Geographic comparison
- 7.3 APAC - Market size and forecast 2020-2025
- Exhibit 25: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 26: APAC - Year-over-year growth 2020-2025 (%)
- 7.4 North America - Market size and forecast 2020-2025
- Exhibit 27: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 28: North America - Year-over-year growth 2020-2025 (%)
- 7.5 Europe - Market size and forecast 2020-2025
- Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
- 7.6 MEA - Market size and forecast 2020-2025
- Exhibit 31: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 32: MEA - Year-over-year growth 2020-2025 (%)
- 7.7 South America - Market size and forecast 2020-2025
- Exhibit 33: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 34: South America - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 35: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- Exhibit 37: Impact of drivers and challenges
- 8.3 Market trends
9 Vendor Landscape
- 9.1 Vendor landscape
- Exhibit 38: Vendor landscape
- 9.2 Landscape disruption
- Exhibit 39: Landscape disruption
- Exhibit 40: Industry risks
- 9.3 Customer Landscape
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 41: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 42: Market positioning of vendors
- 10.3 Consolidated Laundry Machinery
- Exhibit 43: Consolidated Laundry Machinery - Overview
- Exhibit 44: Consolidated Laundry Machinery - Product and service
- Exhibit 45: Consolidated Laundry Machinery - Key offerings
- 10.4 FoldiMate Inc.
- Exhibit 46: FoldiMate Inc. - Overview
- Exhibit 47: FoldiMate Inc. - Product and service
- Exhibit 48: FoldiMate Inc. - Key offerings
- 10.5 Herbert Kannegiesser GmbH
- 10.6 Panasonic Corp.
- Exhibit 52: Panasonic Corp. - Overview
- Exhibit 53: Panasonic Corp. - Business segments
- Exhibit 54: Panasonic Corp. - Key offerings
- Exhibit 55: Panasonic Corp. - Segment focus
- 10.7 Ramsons Garment Finishing Equipment Pvt. Ltd.
- Exhibit 56: Ramsons Garment Finishing Equipment Pvt. Ltd. - Overview
- Exhibit 57: Ramsons Garment Finishing Equipment Pvt. Ltd. - Product and service
- Exhibit 58: Ramsons Garment Finishing Equipment Pvt. Ltd. - Key offerings
- 10.8 Sara Equipments
- Exhibit 59: Sara Equipments - Overview
- Exhibit 60: Sara Equipments - Product and service
- Exhibit 61: Sara Equipments - Key offerings
- 10.9 Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd.
- Exhibit 62: Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd. - Overview
- Exhibit 63: Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd. - Product and service
- Exhibit 64: Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd. - Key offerings
- 10.10 Sunrise Garment Machinery Pvt. Ltd.
- Exhibit 65: Sunrise Garment Machinery Pvt. Ltd. - Overview
- Exhibit 66: Sunrise Garment Machinery Pvt. Ltd. - Product and service
- Exhibit 67: Sunrise Garment Machinery Pvt. Ltd. - Key offerings
- 10.11 Welco Garments Machinery Pvt. Ltd.
- Exhibit 68: Welco Garments Machinery Pvt. Ltd. - Overview
- Exhibit 69: Welco Garments Machinery Pvt. Ltd. - Product and service
- Exhibit 70: Welco Garments Machinery Pvt. Ltd. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Currency conversion rates for US$
- Exhibit 71: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 72: Research Methodology
- Exhibit 73: Validation techniques employed for market sizing
- Exhibit 74: Information sources
- 11.4 List of abbreviations
- Exhibit 75: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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.
Technavio Research
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Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
SOURCE Technavio
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