Commercial Washing Machine Market will register a CAGR of 3% during 2020-2024. The market’s growth momentum will Accelerate.
growing hospitality industry will be one of the major factors driving the growth of this market. Additionally, key Commercial Washing Machine Market trends such as the rising adoption of multi-housing laundry washing machine will also influence market growth during the forecast period.
Commercial Washing Machine Market Size
During the forecast period, the Commercial Washing Machine Market size will grow by USD 400.47 mn.
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Commercial Washing Machine Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Commercial Washing Machine Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the will also challenge the growth of the companies.
Alliance Laundry System LLC | BOWE Textile Cleaning GmbH | Girbau North America Inc. | Dexter Apache Holdings Inc. | Electrolux AB | Haier Smart Home Co. Ltd. | Herbert Kannegiesser GmbH | Miele & Cie. KG | Pellerin Milnor Corp. | Whirlpool Corp..list
are some of the companies covered in Technavio’s Commercial Washing Machine Market report for 2020-2024.
Commercial Washing Machine Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Commercial Washing Machine Market.
The Europe will account for the largest Commercial Washing Machine Market share and during 2020-2024, the region will contribute to 34% of the market’s growth.