Global Commercial Tumble Dryers Market is Expected to Reach USD 1054.3 Million and Compound Annual Growth Rate (CAGR) is 3.2% Forecast Period 2022-2028
Commercial tumble dryers are designed to handle large loads of laundry efficiently and quickly. These machines are used in hotels, hospitals, laundromats, and other commercial settings where a large volume of laundry needs to be washed and dried. The global commercial tumble dryers market is expected to witness significant growth in the coming years due to the increasing demand for laundry services and the rising number of commercial laundromats worldwide.
The growing demand for laundry services is the primary driver of the commercial tumble dryers market. With the increase in the number of commercial laundromats and laundry services, the demand for commercial tumble dryers has also increased. The adoption of energy-efficient tumble dryers has also contributed to the growth of the market.
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Another significant driver of the commercial tumble dryers market is the increasing number of hotels and hospitals worldwide. These institutions require high-capacity laundry equipment to handle large volumes of laundry efficiently. The need for quick and efficient laundry services in these institutions has contributed to the growth of the market.
Based on product type, the global commercial tumble dryers market can be segmented into gas tumble dryers and electric tumble dryers. Gas tumble dryers are more energy-efficient than electric tumble dryers and are preferred in commercial settings. Based on capacity, the market can be segmented into small, medium, and large-capacity tumble dryers.
Major Prominent Key Players of Commercial Tumble Dryers Market
Schulthess
Samsung
American Dryer
Dexter Laundry
Haier
Electrolux Professional
Maytag
Renzacci
Pellerin Milnor
ASKO
Miele Professional
Alliance
LG
GIRBAU
Danube
Global Commercial Tumble Dryers Market: By Types
Gas Tumble Dryer
Electric Tumble Dryer
Global Commercial Tumble Dryers Market: By Applications
On-premise Laundromats(OPL)
Coin-operated Laundromats (COL)
Multi-family Laundromats (MFL)
Global Commercial Tumble Dryers Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Commercial Tumble Dryers market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
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