Commercial Washing Machine Manufacturing
Steady US population growth and urbanization over the five years to 2018 have boosted demand for toploading, frontloading and other machines produced by the Commercial Washing Machine Manufacturing industry. During this period, increasing employment and disposable income led to gradually declining apartment vacancy rates. While new home purchases have also exhibited strength, vacancy rates have been continually declining in line with demographic trends. With more people living in tighter spaces, demand from downstream laundromats and other professional cleaning services modestly improved. In the five years to 2023, industry revenue is expected to continue rising.
This industry manufactures commercial washing machines. Commercial washing machines are most commonly used in laundromats and multifamily homes and are typically coin-operated. Excluded from this industry are automated or continuous tunnel washers, which are used in the textile manufacturing and healthcare markets.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook