PUBLISHER: QYResearch | PRODUCT CODE: 1072021
PUBLISHER: QYResearch | PRODUCT CODE: 1072021
Due to the COVID-19 pandemic, the global Commercial Washing Machines market size is estimated to be worth US$ 4450.45 million in 2022 and is forecast to a readjusted size of US$ 5575.36 million by 2028 with a CAGR of 3.83% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, washers accounting for 72.34% of the Commercial Washing Machines global market in 2021, is projected to value US$ 4079.90 million by 2028, growing at a revised 3.98% CAGR from 2022 to 2028. While Hotels segment is altered to an 3.57% CAGR throughout this forecast period.
China Commercial Washing Machines market size was US$ 470.52 million in 2021, while the US and Europe Commercial Washing Machines were US$ 1209.30 million and US$ 1395.13 million, severally. The proportion of the US was 28.03% in 2021, while China and Europe are 10.91% and 32.34% respectively, and it is predicted that China proportion will reach 13.36% in 2028, trailing a CAGR of 6.39% through the analysis period. Japan, South Korea, and India are noteworthy markets in Asia, with CAGR 3.36%, 5.31%, and 6.61% respectively for the next 6-year period. As for the Europe Commercial Washing Machines landscape, Germany is projected to reach US$ 418.15 million by 2028 trailing a CAGR of 2.94% over the forecast period.
The global key manufacturers of Commercial Washing Machines include Alliance Laundry System, Whirlpool, Miele, Electrolux Professional, Herbert Kannegiesser GmbH, Jensen Group, Pellerin Milnor Corporation, LG Commercial, and Girbau, etc. In 2021, the global top five players hold a share approximately 55.01% in terms of revenue.
Commercial Washing Machines market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Commercial Washing Machines market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type, and by Application for the period 2017-2028.
Tabl