Vended Laundry Equipment Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


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Persistence Market Research

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The vended laundry equipment are the laundry equipment used at commercial places, for washing, drying, and bleaching of clothes. The vended laundry equipment are part of the commercial laundry systems and are also sometimes called as coin-operated laundry systems and are self-service equipment. The vended laundry equipment are available at privately owned laundry business. The growth of the vended laundry equipment is fuelled by the changing lifestyle of the developing countries, as the technology has made life speedier and customers find it easier to depend on automated and paid services rather than the domestic equipment. In already developed countries, where a market is in the growth phase, new features of the vended laundry equipment, that is, more efficient technology is expected to retain the stability of the vended laundry equipment market here.

Vended Laundry Equipment Market: Segmentation

The vended laundry equipment market can be segmented on the basis of technology and equipment.

On the basis of technology, the vended laundry equipment market can be segmented as coin-operated laundry, coinless payment laundry, and remote controlled laundry. The coinless payment laundry includes have amenities such as high-speed Wi-Fi, lighting systems, and other facilities make these devices very user-friendly. Remote management is a new automation feature which has made business easier for laundromat owners.

On the basis of type, the vended laundry equipment market can be segmented as washers, washer-extractors, and dryers. The washers segment can be further sub-segmented as stack-washer dryers, front-load washers, and top-load washers. The dryers segment can be further sub-segmented as single dryers and tumble dryers.

Vended Laundry Equipment Market: Drivers, Restraints, and Trends

The vended laundry equipment market has seen a stable growth in the recent period due to technological advancement. The new automation features are speedier and are enabling the laundromat owners to spend less time on-site. Also, remote management of vended laundry equipment does not require the presence of an attendant, saving owners’ funds spent on employee wages. The new laundry features and the changing lifestyle of the consumers together have significantly fuelled the growth of vended laundry equipment market. The consumers opting for a more sustainable practice of washing is a recent trend in the vended laundry equipment market. New innovations such as replacing the use of water by polymer beads, and also replacing detergents with electrolyzed water and ultrasonic waves are likely to attract consumer attention and boost the growth of the vended laundry equipment market. However, laundromat owner may have to invest huge amount of money in the servicing of the laundry equipment, and constant management and time is required to check in the issues such as broken equipment, replacement of old devices with new ones, possible leakages in the drain system of the devices and conditions of the coin-slot mechanism of the equipment.

Vended Laundry Equipment Market: Regional Outlook

The vended laundry equipment market sees stable growth in the North America market, as the usage of vended laundry equipment here is old and the market is highly saturated. In Latin America, owners are coming up with innovative strategies in the vended laundry equipment market, by making the launderettes a social center. The investment in services such as television and beverage is a new trend in these markets. Many owners are focusing on making launderettes a community hub and creating a friendly and enjoyable cleaning experience for customers. In Europe, people are opting for a more sustainable practice of cleaning, and going more low-temperature washing, reported by Europe’s International Association of Soaps, Detergents and Maintenance Products (AISE) in 2013. Asia-Pacific is likely to show a significant rise in the vended laundry equipment market. The saturation in other markets creates a good opportunity for investors in Asia and Pacific. The growing disposable income of the customers in this region will also fuel the growth of the vended laundry equipment market in this region. In Middle-East, the growth of the vended laundry equipment market is triggered by heavy tourism, which makes vended laundry equipment a necessity in this region. The African region is likely to exhibit a comparatively slow growth in the vended laundry equipment market, due to less disposable income of the customers here.

Vended Laundry Equipment Market: Key Players

The key players in Vended Laundry Equipment are Girbau S.A., Alliance Laundry Systems LLC, Dexter Laundry Inc, Whirlpool Corp, Maxi Companies, Yamamoto Manufacturing Co., Ltd, and Pellerin Milnor Corporation.

The report covers exhaustive analysis on:

Vended Laundry Equipment Market Segments Vended Laundry Equipment Market Dynamics Historical Actual Market Size, 2015 - 2016 Vended Laundry Equipment Market Size & Forecast 2017 to 2025 Supply & Demand Value Chain Vended Laundry Equipment Market Current Trends/Issues/Challenges Competition & Companies involved Technology Value Chain Vended Laundry Equipment Market Drivers and Restraints

Regional analysis for Vended Laundry Equipment Market includes:

North America

 Report Highlights:

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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