Global Laundry Care Cabinets Market Growth 2023-2029

Global Laundry Care Cabinets Market Growth 2023-2029

Product Code:464066

Published Date: Feb 08,2023

Pages: 108

Region: Global

Category: Machinery & Equipment

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Laundry Care Cabinets are cabinet which used to dry and clean clothing. Laundry refers to the washing of clothing and other textiles and more broadly, their drying and ironing as well. Laundry has been part of history since humans began to wear clothes, so the methods by which different cultures have dealt with this universal human need are of interest to several branches of scholarship. Laundry work has traditionally been highly gendered, with the responsibility in most cultures falling to women (formerly known as laundresses or washerwomen). The Industrial Revolution gradually led to mechanized solutions to laundry work, notably the washing machine and later the tumble dryer. Laundry, like cooking and child care, is still done both at home and by commercial establishments outside the home.

A drying cabinet is today usually an electrical machine designed to expedite the drying of items - usually clothing - that are unsuitable for a mechanical clothes dryer. Such items may include delicate clothing designated as "hang dry", "dry flat" or "do not tumble dry" on their wash instructions, as well as items such as comforters, boots and coats.

LPI (LP Information)' newest research report, the “Laundry Care Cabinets Industry Forecast” looks at past sales and reviews total world Laundry Care Cabinets sales in 2022, providing a comprehensive analysis by region and market sector of projected Laundry Care Cabinets sales for 2023 through 2029. With Laundry Care Cabinets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laundry Care Cabinets industry.

This Insight Report provides a comprehensive analysis of the global Laundry Care Cabinets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laundry Care Cabinets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laundry Care Cabinets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laundry Care Cabinets and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laundry Care Cabinets.

The global Laundry Care Cabinets market size is projected to grow from US$ 585.9 million in 2022 to US$ 957 million in 2029; it is expected to grow at a CAGR of 957 from 2023 to 2029.

Global Laundry Care Cabinets key players include Electrolux Professional, LG, V-ZUG, etc. Global top 3 manufacturers hold a share over 62%.

Europe is the largest market, with a share about 48%, followed by North America, and Asia Pacific, both have a share about 20 percent. 
In terms of product, Steam Cabinets is the largest segment, with a share over 56%. And in terms of application, the largest application is Commercial.

This report presents a comprehensive overview, market shares, and growth opportunities of Laundry Care Cabinets market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Drying Cabinets
    Steam Cabinets

Segmentation by application
    Commercial
    Household

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Electrolux Professional
    Primus(Alliance Laundry Systems)
    Nimoverken
    ASKO (Gorenje Acquired by Hisense)
    PODAB
    LG
    Coway
    Samsung
    V-ZUG
    Staber

Key Questions Addressed in this Report
What is the 10-year outlook for the global Laundry Care Cabinets market?
What factors are driving Laundry Care Cabinets market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Laundry Care Cabinets market opportunities vary by end market size?
How does Laundry Care Cabinets break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?