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The laundry folding machine market size is estimated to grow by USD 1.16 billion at a CAGR of 4.5% between 2023 and 2028. Social factors have significantly driven the adoption of laundry folding machines in various industries and households. The increasing demand for efficiency and convenience in laundry services has led to the integration of laundry folding machines in commercial laundries and hotels. Furthermore, the rising middle class and increasing disposable income in several countries have made laundry folding machines an affordable luxury for many households. This trend is particularly prominent in developing economies where the middle class is expanding rapidly. The convenience offered by these machines, which folds laundry automatically, saving time and effort, has made them an essential household appliance for many. Additionally, the growing awareness of hygiene and cleanliness has further fueled the demand for laundry folding machines.
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The market is witnessing significant growth due to the increasing demand from apparel manufacturers, industrial launderers, hotels, and hospitals for automated and efficient solutions. Automatic folding machines and manual folding machines are the two main types of folding machines in the market, with automatic machines gaining popularity due to their functionality and convenience. Commercial washers and dryers are also integral parts of the market, with the increasing adoption of automated washing equipment and advanced features such as folding algorithms, sensors, and user-friendly interfaces. The market is driven by the need for convenience improvement and home automation in busy lives. Smart home appliances and the connected home ecosystem are also influencing the market's growth. Robotics, computer vision, and artificial intelligence are being integrated into folding machines to enhance their functionality and make them more user-friendly. The future of the market lies in the development of advanced technologies and the integration of these machines into smart home solutions. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Social factors driving adoption of laundry folding machines is notably driving market growth. The market is witnessing significant growth due to several factors. With increasingly busy lifestyles, consumers are seeking automated solutions to ease the burden of household chores. Apparel manufacturers, industrial launderers, hotels, and hospitals are among the key industries investing in automatic folding machines to enhance productivity and efficiency. The tech-savvy population's growing interest in smart home appliances and connected home ecosystems is also driving demand for these machines. Moreover, the aging population's need for convenience and ease of use is another significant factor fueling market growth. Automatic folding machines come in various forms, including manual and automatic models, catering to different user requirements.
Furthermore, commercial washers, dryers, and folding machines are essential equipment for businesses such as coin-operated laundry businesses and dry cleaning ventures. Technicians and parts specialists play a crucial role in maintaining the functionality of these machines. The market for laundry folding machines comprises both residential and commercial/industrial machines. Online retail, e-commerce platforms, brand websites, physical stores, and appliance retailers are the primary channels for sales. Automated washing equipment, including folding algorithms, sensors, user-friendly interfaces, and smart home integration, is becoming increasingly popular. Infrared sensor-based machines offer added durability, reliability, and compatibility with various clothing types. Overall, the market is poised for growth due to the convenience improvement they offer, the increasing popularity of smart home appliances, and the busy lifestyles of consumers. Thus, such factors are driving the growth of the market during the forecast period.
Integration of Internet of Things (IoT) in laundry folding machines is the key trend in the market. The market is witnessing significant growth due to the integration of Internet of Things (IoT) technology. This innovation enables seamless data transfer between devices and simplifies connectivity issues. IoT has been commercially adopted in various industries, including apparel manufacturers, industrial launderers, hotels, and hospitals. In the context of laundry services, automatic folding machines and commercial washers and dryers are increasingly being equipped with IoT technology. Vendors are collaborating with tech companies to enhance functionality, such as voice-controlled machines by Seven Dreamers Laboratories and Cerevo.
Furthermore, these advancements offer user-friendly interfaces, compatibility with smart home appliances, and a connected home ecosystem. The busy lives of consumers have led to a demand for home automation and smart gadgets. Durability and reliability are essential factors in the market, with infrared sensor-based machines ensuring precise folding. The market caters to both residential and commercial applications, with sales representatives and parts specialists providing support. The market is accessible through various channels, including online retail, offline retail, e-commerce platforms, brand websites, physical stores, and appliance retailers. Thus, such trends will shape the growth of the market during the forecast period.
Inability of machines to fold clothes of extreme sizes is the major challenge that affects the growth of the market.Laundry folding machines have gained significant attention in the market due to their ability to automate the folding process for apparel manufacturers, industrial launderers, hotels, hospitals, and various other commercial establishments. Companies have invested heavily in research and development to create machines that can fold clothes without human intervention. Advanced technologies such as artificial intelligence (AI) and image processing have been integrated into these machines, enabling them to fold a wide range of clothing items efficiently. Sensors are used to detect the size and shape of the clothes, allowing the machines to adjust their folding algorithms accordingly.
However, there are challenges in folding larger items such as handkerchiefs, bedsheets, or curtains. This limitation hampers the growth and acceptance of laundry folding machines in the commercial sector. Automatic folding machines come in various sizes, including manual and automatic versions, and are compatible with commercial washers and dryers. Technicians and parts specialists are available for maintenance and repair services, while sales representatives offer product demonstrations and assistance with purchasing decisions. The market caters to both residential and commercial applications. Commercial machines are designed for heavy-duty use, while residential machines are more compact and user-friendly. The market is expanding with the rise of smart home appliances and the connected home ecosystem. Busy lives and home automation have made smart gadgets a priority, and laundry folding machines are no exception. The market is accessible through various channels, including online retail, offline retail, e-commerce platforms, brand websites, physical stores, and appliance retailers. The durability and reliability of these machines are crucial factors for both residential and commercial buyers. Infrared sensor-based machines are gaining popularity due to their precision and accuracy. Overall, the market is poised for growth as convenience and automation continue to be key drivers in the industry. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Electrolux Professional AB - The company offers Line 6000 Flatwork Ironers, which come with feeding, folding, and stacking solutions, allowing for the processing of up to 600 sheets per day.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market share growth by the Apparel manufacturers segment will be significant during the forecast period. The global market is witnessing significant growth due to the increasing adoption of automation in various industries, particularly in apparel manufacturing. Industrial launderers, hotels, hospitals, and commercial laundry businesses are also major consumers of laundry folding machines. Automatic folding machines and manual folding machines are the two primary types of laundry folding machines available in the market.
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The Apparel manufacturers segment showed a gradual increase in the market share of USD 1.49 billion in 2018. Commercial washers and dryers are often integrated with folding machines to offer convenience and efficiency. Technicians and parts specialists play a crucial role in the maintenance and repair of these machines. Sales representatives are instrumental in promoting and selling laundry folding machines to various industries and businesses. The coin-operated laundry business and dry cleaning ventures are significant consumers of automated washing equipment, which often includes folding machines. Advancements in technology have led to the development of folding algorithms, sensors, and user-friendly interfaces, making these machines smart home appliances within the connected home ecosystem. With busy lives and the increasing trend of home automation, smart gadgets like laundry folding machines are becoming increasingly popular. Durability, reliability, compatibility, and functionality are essential factors that influence the purchase of laundry folding machines. Infrared sensor-based machines are gaining popularity due to their accuracy and efficiency. Residential machines and commercial machines cater to different market segments, while industrial machines are designed for large-scale operations. Online retail, offline retail, e-commerce platforms, brand websites, physical stores, and appliance retailers are the primary channels for the sale of laundry folding machines. The market is expected to grow further due to the increasing demand for convenience improvement in the laundry process.
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North America is estimated to contribute 28% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market is experiencing significant growth due to the integration of advanced technologies such as automation, artificial intelligence, and computer vision. Smart home solutions are increasingly popular, and home automation products like towel folder machines and shirt folding machines are becoming essential components of the smart home ecosystem. These machines utilize robotics and voice-activated assistants for hands-free operation, making clothing care more convenient and efficient. Moreover, environmental sustainability is a crucial factor driving market growth, with eco-friendly materials and energy-efficient designs becoming the norm. The Internet of Things (IoT) plays a significant role in connecting these machines to mobile applications, enabling users to monitor and control their laundry processes remotely. As the trend towards smart homes continues, the demand for advanced laundry folding machines is expected to increase. Robotic manipulation and garment care technologies are key areas of innovation, offering improved precision and efficiency. Overall, the market is poised for substantial growth, offering significant benefits in terms of convenience, sustainability, and energy savings.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Laundry Folding Robots Market by End-user and Geography - Forecast and Analysis
Dry-cleaning and Laundry Services Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, Japan, Germany, France - Size and Forecast
Laundry Care Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, Germany, India - Size and Forecast
The laundry industry is witnessing a significant transformation with the introduction of advanced folding machines. Apparel manufacturers, industrial launderers, hotels, and hospitals are increasingly adopting these machines to streamline their laundry processes. Automatic folding machines and manual folding machines cater to different segments, with commercial washers and dryers being integral components. Technicians, parts specialists, and sales representatives play crucial roles in the sales and maintenance of these machines.
Furthermore, the coin-operated laundry business and dry cleaning venture are major markets for these machines, with automated equipment becoming increasingly popular. Folding algorithms and sensors enhance functionality, while user-friendly interfaces and compatibility with smart home appliances, connected home ecosystems, and home automation cater to busy lives. Durability and reliability are essential factors for both residential and commercial machines. Infrared sensor-based machines offer precision and convenience. The market for laundry folding machines is vast, with sales channels including online retail, e-commerce platforms, brand websites, physical stores, and appliance retailers. As smart gadgets continue to dominate our lives, the demand for laundry folding machines is expected to grow.
Market Scope |
|
Report Coverage |
Details |
Page number |
152 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.5% |
Market growth 2024-2028 |
USD 1.16 billion |
Market structure |
Concentrated |
YoY growth 2023-2024(%) |
4.23 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
North America at 28% |
Key countries |
China, US, Germany, Japan, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Consolidated Laundry LLC, Electrolux Professional AB, FoldiMate, Herbert Kannegiesser GmbH, Panasonic Holdings Corp., Ramsons Garment Finishing Equipment Pvt. Ltd., Sara Equipments, Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd, Sunrise Garment Machinery Pvt. Ltd., and Y.A.C. HOLDINGS CO. LTD |
Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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