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Laundry Folding Robots Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 127
  • SKU: IRTNTR44964
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The laundry Folding Robots Market is projected to grow by USD 12.90 billion with a CAGR of 37.35%, during the forecast period 2021 to 2026.

This laundry folding robots market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers laundry folding robots market segmentations by end-user (residential and commercial) and geography (APAC, North America, Europe, Middle East and Africa, and South America). The laundry folding robots market report also offers information on several market vendors, including Consolidated Laundry LLC, Herbert Kannegiesser GmbH, Panasonic Holdings Corp., Sara Equipments, Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd., Sunrise Garment Machinery Pvt. Ltd., Welco Garments Machinery Pvt. Ltd., and Ramsons Garment Finishing Equipment Pvt. Ltd. among others.

What will the Laundry Folding Robots Market Size be During the Forecast Period?

Laundry Folding Robots Market Size

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Laundry Folding Robots Market: Key Drivers, Trends, and Challenges

Our researcher studied the historical data for years, with 2021 as the base year, and 2022 as the estimated year, and produced drivers, trends, and challenges for the laundry folding robots market. In the COVID-19 pandemic, the demand for laundry folding robots market has impacted a lot accelerating but a holistic analysis of drivers will help in exact demands and refining marketing strategies to gain a competitive advantage.

Key Laundry Folding Robots Market Driver

The growing acceptance of personal service robots is the major driver fueling the laundry folding robot market growth. The inclusion of advanced technologies such as AI, IoT, and others has increased the capability of the products to adapt to the environment and provide insights accordingly, which will increase the demand for these products. Initiatives for smart cities are further encouraging the acceptance of automated solutions. Residents of such cities are inclined toward automating all the aspects of their homes, from electricity use to laundry. The immense growth in the adoption of robotic vacuum cleaners in the last decade showcases the inclination toward domestic assistance-providing robotic solutions. The inclusion of IoT, image processing technologies, and AI in laundry folding robots will enable connectivity with smart home control systems and ease workflow and control. We anticipate that the growth in smart cities will further provide an impetus to the concerned market during the forecast period.

Key Laundry Folding Robots Market Trend

Internet of Things (IoT) integration in robots is the major trend fueling the growth of the engineering services market. Currently, IoT has already been commercialized in various applications and is simplifying connectivity techniques. Interoperability and data readability issues have found better solutions with the advent of IoT. Laundry folding robots are also equipped with this technology to provide better control to the users and allow smooth workflow. Vendors are focused on collaborating with the companies offering these technologies. For example, the voice-based command in Laundroid works only with Cerevo's Lumigent and cannot accept other sources such as Siri and Alexa. However, we expect that during the forecast period, technologies such as onboard Wi-Fi and application-based control enable laundry folding robots to provide remote and easy control. The inability of robots to fold clothes of extreme sizes. Companies have been conducting extensive research and development in laundry folding robots for the last five years and have successfully designed an optimal product that can fold clothes without any manual intervention. Furthermore, the inclusion of technologies such as AI and image processing, and the capability of the robots to undertake tasks effectively, have largely increased.

Key Laundry Folding Robots Market Challenge

The inability of robots to fold clothes of extreme sizes is a major hindrance to the market growth of the laundry folding robot market. Companies have been conducting extensive research and development in laundry folding robots for the last five years and have successfully designed an optimal product that can fold clothes without any manual intervention. Furthermore, the inclusion of technologies such as AI and image processing, and the capability of the robots to undertake tasks effectively, have largely increased. Using sensors, laundry folding robots can fold regular-sized clothes efficiently. However, these robots face a challenge in folding clothes of extreme sizes, such as handkerchiefs and bedsheets or curtains. This setback of the robot is a major hindrance to the market growth and acceptance of the product in the commercial sector. We anticipate that vendors will continue improving the product and refine the robots' capability to fold clothes of all sizes during the forecast period. However, it is a major challenge for the global laundry folding market in the current scenario.

This laundry folding robots market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global laundry folding robots market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the laundry folding robots market during the forecast period.^^^

Who are the Major Laundry Folding Robots Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Consolidated Laundry LLC
  • Herbert Kannegiesser GmbH
  • Panasonic Holdings Corp.
  • Sara Equipments
  • Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd.
  • Sunrise Garment Machinery Pvt. Ltd.
  • Welco Garments Machinery Pvt. Ltd.
  • Ramsons Garment Finishing Equipment Pvt. Ltd.

 

This statistical study of the laundry folding robots market encompasses successful business strategies deployed by the key vendors. The laundry folding robots market is concentrated and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this the report provides a detailed analysis of several leading Companies.

Laundry Folding Robots Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the laundry folding robots market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

Which are the Key Regions for Laundry Folding Robots Market?

Laundry Folding Robots Market Share by Geography

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32% of the market’s growth will originate from Europe during the forecast period. Germany and France are the key markets for laundry folding robots market in Europe. Market growth in this region will be faster than the growth of the market in other regions.

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating End-user Segments in the Laundry Folding Robots Market?

Laundry Folding Robots Market Share

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The laundry folding robots market share growth by the residential segment will be significant during the forecast period. Sales of laundry folding robots in the residential sector will take off rapidly, especially among dual-earning families and individuals, due to high disposable incomes. The demand for laundry folding robots is driven by the increasing acceptance of automated solutions by consumers, owing to their busy lifestyles and rising awareness of the technology.

This report provides an accurate prediction of the contribution of all the segments to the growth of the laundry folding robots market size and actionable market insights on post COVID-19 impact on each segment.

 

Laundry Folding Robots Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 37.35%

Market growth 2022-2026

$ 12.90 billion

Market structure

Concentrated

YoY growth (%)

35.88

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

Europe at 32%

Key consumer countries

US, Canada, China, Japan, Germany, and France

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Consolidated Laundry LLC, Herbert Kannegiesser GmbH, Panasonic Holdings Corp., Sara Equipments, Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd., Sunrise Garment Machinery Pvt. Ltd., Welco Garments Machinery Pvt. Ltd., and Ramsons Garment Finishing Equipment Pvt. Ltd.

Market dynamics

Parent market analysis, 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 the forecast period

Customization purview

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What are the Key Data Covered in this Laundry Folding Robots Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive laundry folding robots market growth during the next five years
  • Precise estimation of the laundry folding robots market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the laundry folding robots industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of laundry folding robots market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Residential - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Residential - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Residential - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Residential - Year-over-year growth 2021-2026 (%)
    • 5.4 Commercial - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Commercial - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by End-user
      • Exhibit 36: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Japan - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 Canada - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.14 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Consolidated Laundry LLC
              • Exhibit 93: Consolidated Laundry LLC - Overview
              • Exhibit 94: Consolidated Laundry LLC - Product / Service
              • Exhibit 95: Consolidated Laundry LLC - Key offerings
            • 10.4 Herbert Kannegiesser GmbH
              • Exhibit 96: Herbert Kannegiesser GmbH - Overview
              • Exhibit 97: Herbert Kannegiesser GmbH - Product / Service
              • Exhibit 98: Herbert Kannegiesser GmbH - Key offerings
            • 10.5 Panasonic Holdings Corp.
              • Exhibit 99: Panasonic Holdings Corp. - Overview
              • Exhibit 100: Panasonic Holdings Corp. - Business segments
              • Exhibit 101: Panasonic Holdings Corp. - Key news
              • Exhibit 102: Panasonic Holdings Corp. - Key offerings
              • Exhibit 103: Panasonic Holdings Corp. - Segment focus
            • 10.6 Ramsons Garment Finishing Equipment Pvt. Ltd.
              • Exhibit 104: Ramsons Garment Finishing Equipment Pvt. Ltd. - Overview
              • Exhibit 105: Ramsons Garment Finishing Equipment Pvt. Ltd. - Product / Service
              • Exhibit 106: Ramsons Garment Finishing Equipment Pvt. Ltd. - Key offerings
            • 10.7 Sara Equipments
              • Exhibit 107: Sara Equipments - Overview
              • Exhibit 108: Sara Equipments - Product / Service
              • Exhibit 109: Sara Equipments - Key offerings
            • 10.8 Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd.
              • Exhibit 110: Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd. - Overview
              • Exhibit 111: Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd. - Product / Service
              • Exhibit 112: Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd. - Key offerings
            • 10.9 Sunrise Garment Machinery Pvt. Ltd.
              • Exhibit 113: Sunrise Garment Machinery Pvt. Ltd. - Overview
              • Exhibit 114: Sunrise Garment Machinery Pvt. Ltd. - Product / Service
              • Exhibit 115: Sunrise Garment Machinery Pvt. Ltd. - Key offerings
            • 10.10 Welco Garments Machinery Pvt. Ltd.
              • Exhibit 116: Welco Garments Machinery Pvt. Ltd. - Overview
              • Exhibit 117: Welco Garments Machinery Pvt. Ltd. - Product / Service
              • Exhibit 118: Welco Garments Machinery Pvt. Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 119: Inclusions checklist
                • Exhibit 120: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 121: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 122: Research methodology
                • Exhibit 123: Validation techniques employed for market sizing
                • Exhibit 124: Information sources
              • 11.5 List of abbreviations
                • Exhibit 125: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Laundry Folding Robots market growth will increase by $12908.63 million during 2022-2026.
              The laundry folding robots market is expected to grow at a CAGR of 37.35% during 2022-2026.
              Technavio has segmented the laundry folding robots market by end-user (Residential and Commercial) and geographic (APAC, North America, Europe, Middle East and Africa, South America, APAC, North America, Europe, MEA, and South America).
              Consolidated Laundry LLC, Herbert Kannegiesser GmbH, Panasonic Holdings Corp., Sara Equipments, Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd., Sunrise Garment Machinery Pvt. Ltd., Welco Garments Machinery Pvt. Ltd., Ramsons Garment Finishing Equipment Pvt. Ltd. are a few of the key vendors in the laundry folding robots market.
              Europe will register the highest growth rate of 32.34% among the other regions. Therefore, the laundry folding robots market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • Canada
              • China
              • Japan
              • Germany
              • France
              The key factors driving the laundry folding robots market growth are:
              • Growing acceptance of personal service robots
              • Increased funding through partnerships and crowdfunding platforms
              The laundry folding robots market vendors should focus on grabbing business opportunities from the residential segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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