Worldwide Laundry Folding Robots Industry to 2024 - Key Drivers, Challenges and Trends

Dublin, March 02, 2021 (GLOBE NEWSWIRE) -- The "Global Laundry Folding Robots Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The laundry folding robots market is poised to grow by $386.14 million during 2020-2024 progressing at a CAGR of 33% during the forecast period. The report on laundry folding robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing acceptance of personal service robots, social factors driving adoption of laundry folding robots and rising middle class and increasing disposable income in developing countries.

The laundry folding robots market analysis includes end-user segment and geographical landscapes. This study identifies the internet of things (IoT) integration in robots as one of the prime reasons driving the laundry folding robots market growth during the next few years. Also, inclusion of artificial intelligence (AI) and increased funding through partnerships and crowdfunding platforms will lead to sizable demand in the market.

The report covers the following areas:

• Laundry folding robots market sizing

• Laundry folding robots market forecast

• Laundry folding robots market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laundry folding robots market vendors that include FoldiMate Inc. and Herbert Kannegiesser GmbH. Also, the laundry folding robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The publisher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Key Topics Covered:

1. Executive Summary

• Market Overview

2. Market Landscape

• Market ecosystem

• Value chain analysis

3. Market Sizing

• Market definition

• Market segment analysis

• Market size 2019

• Market outlook: Forecast for 2019 - 2024

4. Five Forces Analysis

• Five forces summary

• Bargaining power of buyers

• Bargaining power of suppliers

• Threat of new entrants

• Threat of substitutes

• Threat of rivalry

• Market condition

5. Market Segmentation by End-user

• Market segments

• Comparison by End-user

• Residential - Market size and forecast 2019-2024

• Commercial - Market size and forecast 2019-2024

• Market opportunity by End-user

6. Customer landscape

• Overview

7. Geographic Landscape

• Geographic segmentation

• Geographic comparison

• APAC - Market size and forecast 2019-2024

• North America - Market size and forecast 2019-2024

• Europe - Market size and forecast 2019-2024

• MEA - Market size and forecast 2019-2024

• South America - Market size and forecast 2019-2024

• Key leading countries

• Market opportunity by geography

• Market drivers

• Market challenges

• Market trends

8. Vendor Landscape

• Vendor landscape

• Landscape disruption

9. Vendor Analysis

• Vendors covered

• Market positioning of vendors

• FoldiMate Inc.

• Herbert Kannegiesser GmbH

10. Appendix

• Scope of the report

• Currency conversion rates for US$

• Research methodology

• List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/9v5cis

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