Boston, MA -- (SBWIRE) -- 11/21/2016 -- The lifestyle of working class population worldwide is increasingly becoming hectic and fast-paced. These conditions have created a demand for devices and services that will enable people to do their daily chores faster. This trend has, among other things, created a demand for commercial on-demand laundry services and increased the demand for commercial laundry washing machines globally; laundromats, on-demand laundry services, and other commercial laundry services are in high demand among because of an increase in disposable income and rise in dual-income families.

Technavio's analysts forecast the global commercial washing machine market to grow at a CAGR of 4.53% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Commercial Washing Machine Market 2016-2020

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial washing machine market for 2016-2020. To calculate the market size, the report considers the revenue generated from the worldwide retail sales of commercial washing machines.

The market is divided into the following segments based on geography:

-APAC
-Europe
-North America
-ROW

Technavio's report, Global Commercial Washing Machine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Alliance Laundry Systems
-Continental Girbau
-Dexter Apache Holdings
-Electrolux
-Whirlpool

Other prominent vendors

-BOWE
-G.A. Braun
-GE
-R. Stahl
-JLA
-Lead Laundry and Catering
-LG Electronics
-Miele Company
-Pellerin Milnor
-Renzacci
-Schulthess Maschinen
-Shanghai Shenguang Laundry Machinery Group
-Stefab

Market driver

-Increase in number of laundromats and growth of online laundry services in APAC.
-For a full, detailed list, view our report

Market challenge

-Logistics challenge for online laundry services in developing economies.
-For a full, detailed list, view our report

Market trend

-Introduction of water saving technologies in commercial washing machines.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Alliance Laundry Systems, Continental Girbau, Dexter Apache Holdings, Electrolux, Whirpool, BOWE, G.A. Braun, GE, R. Stahl, JLA, Lead Laundry and Catering, LG Electronics, Miele Company, Pellerin Milnor, Renzacci, Schulthess Maschinen, Shanghai Shenguang Laundry Machinery Group, Stefab

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Consumer Goods research reports at Fast Market Research

You may also be interested in these related reports:
-Global Smart Connected Washing Machine Market 2016-2020
-Global Commercial Electric Fryer Market 2016-2020
-Global Commercial Charbroilers Market 2016-2020
-Brand Competition and Consumer Preference of the Chinese Washing Machine Market
-Global Metal Forming Machine Tools Market 2016-2020