Global Laundry Folding Robots Market 2020-2024

Global Laundry Folding Robots Market 2020-2024

  • September 2020 •
  • 120 pages •
  • Report ID: 5351739 •
  • Format: PDF
Global Laundry Folding Robots Market 2020-2024
The analyst has been monitoring the laundry folding robots market and it is poised to grow by $ 386.14 mn during 2020-2024 progressing at a CAGR of 33% during the forecast period. Our reports 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. In addition, growing acceptance of personal service robots is anticipated to boost the growth of the market as well.
The laundry folding robots market analysis includes end-user segment and geographical landscapes

The laundry folding robots market is segmented as below:
By End-user
• Residential
• Commercial

By Geographical Landscape
• APAC
• North America
• Europe
• MEA
• South America

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 analyst 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. Our laundry folding robots market covers the following areas:
• Laundry folding robots market sizing
• Laundry folding robots market forecast
• Laundry folding robots market industry analysis