Market Overview:
The global laundry accessories market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising disposable income, increasing awareness about hygiene and growing demand for convenience products. Based on type, the global laundry accessories market is segmented into laundry reel, board hanger, chrome hamper, paper storage bag, washing machine drum, drying rack, lint filter and base. The laundry reel segment is expected to grow at a CAGR of 6.1% during the forecast period from 2018 to 2030 due to its high efficiency in storing clothes and easy installation process. Based on application, the global laundry accessories market is segmented into home use and commercial use segments.
Product Definition:
Laundry accessories are tools or devices that aid in the process of doing laundry. This may include a hanger, clothespins, detergent, fabric softener, or a drying rack. Laundry accessories are important because they make the task of doing laundry easier and more efficient.
Laundry Reel:
Laundry reel is a cylindrical device attached to a handle which is used for winding and storing clothes after they are washed. It helps in saving time by providing convenience of not having to bend down while washing clothes. The product also provides ease of access while doing laundry as it can be kept on the upper shelf or on the door frame, thereby avoiding wetting of clothes due to water spillage.
Board Hanger:
A board hanger is a device used in laundry to support and hold the washing or drying clothes. It consists of two metal prongs with holes at the ends, which are inserted into the wet clothes and then it is hung to dry. The board hangers come in different sizes, shapes, materials and designs according to consumer requirements.
Application Insights:
The home use application segment led the global laundry accessories market in 2017. This is attributed to rising awareness about hygiene and increasing spending on home furnishing products. The commercial application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to an increase in the number of hotels, restaurants and other food service industries across the globe.
In addition, with changing lifestyle patterns people are opting for professional cleaning services more often which will boost product demand over the forecast period. Increasing working-class population coupled with a rise in per capita income has led people worldwide opt for professional cleaning services at least once every two weeks which will further fuel product demand during the estimated period.
The Asia Pacific region accounted for more than 45% share of global laundry accessories market revenue in 2017 due largely to rapid industrialization.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing awareness regarding hygiene, rising disposable income, and changing lifestyles. Changing consumer preferences towards laundry products due to growing standards of living has led manufacturers in developing countries such as India and China to increase their production capacities for these products. This factor is projected to bode well for regional market growth over the next eight years.
North America accounted for a significant share owing to high demand from U.S., which was followed by Europe due mainly on higher spending capacity of consumers along with increased adoption rate of latest technology in household appliances industry coupled with growing trend towards green environment friendly product development by manufacturers present across European countries including Germany, France, Italy etc.
Growth Factors:
- Increasing demand for laundry accessories from the hospitality sector
- Rising disposable income of consumers in developing countries
- Proliferation of online retail platforms that offer a wide range of laundry accessories at competitive prices
- Growing awareness about the benefits of using laundry accessories among consumers
- Innovative product launches by leading players in the laundry accessories market
Scope Of The Report
Report Attributes
Report Details
Report Title
Laundry Accessories Market Research Report
By Type
Laundry Reel, Board Hanger, Chrome Hamper, Paper Storage Bag, Washing Machine Drum, Drying Rack, Lint Filter, Base
By Application
Home Use, Commercial
By Companies
Garment Racks Etc, All Racks, Inc., SONGMICS, Deco Brothers, Simple Houseware, Ollieroo, Sumsung, LG, Bosch, Siemens, Whirlpool, Hisense
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Laundry Accessories Market Report Segments:
The global Laundry Accessories market is segmented on the basis of:
Types
Laundry Reel, Board Hanger, Chrome Hamper, Paper Storage Bag, Washing Machine Drum, Drying Rack, Lint Filter, Base
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Garment Racks Etc
- All Racks, Inc.
- SONGMICS
- Deco Brothers
- Simple Houseware
- Ollieroo
- Sumsung
- LG
- Bosch
- Siemens
- Whirlpool
- Hisense
Highlights of The Laundry Accessories Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laundry Reel
- Board Hanger
- Chrome Hamper
- Paper Storage Bag
- Washing Machine Drum
- Drying Rack
- Lint Filter
- Base
- By Application:
- Home Use
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laundry Accessories Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Laundry accessories are small items that can be used to help make laundry easier. These may include things like a hamper, clothespins, and a drying rack.
Some of the major players in the laundry accessories market are Garment Racks Etc, All Racks, Inc., SONGMICS, Deco Brothers, Simple Houseware, Ollieroo, Sumsung, LG, Bosch, Siemens, Whirlpool, Hisense.
The laundry accessories market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laundry Accessories Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laundry Accessories Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laundry Accessories Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laundry Accessories Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laundry Accessories Market Size & Forecast, 2018-2028
4.5.1 Laundry Accessories Market Size and Y-o-Y Growth
4.5.2 Laundry Accessories Market Absolute $ Opportunity
Chapter 5 Global Laundry Accessories Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Laundry Accessories Market Size Forecast by Type
5.2.1 Laundry Reel
5.2.2 Board Hanger
5.2.3 Chrome Hamper
5.2.4 Paper Storage Bag
5.2.5 Washing Machine Drum
5.2.6 Drying Rack
5.2.7 Lint Filter
5.2.8 Base
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laundry Accessories Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Laundry Accessories Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laundry Accessories Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laundry Accessories Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Laundry Accessories Analysis and Forecast
9.1 Introduction
9.2 North America Laundry Accessories Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Laundry Accessories Market Size Forecast by Type
9.6.1 Laundry Reel
9.6.2 Board Hanger
9.6.3 Chrome Hamper
9.6.4 Paper Storage Bag
9.6.5 Washing Machine Drum
9.6.6 Drying Rack
9.6.7 Lint Filter
9.6.8 Base
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Laundry Accessories Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Laundry Accessories Analysis and Forecast
10.1 Introduction
10.2 Europe Laundry Accessories Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Laundry Accessories Market Size Forecast by Type
10.6.1 Laundry Reel
10.6.2 Board Hanger
10.6.3 Chrome Hamper
10.6.4 Paper Storage Bag
10.6.5 Washing Machine Drum
10.6.6 Drying Rack
10.6.7 Lint Filter
10.6.8 Base
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Laundry Accessories Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Laundry Accessories Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laundry Accessories Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Laundry Accessories Market Size Forecast by Type
11.6.1 Laundry Reel
11.6.2 Board Hanger
11.6.3 Chrome Hamper
11.6.4 Paper Storage Bag
11.6.5 Washing Machine Drum
11.6.6 Drying Rack
11.6.7 Lint Filter
11.6.8 Base
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Laundry Accessories Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Laundry Accessories Analysis and Forecast
12.1 Introduction
12.2 Latin America Laundry Accessories Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Laundry Accessories Market Size Forecast by Type
12.6.1 Laundry Reel
12.6.2 Board Hanger
12.6.3 Chrome Hamper
12.6.4 Paper Storage Bag
12.6.5 Washing Machine Drum
12.6.6 Drying Rack
12.6.7 Lint Filter
12.6.8 Base
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Laundry Accessories Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Laundry Accessories Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laundry Accessories Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Laundry Accessories Market Size Forecast by Type
13.6.1 Laundry Reel
13.6.2 Board Hanger
13.6.3 Chrome Hamper
13.6.4 Paper Storage Bag
13.6.5 Washing Machine Drum
13.6.6 Drying Rack
13.6.7 Lint Filter
13.6.8 Base
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Laundry Accessories Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laundry Accessories Market: Competitive Dashboard
14.2 Global Laundry Accessories Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Garment Racks Etc
14.3.2 All Racks, Inc.
14.3.3 SONGMICS
14.3.4 Deco Brothers
14.3.5 Simple Houseware
14.3.6 Ollieroo
14.3.7 Sumsung
14.3.8 LG
14.3.9 Bosch
14.3.10 Siemens
14.3.11 Whirlpool
14.3.12 Hisense
