Market Overview:
The global laundry cabinets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laundry cabinets from households and commercial establishments. In addition, the growing awareness about hygiene and cleanliness is also propelling the demand for laundry cabinets globally. The global laundry cabinet market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into wood cabinet, metal cabinet, and plastic cabinet. The wood cabinet segment is expected to account for a major share of the global laundry cabinetry market due to its aesthetic appeal and durability.
Product Definition:
Laundry cabinets are storage units specifically designed to house laundry supplies and equipment. They can be freestanding or built into a closet or other space in the home. Laundry cabinets typically have shelves and drawers for storing detergents, fabric softeners, bleach, stain removers, ironing boards and other items needed for doing laundry. Some may also include a place to hang clothes while they're drying.
Wood Cabinet:
Wood cabinet is a device made up of wood or other materials that are used to store laundry. It can be built in the form of free-standing unit or can be attached to a wall. Wood cabinets come with doors and are available in various sizes, shapes and designs as per consumer requirements.
Metal Cabinet:
Metal cabinet is used in laundry cabinets for storing various small appliances such as iron, board games, and other utility products. It also has a shelf to place detergent or fabric softener. The size of the cabinet depends on the space available in the washroom. In addition, it can be closed with door options such as folding doors and glass doors according to consumers’ requirements.
Application Insights:
The household application segment accounted for the largest share of more than 60.0% in 2017. The rising purchasing power and higher standard of living among households in developing countries including China, India, Brazil, Mexico is expected to be a major factor driving the demand for laundry cabinets over the forecast period. In addition to this factor, increasing penetration of washing machines has also resulted in an increased number of installations at home which will further propel market growth over the next eight years.
Commercial application is expected to be one of the fastest-growing segments with a CAGR exceeding 8% from 2018 to 2030 owing to increasing government initiatives regarding establishment and renovation projects across various regions including Asia Pacific and Middle East & Africa which require commercial laundry facilities respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing disposable income, growing population, and improving standards of living especially in developing countries such as China and India. Moreover, rising demand for home-based laundry appliances due to space constraints is anticipated to drive regional growth over the forecast period.
North America accounted for a significant share of revenue in 2017 owing to high product penetration rates associated with advanced technology usage coupled with high spending capacity of consumers towards laundry appliances. Furthermore, presence of key manufacturers such as Maytag Corporation; LG Electronics Inc.; Samsung Electric Co., Ltd; and Whirlpool Corp.; will boost regional growth further on account of increased competition among players operating within North America region which will result into better products at competitive prices thereby driving sales volumes through distribution channels including authorized dealerships and direct sales across U.S., Canada, Puerto Rico & Guam).
Growth Factors:
- Increasing demand for laundry cabinets in the residential sector as a result of growing population and rising income levels.
- Growing popularity of modular kitchens, which has led to an increase in the demand for laundry cabinets with integrated washing machines and dryers.
- Rising awareness about the benefits of using laundry cabinets, such as improved organization and efficiency, which is driving their adoption in both residential and commercial establishments.
- The increasing trend of home automation is also expected to boost the demand for laundry cabinets in the coming years as they are key components of smart homes.
- Rapid urbanization across emerging economies is creating new opportunities for growth in the global Laundry Cabinets market
Scope Of The Report
Report Attributes
Report Details
Report Title
Laundry Cabinets Market Research Report
By Type
Wood Cabinet, Metal Cabinet, Plastic Cabinet
By Application
Household, Commercial
By Companies
Arrow, Micoe, HOROW, MELOWAV, MEJUE, Vatti, Arcom, Arblu, Birex, Cerasa, Gruppo Geromin, Legnobagno
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Laundry Cabinets Market Report Segments:
The global Laundry Cabinets market is segmented on the basis of:
Types
Wood Cabinet, Metal Cabinet, Plastic Cabinet
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
Household, 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:
- Arrow
- Micoe
- HOROW
- MELOWAV
- MEJUE
- Vatti
- Arcom
- Arblu
- Birex
- Cerasa
- Gruppo Geromin
- Legnobagno
Highlights of The Laundry Cabinets 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:
- Wood Cabinet
- Metal Cabinet
- Plastic Cabinet
- By Application:
- Household
- 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 Cabinets 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?
A laundry cabinet is a small, enclosed space in which clothes are washed. Laundry cabinets typically have shelves and a door for loading and unloading clothes.
Some of the major companies in the laundry cabinets market are Arrow, Micoe, HOROW, MELOWAV, MEJUE, Vatti, Arcom, Arblu, Birex, Cerasa, Gruppo Geromin, Legnobagno.
The laundry cabinets 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 Cabinets 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 Cabinets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laundry Cabinets 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 Cabinets 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 Cabinets Market Size & Forecast, 2020-2028
4.5.1 Laundry Cabinets Market Size and Y-o-Y Growth
4.5.2 Laundry Cabinets Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Wood Cabinet
5.2.2 Metal Cabinet
5.2.3 Plastic Cabinet
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laundry Cabinets 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 Cabinets 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Wood Cabinet
9.6.2 Metal Cabinet
9.6.3 Plastic Cabinet
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 Market Size Forecast by Applications
9.10.1 Household
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Wood Cabinet
10.6.2 Metal Cabinet
10.6.3 Plastic Cabinet
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 Market Size Forecast by Applications
10.10.1 Household
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Wood Cabinet
11.6.2 Metal Cabinet
11.6.3 Plastic Cabinet
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 Market Size Forecast by Applications
11.10.1 Household
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Wood Cabinet
12.6.2 Metal Cabinet
12.6.3 Plastic Cabinet
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 Market Size Forecast by Applications
12.10.1 Household
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Wood Cabinet
13.6.2 Metal Cabinet
13.6.3 Plastic Cabinet
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) Market Size Forecast by Applications
13.10.1 Household
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 Cabinets Market: Competitive Dashboard
14.2 Global Laundry Cabinets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arrow
14.3.2 Micoe
14.3.3 HOROW
14.3.4 MELOWAV
14.3.5 MEJUE
14.3.6 Vatti
14.3.7 Arcom
14.3.8 Arblu
14.3.9 Birex
14.3.10 Cerasa
14.3.11 Gruppo Geromin
14.3.12 Legnobagno
