Market Overview:
The global laundry folding robots market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automation in laundry processes and the growing awareness about the benefits of using laundry folding robots. The global laundry folding robots market can be segmented on the basis of type into fully-automatic and half-automatic machines. The fully-automatic machines are expected to dominate the market during the forecast period owing to their high efficiency and low maintenance requirements. On the basis of application, residential applications are expected to account for a majority share of the global laundry folding robot market duringthe forecast period, followed by commercial applications. Some key players operating in this market include Samsung Electronics Co., Ltd., LG Electronics Inc.
Product Definition:
Laundry folding robots are machines that fold clothes for you. They are important because they save time and energy.
Fully-automatic:
Fully-automatic laundry folding robots are used for automating the laundry work. These machines have the ability to detect and fold clothes without human intervention. The fully-automatic segment is expected to grow at a CAGR of XX% over the forecast period owing to its increasing adoption in small households as well as large scale commercial laundries across the globe.
The fully automatic segment has been further categorized into two types, namely dryers with folding arms.
Half-automatic:
The half-automatic laundry folding robots are used for folding and sorting the laundry. These devices have a mechanical system that performs the task of moving clothes from one position to another with the help of arms, which can be operated by an adult or it can be automated using software. The product is available in different sizes, shapes, and colors; hence there is a wide range of products to choose from based on consumers’ requirements.
Application Insights:
The commercial application segment accounted for the largest share of more than 60.0% in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand from various sectors, including hospitals, hotels and restaurants, textile and hospitality industries. Fully-automatic laundry folding robots are widely used in commercial applications as they can fold multiple pieces of clothes at a time with high efficiency while saving time and energy.
In addition, half-automatic laundry folding robots are also gaining popularity in the commercial sector as they have fewer moving parts which increases their lifespan and reduces maintenance cost significantly over the long term.
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 investments by key players in developing countries such as China and India, which has resulted in a high demand for fully-automatic folding machines. Moreover, rising disposable income levels and rapid urbanization have spurred the growth of commercial laundry businesses across this region, thereby driving product demand further.
The Asia Pacific was followed by Europe with a share of around 25% in 2017 owing to growing consumer awareness regarding energy efficiency along with changing lifestyles that have prompted consumers to spend more on household chores such as laundry folding robots rather than entertainment activities or dining out at restaurants or hotels.
Growth Factors:
- Increasing demand for laundry folding robots from the hospitality sector as they save time and labor costs.
- Growing demand for laundry folding robots from the healthcare sector as they help in reducing the risk of infection by handling clothes manually.
- Rising adoption of laundry folding robots in households due to their ability to fold clothes quickly and efficiently.
- Increasing research and development activities by leading players to introduce innovative features in laundry folding robots.
- Growing popularity of robotic automation across various industrial sectors is expected to fuel the growth of the global Laundry Folding Robots market over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Laundry Folding Robots Market Research Report
By Type
Fully-automatic, Half-automatic
By Application
Residential, Commercial
By Companies
FoldiMate, Seven Dreamers, Panasonic, FoldiMate
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Laundry Folding Robots Market Report Segments:
The global Laundry Folding Robots market is segmented on the basis of:
Types
Fully-automatic, Half-automatic
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
Residential, 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:
- FoldiMate
- Seven Dreamers
- Panasonic
- FoldiMate
Highlights of The Laundry Folding Robots 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:
- Fully-automatic
- Half-automatic
- By Application:
- Residential
- 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 Folding Robots 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 folding robots are machines that help fold laundry by autonomously moving the clothes from one location to another. They are typically used in large commercial laundries, where they can save a lot of time and energy.
Some of the key players operating in the laundry folding robots market are FoldiMate, Seven Dreamers, Panasonic, FoldiMate.
The laundry folding robots market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laundry Folding Robots 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 Folding Robots Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laundry Folding Robots 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 Folding Robots 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 Folding Robots Market Size & Forecast, 2018-2028
4.5.1 Laundry Folding Robots Market Size and Y-o-Y Growth
4.5.2 Laundry Folding Robots Market Absolute $ Opportunity
Chapter 5 Global Laundry Folding Robots 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 Folding Robots Market Size Forecast by Type
5.2.1 Fully-automatic
5.2.2 Half-automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laundry Folding Robots 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 Folding Robots Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laundry Folding Robots 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 Folding Robots 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 Folding Robots Analysis and Forecast
9.1 Introduction
9.2 North America Laundry Folding Robots 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 Folding Robots Market Size Forecast by Type
9.6.1 Fully-automatic
9.6.2 Half-automatic
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 Folding Robots Market Size Forecast by Applications
9.10.1 Residential
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 Folding Robots Analysis and Forecast
10.1 Introduction
10.2 Europe Laundry Folding Robots 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 Folding Robots Market Size Forecast by Type
10.6.1 Fully-automatic
10.6.2 Half-automatic
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 Folding Robots Market Size Forecast by Applications
10.10.1 Residential
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 Folding Robots Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laundry Folding Robots 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 Folding Robots Market Size Forecast by Type
11.6.1 Fully-automatic
11.6.2 Half-automatic
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 Folding Robots Market Size Forecast by Applications
11.10.1 Residential
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 Folding Robots Analysis and Forecast
12.1 Introduction
12.2 Latin America Laundry Folding Robots 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 Folding Robots Market Size Forecast by Type
12.6.1 Fully-automatic
12.6.2 Half-automatic
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 Folding Robots Market Size Forecast by Applications
12.10.1 Residential
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 Folding Robots Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laundry Folding Robots 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 Folding Robots Market Size Forecast by Type
13.6.1 Fully-automatic
13.6.2 Half-automatic
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 Folding Robots Market Size Forecast by Applications
13.10.1 Residential
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 Folding Robots Market: Competitive Dashboard
14.2 Global Laundry Folding Robots Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FoldiMate
14.3.2 Seven Dreamers
14.3.3 Panasonic
14.3.4 FoldiMate
