Market Forecast By Capacity (0–30 Kg, 31–50 Kg, and 51Kg & Above), By End Users (Laundromats, Hospitality, Hospitals & Care Homes, Multi-Housing, Schools & Universities, Public Sector & Others) and competitive landscape
Product Code: ETC002728 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Kuwait commercial laundry equipment market is expected to witness robust growth over the coming years principally due to increasing government investment in the hospitality, tourism, and transportation sectors coupled with growing infrastructure development activities in the country. Additionally, government efforts towards reducing dependency on the oil industry, increasing foreign investment as well as long-term policies such as New Kuwait 2035’ initiative will further strengthen the growth of the commercial laundry equipment market in Kuwait. Moreover, the entry of new players in the commercial laundry equipment market, as well as growing partnerships and alliances, will further spur the demand for the commercial laundry equipment market in Kuwait during the forecast period.
According to 6Wresearch, the Kuwait Commercial Laundry Equipment Market size is expected to witness considerable growth during 2020-2026. Technological advancement, growing partnerships, and alliances, New Kuwait 2035’ initiative, as well as busy lifestyle and increasing working-class population, are some of the key growth drivers of the commercial laundry equipment market in Kuwait. However, the growth of the commercial laundry equipment market in Kuwait is anticipated to witness a slowdown during the first half of 2020-2021 due to the outbreak of the Covid-19 pandemic. The market is expected to recover gradually over the next few years.
In terms of capacity, the commercial laundry equipment market in Kuwait is categorized into 0–30 Kg, 31–50 Kg, and 51Kg & Above. Whereas, in terms of end-users, the Kuwait commercial laundry equipment market is segmented into laundromats, hospitality, hospitals & care homes, multi-housing, schools & universities, public sector, and others. Currently, the hospitality, hospitals & care homes segment is dominating the overall commercial laundry equipment market sales in Kuwait due to the busy and hectic lifestyle of consumers. Further, the hospitals and clinics are also recording significant growth in revenues due to the spread of the Covid-19 pandemic which has resulted in increased usage of commercial laundry equipment services across hospitals and other healthcare centers in Kuwait.
Some of the key players operating in the Kuwait commercial laundry equipment market are Al Jabr Laundry, Samsung, Electrolux AB, Whirlpool Corporation, Alliance Laundry Systems Limited, IFB, Dexter Laundry Systems, EDRO Corporation, and Forenta LP.
The Kuwait commercial laundry equipment market report comprehensively covers the market by capacity and by end-users. The Kuwait commercial laundry equipment market outlook report provides an unbiased and detailed analysis of the Kuwait commercial laundry equipment market trends, Kuwait commercial laundry equipment market share, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Kuwait Commercial Laundry Equipment market is anticipated to register sound revenues during the forecast period 2020-26F backed by the rising hospitality infrastructure in the country coupled with rising tourism where laundry is part of hotel accommodation service and this act as growth driving factor which is expected to pioneer progressive growth of the commercial laundry services by using laundry equipment in the upcoming six years. Further, increase pediatric centers in the country are estimated to instigate laundry service underpinned by providing chemical-free detergent washing for newborn babies, and the continued chemical-free laundry service in the pediatric center is expected to help in achieving the substantial growth of Kuwait Commerical Laundry Equipment market in the coming years.
Kuwait commercial laundry equipment market is expected to secure tremendous growth in the coming timeframe backed by the rising potential growth of the hospitality and healthcare sector. Moreover, increased laundromat setups in the country. Additionally, rising multi-housing systems installed by the owner to benefit the tenants such as washer and dryer set up in each apartment is expected to be a growth proliferating factor for the commercial laundry equipment market and leave a positive impact on the market growth in the upcoming six years.
Key Highlights of the Report:
Markets Covered
The Kuwait commercial laundry equipment market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Kuwait Commercial Laundry Equipment Market Overview |
3.1 Kuwait Commercial Laundry Equipment Market Revenues and Volume, 2016-2026F |
3.2 Kuwait Commercial Laundry Equipment Market Revenue Share, By Capacity, 2019 & 2026F |
3.3 Kuwait Commercial Laundry Equipment Market Revenue Share, By End Users, 2019 & 2026F |
3.4 Kuwait Commercial Laundry Equipment Market - Industry Life Cycle |
3.5 Kuwait Commercial Laundry Equipment Market - Porter’s Five Forces |
4. Kuwait Commercial Laundry Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Kuwait Commercial Laundry Equipment Market Trends |
6. Kuwait Commercial Laundry Equipment Market Overview, By Capacity |
6.1 Kuwait Commercial Laundry Equipment Market Revenues and Volume, By 0-30 KG, 2016-2026F |
6.2 Kuwait Commercial Laundry Equipment Market Revenues and Volume, By 31-50 KG, 2016-2026F |
6.3 Kuwait Commercial Laundry Equipment Market Revenues and Volume, By 51 KG and Above, 2016-2026F |
7. Kuwait Commercial Laundry Equipment Market Overview, By End Users |
7.1 Kuwait Commercial Laundry Equipment Market Revenue and Volumes, By Laundromats, 2016-2026F |
7.2 Kuwait Commercial Laundry Equipment Market Revenue and Volumes, By Hospitality, 2016-2026F |
7.3 Kuwait Commercial Laundry Equipment Market Revenue and Volumes, By Hospitals & Care Homes, 2016-2026F |
7.4 Kuwait Commercial Laundry Equipment Market Revenue and Volumes, By Multi-Housing, 2016-2026F |
7.5 Kuwait Commercial Laundry Equipment Market Revenue and Volumes, By Schools & Universities, 2016-2026F |
7.6 Kuwait Commercial Laundry Equipment Market Revenue and Volumes, By Public Sector, 2016-2026F |
7.7 Kuwait Commercial Laundry Equipment Market Revenue and Volumes, By Others, 2016-2026F |
8. Kuwait Commercial Laundry Equipment Market Key Performance Indicators |
9. Kuwait Commercial Laundry Equipment Market Opportunity Assessment |
9.1 Kuwait Commercial Laundry Equipment Market Opportunity Assessment, By Capacity, 2026F |
9.2 Kuwait Commercial Laundry Equipment Market Opportunity Assessment, By End Users, 2026F |
10. Kuwait Commercial Laundry Equipment Market Competitive Landscape |
10.1 Kuwait Commercial Laundry Equipment Market By Companies, 2019 |
10.2 Kuwait Commercial Laundry Equipment Market Competitive Benchmarking, By Operating Parameters, 2019 |
11. Company Profiles |
12. Key Strategic Recommendations |
13. Disclaimer |