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: ETC002724 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Saudi Arabia commercial laundry equipment market is expected to witness robust growth over the coming years on account of the increasing tourism and hospitality sector in the country. The trend of commercial laundry services is quite new and gaining significant momentum across airlines, hotels, industrial operations, hospitals, and other government organizations in Saudi Arabia. Additionally, technological innovation, as well as the pressing need to adopt sustainable practices to conserve water in the region, would further drive the growth of the commercial laundry equipment market in Saudi Arabia.
According to 6Wresearch, Saudi Arabia Commercial Laundry Equipment Market size is expected to witness substantial growth during 2020-2026. An increasing number of pilgrims, the rising number of technology-driven partnerships among players, the growing working-class population, the busy and hectic lifestyle, and the increasing disposable income of consumers are some of the key growth drivers of the commercial laundry equipment market in Saudi Arabia. However, the growth of commercial laundry equipment in Saudi Arabia is anticipated to witness a slow down during the first half of 2020-2021 due to the outbreak of the Covid-19 pandemic. The market is expected to recover at the beginning of the year 2021 in some regions in Saudi Arabia, whereas, in other regions of Saudi Arabia the market is likely to recover gradually over the next few years.
Based on capacity, the commercial laundry equipment market in Saudi Arabia is categorized into 0–30 Kg, 31–50 Kg, and 51Kg & Above. Whereas, in terms of end-users, the Saudi Arabia 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 are dominating the overall commercial laundry equipment market sales in Saudi Arabia 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 an increased usage of commercial laundry equipment services across hospitals and other healthcare centers in Saudi Arabia.
Some of the key players operating in Saudi Arabia 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 Saudi Arabia commercial laundry equipment market report comprehensively covers the market by capacity and by end-users. The Saudi Arabia commercial laundry equipment market outlook report provides an unbiased and detailed analysis of the Saudi Arabia commercial laundry equipment market trends, Saudi Arabia commercial laundry equipment market share, opportunities, high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Saudi Arabia commercial laundry equipment market is expected to gain momentum in the upcoming six years on the back of the rising progressive growth of the hospitality sector. Further, rising religious tourist influx in the country that tends to register hotels for stay and laundry is part of the accommodation which is expected to increased commercial laundry equipment such as washer-extractors and tumble dryers as well and would benefit the Saudi Arabia region to score extensive growth in the coming years. Additionally, the rising expatriate population is also seeking laundry services as a result, it is expected to benefit Saudi Arabia commercial laundry market to grow exponentially in the coming timeframe.
Saudi Arabia commercial laundry equipment market is expected to gain momentum in the upcoming six years on the back of the rising progressive growth of the hospitality sector. Further, rising religious tourist influx in the country that tends to register hotels for stay and laundry is part of the accommodation which is expected to increased commercial laundry equipment such as washer-extractors and tumble dryers as well and would benefit the Saudi Arabia region to score extensive growth in the coming years. Additionally, the rising expatriate population is also seeking laundry services as a result, it is expected to benefit Saudi Arabia commercial laundry market to grow exponentially in the coming timeframe.
Key Highlights of the Report:
Markets Covered
The Saudi Arabia 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. Saudi Arabia Commercial Laundry Equipment Market Overview |
3.1 Saudi Arabia Commercial Laundry Equipment Market Revenues and Volume, 2016-2026F |
3.2 Saudi Arabia Commercial Laundry Equipment Market Revenue Share, By Capacity, 2019 & 2026F |
3.3 Saudi Arabia Commercial Laundry Equipment Market Revenue Share, By End Users, 2019 & 2026F |
3.4 Saudi Arabia Commercial Laundry Equipment Market - Industry Life Cycle |
3.5 Saudi Arabia Commercial Laundry Equipment Market - Porter’s Five Forces |
4. Saudi Arabia Commercial Laundry Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Saudi Arabia Commercial Laundry Equipment Market Trends |
6. Saudi Arabia Commercial Laundry Equipment Market Overview, By Capacity |
6.1 Saudi Arabia Commercial Laundry Equipment Market Revenues and Volume, By 0-30 KG, 2016-2026F |
6.2 Saudi Arabia Commercial Laundry Equipment Market Revenues and Volume, By 31-50 KG, 2016-2026F |
6.3 Saudi Arabia Commercial Laundry Equipment Market Revenues and Volume, By 51 KG and Above, 2016-2026F |
7. Saudi Arabia Commercial Laundry Equipment Market Overview, By End Users |
7.1 Saudi Arabia Commercial Laundry Equipment Market Revenue and Volumes, By Laundromats, 2016-2026F |
7.2 Saudi Arabia Commercial Laundry Equipment Market Revenue and Volumes, By Hospitality, 2016-2026F |
7.3 Saudi Arabia Commercial Laundry Equipment Market Revenue and Volumes, By Hospitals & Care Homes, 2016-2026F |
7.4 Saudi Arabia Commercial Laundry Equipment Market Revenue and Volumes, By Multi-Housing, 2016-2026F |
7.5 Saudi Arabia Commercial Laundry Equipment Market Revenue and Volumes, By Schools & Universities, 2016-2026F |
7.6 Saudi Arabia Commercial Laundry Equipment Market Revenue and Volumes, By Public Sector, 2016-2026F |
7.7 Saudi Arabia Commercial Laundry Equipment Market Revenue and Volumes, By Others, 2016-2026F |
8. Saudi Arabia Commercial Laundry Equipment Market Key Performance Indicators |
9. Saudi Arabia Commercial Laundry Equipment Market Opportunity Assessment |
9.1 Saudi Arabia Commercial Laundry Equipment Market Opportunity Assessment, By Capacity, 2026F |
9.2 Saudi Arabia Commercial Laundry Equipment Market Opportunity Assessment, By End Users, 2026F |
10. Saudi Arabia Commercial Laundry Equipment Market Competitive Landscape |
10.1 Saudi Arabia Commercial Laundry Equipment Market By Companies, 2019 |
10.2 Saudi Arabia Commercial Laundry Equipment Market Competitive Benchmarking, By Operating Parameters, 2019 |
11. Company Profiles |
12. Key Strategic Recommendations |
13. Disclaimer |