Global Laundry Accessories 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) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The global laundry accessories market is projected to grow at a CAGR of 3.9% during the forecast period. The laundry accessories market size has been estimated at USD 6.6 billion in 2018 and is expected to reach USD 8.5 billion by 2028 with an increase in demand for eco-friendly products across different applications such as commercial laundries, hotels, hospitals etc.
The study includes an in-depth analysis of the trends and growth opportunities within the laundry accessories market, that would help marketers & investors understand what is driving this industry. The report provides a comprehensive overview of key drivers and challenges impacting the market, providing valuable insights on how to stay ahead in order to compete more effectively along with necessary actionable recommendations. In terms of region, Latin America has been estimated at USD 216 million in 2018 and is expected to reach USD 296 million by 2028 thus registering a CAGR of 11%. Europe had been estimated at USD 236 million in 2018 which will grow significantly during the forecast period from 2019 onwards reaching USD 295 million by 2028 owing to various factors such as increase demand for eco-friendly products.
In terms of type, Laundry Reel is estimated to grow at the highest CAGR of 24% in terms of revenue. Laundry Reel is a device that helps in drying clothes and other laundry items. It can be used for public places like laundromats to help dry the washing machine drum or it can be used at home, typically next to an open window where breezes will carry away water droplets from the wet clothes as they dries on hanger rods. It features two sections: one with aluminum poles across which clothes are hung and another section fitted with rotating metal drums (hence called reel). The weight of wet clothing causes the rotational movement of these drums, hence facilitating quick drying by exposing them to air currents. Laundry reels come in varying load capacities depending upon their size, but range between 15 kg to 25 kg dependent on the size.
Racks are also used to dry clothes in a space, typically outdoors or indoors where there is little circulation of air for drying. They can be made from bamboo, metal wires or aluminum and usually have four poles that extend upwards with horizontal bars fitted at different heights according to individual preferences. Drying racks come in various sizes depending on the load capacity required by the user and most models support up to 20 kgs of wet clothing each.
Up Market Research published a new report titled “Laundry Accessories Market research report which is segmented by Types (Laundry Reel, Board Hanger, Chrome Hamper, Paper Storage Bag, Washing Machine Drum, Drying Rack, Lint Filter, Base), By Applications (Home Use, Commercial), By Players/Companies Garment Racks Etc, All Racks, Inc., SONGMICS, Deco Brothers, Simple Houseware, Ollieroo, Sumsung, LG, Bosch, Siemens, Whirlpool, Hisense”.
Report Scope
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 | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 213 |
Number of Tables & Figures | 150 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Laundry Accessories Market Report Segments:
The market is segmented by Type Laundry Reel, Board Hanger, Chrome Hamper, Paper Storage Bag, Washing Machine Drum, Drying Rack, Lint Filter, Base and By Application Home Use, Commercial.
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
Laundry Accessories Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Laundry Accessories Market
Overview of the regional outlook of the Laundry Accessories Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Laundry Accessories Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Laundry Accessories Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Laundry Reel
2. Board Hanger
3. Chrome Hamper
4. Paper Storage Bag
5. Washing Machine Drum
6. Drying Rack
7. Lint Filter
8. Base
7. By Application:1. Home Use
2. 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 2028.
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
Reasons to Purchase the Laundry Accessories Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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