Pune, India, April 17, 2019 -- /360iResearch/ -- The report "Australia Commercial Laundry Machinery Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025 (Q1 2019 Update)", published by 360iResearch, states that the australia market was valued at USD 116.15 million in 2018 and is projected to reach USD 144.79 million by 2025, growing at a CAGR of 3.20% from 2018 to 2025.
The major forces driving the growth of the commercial laundry machinery market include the increasing application in industries to clean cloth and linens and growing demand for technologically advanced electronic control machines. However certain factors such as the cost associated with maintenance, labour, and chemical may hinder the market growth. In the middle of difficulty lies opportunity such as the eco-friendly and cost-effective polymer bead technology for commercial laundry, and card-operated commercial laundry equipment. The possible challenges for the market growth is increasing cost of raw materials such as nickel and copper coupled with high installation costs. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on type, the australia commercial laundry machinery market is studied across Commercial Dryer, Commercial Ironer, Continuous Batch Washer, Front Loader, Top Loader, and Washer Extractor. Based on geography, the australia commercial laundry machinery market is studied across.
The report features a competitive scenario of the commercial laundry machinery market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Aqualogic Laundry Systems, Commercial Laundry Solutions Pty Ltd, Continental Girbau, Inc., Dependable Laundry Solutions, Dexter Laundry Inc., LG Electronics Inc., Laundry Solutions Australia, Maytag Corporation, Miele & Cie. KG., NQ Laundry, Pellerin Milnor Corporation, Richard Jay Laundry Equipment Pty Ltd, Spencer Systems, Total Commercial Equipment, and Whirlpool Corporation.
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