Laundry Trolleys Market Scope
Laundry trolleys are also known as laundry cart or linen trolleys that are made up of a one-piece molded container with smooth internal walls. These trolleys have some features such as chemical resistant, stain-resistant, and lightweight and maintenance-free. It can be extensively used for transportation of laundry in hotels, hospitals, and others. The wide range of laundry trolleys covers the different processes that occur inside the laundry and during the distribution of linen. Moreover, these heavy duty containers and have proven their capability in the industry. The laundry trolley market is expected to grow due to the increasing infrastructure of hotels and hospitals in developing economies.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Metos Manufacturing (Finland), Gharieni Group (Germany), IPC (Italy), MHA Products (Australia), Girbau (Spain), Wagen Material Handling (Australia), Polymedic (Australia), Royal Basket Trucks (United States), InterMetro Industries (United States), LUXOR (United States), Ascolia (Belgium), Modroto (United States) and Numatic International Ltd. (United Kingdom) |
CAGR | % |
The laundry trolley market is fragmented and it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Laundry Trolleys market throughout the predicted period.
Metos Manufacturing (Finland), Gharieni Group (Germany), IPC (Italy), MHA Products (Australia), Girbau (Spain), Wagen Material Handling (Australia), Polymedic (Australia), Royal Basket Trucks (United States), InterMetro Industries (United States), LUXOR (United States), Ascolia (Belgium), Modroto (United States) and Numatic International Ltd. (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Wanzl (India) and SoClean (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Laundry Trolleys market by Type , by Application (Hospitals, Hotels, Retirement Homes, Resorts, Laundry Companies and Other) and Region with country level break-up.
On the basis of geography, the market of Laundry Trolleys has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In March 2024,Cintas Corporation continues to grow with the latest acquisition of a Pennsylvania-based uniform and facility services company, family-owned Paris Uniform Services, according to a news release.
In July 2019, Girbau, a world leader in comprehensive professional laundry solutions launched Mobile Laundry Mini, a new concept of transportable, adaptable plug&play self-service laundry designed specially to be operated at retail sites like supermarkets and other.
Influencing Trend:
Growing Demand of Stable and Sturdy, and Load-bearing Trolleys among Industries
Market Growth Drivers:
Increasing Infrastructure of Garments, Hotels, Hospitals, and Others in Developing Countries and Rising Demand from Laundry Companies for Transportation of Dirty Clothes
Challenges:
High Cost Associated With Laundry Trolleys
Restraints:
Fluctuating Raw Material Prices
Opportunities:
Increasing Demand from Emerging Economies and Increasing Adoption of Foldable Laundry Trolleys for Housekeeping
Key Target Audience
New Entrants/Investors, Venture Capitalists and Private Equity Firms, Laundry Trolley Manufacturer, Raw Material Suppliers, Research Organization, Government Research Organizations and End-Users