The global washing machine market is expected to reach USD 42.16 billion by 2025, according to this new report. Increased needs for differentiated products and services have led to an upsurge in investments for R&D activities. Ongoing advancements, such as coin laundry, crowdsourced supply, and on-demand services, are drawing investors toward the laundromat and laundry industries seeking minimal on-site management obligations. Moreover, the commercial laundry space is becoming more automated with the introduction of Internet-enabled features in the washing machines.
Source: Washing Machine Market Analysis 2014 – 2025 – Research and Markets