Laundry Folding Robots Market to grow by USD 495.98 bn from 2021 to 2025|Evolving Opportunities with Consolidated Laundry Machinery & FoldiMate Inc. 17000+ Technavio Reports
NEW YORK, Oct. 22, 2021 /PRNewswire/ -- The laundry folding robots market is set to grow by USD 495.98 mn from 2021 to 2025, progressing at a CAGR of 38.86% as per the latest report by Technavio.
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The laundry folding robots market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The market is driven by the growing acceptance of personal service robots. However, the factors such as the inability of robots to fold clothes of extreme sizes may impede market growth.
The Laundry Folding Robots Market is segmented by End-user (Residential and Commercial) and Geography (APAC, North America, Europe, MEA, and South America). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The laundry folding robots market covers the following areas:
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