Nigeria Commercial Laundry Equipment Market (2020-2026) | Trends, Revenue, Size, Growth, Analysis, Industry, Companies, Value, Outlook, Share, Forecast & COVID-19 IMPACT

Nigeria commercial laundry equipment market is expected to witness robust growth over the coming years principally due to sustained economic reforms and government investment in infrastructural development activities. The Nigerian government has launched the Economic Recovery and Growth Plan (EGRP), post-recession to support economic growth, and has taken keen initiatives to diversify the economy of the country from oil export towards other sectors. The country has witnessed a rise in trade and commercial activities in recent years. Additionally, the Nigeria Smart City initiative introduced by the Nigerian government which targets to speed up the infrastructural development activities coupled with the government’s efforts to attract huge international tourists will further strengthen the commercial laundry equipment market during the forecast period.

According to 6Wresearch, Nigeria Commercial Laundry Equipment Market size is expected to witness significant growth during 2020-2026. Increasing foreign investment, rising e-commerce business, an increasing number of hotels and resorts, infrastructure development activities, entry of a large number of local commercial laundry equipment players, increasing number of tourists as well as rapid urbanization are some of the key growth drivers of the commercial laundry equipment market in Nigeria. However, the growth of the commercial laundry equipment market in Nigeria is anticipated to witness a slowdown during the first half of 2020-2021 due to the outbreak of the Covid-19 pandemic. The market is expected to recover gradually over the next few years.

Currently, the hospitality, hospitals & care homes segment is dominating the overall commercial laundry equipment market sales in Nigeria due to busy and hectic lifestyle of consumers. Whereas, in terms of capacity, the commercial laundry equipment market in Nigeria is categorized into 0–30 Kg, 31–50 Kg, and 51Kg & Above. Additionally, in terms of end-users, the Nigerian commercial laundry equipment market is segmented into laundromats, hospitality, hospitals & care homes, multi-housing, schools & universities, public sector and others. Further, the hospitals and clinics are also recording significant growth in revenues due to the spread of Covid-19 pandemic which has resulted in an increasing usage of commercial laundry equipment services across hospitals and other healthcare centers in Nigeria.

Some of the key players operating in Nigeria commercial laundry equipment market are Al Jabr Laundry, Samsung, Electrolux AB, Whirlpool Corporation, Alliance Laundry Systems Limited, IFB, Dexter Laundry Systems, EDRO Corporation and Forenta LP.

The Nigeria commercial laundry equipment market report comprehensively covers the market by capacity and by end users. The Nigeria commercial laundry equipment market outlook report provides an unbiased and detailed analysis of the Nigeria commercial laundry equipment market trends, Nigeria commercial laundry equipment market share, opportunities, high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Nigeria Commercial Laundry Equipment Market Overview
• Nigeria Commercial Laundry Equipment Market Outlook
• Nigeria Commercial Laundry Equipment Market Forecast
• Historical Data of Nigeria Commercial Laundry Equipment Market Revenues for the Period 2016-2019
• Nigeria Commercial Laundry Equipment Market Size and Nigeria Commercial Laundry Equipment Market Forecast of Revenues, Until 2026
• Historical Data of Nigeria Commercial Laundry Equipment Market Revenues, By Capacity, for the period 2016-2026
• Market Size & Forecast of Nigeria Commercial Laundry Equipment Market Revenues and Volumes, By Capacity, Until 2026.
• Historical Data of Nigeria Commercial Laundry Equipment Market Revenues, By End Users, for the period 2016-2026
• Market Size & Forecast of Nigeria Commercial Laundry Equipment Market Revenues and Volumes, By End Users, Until 2026.
• Market Drivers and Restraints
• Nigeria Commercial Laundry Equipment Market Trends and Industry Life Cycle
• Market Opportunity Assessment
• Nigeria Commercial Laundry Equipment Market Share, By Players
• Nigeria Commercial Laundry Equipment Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

 Markets Covered

The Nigeria commercial laundry equipment market report provides a detailed analysis of the following market segments:

• By Capacity:
• 0–30 Kg,
• 31–50 Kg, and
• 51Kg & Above 
  
  
• By End Users:
• Laundromats
• Hospitality
• Hospitals & Care Homes
• Multi-Housing
• Schools & Universities
• Public Sector
• Others

Frequently Asked Questions About the Market Study (FAQs):