Industry Analysis & Industry Trends
The Commercial Washing Machine Manufacturing industry, like many others, suffered during the recession, but has managed to rebound swiftly as old machines have been replaced. However, this growth is expected to slow as more people buy homes rather than rent apartments, where commercial washing machines are most often used.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Commercial Washing Machine Manufacturing industry is in the mature stage of its life cycle. In the 10 years to 2018, industry value added, which measures this industry's contribution to the overall economy, is projected to increase at an annualized rate of 1.3%. Over the same period, US GDP is forecast to grow at an average annual rate of 2.1%. As a result, this industry's importance to the economy is relatively stable, which indicates a mature industry.
This industry also exhibits other characteristics of a mature industry. Industry products are well rationalized and stable; firms produce commercial washing machines of various load styles and sizes... purchase to read more