Global Laundry Accessories market cagr 10.3%

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Laundry Accessories Market

Laundry Accessories Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Laundry Accessories Market Size and Growth

The Laundry Accessories market is projected to grow significantly, driven by increasing consumer demand for efficient laundry solutions. As of 2023, the market size is estimated at approximately $10 billion, with a compound annual growth rate (CAGR) of 4.5%. Key trends include eco-friendly products and innovations enhancing convenience and efficiency.

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Companies Covered

(Covid 19 Impact Covered)

◍ Garment Racks Etc

◍ LG

◍ Deco Brothers

◍ All Racks, Inc.

◍ Sumsung

◍ SONGMICS

◍ Siemens

◍ Ollieroo

◍ Simple Houseware

◍ Bosch

◍ Whirlpool

◍ Hisense

The Laundry Accessories Market features key players like LG, Samsung, and Whirlpool, offering innovative products such as garment racks and drying solutions. Companies like SONGMICS and Simple Houseware enhance customer convenience, driving market growth. Revenue figures include Whirlpool's $21 billion and LG's $54 billion, supporting their strong market presence.

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Market Segmentation

By Application

Home Use

Commercial

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By Product

Laundry Reel

Board Hanger

Chrome Hamper

Paper Storage Bag

Washing Machine Drum

Drying Rack

Lint Filter

Base

Market Growth

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$ X Billion USD

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