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    Industry Insights. The global washing machine market size was estimated at USD 22.99 billion in 2015. The increasing demand for the commercial laundry equipment is expected to provide impetus to the industry growth. The commercial washing machine industry is undergoing a transition with the introduction of innovative solutions.

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    Global Food Service Equipment Market is estimated to reach $63 billion by 2024 growing at a CAGR of 5.6% between 2016 and 2024. The food service equipment market is segmented based on the type, washware equipment and geography. By type is further segmented into kitchen purpose, refrigerator, storage, ware washing, food holding & serving and others.

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