Washing Machine Market is Likely to Upsurge USD 111.40 Billion Globally by 2029, Size, Share, Trends, Demand, Growth Forecast and Opportunity outlook

Published June 7, 2023

The first class Washing Machine Market report is a complete overview of the market, covering various aspects like product definition, segmentation based on various parameters, and the prevailing vendor landscape. With this promotional report, businesses can create a unique space in the global industry and get identified as the most consistent and dedicated growth partner for market research, strategy formulation and sustainable organizational development. The market transformations are highlighted here which occur because of the moves of key players and brands like developments, product launches, joint ventures, mergers and acquisitions that in turn changes the view of the global face of Abc industry.

The high quality Washing Machine market report includes all the company profiles of the top market players and brands. Client’s needs are understood well by experts leveraging their expertise and strong knowledge base to identify and evaluate competition and chalk out strategic programs, with short-term goals and long-term objectives. This market analysis document provides an ideal window to the industry which explains what market definition, classifications, applications, engagements and market trends are. Washing Machine market research report also gives description about the complete market analysis with inputs from industry experts.

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Washing Machine Market

Rising pollution level owing to the various reasons such as surging buildings and construction activities, rising number of automobiles and so on leads to dirtying the clothes. Moreover, global warming has increased the earth’s temperature resulting in more and excessive sweating. All this calls for a product that can wash the clothes and ready them as new. This is where washing machines come into play.

  • Data Bridge Market Research analyses that the washing machine market value, which was USD 57.36 billion in 2021, is expected to reach the value of USD 111.40 billion by 2029, at a CAGR of 8.65% during the forecast period. “Residential” accounts for the most prominent end use segment in the washing machine market owing to the growing urbanization and increasing personal disposable income. The washing machine market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.

Global Washing Machine Market Definition

From the name itself, it is clear that washing machine is an electronic appliance that is used to wash the clothes, rinse it off of dirt, remove the bad odor and ultimately dry the clothes. Washing machines are available easily in the market via both online and offline modes of distribution and can be availed as per the capacity requirement.

Report Scope and Market Segmentation

Forecast Period 2022 to 2029
Base Year 2021
Historic Years 2020 (Customizable to 2019 – 2014)
Quantitative Units Revenue in USD Million, Volumes in Units, Pricing in USD
Segments Covered Product (Fully Automatic, Semi-Automatic, Dryers), Technology (Smart Connected, Conventional), Capacity (Less than 6KG, 6.1-8KG, Above 8KG), End Use (Commercial, Residential), Application (Healthcare, Hospitality, Others), Sales Channel (E-Commerce, Retail Chains, Direct Sales)
Countries Covered U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Market Players Covered Alliance Laundry Systems LLC (US), Girbau North America (US), Electrolux Electrolux (Sweden), Fisher & Paykel Appliances Ltd (New Zealand), GENERAL ELECTRIC COMPANY (US), Haier Inc. (China), IFB Industries Limited (India), LG Electronics (South Korea), SAMSUNG (South Korea), MIRC ELECTRONICS LIMITED (India), Panasonic Corporation (Japan), BSH Home (Germany), Midea Group (China), Whirlpool Corporation (US), Toshiba Corporation (Japan), Godrej (India), Miele & Cie. KG (Germany), Robert Bosch GMBH (Germany), SHARP CORPORATION (Japan) and Arcelik A.S. (Turkey)
Market Opportunities
  • Surging number of research and development activities
  • Growth and expansion of travel and tourism industry
  • Rising use of smart and connected technology because the incidence of internet of things

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The Market Dynamics of the Washing Machine Market Include:

  • Infrastructural activities influenced the market growth

Growth in the rate of infrastructural development activities is widening the scope of growth for the market. Increasing number of residential and commercial spaces especially in the developing economies is directly influencing the market growth of the market. Also, growth and expansion of consumer electronics industry is directly influencing the market growth rate.

  • Growing awareness to direct the market demand and supply

Increased awareness about the smart washing machines is inducing increased demand and application by the small and medium scale enterprises. For example- there is a huge demand for smart washing machines by the hotel, travel and tourism industry.

  • Rising research and development operations

Increased funding from federal government pertaining to the research and development proficiencies is also bolstering the growth of the market. Research and developmental operations directed towards sustainable development will ensure optimum and judicious use of resources, thereby improving the market value.

  • Rise in the technological advancements

Rising technological advancements pertaining to the manufacturing technology is further inducing growth in the market value. Increasing number of technological advancements driven with a view to minimize the production costs and wastage coupled with rise in the acceptance of laundry services that are accessible over the internet has ensured a bright future for the market.

Table of Contents:

Chapter 1: Introduction

Chapter 2: Market Segmentation

Chapter 3: Executive Summary

Chapter 4: Premium Insights

Chapter 5: Global Washing Machine Market: Regulations

Chapter 6: Market Overview

Chapter 7: Global Washing Machine Market, By Type

Chapter 8: Global Washing Machine Market, By End User

Chapter 9: Global Washing Machine Market, By Region

Chapter 10: Global Washing Machine Market: Company Landscape

Chapter 11: SWOT Analyses

Chapter 12: Company Profile

Chapter 13: Questionnaires

Chapter 14: Related Reports

Countries Studied:

  1. North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  2. Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  3. Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  4. Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

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