According to the latest report by IMARC Group “Washing Machine Market Trends: Global Industry Size, Share, Growth, Opportunity and Forecast 2021-2026“, The global washing machine market exhibited stable growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.5% during 2021-2026.
A washing machine is a commonly used electronic appliance that assists in the performing laundry of clothes and fabrics. It also aids in spinning fabrics at high speed and removing dirt from the fiber. It comprises several internal components, including tub, balance rings, tub guards and pumps. Presently, it is widely available in semi-automatic, fully automatic, and top- and front-load variants across the globe.
Request for a free sample copy of this report: https://www.imarcgroup.com/washing-machine-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
Due to sedentary lifestyles, the on-demand laundry and dry-cleaning services are gaining traction among the masses. This represents one of the key factors bolstering the growth of the market. Moreover, as a washing machine helps in reducing manual labor,it finds extensive application in the residential and commercial sectors worldwide. Apart from this, leading manufacturers are developing energy-efficient variants with minimal carbon footprints. They are also focusing on integrating smartphone applications with advanced solutions for real-time alerts and remote access. This is anticipated to drive the market further.
Breakup by Product:
- Fully Automatic
- Front Load
- Top Load
- Semi-Automatic
- Dryers
Breakup by Technology:
- Smart Connected
- Conventional
Breakup by Capacity:
- Below 6 kg
- 6.1 to 8 kg
- Above 8 kg
Breakup by Application:
- Healthcare
- Hospitality
- Others
Breakup by End Use:
- Commercial
- Residential
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- AB Electrolux
- Alliance Laundry Systems LLC
- Godrej Group
- Haier Group Corporation
- IFB Industries Limited
- LG Electronics Inc.
- MIRC Electronics Limited
- Panasonic Corporation
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Toshiba Corporation
- Whirlpool Corporation.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/washing-machine-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800