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The residential washing machine market is forecasted to grow by USD 49.4 billion during 2023-2028, accelerating at a CAGR of 11.55% during the forecast period. The report on the residential washing machine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product innovation leading to portfolio extension and product premiumization, expanding online laundry market, and increased adoption of integrated smart home technology.
The residential washing machine market is segmented as below:
By Product
- Top load
- Front load
By Technology
- Fully automatic
- Semi automatic
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the residential washing machine market covers the following areas:
- Residential washing machine market sizing
- Residential washing machine market forecast
- Residential washing machine market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global residential washing machine market: AB Electrolux, Alliance Laundry System LLC, Avanti Products LLC, Godrej and Boyce Manufacturing Co. Ltd., Haier Smart Home Co. Ltd., Hitachi Ltd., IFB Industries Ltd., LG Corp., MIDEA Group Co. Ltd., Miele and Cie. KG, MIRC Electronics Ltd., Panasonic Holdings Corp., Robert Bosch Stiftung GmbH, Samsung Electronics Co. Ltd., Siemens AG, Smeg S.p.a., TCL Electronics Holdings Ltd., Toshiba Corp., Transform Holdco LLC, and Whirlpool Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing demand for portable washing machines."
According to the report, one of the major drivers for this market is the product innovation leading to portfolio extension and product premiumization.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Electrolux
- Alliance Laundry System LLC
- Avanti Products LLC
- Godrej and Boyce Manufacturing Co. Ltd.
- Haier Smart Home Co. Ltd.
- Hitachi Ltd.
- IFB Industries Ltd.
- LG Corp.
- MIDEA Group Co. Ltd.
- Miele and Cie. KG
- MIRC Electronics Ltd.
- Panasonic Holdings Corp.
- Robert Bosch Stiftung GmbH
- Samsung Electronics Co. Ltd.
- Siemens AG
- Smeg S.p.a.
- TCL Electronics Holdings Ltd.
- Toshiba Corp.
- Transform Holdco LLC
- Whirlpool Corp.