Residential Washing Machine Market Size, Trends, Opportunities, Innovations & Forecast till 2023


A new market research report on the Global Residential Washing Machine market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Residential Washing Machine market. The Global Residential Washing Machine  analysis is broken down on different segmentation levels including Market By Product, By Machine Capacity.

Residential washing machine is a household appliance used to wash laundry. The components of a washing machine include a motor connected to the barrel through a transmission belt that contains the agitator. The spinning of the agitator creates centrifugal force, which helps in the removal of water from the laundry along with dirt. A washing machine is an essential household appliance, as it provides an easy and convenient laundering option. Increase in government initiatives toward rural household development in many developing countries in Asia-Pacific is expected to increase the demand for residential washing machines.

The major factors that drive the global residential washing machine industry include increase in number of working women, thereby contributing to higher disposable income coupled with insufficient time for laundry, and rapid urbanization. In addition, decrease in selling price of the residential washing machine is expected to fuel the demand. However, laundry shops that provide better laundry service compared to washing machine and increase in online laundry services limit the market growth. Technological progress in washing machine technology and innovation has led to better washing machine which saves energy and water consumption, thereby presenting a major opportunity for growth of global residential washing machine market size.
Global residential washing machine market is segmented on the basis of product, machine capacity, and geography. By product, it is categorized into fully automatic, semi-automatic, and dryer. Based on machine capacity, it is divided into below 6 kg, between 6 and 8 kg, and 8 kg & above. Based on geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players analyzed in this report are Samsung Group (South Korea), LG Electronics Inc. (South Korea), Siemens AG (Germany), Haier Group Corporation (China), AB Electrolux (Sweden), Whirlpool Corporation (U.S.), Robert Bosch GmbH (Germany), Miele and Cie. KG (Germany), Panasonic Corporation (Japan), and GE Appliances (U.S.).
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the residential washing machine market, with current trends and future estimations to elucidate the investment pockets.
- Comprehensive analysis of factors that drive and restrict the market growth is provided.
The report provides a quantitative analysis to help the stakeholders to capitalize on prevailing market opportunities.
- Extensive analysis of different segments facilitates to understand various products of the market.
- Key players are profiled and their strategies are analyzed thoroughly to predict the competitive outlook of the market.
Key Market Segments
By Product
- Fully Automatic
- Semi-automatic
- Dryer
By Machine Capacity
- Below 6 Kg
- Between 6 and 8 Kg
- 8 Kg & Above
By Geography
North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Brazil
- Argentina
- Chile
- Middle East
- Africa
- Rest of LAMEA
Table of Content
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pocket
3.2.2. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of competitive rivalry
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Rising disposable income & improving rural electrification
3.4.1.2. Rising affordability of washing machine & increased urbanization
3.4.2. Restraints
3.4.2.1. Availability of laundry shops
3.4.2.2. Growing online laundry services
3.4.3. Opportunities
3.4.3.1. Technological and innovative advancement
3.5. REGULATORY FRAMEWORK
3.6. MARKET SHARE ANALYSIS (%)
CHAPTER 4 RESIDENTIAL WASHING MACHINE MARKET, BY PRODUCT TYPE
4.1. INTRODUCTION
4.1.1. Market size and forecast
4.2. FULLY AUTOMATIC
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast by region
4.2.3. Market size and forecast by country
4.3. SEMI-AUTOMATIC
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast by region
4.3.3. Market size and forecast by country
4.4. DRYER
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast by region
4.4.3. Market size and forecast by country
CHAPTER 5 RESIDENTIAL WASHING MACHINE MARKET, BY MACHINE CAPACITY
5.1. INTRODUCTION
5.1.1. Market size and forecast
5.2. BELOW 6 KG
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast by region
5.2.3. Market size and forecast by country
5.3. BETWEEN 6-8 KG
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast by region
5.3.3. Market size and forecast by country
5.4. 8 KG AND ABOVE
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast by region
5.4.3. Market size and forecast by country
CHAPTER 6 RESIDENTIAL WASHING MACHINE MARKET, BY GEOGRAPHY
6.1. INTRODUCTION
6.1.1. Key market trends, growth factors, and opportunities
6.1.2. Market size and forecast
6.2. NORTH AMERICA
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast
6.2.3. U.S.
6.2.3.1. Market size and forecast, By Product Type
6.2.3.2. Market size and forecast, By Machine Capacity
6.2.4. Canada
6.2.4.1. Market size and forecast, By Product Type
6.2.4.2. Market size and forecast, By Machine Capacity
6.2.5. Mexico
6.2.5.1. Market size and forecast, By Product Type
6.2.5.2. Market size and forecast, By Machine Capacity
6.3. EUROPE
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast
6.3.3. UK
6.2.3.1. Market size and forecast, By Product Type
6.2.3.2. Market size and forecast, By Machine Capacity
6.3.4. Germany
6.2.4.1. Market size and forecast, By Product Type
6.2.4.2. Market size and forecast, By Machine Capacity
6.3.5. France
6.2.5.1. Market size and forecast, By Product Type
6.2.5.2. Market size and forecast, By Machine Capacity
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