Press release
Global Laundry Combo Sales Market Size, Industry Analysis, Segmentation and Forecast to 2025
Laundry Combo Units is a combination in a single cabinet of a washing machine and a clothes dryer. It should not be confused with a "stackable" combination of a separate washing machine and a separate clothes dryer.
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Designed to handle different types of fabric and garments such as clothes, sheets, and towels, washer dryer combos usually have functions such as temperature controls, customizable cycle controls, and ventless systems.
Due to the impact of economic crisis, laundry combo units market developed slowly in recent years. However, with the recovery trend of economy, laundry combo units market will keep growing. Viewed from the supply side, there are many manufacturers in the laundry combo units industry, while from the demand side, the current demand for laundry combo units is growing owning to people’s requirement for a comfortable and convenient style of life.
The Latin America Laundry Combo Units Industry is mainly concentrate in Brazil, Mexico, Argentina, Uruguay, Brazil is the largest production country in Latin America (production share is 42.19% in 2015), followed by Mexico. The Leading seven companies in the market occupies about 73% of the market shares. Major manufacturers in Latin America are Whirlpool, Electrolux, Mabe, Dongbu Daewoo Electronics, LG, Samsung and Bosch.
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As downstream demand grows and technical barriers become less, there will be a huge market space for laundry combo units. To grab more market, the small companies have to expand the technology, capital investment and brand influence. To meet the challenge of new entrants and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. In the future, laundry combo units market will still be a market of fierce competition.
The global Laundry Combo market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of % during 2018-2025.
The major players covered in this report
Whirlpool
Electrolux
Mabe
Dongbu Daewoo Electronics
LG
Samsung
Bosch
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