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Global Home Laundry Appliances Market Analysis by focusing On top vendors like Godrej.com, Midea Group, Electrolux, Haier lnc., Flipkart.com, Koninklijke Philips N.V., Hitachi Appliances, Inc., SAMSUNG, Whirlpool Corporation, IFB Industries Limited, LG El
Global Home Laundry Appliances Market
Global Home Laundry Appliances Market is expected to grow with a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to the growing expenses on clothes and purchasing power of individuals.
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Segmentation of Global Home Laundry Appliances Market
Global Home Laundry Appliances Market By Product (Washers, Dryers, Steamers, Smoothing Irons, Others), Technology (Automatic, Semi-Automatic, Others), Type (Built-In, Freestanding), Distribution Channel (Retail, Direct, E-Commerce, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Key Market Competitors: Global Home Laundry Appliances Market
Few of the major competitors currently working in the home laundry appliances market are Godrej.com, Midea Group, Electrolux, Haier lnc., Flipkart.com, Koninklijke Philips N.V., Hitachi Appliances, Inc., SAMSUNG, Whirlpool Corporation, IFB Industries Limited, LG Electronics, BSH Home Appliances Group, Candy, Miele & Cie. KG, SHARP CORPORATION and Panasonic Corporation.
Key Insights in the report:
• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global taste modulators market
• Analyze and forecast the taste modulators market on the basis of, application and type.
• Trends of key regional and country-level markets for processes, derivative, and application
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Customization Options
• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
Market Definition: Global Home Laundry Appliances Market
Home laundry appliances are those devices/equipments that are used to clean the clothes and textiles of a household, these appliances majorly consist of washing machines and dryers. It involves the usage of detergent and water to clean fabrics/clothes inside a washing machine, while a dryer is used to remove the moisture from the clothes after they have been washed.
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Market Drivers:
• Growing innovations and advancements in the technologies utilized resulting in effective and advanced product offerings, this factor is expected to act as a driver for the market growth
Market Restraints:
• Concerns regarding water and energy saving resulting in adoption of environmental friendly substitutes, this factor is expected to restrain the market growth
Key Developments in the Market:
• In January 2019, SAMSUNG announced the launch of consumer home appliances integrated with “Bixby” SAMSUNG’s voice assistant at the CES 2019 held in Las Vegas, United States. With the integration of its smart voice assistant, users can organize and schedule the washing periods. “Bixby” also suggests the washing pattern according to the load and color patterns.
• In August 2018, Flipkart.com launched washing machines under their private label brand “MarQ”. The new machines will be equipped with all the essential technologies and qualitative accessories, at affordable pricing.
Competitive Analysis: Global Home Laundry Appliances Market
Global home laundry appliances market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of home laundry appliances market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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Email: sopan.gedam@databridgemarketresearch.com
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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