Press release
Astonishing Growth in Washing Machine Market 2020- 2027 | BSH Home Appliances Corporation,Electrolux,Godrej & Boyce Manufacturing Company Limited,Haier Group,IFB
Washing Machine market
Washing machines are the home appliances that are used for washing laundry, as they save time and energy. The rising affordability of washing machines and growing urbanization are driving the growth of the washing machine market. Growing the use of washing machine in commercial application such as in hospitals, hotels, laundries, and others are further bolster the growth of the washing machine market.
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Leading companies profiled in the report include BSH Home Appliances Corporation,Electrolux,Godrej & Boyce Manufacturing Company Limited,Haier Group,IFB,LG Electronics,Panasonic,SAMSUNG,TOSHIBA LIFESTYLE PRODUCTS & SERVICES CORPORATION,Whirlpool
The increasing demand for commercial laundry equipment is provided an impetus to the growth of the washing machine market. The manufacturer is introducing next-generation washing machines utilizing technology for the efficient use of electricity and water which is also a positive impact on the growth of the market. Factors such as digitalization, urbanization, changing lifestyles, and increasing demand in emerging economies are augmenting the growth of the washing machine market.
The report highlights key growth strategies adopted by these players of the Washing Machine industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.
Market Segmentation:
On the basis of Product Type:
o Fully automatic
o Semi-automatic
On the basis of Technology:
o Top load
o Front load
On the basis of Machine Capacity:
o Below 6 kg
o 6 to 8 kg
o Above 8 kg
On the basis of End-User:
o Residential
o Commercial
The Washing Machine market is segmented based on a, b, and c. The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.
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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.
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