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Household Laundry Equipment Market Is Expected To Witness Incremental Growth In The Forecast Period
Household Laundry Equipment Market
The regions covered in the household laundry equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest household laundry equipment market share.
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The household laundry equipment market consists of revenues generated by entities (organizations, sole traders, or partnerships) that carry out design, manufacturing, and sales of household laundry equipment. The market also consists of sales of household-type laundry equipment including household washing machines, dryers, ironers, and other laundry equipment.
Key competitors in the household laundry equipment market include LG Electronics, Whirlpool Corporation, Haier Corporation, Electrolux AB, Panasonic Corporation, BSH Home Appliances Group, Haier Group Corporation, Miele, Siemens AG, Toshiba Corporation, and General Electric Company.
The global household laundry equipment market size is expected to grow from $101.43 billion in 2021 to $110.84 billion in 2022 at a compound annual growth rate (CAGR) of 9.3%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The household laundry market is expected to reach $150.93 billion in 2026 at a CAGR of 8.0%.
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TBRC's report segments the global household laundry equipment market:
1) By Type: Washing Machines, Ironers, Dryers, Others
2) By Technology: Automatic, Semi-Automatic/ Manual, Others
3) By Distribution Channel: Direct Selling, Retail, E-Commerce, Others
Read Further On The Household Laundry Equipment Market Here:
https://www.thebusinessresearchcompany.com/report/household-laundry-equipment-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Household Laundry Equipment Market Characteristics
3. Household Laundry Equipment Market Trends And Strategies
4. Impact Of COVID-19 On Household Laundry Equipment
5. Household Laundry Equipment Market Size And Growth
.....
27. Household Laundry Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Household Laundry Equipment Market
29. Household Laundry Equipment Market Future Outlook and Potential Analysis
30. Appendix
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