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Statistical Report: Global Residential Fully Automatic Washing Machine Market Size & Share to Surpass USD 28303.8 Million by 2026, at a 5.5% CAGR - Predicts Facts & Factors

11-21-2022 12:18 PM CET | Science & Education

Press release from: Facts & Factors

Residential Fully Automatic Washing Machine Market

Residential Fully Automatic Washing Machine Market

Findings from Facts and Factors report "Residential Fully Automatic Washing Machine Market By Machine Capacity (Below 6 Kg, Between 6 and 8 Kg, 8 Kg and Above) and By Type (Front Loading, and Top Loading): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global Residential Fully Automatic Washing Machine market in 2019 was approximately USD 19392.7 Million. The market is expected to grow at a CAGR of 5.5% and is anticipated to reach around USD 28303.8 Million by 2026.

๐‘๐ž๐š๐ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/residential-fully-automatic-washing-machine-market-by-machine-1237

Some of the essential players dominated in the market are

Whirlpool
Midea
Panasonic
LG
Haier
BSH
Samsung
Toshiba
Electrolux
Hitachi
Alliance Laundry, and Hisense Kelon among others.

Residential washing machines are used widely for washing laundry in homes, and hostels, as they save time and energy. Major market players invest in research and development to develop new models and advanced features which maximize their profits. Washing machines are nowadays generally used because of the fast lifestyle.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/sample/residential-fully-automatic-washing-machine-market-by-machine-1237

The global residential fully automatic washing machine market is primarily driven by an increase in the per capita income of individuals and improvements in rural electrification. Increased washing machine affordability and rapid urbanization also drive market development. Nevertheless, this growth is limited by the huge availability of laundry shops and by the rise of online laundry services.

Additionally, groundbreaking technical developments in washing machines to cater to consumer demand are a significant opportunity for potential business growth.

The global residential fully automatic washing machine market is segmented into type and capacity. The type has been divided into front loading and top loading.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/residential-fully-automatic-washing-machine-market-by-machine-1237

The top loading type has accounted for the largest market growth in recent years owing to its lower price and simplicity to use. Furthermore, the machine capacity of the market has been segmented into below 6 kg, between 6 and 8 kg, and 8 kg and above.

The 6-8 kg machine capacity is the most desirable segment in terms of laundry washing, as it provides better power efficiency and better value for money and is expected to grow the market in the next few years.

This report segments the residential fully automatic washing machine market as follows:

Global Residential Fully Automatic Washing Machine Market: By Machine Capacity Segmentation Analysis

Below 6 Kg
Between 6 and 8 Kg
8 Kg and Above

๐๐ž๐ž๐ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/customization/residential-fully-automatic-washing-machine-market-by-machine-1237

Global Residential Fully Automatic Washing Machine Market: By Type Segmentation Analysis

Front Loading
Top Loading

Global Residential Fully Automatic Washing Machine Market: Regional Segmentation Analysis

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa

๐‘๐ž๐š๐ ๐›๐ฎ๐ฒ๐ง๐จ๐ฐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/residential-fully-automatic-washing-machine-market-by-machine-1237

Read more posts:

https://www.linkedin.com/pulse/9-cagr-global-neuromodulation-market-size-surpass-usd-narmada-mogul/

https://www.linkedin.com/pulse/398-cagr-global-organic-personal-care-products-market-narmada-mogul/

https://www.linkedin.com/feed/update/urn:li:share:6996447058459033600/

https://www.linkedin.com/pulse/10-cagr-power-bank-market-size-worth-usd-21-billion-2026-chris-arnold/

https://www.linkedin.com/pulse/33-cagr-global-screenless-display-market-size-hit-usd-chris-arnold/

https://www.linkedin.com/feed/update/urn:li:share:6996459885643116544/

Facts & Factors
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Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction in our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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