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Global Washing Machines Market Report 2022: Sales Channel Analysis, Advancement, Industry Size Forecast To 2031 | Whirlpool Corporation, Panasonic Corporation, Robert Bosch GmbH, Miele
Washing Machines Market
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The global washing machine market report by the business research company identifies Rapid Urbanization to be a major growth driver for the washing machine market. According to UNCTAD handbook of statistics 2020, globally the share of urban population increased to 55.7% in 2019. It is generally higher in the developed (80.5% in 2019) than in the developing (51.1% in 2019).
The global washing machines market grew from $73.31 billion in 2021 to $75.59 billion in 2022 at a compound annual growth rate (CAGR) of 3.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The washing machines market is expected to grow to $89.18 billion in 2026 at a CAGR of 4.2%.
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Asia Pacific was the largest region in the washing machine market in 2021. Western Europe was the second-largest region in the washing machine market. The regions covered in the washing machine market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the washing machine market are Whirlpool Corporation, Panasonic Corporation, Robert Bosch GmbH, Miele, Haier Group Corporation, Electrolux AB, GE Appliances, AEG, Tecnik, and IFB.
The global washing machine market is segmented -
1) By Type: Fully Automatic, Semi-Automatic, Others
2) By Product: Automatic, Semi-automatic, Dryers
3) By Sales Channel: E-Commerce, Retail Chains, Direct Sales
4) By Technology: Top Load, Front Load
5) By Application: Residential, Commercial
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The Washing machine Market Report Contents Include
1. Executive Summary
2. Washing Machines Market Characteristics
3. Washing Machines Market Trends And Strategies
4. Washing Machines Market - Macro Economic Scenario
5. Washing Machines Market Size And Growth
....
27. Washing Machines Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Washing Machines Market
29. Washing Machines Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the washing machine market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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