Press release
Global Household Laundry Equipment Market Insights, Industry Outlook, Growing Trends And Demands
Household Laundry Equipment Market
As per the household laundry equipment market report by The Business Research Company, increasing demand for online on-demand laundry services is expected to restrain the market for household laundry equipment in the forecast period. The on-demand laundry services market is expected to be aided by a stable economic growth forecast in many developed and developing countries.
The global household laundry equipment market size will grow from $95.91 billion in 2022 to $103.24 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global household laundry equipment market size is expected to grow to $132.28 billion in 2027 at a CAGR of 6.4%.
Read More On The Household Laundry Equipment Market Report Here:
https://www.thebusinessresearchcompany.com/report/household-laundry-equipment-global-market-report
Major 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 household laundry equipment market is segmented -
By Type: Washing Machines, Ironers, Dryers, Others - Household Laundry Equipment
By Technology: Automatic, Semi-Automatic/ Manual, Other Technologies
By Distribution Channel: Direct Selling, Retail, E-commerce, Other Distribution Channels
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the household laundry equipment market.
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Household laundry equipment is defined as a device that helps in washing clothes or other textiles without the user exerting much physical effort. the main types of household laundry equipment are washing machines, ironers, dryers, and other household laundry equipment. A washing machine is a machine that is used to wash clothes without applying any physical effort The technologies used are automatic, semi-automatic/ manual, and others. The household laundry equipment is distributed through direct selling, retail, e-commerce, and other channels.
The Table Of Content For The Household laundry equipment market Include:
1. Executive Summary
2. Household Laundry Equipment Market Characteristics
3. Household Laundry Equipment Market Trends And Strategies
4. Household Laundry Equipment Market - Macro Economic Scenario
5. Household Laundry Equipment Market Size And Growth
.......
26. Africa Household Laundry Equipment Market
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
The "Global Household laundry equipment market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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