Press release
Washing Appliances Market to Record an Impressive Growth Rate of US$ 60 Bn by the end of the year of assessment 2026
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Persistence Market Research has compiled several aspects of the global washing appliances market in its new research publication titled “Washing Appliances Market: Global Industry Analysis (2012-2016) and Forecast (2017-2026)” and presented all facts in a methodical manner. According to this research, the global market for washing appliances is expected to witness high growth in the coming years. The research covers future market projections along with the current market scenario of each segment of the washing appliances across key regions in the globe.
The research report portrays an unbiased view of the global washing appliances market and has sketched its growth path. According to this research study, the global market is estimated to reach a high valuation of more than US$ 59 Bn by the end of the year of assessment from a value of about US$ 24 Bn in 2017 and is projected to grow at a CAGR of 10.7% throughout the period of forecast.
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The factors influencing the growth of the global washing appliances market are reduced physical effort, enhanced cleaning and washing efficiency, time saving, increasing developments in technology of washing appliances and rising disposable income. However, factors such has high maintenance cost and higher electricity consumption in case of certain machines owing to mechanical fault have challenged the growth of the global market.
The research report on global washing appliances market covers information regarding major market players such as Philips, Siemens Group, Haier, Panasonic, Electrolux AB, GE Appliance, Samsung Electronics Co. Ltd., Robert Bosch, LG Electronics and Whirlpool Corporation.
Read Report @ https://www.persistencemarketresearch.com/market-research/washing-appliances-market.asp
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Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
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