*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Washing Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global washing machine market exhibited stable growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.

A washing machine is an electronic appliance used for laundry of clothes and fabrics. It operates by spinning the fabrics at high speed and generating centrifugal force to remove dirt with water from the fibers. It is commonly available in fully automatic, semi-automatic and top- and front-load variants. The fully automatic machines have pre-programmed functions and can wash, dry and rinse the clothes automatically. The semi-automatic variants usually have a twin-tub system for washing and drying the fabrics separately. The components of the washing machine, such as tub, tub guards, balance rings and pumps, are manufactured using sheet steel and plastic with zinc or porcelain coatings for corrosion resistance and longer operational life.

Washing Machine Market Trends:

The global washing machine market is primarily being driven by the widespread adoption of online laundry services among the masses. With the changing lifestyle patterns and increasingly hectic schedules of the working population, there is a shifting consumer preference towards on-demand laundry and dry-cleaning services that offer doorstep pick-up and delivery facilities for enhanced convenience for the consumer. Moreover, the widespread adoption of fully automatic washing machines across both residential and commercial sectors is providing a thrust to the market growth. These machines aid in reducing the manual labor and are highly convenient to use and space-saving. Additionally, various technological advancements, such as the integration of smartphone applications with the Internet of Things (IoT) and artificial intelligence (AI) solutions for real-time alerts and remote access of the machine, are acting as other growth-inducing factors. Product manufacturers are also developing energy-efficient variants with minimal carbon footprint and maintenance requirements. Other factors, including significant growth in the fashion and apparel industries, especially in the developing economies, along with the increasing expenditure capacities of the consumers, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global washing machine market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, technology, capacity, application and end use.

Breakup by Product:

  • Fully Automatic
    • Front Load
    • Top Load
  • Semi-Automatic
  • Dryers
     

Breakup by Technology:

  • Smart Connected
  • Conventional
     

Breakup by Capacity:

  • Below 6 kg
  • 6.1 to 8 kg
  • Above 8 kg
     

Breakup by Application:

  • Healthcare
  • Hospitality
  • Others
     

Breakup by End Use:

  • Commercial
  • Residential
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AB Electrolux, Alliance Laundry Systems LLC, Godrej Group, Haier Group Corporation, IFB Industries Limited, LG Electronics Inc., MIRC Electronics Limited, Panasonic Corporation, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Toshiba Corporation and Whirlpool Corporation.

Report Coverages:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product, Technology, Capacity, Application, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AB Electrolux, Alliance Laundry Systems LLC, Godrej Group, Haier Group Corporation, IFB Industries Limited, LG Electronics Inc., MIRC Electronics Limited, Panasonic Corporation, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Toshiba Corporation and Whirlpool Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option                                     Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global washing machine market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global washing machine market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the capacity?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global washing machine market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Washing Machine Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Fully Automatic
        6.1.1 Market Trends
        6.1.2 Key Segments
           6.1.2.1 Front Load
           6.1.2.2 Top Load
        6.1.3 Market Forecast
    6.2    Semi-Automatic
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Dryers
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Technology
    7.1    Smart Connected
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Conventional
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Capacity
    8.1    Below 6 kg
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    6.1 to 8 kg
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Above 8 kg
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Application
    9.1    Healthcare
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Hospitality
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Others
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by End Use
    10.1    Commercial
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Residential
        10.2.1 Market Trends
        10.2.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia-Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis

    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    AB Electrolux
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
           16.3.1.3 Financials
           16.3.1.4 SWOT Analysis
        16.3.2    Alliance Laundry Systems LLC
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
        16.3.3    Godrej Group
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio
        16.3.4    Haier Group Corporation
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio
           16.3.4.3 Financials
        16.3.5    IFB Industries Limited
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio
           16.3.5.3 Financials
        16.3.6    LG Electronics Inc.
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
           16.3.6.3 Financials
           16.3.6.4 SWOT Analysis
        16.3.7    MIRC Electronics Limited
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
           16.3.7.3 Financials
        16.3.8    Panasonic Corporation
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    Robert Bosch GmbH
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
        16.3.10    Samsung Electronics Co. Ltd.
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio
           16.3.10.3 Financials
           16.3.10.4 SWOT Analysis
        16.3.11    Toshiba Corporation
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio
           16.3.11.3 Financials
           16.3.11.4 SWOT Analysis
        16.3.12    Whirlpool Corporation
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio
           16.3.12.3 Financials
           16.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Washing Machine Market: Major Drivers and Challenges
Figure 2: Global: Washing Machine Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Washing Machine Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Washing Machine Market: Breakup by Product (in %), 2020
Figure 5: Global: Washing Machine Market: Breakup by Technology (in %), 2020
Figure 6: Global: Washing Machine Market: Breakup by Capacity (in %), 2020
Figure 7: Global: Washing Machine Market: Breakup by Application (in %), 2020
Figure 8: Global: Washing Machine Market: Breakup by End Use (in %), 2020
Figure 9: Global: Washing Machine Market: Breakup by Region (in %), 2020
Figure 10: Global: Washing Machine (Fully Automatic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Washing Machine (Fully Automatic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Washing Machine (Semi-Automatic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Washing Machine (Semi-Automatic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Washing Machine (Dryers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Washing Machine (Dryers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Washing Machine (Smart Connected) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Washing Machine (Smart Connected) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Washing Machine (Conventional) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Washing Machine (Conventional) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Washing Machine (Below 6 kg) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Washing Machine (Below 6 kg) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Washing Machine (6.1 to 8 kg) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Washing Machine (6.1 to 8 kg) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Washing Machine (Above 8 kg) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Washing Machine (Above 8 kg) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Washing Machine (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Washing Machine (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Washing Machine (Hospitality) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Washing Machine (Hospitality) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Washing Machine (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Washing Machine (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Washing Machine (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Washing Machine (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Washing Machine (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Washing Machine (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: North America: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: North America: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: United States: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: United States: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Canada: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Canada: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Asia-Pacific: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Asia-Pacific: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: China: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: China: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Japan: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Japan: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: India: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: India: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: South Korea: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: South Korea: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Australia: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Australia: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Indonesia: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Indonesia: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Others: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Others: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Europe: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Europe: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Germany: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Germany: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: France: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: France: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: United Kingdom: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: United Kingdom: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Italy: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Italy: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Spain: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Spain: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Russia: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Russia: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Others: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Others: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Latin America: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Latin America: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Brazil: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Brazil: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Mexico: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Mexico: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Others: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Others: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Middle East and Africa: Washing Machine Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Middle East and Africa: Washing Machine Market: Breakup by Country (in %), 2020
Figure 84: Middle East and Africa: Washing Machine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 85: Global: Washing Machine Industry: SWOT Analysis
Figure 86: Global: Washing Machine Industry: Value Chain Analysis
Figure 87: Global: Washing Machine Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Washing Machine Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Washing Machine Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Washing Machine Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 4: Global: Washing Machine Market Forecast: Breakup by Capacity (in Million US$), 2021-2026
Table 5: Global: Washing Machine Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 6: Global: Washing Machine Market Forecast: Breakup by End Use (in Million US$), 2021-2026
Table 7: Global: Washing Machine Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 8: Global: Washing Machine Market: Competitive Structure
Table 9: Global: Washing Machine Market: Key Players

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