Global and China Washing Machine Market Insights, Forecast to 2026

Consumer durables refer to those goods that do not quickly wear out and yields utility over a longer period of time. They can be broadly categorized into three heads namely white goods, brown goods and consumer electronics. White goods include products like air conditioners, refrigerators, washing machines, audio equipments and speakers. The washing machine category is still some distance away from the inflexion point, unlike refrigerators. However, players are now trying to influence penetration for the category with many new launches and heavy marketing campaigns. Growing disposable income and easy financing options have led to shortened replacement cycles whereas rising influence of modern lifestyle has perceived products such washing machines as utility items rather than luxury goods.
Increased number of dual-income households coupled with insufficient time for laundry has led to growing demand for laundromats. Additionally, the growth in the hospitality sector in emerging countries and the advent of on-demand services are expected to propel the commercial washing machine growth. Furthermore, the energy labels and energy efficiency policies have enabled manufacturers to focus on the development of energy-efficient products.

Market Analysis and Insights: Global and China Washing Machine Market
This report focuses on global and China Washing Machine QYR Global and China market.
The global Washing Machine market size is projected to reach US$ 5822.5 million by 2026, from US$ 3879.8 million in 2020, at a CAGR of 7.0% during 2021-2026.

Global Washing Machine Scope and Market Size
Washing Machine market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Washing Machine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.

Segment by Type, the Washing Machine market is segmented into
Fully Automatic
Semi-Automatic
Dryers

Segment by Application, the Washing Machine market is segmented into
Commercial
Domestic

Regional and Country-level Analysis
The Washing Machine market is analysed and market size information is provided by regions (countries).
The key regions covered in the Washing Machine market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Washing Machine Market Share Analysis
Washing Machine market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Washing Machine business, the date to enter into the Washing Machine market, Washing Machine product introduction, recent developments, etc.
The major vendors covered:
Alliance Laundry Systems
Continental Girbau
AB Electrolux
Fisher & Paykel Appliances
GE Appliances
Haier Electronics
LG Electronics
MIRC Electronics
Panasonic
Robert Bosch
Samsung Electronics
Siemens
Godrej & Boyce
Toshiba
Videocon Industries
Whirlpool