Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Compact Washers Market by Type (Top Load, Front Load), By Application (Household, Commercial, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Compact Washers Market by Type (Top Load, Front Load), By Application (Household, Commercial, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 235621 4200 Consumer Goods 377 123 Pages 4.6 (43)
                                          

Market Overview:


The global compact washers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and space-saving appliances, especially in developed countries. In terms of type, the top load segment is expected to dominate the global compact washers market during the forecast period. This can be attributed to their low price and easy installation as compared to front loaders. In terms of application, household applications are expected to account for a major share of the global compact washers market during the forecast period.


Global Compact Washers Industry Outlook


Product Definition:


A compact washer is a small washing machine that can be used in a limited amount of space. Compact washers are often used in apartments or other small living spaces where a traditional-sized washing machine would not fit. They are also popular among people who do not have a lot of laundry to do on a regular basis. Compact washers typically cost less than traditional-sized washing machines and use less water and energy.


Top Load:


Top load washers are the most common type of washing machine. They hold more clothes at a time and usually have a lot more water capacity than front-loaders. The extra weight on the top of the machine helps balance out some of the heavier components, like the drum and wash arms, which can make them feel lighter when turned on.


Front Load:


The front load washers are designed to place the majority of the weight on the front of the machine, thereby creating more leverage and helping in better cleaning. The compact washers have smaller loads and can be used for both commercial as well as household purposes.


Compact washing machines use less water, thus reducing energy consumption is an added advantage.


Application Insights:


The household application segment accounted for the largest share of over 60.0% in 2017. The rising purchasing power and growing population have resulted in an increased demand for washers at homes, especially in developing countries such as China, India and Brazil. In addition, increasing disposable income has enabled consumers to spend on luxury products such as washing machines thus driving the demand further.


Commercial applications are expected to expand at a CAGR of XX% from 2018 to 2030 owing to the growing number of hotels and restaurants across various regions including Asia Pacific, North America.


Regional Analysis:


Asia Pacific dominated the global compact washers market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of households that have not yet upgraded their washing machines. Furthermore, increasing disposable income levels and rapid urbanization are also driving demand for compact washers in this region.


North America is anticipated to witness significant growth over the forecast period owing to rising awareness regarding energy-efficient products among consumers as well as manufacturers in U.S., Canada, and Mexico. Moreover, growing trend of multi-tasking appliances will drive demand for both standard & compact loaders within single machine category during the same time frame which would further boost regional product sales over next eight years or so till 2030 AD (Year Of Vision).


Europe accounted for more than 25% share of global revenue in 2017 due to high acceptance level towards advanced technology products across countries such as Germany, France, Italy & U.K.


Growth Factors:


  • Increasing demand for compact washers due to their space-saving features.
  • Rising disposable income of consumers, which enables them to invest in premium appliances.
  • Proliferation of online retail channels, which offer a wider range of choices at competitive prices.
  • Growing popularity of condominiums and apartments, which has led to an increase in demand for small-sized appliances that occupy less space.

Scope Of The Report

Report Attributes

Report Details

Report Title

Compact Washers Market Research Report

By Type

Top Load, Front Load

By Application

Household, Commercial, Others

By Companies

Bosch, Panasonic, Whirlpool, Beko(Blomberg), SamSung, Miele, Electrolux, LG Electronics, Haier(GE Appliances), MCA(Magic Chef), Kapas, Giantex

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

123

Number of Tables & Figures

87

Customization Available

Yes, the report can be customized as per your need.


Global Compact Washers Market Report Segments:

The global Compact Washers market is segmented on the basis of:

Types

Top Load, Front Load

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Household, Commercial, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Bosch
  2. Panasonic
  3. Whirlpool
  4. Beko(Blomberg)
  5. SamSung
  6. Miele
  7. Electrolux
  8. LG Electronics
  9. Haier(GE Appliances)
  10. MCA(Magic Chef)
  11. Kapas
  12. Giantex

Global Compact Washers Market Overview


Highlights of The Compact Washers Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Top Load
    2. Front Load
  1. By Application:

    1. Household
    2. Commercial
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Compact Washers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Compact Washers Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Compact washers are a type of sealant that is designed to be used in applications where a tight fit is required. They are also known as O-rings, and they are most commonly used in the automotive and aerospace industries.

Some of the major players in the compact washers market are Bosch, Panasonic, Whirlpool, Beko(Blomberg), SamSung, Miele, Electrolux, LG Electronics, Haier(GE Appliances), MCA(Magic Chef), Kapas, Giantex.

The compact washers market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compact Washers Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Compact Washers Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Compact Washers Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Compact Washers Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Compact Washers Market Size & Forecast, 2018-2028       4.5.1 Compact Washers Market Size and Y-o-Y Growth       4.5.2 Compact Washers Market Absolute $ Opportunity

Chapter 5 Global Compact Washers Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Compact Washers Market Size Forecast by Type
      5.2.1 Top Load
      5.2.2 Front Load
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Compact Washers Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Compact Washers Market Size Forecast by Applications
      6.2.1 Household
      6.2.2 Commercial
      6.2.3 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Compact Washers Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Compact Washers Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Compact Washers Analysis and Forecast
   9.1 Introduction
   9.2 North America Compact Washers Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Compact Washers Market Size Forecast by Type
      9.6.1 Top Load
      9.6.2 Front Load
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Compact Washers Market Size Forecast by Applications
      9.10.1 Household
      9.10.2 Commercial
      9.10.3 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Compact Washers Analysis and Forecast
   10.1 Introduction
   10.2 Europe Compact Washers Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Compact Washers Market Size Forecast by Type
      10.6.1 Top Load
      10.6.2 Front Load
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Compact Washers Market Size Forecast by Applications
      10.10.1 Household
      10.10.2 Commercial
      10.10.3 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Compact Washers Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Compact Washers Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Compact Washers Market Size Forecast by Type
      11.6.1 Top Load
      11.6.2 Front Load
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Compact Washers Market Size Forecast by Applications
      11.10.1 Household
      11.10.2 Commercial
      11.10.3 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Compact Washers Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Compact Washers Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Compact Washers Market Size Forecast by Type
      12.6.1 Top Load
      12.6.2 Front Load
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Compact Washers Market Size Forecast by Applications
      12.10.1 Household
      12.10.2 Commercial
      12.10.3 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Compact Washers Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Compact Washers Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Compact Washers Market Size Forecast by Type
      13.6.1 Top Load
      13.6.2 Front Load
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Compact Washers Market Size Forecast by Applications
      13.10.1 Household
      13.10.2 Commercial
      13.10.3 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Compact Washers Market: Competitive Dashboard
   14.2 Global Compact Washers Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Bosch
      14.3.2 Panasonic
      14.3.3 Whirlpool
      14.3.4 Beko(Blomberg)
      14.3.5 SamSung
      14.3.6 Miele
      14.3.7 Electrolux
      14.3.8 LG Electronics
      14.3.9 Haier(GE Appliances)
      14.3.10 MCA(Magic Chef)
      14.3.11 Kapas
      14.3.12 Giantex

Our Trusted Clients

Contact Us