Market Overview:
The global laundry washing machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and technologically advanced laundry washing machines across the globe. In addition, the growing trend of home automation is also contributing to the growth of this market. The global laundry washing machine market can be segmented on the basis of type into drum-type laundry machines, wave-type laundry machines, agitator-type laundry machines, and others. The drum-type laundries are expected to hold a major share in this market owing to their high efficiency and low noise levels as compared to other types of laundries. On the basis of application, this market can be segmented into home use and commercial use segments. The home use segment is projected to account for a larger share in terms of revenue in 2018 as compared with that for commercial use due its higher adoption rates across regions such as North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA).
Product Definition:
A laundry washing machine is a household appliance used to clean clothes. It usually consists of a tub or drum filled with water into which clothes are placed, and a motor that powers one or more rotating paddles or agitators to move the clothing around.
Drum-Type Laundry Machine:
Drum-type laundry machine is a mechanical device used for washing clothes. It's an old technology which has been evolving over the years and currently, it is in its mature phase of development. The major factor driving this market includes rising population coupled with increasing awareness regarding energy conservation techniques among consumers across the globe.
Wave-Type Laundry Machine:
Wave-type laundry machine is a type of washing machine that uses mechanical waves to remove the dirt from the clothes. It works on the basis of vortices created by spinning wheel or rotor in between two water streams. The wave motion helps to remove soil and grease effectively than other methods like dry cleaning or wringing out clothes.
This kind of washing machine has some advantages over others, it saves time as there is no need for rinsing.
Application Insights:
The commercial use segment dominated the global laundry washing machine market, accounting for more than 60.0% share of the overall revenue in 2017. The growth can be attributed to increasing demand from hotels and restaurants across various regions including Asia Pacific and Middle East & Africa. Moreover, with rising tourism in countries including China, India and Australia; there has been a surge in the number of hotels construction projects which include laundry facilities within rooms or on separate floors.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing disposable income, growing population, and improving standards of living especially in developing countries such as China and India. Moreover, rising demand for energy-efficient products due to increasing awareness regarding environmental protection is anticipated to drive the regional market growth over the forecast period.
The laundry machines market in Europe accounted for a significant share owing to high product penetration rates.
Growth Factors:
- Increasing demand for laundry washing machines from the hospitality sector as they require clean linen and towels on a regular basis.
- Rising disposable income of consumers, which is encouraging them to invest in high-end laundry washing machines that offer better features and performance.
- Proliferation of online retail channels, which is making it easier for consumers to purchase laundry washing machines at competitive prices.
- Growing awareness about the benefits of using energy-efficient laundry washing machines, which is resulting in an increase in their adoption across households worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laundry Washing Machine Market Research Report
By Type
Drum-Type Laundry Machine, Wave-Type Laundry Machine, Agitator-Type Laundry Machine, Others
By Application
Home Use, Commercial Use
By Companies
Haier, Whirlpool, LG, Midea, Electrolux, Samsung, Panasonic, BSH, Hitachi, Toshiba, Alliance Laundry, Hisense Kelon, Dexter, Miele, Pellerin Milnor Corporation
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Laundry Washing Machine Market Report Segments:
The global Laundry Washing Machine market is segmented on the basis of:
Types
Drum-Type Laundry Machine, Wave-Type Laundry Machine, Agitator-Type Laundry Machine, Others
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
Home Use, Commercial Use
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:
- Haier
- Whirlpool
- LG
- Midea
- Electrolux
- Samsung
- Panasonic
- BSH
- Hitachi
- Toshiba
- Alliance Laundry
- Hisense Kelon
- Dexter
- Miele
- Pellerin Milnor Corporation
Highlights of The Laundry Washing Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Drum-Type Laundry Machine
- Wave-Type Laundry Machine
- Agitator-Type Laundry Machine
- Others
- By Application:
- Home Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laundry Washing Machine 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A laundry washing machine is a machine used to clean clothes by agitating water and detergent against the fabric.
Some of the major players in the laundry washing machine market are Haier, Whirlpool, LG, Midea, Electrolux, Samsung, Panasonic, BSH, Hitachi, Toshiba, Alliance Laundry, Hisense Kelon, Dexter, Miele, Pellerin Milnor Corporation.
The laundry washing machine 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 Laundry Washing Machine 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 Laundry Washing Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laundry Washing Machine 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 Laundry Washing Machine 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 Laundry Washing Machine Market Size & Forecast, 2018-2028
4.5.1 Laundry Washing Machine Market Size and Y-o-Y Growth
4.5.2 Laundry Washing Machine Market Absolute $ Opportunity
Chapter 5 Global Laundry Washing Machine 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 Laundry Washing Machine Market Size Forecast by Type
5.2.1 Drum-Type Laundry Machine
5.2.2 Wave-Type Laundry Machine
5.2.3 Agitator-Type Laundry Machine
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laundry Washing Machine 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 Laundry Washing Machine Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laundry Washing Machine 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 Laundry Washing Machine 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 Laundry Washing Machine Analysis and Forecast
9.1 Introduction
9.2 North America Laundry Washing Machine 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 Laundry Washing Machine Market Size Forecast by Type
9.6.1 Drum-Type Laundry Machine
9.6.2 Wave-Type Laundry Machine
9.6.3 Agitator-Type Laundry Machine
9.6.4 Others
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 Laundry Washing Machine Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
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 Laundry Washing Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Laundry Washing Machine 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 Laundry Washing Machine Market Size Forecast by Type
10.6.1 Drum-Type Laundry Machine
10.6.2 Wave-Type Laundry Machine
10.6.3 Agitator-Type Laundry Machine
10.6.4 Others
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 Laundry Washing Machine Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
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 Laundry Washing Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laundry Washing Machine 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 Laundry Washing Machine Market Size Forecast by Type
11.6.1 Drum-Type Laundry Machine
11.6.2 Wave-Type Laundry Machine
11.6.3 Agitator-Type Laundry Machine
11.6.4 Others
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 Laundry Washing Machine Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
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 Laundry Washing Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Laundry Washing Machine 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 Laundry Washing Machine Market Size Forecast by Type
12.6.1 Drum-Type Laundry Machine
12.6.2 Wave-Type Laundry Machine
12.6.3 Agitator-Type Laundry Machine
12.6.4 Others
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 Laundry Washing Machine Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
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) Laundry Washing Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laundry Washing Machine 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) Laundry Washing Machine Market Size Forecast by Type
13.6.1 Drum-Type Laundry Machine
13.6.2 Wave-Type Laundry Machine
13.6.3 Agitator-Type Laundry Machine
13.6.4 Others
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) Laundry Washing Machine Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
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 Laundry Washing Machine Market: Competitive Dashboard
14.2 Global Laundry Washing Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Haier
14.3.2 Whirlpool
14.3.3 LG
14.3.4 Midea
14.3.5 Electrolux
14.3.6 Samsung
14.3.7 Panasonic
14.3.8 BSH
14.3.9 Hitachi
14.3.10 Toshiba
14.3.11 Alliance Laundry
14.3.12 Hisense Kelon
14.3.13 Dexter
14.3.14 Miele
14.3.15 Pellerin Milnor Corporation
