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Market Research Report
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1111433

Residential Washing Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Published: | IMARC Services Private Limited | 144 Pages | Delivery time: 2-3 business days

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Residential Washing Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Published: August 4, 2022
IMARC Services Private Limited
Content info: 144 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

The global residential washing machine market reached a value of US$ 39.38 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 51.91 Billion by 2027, exhibiting a CAGR of 4.50% during 2022-2027. 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. These insights are included in the report as a major market contributor.

Washing machines are home appliances widely used to wash the laundry with detergent. They comprise semi-automatic and fully automatic machines that assist in washing, rinsing, and drying without the need to supervise different operations. They save time and are easier to clean, operate, and repair compared to other electrical devices. Presently, they are available in multiple sizes and styles depending on the budget, lifestyle, and the size of the user's house.

Residential Washing Machine Market Trends:

  • At present, the growing affordability of washing machines, along with the inflating income levels of individuals around the world, represents one of the key factors driving the market. Moreover, there is an increase in the demand for residential washing machines due to continuous improvements in rural electrification. This, coupled with various initiatives undertaken by the government of several countries to develop rural households, is contributing to the growth of the market. In addition, various benefits offered by residential washing machines, such as enhanced comfort level and convenience, are propelling the growth of the market. Besides this, key market players are extensively investing in research and development (R&D) activities to integrate technological advancements in washing machines and introduce product variants that are highly efficient in saving water and electricity. This is strengthening the growth of the market. Apart from this, the escalating demand for residential washing machines among the masses due to hectic lifestyles and less time for laundry is bolstering the growth of the market. Additionally, the wide availability of residential washing machines through online and offline distribution channels, in confluence with the burgeoning e-commerce sector, is offering lucrative growth opportunities to industry investors.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global residential washing machine market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, technology, machine capacity and distribution channel.

Breakup by Product:

  • Fully Automatic
  • Semiautomatic
  • Dryer

Breakup by Technology:

  • Top Load
  • Front Load

Breakup by Machine Capacity:

  • Below 6 Kg

6 to 8 Kg

8 Kg and Above

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Department Stores
  • E-Commerce
  • Others

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 Electrolux AB, Godrej Consumer Products Ltd., Haier Group Corporation, Hitachi Ltd., IFB Industries Limited, LG Electronics Inc., Midea Group, Miele, Panasonic Holdings Corporation, Robert Bosch GmbH (Robert Bosch Stiftung GmbH), Samsung Electronics Co. Ltd., Toshiba Corporation and Whirlpool Corporation.

Key Questions Answered in This Report:

  • How has the global residential 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 residential 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 machine capacity?
  • What is the breakup of the market based on the distribution channel?
  • 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 residential washing machine market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR0822A131_Report

Table of Contents

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 Residential 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 Market Forecast
  • 6.2 Semiautomatic
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Dryer
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Technology

  • 7.1 Top Load
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Front Load
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Machine Capacity

  • 8.1 Below 6 Kg
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 6 to 8 Kg
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 8 Kg and Above
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast

9 Market Breakup by Distribution Channel

  • 9.1 Supermarket and Hypermarket
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Specialty Store
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Department Store
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 E-Commerce
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Others
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Electrolux AB
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 Godrej Consumer Products Ltd.
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
    • 15.3.3 Haier Group Corporation
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 Hitachi Ltd.
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
      • 15.3.4.4 SWOT Analysis
    • 15.3.5 IFB Industries Limited
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
    • 15.3.6 LG Electronics Inc.
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Midea Group
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
    • 15.3.8 Miele
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 Panasonic Holdings Corporation
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
    • 15.3.10 Robert Bosch GmbH (Robert Bosch Stiftung GmbH)
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 SWOT Analysis
    • 15.3.11 Samsung Electronics Co. Ltd.
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
    • 15.3.12 Toshiba Corporation
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
    • 15.3.13 Whirlpool Corporation
      • 15.3.13.1 Company Overview
      • 15.3.13.2 Product Portfolio
      • 15.3.13.3 Financials
      • 15.3.13.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Residential Washing Machine Market: Major Drivers and Challenges
  • Figure 2: Global: Residential Washing Machine Market: Sales Value (in Billion US$), 2016-2021
  • Figure 3: Global: Residential Washing Machine Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 4: Global: Residential Washing Machine Market: Breakup by Product (in %), 2021
  • Figure 5: Global: Residential Washing Machine Market: Breakup by Technology (in %), 2021
  • Figure 6: Global: Residential Washing Machine Market: Breakup by Machine Capacity (in %), 2021
  • Figure 7: Global: Residential Washing Machine Market: Breakup by Distribution Channel (in %), 2021
  • Figure 8: Global: Residential Washing Machine Market: Breakup by Region (in %), 2021
  • Figure 9: Global: Residential Washing Machine (Fully Automatic) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 10: Global: Residential Washing Machine (Fully Automatic) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 11: Global: Residential Washing Machine (Semiautomatic) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 12: Global: Residential Washing Machine (Semiautomatic) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 13: Global: Residential Washing Machine (Dryer) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 14: Global: Residential Washing Machine (Dryer) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 15: Global: Residential Washing Machine (Top Load) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 16: Global: Residential Washing Machine (Top Load) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 17: Global: Residential Washing Machine (Front Load) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 18: Global: Residential Washing Machine (Front Load) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 19: Global: Residential Washing Machine (Below 6 Kg) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 20: Global: Residential Washing Machine (Below 6 Kg) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 21: Global: Residential Washing Machine (6 to 8 Kg) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 22: Global: Residential Washing Machine (6 to 8 Kg) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 23: Global: Residential Washing Machine (8 Kg and Above) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 24: Global: Residential Washing Machine (8 Kg and Above) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 25: Global: Residential Washing Machine (Supermarket and Hypermarket) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 26: Global: Residential Washing Machine (Supermarket and Hypermarket) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 27: Global: Residential Washing Machine (Specialty Store) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 28: Global: Residential Washing Machine (Specialty Store) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 29: Global: Residential Washing Machine (Department Store) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 30: Global: Residential Washing Machine (Department Store) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 31: Global: Residential Washing Machine (E-Commerce) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 32: Global: Residential Washing Machine (E-Commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 33: Global: Residential Washing Machine (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 34: Global: Residential Washing Machine (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 35: North America: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 36: North America: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 37: United States: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 38: United States: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 39: Canada: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 40: Canada: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 41: Asia-Pacific: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 42: Asia-Pacific: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 43: China: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 44: China: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 45: Japan: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 46: Japan: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 47: India: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 48: India: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 49: South Korea: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 50: South Korea: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 51: Australia: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 52: Australia: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 53: Indonesia: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 54: Indonesia: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 55: Others: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 56: Others: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 57: Europe: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 58: Europe: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 59: Germany: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 60: Germany: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 61: France: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 62: France: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 63: United Kingdom: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 64: United Kingdom: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 65: Italy: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 66: Italy: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 67: Spain: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 68: Spain: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 69: Russia: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 70: Russia: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 71: Others: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 72: Others: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 73: Latin America: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 74: Latin America: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 75: Brazil: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 76: Brazil: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 77: Mexico: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 78: Mexico: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 79: Others: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 80: Others: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 81: Middle East and Africa: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 82: Middle East and Africa: Residential Washing Machine Market: Breakup by Country (in %), 2021
  • Figure 83: Middle East and Africa: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 84: Global: Residential Washing Machine Industry: SWOT Analysis
  • Figure 85: Global: Residential Washing Machine Industry: Value Chain Analysis
  • Figure 86: Global: Residential Washing Machine Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Residential Washing Machine Market: Key Industry Highlights, 2021 and 2027
  • Table 2: Global: Residential Washing Machine Market Forecast: Breakup by Product (in Million US$), 2022-2027
  • Table 3: Global: Residential Washing Machine Market Forecast: Breakup by Technology (in Million US$), 2022-2027
  • Table 4: Global: Residential Washing Machine Market Forecast: Breakup by Machine Capacity (in Million US$), 2022-2027
  • Table 5: Global: Residential Washing Machine Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
  • Table 6: Global: Residential Washing Machine Market Forecast: Breakup by Region (in Million US$), 2022-2027
  • Table 7: Global: Residential Washing Machine Market: Competitive Structure
  • Table 8: Global: Residential Washing Machine Market: Key Players