Washing Machine Market in US 2024-2028

Description

List of Tables

The washing machine market in US is forecasted to grow by USD 1.65 bn during 2023-2028, accelerating at a CAGR of 5.2% during the forecast period. The report on the washing machine market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product innovation leading to portfolio extension and product premiumization, rising online sales of washing machines, and growing hospitality industry.

Technavio's washing machine market in US is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.56%
CAGR	5.2%
Incremental Value	$1.65bn

By End-user

Residential
Commercial

By Technology

Fully automatic
Semi-automatic

By Distribution Channel

Offline
Online

This study identifies the introduction of portable washing machines as one of the prime reasons driving the washing machine market in US growth during the next few years. Also, rise in demand for energy-efficient products and inorganic and organic strategic initiatives by market vendors will lead to sizable demand in the market.

The report on the washing machine market in US covers the following areas:

Washing machine market in US sizing
Washing machine market in US forecast
Washing machine market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading washing machine market in US vendors that include AB Electrolux, Alliance Laundry System LLC, Avanti Products LLC, Danby, Felix Storch Inc., General Electric Co., Godrej and Boyce Manufacturing Co. Ltd., Haier Smart Home Co. Ltd., LG Electronics Inc., Midea Group Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Toshiba Corp., Transform Holdco LLC, Whirlpool Corp., and Aosom LLC. Also, the washing machine market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77639

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Washing machine market in US 2018 - 2022
4.2 End-user Segment Analysis 2018 - 2022
4.3 Technology Segment Analysis 2018 - 2022
4.4 Distribution Channel Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by End-user

6.1 Market segments
6.2 Comparison by End-user
6.3 Residential - Market size and forecast 2023-2028
6.4 Commercial - Market size and forecast 2023-2028
6.5 Market opportunity by End-user

7 Market Segmentation by Technology

7.1 Market segments
7.2 Comparison by Technology
7.3 Fully automatic - Market size and forecast 2023-2028
7.4 Semi-automatic - Market size and forecast 2023-2028
7.5 Market opportunity by Technology

8 Market Segmentation by Distribution Channel

8.1 Market segments
8.2 Comparison by Distribution Channel
8.3 Offline - Market size and forecast 2023-2028
8.4 Online - Market size and forecast 2023-2028
8.5 Market opportunity by Distribution Channel

9 Customer Landscape

9.1 Customer landscape overview

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 AB Electrolux
12.4 Alliance Laundry System LLC
12.5 Aosom LLC
12.6 Danby
12.7 Felix Storch Inc.
12.8 General Electric Co.
12.9 Godrej and Boyce Manufacturing Co. Ltd.
12.10 Haier Smart Home Co. Ltd.
12.11 LG Electronics Inc.
12.12 Midea Group Co. Ltd.
12.13 Panasonic Holdings Corp.
12.14 Robert Bosch GmbH
12.15 Samsung Electronics Co. Ltd.
12.16 Toshiba Corp.
12.17 Whirlpool Corp.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations