The global washing machines market is expected to grow from $17.27 billion in 2020 to $18.09 billion in 2021 at a compound annual growth rate (CAGR) of 4.7%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $21.3 billion in 2025 at a CAGR of 4%.
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The washing machine market consists of sales of washing machines. A washing machine is an appliance used to wash various types of clothes without applying any physical efforts.
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The washing machines market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the washing machines market are Whirlpool Corporation, Panasonic Corporation, Robert Bosch GmbH, Miele, Haier Group Corporation, Electrolux AB, GE Appliances, AEG, Tecnik, IFB, Baumatic, Kenmore, Maytag, Zanussi, Sharp Corporation, Candy, Hoover Company, ASKO, Dyson, Gorenje, Beko, Amana, Hisense Co. Ltd, Hitachi, Ltd.
The global washing machines market is segmented –
1) By Type: Fully Automatic, Semi-Automatic, Others
2) By Product: Automatic, Semi-Automatic, Dryers
3) By Sales Channel: E-Commerce, Retail Chains, Direct Sales
4) By Technology: Top Load, Front Load
5) By Application: Residential, Commercial
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The washing machines market report describes and explains the global washing machines market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The washing machines report evaluates the market across each region and for the major economies within each region.
The countries covered in the global washing machines market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global washing machines market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Washing Machines Market Characteristics
- Washing Machines Market Product Analysis
- Washing Machines Market Supply Chain
- Key Mergers And Acquisitions In The Washing Machines Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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