Residential Washing Machine Market Growth, Demand and Challenges of the Key Industry Players 2024-32 - PowerPoint PPT Presentation

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Residential Washing Machine Market Growth, Demand and Challenges of the Key Industry Players 2024-32

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According to the latest research report by IMARC Group, The global residential washing machine market size reached US$ 43.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 59.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Title: Residential Washing Machine Market Growth, Demand and Challenges of the Key Industry Players 2024-32


1
Global Residential Washing Machine Market
Research and Forecast Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Residential Washing Machine Market
    Global Industry Trends, Share, Size, Growth,
    Opportunity and Forecast 2024-2032," the global
    residential washing machine market size reached
    US 43.5 Billion in 2023.
  • A residential washing machine is a household
    appliance used for cleaning laundry. It uses
    water and detergent to clean clothes and other
    fabrics by agitating them in a drum. It operates
    by spinning the laundry at high speed, thereby
    generating centrifugal force that removes water
    from the laundry along with dirt.
  • It comes in numerous varieties that assist in
    washing, rinsing, and drying without the need to
    supervise different operations and is available
    in different sizes to accommodate different
    laundry loads. It also offers several features,
    such as multiple wash cycles, temperature
    settings, and soil level options. Additionally,
    it provides developed features, including steam
    cleaning, delayed start, and automatic detergent
    dispensers. It aids in saving time and is easier
    to clean, operate, and repair compared to other
    electrical devices.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/residential-washing-mac
    hine-market/requestsample

4
Report Description
  • Global Residential Washing Machine Market Trends
  • The growing adoption of washing machines is
    driving the global market. Along with this, the
    escalating demand for residential washing
    machines among the masses due to hectic
    lifestyles and less time for laundry is
    contributing to the market. Moreover, the growing
    inclination towards low-maintenance washing
    machines to enhance their cost-efficiency is
    significantly strengthening the demand. In
    response to the escalating demand, several key
    players are heavily investing in research and
    development (RD) activities to integrate
    technological advancements in washing machines
    and introduce product variants that are highly
    efficient in saving water and electricity is
    providing a boost to the market. In line with
    this, the development of washing machines with
    energy-efficient settings, automatic dispensers,
    and smart controls that can be operated remotely
    through a smartphone app is creating a positive
    market outlook.
  • Apart from this, various initiatives undertaken
    by the government of several countries to develop
    rural households is augmenting the market.
    Besides, consumers are becoming more
    environmentally conscious that has led to the
    rising demand for energy-efficient washing
    machines, is acting as another growth-inducing
    factor. Furthermore, with the availability of
    financing options, such as installment plans and
    credit facilities, consumers are more able to
    purchase high-end washing machines that would
    otherwise be out of their budget range, which is
    impacting the market favorably. Other factors,
    such as inflating disposable income levels of the
    masses and the advent of home delivery models,
    are also influencing the market.
  • Looking forward, the market is anticipated to
    reach a value of US 59.7 Billion by 2032,
    exhibiting a growth rate (CAGR) of 3.5 during
    2024-2032.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/residential-washing-mac
    hine-market

5
Report Segmentation
  • 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

6
Report Segmentation
  • Specialty Stores
  • Department Stores
  • E-Commerce
  • Others
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

7
Competitive Landscape with Key Players
  • 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
  • Samsung Electronics Co. Ltd.
  • Toshiba Corporation
  • Whirlpool Corporation

8
Key Questions Answered in the Report
9
Key Questions Answered in the Report
10
Table of Contents
  • 1    Preface2    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
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    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 Forecast7   Market
    Breakup by Technology       

11
Table of Contents
  •     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 Forecast8   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 Forecast9   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
  • For more information, visit https//www.imarcgrou
    p.com/residential-washing-machine-market/toc

12
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

13
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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