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Washing Machines Global Market Report 2021: COVID-19 Impact and Recovery to 2030

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    Report

  • May 2021
  • Region: Global
  • The Business Research Company
  • ID: 5323091
Washing Machines Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global washing machines market as it emerges from the COVID-19 shut down.







Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the washing machines? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Washing Machines market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider washing machines market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The washing machines market section of the report gives context. It compares the washing machines market with other segments of the washing machines market by size and growth, historic and forecast.

Scope

Markets Covered:

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

Companies Mentioned: Whirlpool Corporation; Panasonic Corporation; Robert Bosch GmbH; Miele; Haier Group Corporation

Countries: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia

Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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Frequently Asked Questions about the Global Washing Machines Market

What is the estimated value of the Global Washing Machines Market?

The Global Washing Machines Market was estimated to be valued at $18.09 billion in 2021.

What is the growth rate of the Global Washing Machines Market?

The growth rate of the Global Washing Machines Market is 4.2%, with an estimated value of $21.3 billion by 2025.

What is the forecasted size of the Global Washing Machines Market?

The Global Washing Machines Market is estimated to be worth $21.3 billion by 2025.

Who are the key companies in the Global Washing Machines Market?

Key companies in the Global Washing Machines Market include Whirlpool Corporation, Panasonic Corporation, Robert Bosch GmbH, Miele, Haier Group Corporation, Electrolux AB, GE Appliances, AEG and IFB.

Table of Contents

1. Executive Summary2. Washing Machines Market Characteristics3. Washing Machines Market Trends and Strategies4. Impact of COVID-19 on Washing Machines
5. Washing Machines Market Size and Growth
5.1. Global Washing Machines Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Washing Machines Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market
6. Washing Machines Market Segmentation
6.1. Global Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Fully Automatic
  • Semi-Automatic
  • Others
6.2. Global Washing Machines Market, Segmentation by product, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Automatic
  • Semi-automatic
  • Dryers
6.3. Global Washing Machines Market, Segmentation by Sales Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • E-Commerce
  • Retail Chains
  • Direct Sales
6.4. Global Washing Machines Market, Segmentation by Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Top Load
  • Front Load
6.5. Global Washing Machines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Residential
  • Commercial

7. Washing Machines Market Regional and Country Analysis
7.1. Global Washing Machines Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Washing Machines Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8. Asia-Pacific Washing Machines Market
8.1. Asia-Pacific Washing Machines Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
9. China Washing Machines Market
9.1. China Washing Machines Market Overview
9.2. China Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
10. India Washing Machines Market
10.1. India Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11. Japan Washing Machines Market
11.1. Japan Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12. Australia Washing Machines Market
12.1. Australia Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13. Indonesia Washing Machines Market
13.1. Indonesia Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14. South Korea Washing Machines Market
14.1. South Korea Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15. Western Europe Washing Machines Market
15.1. Western Europe Washing Machines Market Overview
15.2. Western Europe Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16. UK Washing Machines Market
16.1. UK Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17. Germany Washing Machines Market
17.1. Germany Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18. France Washing Machines Market
18.3. France Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19. Eastern Europe Washing Machines Market
19.1. Eastern Europe Washing Machines Market Overview
19.2. Eastern Europe Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20. Russia Washing Machines Market
20.1. Russia Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21. North America Washing Machines Market
21.1. North America Washing Machines Market Overview
21.2. North America Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22. USA Washing Machines Market
22.1. USA Washing Machines Market Overview
22.2. USA Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23. South America Washing Machines Market
23.1. South America Washing Machines Market Overview
23.2. South America Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24. Brazil Washing Machines Market
24.1. Brazil Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25. Middle East Washing Machines Market
25.1. Middle East Washing Machines Market Overview
25.2. Middle East Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26. Africa Washing Machines Market
26.1. Africa Washing Machines Market Overview
26.2. Africa Washing Machines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
27. Washing Machines Market Competitive Landscape and Company Profiles
27.1. Washing Machines Market Competitive Landscape
27.2. Washing Machines Market Company Profiles
27.2.1. Whirlpool Corporation
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Panasonic Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Robert Bosch GmbH
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Miele
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Haier Group Corporation
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
29. Key Mergers and Acquisitions in the Washing Machines Market29. Washing Machines Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer

Executive Summary

Major players in the washing machine market are Whirlpool Corporation, Panasonic Corporation, Robert Bosch GmbH, Miele, Haier Group Corporation, Electrolux AB, GE Appliances, AEG, Tecnik, and IFB.

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%.

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.

The washing machine market covered in this report is segmented by type into fully automatic, semi-automatic, others. It is also segmented by product into automatic, semi-automatic, dryers. It is also segmented by sales channel into E-commerce, retail chains, direct sales. It is also segmented by product into technology into top load, front load. It is also segmented by application into residential, commercial.

Increasing demand for online on demand laundry services is expected to restrain the market for washing machines in the forecast period. According to a recent study it was revealed that the majority of the millennial populace doesn’t want to invest their valuable time in day-to-day household chores such as washing the clothes. In the USA, the revenue of dry cleaning and laundry services is projected to reach $7,660 million by 2022, . Therefore rising disposable income coupled with hectic lifestyle of individuals will lead to an increase in on demand laundry services, thereby limiting the growth of the market for washing machines.

Washing machine manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy efficient appliances are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy efficient appliances. For example, in the USA, ENERGY STAR certified washing machines use 25% less energy and 33% less water than a standard washing machine.

Rapid Urbanization is expected to contribute to the growth of the washing machine market in the forecast period. According to UNCTAD handbook of statistics 2020, globally the share of urban population increased to 55.7% in 2019. It is generally higher in the developed (80.5% in 2019) than in the developing (51.1% in 2019). The growth in the urban population coupled with the rise in disposable incomes and affordability among residents of cities will drive the demand for washing machines during the forecast period.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 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

Methodology

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