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Household Laundry Equipment Global Market Report 2022, By Type, By Technology, By Distribution Channel

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    Report

  • 175 Pages
  • March 2022
  • Region: Global
  • The Business Research Company
  • ID: 5562284
Household Laundry Equipment Global Market Report 2022 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global household laundry equipment 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 household laundry equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Household Laundry Equipment market global report from the publisher 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 household laundry equipment 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 household laundry equipment market section of the report gives context. It compares the household laundry equipment market with other segments of the household laundry equipment market by size and growth, historic and forecast

Scope


Markets Covered:

1) By Type: Washing Machines; Ironers; Dryers; Others - Household Laundry Equipment
2) By Technology: Automatic; Semi-Automatic/ Manual; Others
3) By Distribution Channel: Direct Selling; Retail; E-commerce; Others

Companies Mentioned: LG Electronics; Whirlpool Corporation; Haier Corporation; Electrolux AB; Panasonic Corporation

Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; 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 Household Laundry Equipment Market

What is the estimated value of the Global Household Laundry Equipment Market?

The Global Household Laundry Equipment Market was estimated to be valued at $110.8 billion in 2022.

What is the growth rate of the Global Household Laundry Equipment Market?

The growth rate of the Global Household Laundry Equipment Market is 8.0%, with an estimated value of $150.9 billion by 2026.

What is the forecasted size of the Global Household Laundry Equipment Market?

The Global Household Laundry Equipment Market is estimated to be worth $150.9 billion by 2026.

Who are the key companies in the Global Household Laundry Equipment Market?

Key companies in the Global Household Laundry Equipment Market include LG Electronics, Whirlpool Corporation, Haier Corporation, Electrolux AB, Panasonic Corporation, BSH Home Appliances Group, Haier Group Corporation, Miele and Toshiba Corporation.

Table of Contents

1. Executive Summary2. Household Laundry Equipment Market Characteristics3. Household Laundry Equipment Market Trends And Strategies4. Impact Of COVID-19 On Household Laundry Equipment
5. Household Laundry Equipment Market Size And Growth
5.1. Global Household Laundry Equipment Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Household Laundry Equipment Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Household Laundry Equipment Market Segmentation
6.1. Global Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Washing Machines
  • Ironers
  • Dryers
  • Others - Household Laundry Equipment
6.2. Global Household Laundry Equipment Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Automatic
  • Semi-Automatic/ Manual
  • Others
6.3. Global Household Laundry Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Direct Selling
  • Retail
  • E-commerce
  • Others

7. Household Laundry Equipment Market Regional And Country Analysis
7.1. Global Household Laundry Equipment Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Household Laundry Equipment Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Household Laundry Equipment Market
8.1. Asia-Pacific Household Laundry Equipment 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 Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Household Laundry Equipment Market
9.1. China Household Laundry Equipment Market Overview
9.2. China Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Household Laundry Equipment Market
10.1. India Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Household Laundry Equipment Market
11.1. Japan Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Household Laundry Equipment Market
12.1. Australia Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Household Laundry Equipment Market
13.1. Indonesia Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Household Laundry Equipment Market
14.1. South Korea Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Household Laundry Equipment Market
15.1. Western Europe Household Laundry Equipment Market Overview
15.2. Western Europe Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Household Laundry Equipment Market
16.1. UK Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Household Laundry Equipment Market
17.1. Germany Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Household Laundry Equipment Market
18.3. France Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Household Laundry Equipment Market
19.1. Eastern Europe Household Laundry Equipment Market Overview
19.2. Eastern Europe Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Household Laundry Equipment Market
20.1. Russia Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Household Laundry Equipment Market
21.1. North America Household Laundry Equipment Market Overview
21.2. North America Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Household Laundry Equipment Market
22.1. USA Household Laundry Equipment Market Overview
22.2. USA Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Household Laundry Equipment Market
23.1. South America Household Laundry Equipment Market Overview
23.2. South America Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Household Laundry Equipment Market
24.1. Brazil Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Household Laundry Equipment Market
25.1. Middle East Household Laundry Equipment Market Overview
25.2. Middle East Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Household Laundry Equipment Market
26.1. Africa Household Laundry Equipment Market Overview
26.2. Africa Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Household Laundry Equipment Market Competitive Landscape And Company Profiles
27.1. Household Laundry Equipment Market Competitive Landscape
27.2. Household Laundry Equipment Market Company Profiles
27.2.1. LG Electronics
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. Whirlpool 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. Haier Corporation
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. Electrolux AB
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. Panasonic 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 Household Laundry Equipment Market29. Household Laundry Equipment 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 household laundry equipment market are LG Electronics, Whirlpool Corporation, Haier Corporation, Electrolux AB, Panasonic Corporation, BSH Home Appliances Group, Haier Group Corporation, Miele, Siemens AG, Toshiba Corporation, and General Electric Company.

The global household laundry equipment market is expected to grow from $101.43 billion in 2021 to $110.84 billion in 2022 at a compound annual growth rate (CAGR) of 9.3%. 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 $150.93 billion in 2026 at a CAGR of 8.0%.

The household laundry equipment market consists of revenues generated by entities (organizations, sole traders, or partnerships) that carry out design, manufacturing, and sales of household laundry equipment. The market also consists of sales of household-type laundry equipment including household washing machines, dryers, ironers, and other laundry equipment.

The main types of household laundry equipment are washing machines, ironers, dryers, and other household laundry equipment. A washing machine is a machine that is used to wash clothes without applying any physical efforts. The technologies used are automatic, semi-automatic/ manual, and others. The household laundry equipment are distributed through direct selling, retail, e-commerce, and other channels.

Asia Pacific was the largest region in the household laundry equipment market in 2021. Western Europe was the second-largest region in thehousehold laundry equipment market. The regions covered in the household laundry equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Rapid Urbanization is expected to contribute to the growth of the household laundry equipment in the forecast period. Globally, the percentage of population living in urban areas is expected to increase from 56.2% in 2020 and reach 68% by 2050. The growth in the urban population coupled with the rise in disposable incomes and affordability among residents of cities will drive the demand for household laundry equipment.

Increasing demand for online on demand laundry services is expected to restrain the market for household laundry equipment in the forecast period. The on-demand laundry services market is expected to be aided by stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020, and 3.6% from 2021 to 2023. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. For instance, China is forecast to register GDP growth of 6.2% in 2019. Stable economic growth, increasing internet penetration, and 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 household washing machines.

Household laundry equipment 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.

The countries covered in the household laundry equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • LG Electronics
  • Whirlpool Corporation
  • Haier Corporation
  • Electrolux AB
  • Panasonic Corporation
  • BSH Home Appliances Group
  • Haier Group Corporation
  • Miele
  • Siemens AG
  • Toshiba Corporation
  • General Electric Company
  • Hisense Co. Ltd.
  • Hitachi Ltd.
  • Koninklijke Philips
  • Hamilton Beach
  • Groupe SEB
  • Joy Mangano
  • Kenmore
  • HAAN
  • Conair
  • Fridja
  • CUORI ELECTRICAL APPLIANCES
  • Jiffy Steamer
  • Sears
  • Asko
  • Smeg
  • Flyco
  • Applica

Methodology

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