Residential Washing Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global residential washing machine market reached a value of US$ 39.38 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 51.91 Billion by 2027, exhibiting a CAGR of 4.71% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Washing machines are home appliances widely used to wash the laundry with detergent. They comprise semi-automatic and fully automatic machines that assist in washing, rinsing, and drying without the need to supervise different operations. They save time and are easier to clean, operate, and repair compared to other electrical devices. Presently, they are available in multiple sizes and styles depending on the budget, lifestyle, and the size of the user's house.

Residential Washing Machine Market Trends:

At present, the growing affordability of washing machines, along with the inflating income levels of individuals around the world, represents one of the key factors driving the market. Moreover, there is an increase in the demand for residential washing machines due to continuous improvements in rural electrification. This, coupled with various initiatives undertaken by the government of several countries to develop rural households, is contributing to the growth of the market. In addition, various benefits offered by residential washing machines, such as enhanced comfort level and convenience, are propelling the growth of the market. Besides this, key market players are extensively investing in research and development (R&D) activities to integrate technological advancements in washing machines and introduce product variants that are highly efficient in saving water and electricity. This is strengthening the growth of the market. Apart from this, the escalating demand for residential washing machines among the masses due to hectic lifestyles and less time for laundry is bolstering the growth of the market. Additionally, the wide availability of residential washing machines through online and offline distribution channels, in confluence with the burgeoning e-commerce sector, is offering lucrative growth opportunities to industry investors.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global residential washing machine market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, technology, machine capacity and distribution channel.

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
Specialty Stores
Department Stores
E-Commerce
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Whirlpool Corporation.

Key Questions Answered in This Report:

How has the global residential washing machine market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global residential washing machine market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the machine capacity?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global residential washing machine market and who are the key players?
What is the degree of competition in the industry?

Frequently Asked Questions about the Global Residential Washing Machine Market

What is the estimated value of the Global Residential Washing Machine Market?

The Global Residential Washing Machine Market was estimated to be valued at $39.38 Billion in 2021.

What is the growth rate of the Global Residential Washing Machine Market?

The growth rate of the Global Residential Washing Machine Market is 4.7%, with an estimated value of $51.91 Billion by 2027.

What is the forecasted size of the Global Residential Washing Machine Market?

The Global Residential Washing Machine Market is estimated to be worth $51.91 Billion by 2027.

Who are the key companies in the Global Residential Washing Machine Market?

Key companies in the Global Residential Washing Machine Market include Electrolux AB, Godrej Consumer Products Ltd., Haier Group Corporation, Hitachi Ltd., IFB Industries Limited, LG Electronics Inc., Midea Group, Miele, Panasonic Holdings Corporation and Robert Bosch GmbH.

Report Attribute	Details
No. of Pages	144
Published	August 2022
Forecast Period	2021 - 2027
Estimated Market Value ( USD ) in 2021	$ 39.38 Billion
Forecasted Market Value ( USD ) by 2027	$ 51.91 Billion
Compound Annual Growth Rate	4.7%
Regions Covered	Global
No. of Companies Mentioned	13

1 Preface

2 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 Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 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 Forecast

7 Market Breakup by Technology
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 Forecast

8 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 Forecast

9 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
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast

10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast

11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Electrolux AB
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Godrej Consumer Products Ltd.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 Haier Group Corporation
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Hitachi Ltd.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 IFB Industries Limited
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 LG Electronics Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Midea Group
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 Miele
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Panasonic Holdings Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Robert Bosch GmbH
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 SWOT Analysis
15.3.11 Samsung Electronics Co. Ltd.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.12 Toshiba Corporation
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.13 Whirlpool Corporation
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis

List of Figures
Figure 1: Global: Residential Washing Machine Market: Major Drivers and Challenges
Figure 2: Global: Residential Washing Machine Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Residential Washing Machine Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Residential Washing Machine Market: Breakup by Product (in %), 2021
Figure 5: Global: Residential Washing Machine Market: Breakup by Technology (in %), 2021
Figure 6: Global: Residential Washing Machine Market: Breakup by Machine Capacity (in %), 2021
Figure 7: Global: Residential Washing Machine Market: Breakup by Distribution Channel (in %), 2021
Figure 8: Global: Residential Washing Machine Market: Breakup by Region (in %), 2021
Figure 9: Global: Residential Washing Machine (Fully Automatic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Residential Washing Machine (Fully Automatic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Residential Washing Machine (Semiautomatic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Residential Washing Machine (Semiautomatic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Residential Washing Machine (Dryer) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Residential Washing Machine (Dryer) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Residential Washing Machine (Top Load) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Residential Washing Machine (Top Load) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Residential Washing Machine (Front Load) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Residential Washing Machine (Front Load) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Residential Washing Machine (Below 6 Kg) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Residential Washing Machine (Below 6 Kg) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Residential Washing Machine (6 to 8 Kg) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Residential Washing Machine (6 to 8 Kg) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Residential Washing Machine (8 Kg and Above) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Residential Washing Machine (8 Kg and Above) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Residential Washing Machine (Supermarket and Hypermarket) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Residential Washing Machine (Supermarket and Hypermarket) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Residential Washing Machine (Specialty Store) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Residential Washing Machine (Specialty Store) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Residential Washing Machine (Department Store) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Residential Washing Machine (Department Store) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Residential Washing Machine (E-Commerce) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Residential Washing Machine (E-Commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Residential Washing Machine (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Residential Washing Machine (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: North America: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: North America: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: United States: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: United States: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Canada: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Canada: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Asia-Pacific: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Asia-Pacific: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: China: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: China: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Japan: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Japan: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: India: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: India: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: South Korea: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: South Korea: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Australia: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Australia: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Indonesia: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Indonesia: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Others: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Others: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Europe: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Europe: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Germany: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Germany: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: France: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: France: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: United Kingdom: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: United Kingdom: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Italy: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Italy: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Spain: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Spain: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Russia: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Russia: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Latin America: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Latin America: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Brazil: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Brazil: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Mexico: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Mexico: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Middle East and Africa: Residential Washing Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Middle East and Africa: Residential Washing Machine Market: Breakup by Country (in %), 2021
Figure 83: Middle East and Africa: Residential Washing Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Global: Residential Washing Machine Industry: SWOT Analysis
Figure 85: Global: Residential Washing Machine Industry: Value Chain Analysis
Figure 86: Global: Residential Washing Machine Industry: Porter's Five Forces Analysis

List of Tables
Table 1: Global: Residential Washing Machine Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Residential Washing Machine Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Residential Washing Machine Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Residential Washing Machine Market Forecast: Breakup by Machine Capacity (in Million US$), 2022-2027
Table 5: Global: Residential Washing Machine Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 6: Global: Residential Washing Machine Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Residential Washing Machine Market: Competitive Structure
Table 8: Global: Residential Washing Machine Market: Key Players