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Colombia Washing Machine Market Report and Forecast 2025-2034

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    Report

  • 112 Pages
  • May 2025
  • Region: Colombia
  • Expert Market Research
  • ID: 6096653
The Colombia washing machine market size is estimated to expand at a CAGR of 2.20% between 2025 and 2034.

The Colombia washing machine market growth is driven by the increased consumer spending on household appliances, rapid urbanisation, and a growing demand for energy-efficient home appliances. A notable trend in the market is the rising popularity of smart home appliances. Further, the market benefits from the escalating need for washing machines in commercial establishments like hotels and resorts to provide guests with improved convenience and services.

As per the Colombia washing machine market analysis, the rise in demand for intelligent appliances in both residential and commercial sectors is a key trend in the market. The increase in interest in connected devices and the growing consumer expenditure on high-end and energy-efficient household products are driving the need for smart home appliances in the country. Leading companies are leveraging cutting-edge technologies like innovative drum technology, Internet of Things (IoT), and EcoBubble technology to elevate the washing process. Smart washing machines not only save significant time compared to manual washing but can also be controlled through virtual assistants such as Google Assistant and Amazon Alexa.

Moreover, offline channels, which include supermarkets, hypermarkets, and speciality stores, dominate the market. In these physical stores, customers can promptly receive assistance regarding household appliances and receive expert advice from sales personnel to help them choose the most suitable product. In March 2023, Ikea inaugurated a new outlet in the Mallplaza NQS shopping complex in Colombia, offering a range of home appliances, furniture, and home goods.

Market Segmentation

Colombia Washing Machine Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Front Load
  • Top Load

Market Breakup by Technology

  • Fully Automatic
  • Semi-Automatic

Market Breakup by Capacity

  • Below 6 Kg
  • 6.1 to 8 Kg
  • Above 8 Kg

Market Breakup by Distribution Channel

  • Online
  • Offline

Competitive Landscape

Market participants are focusing on the production of washing machines integrated with smart technologies and advanced features to improve efficiency and convenience of users.

  • Whirlpool Corporation
  • Samsung Electronics Co. Ltd.
  • LG Corp.
  • Electrolux AB
  • Robert Bosch GmbH
  • Midea Group Co. Ltd.
  • Mabe, S.A. de C.V.
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Washing Machine Market Overview
5.1 Key Industry Highlights
5.2 Latin America Washing Machine Historical Market (2018-2024)
5.3 Latin America Washing Machine Market Forecast (2025-2034)
5.4 Latin America Washing Machine Market Share by Country
5.4.1 Brazil
5.4.2 Mexico
5.4.3 Argentina
5.4.4 Colombia
5.4.5 Others
6 Colombia Washing Machine Market Overview
6.1 Key Industry Highlights
6.2 Colombia Washing Machine Historical Market (2018-2024)
6.3 Colombia Washing Machine Market Forecast (2025-2034)
7 Colombia Washing Machine Market by Type
7.1 Front Load
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Top Load
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
8 Colombia Washing Machine Market by Technology
8.1 Fully Automatic
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Semi-Automatic
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
9 Colombia Washing Machine Market by Capacity
9.1 Below 6 Kg
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 6.1 to 8 Kg
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Above 8 Kg
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
10 Colombia Washing Machine Market by Distribution Channel
10.1 Online
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Offline
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Powers
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Trade Data Analysis (HS Code: 845)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Competitive Landscape
13.1 Supplier Selection
13.2 Key Global Players
13.3 Key Regional Players
13.4 Key Player Strategies
13.5 Company Profiles
13.5.1 Whirlpool Corporation
13.5.1.1 Company Overview
13.5.1.2 Product Portfolio
13.5.1.3 Demographic Reach and Achievements
13.5.1.4 Certifications
13.5.2 Samsung Electronics Co. Ltd.
13.5.2.1 Company Overview
13.5.2.2 Product Portfolio
13.5.2.3 Demographic Reach and Achievements
13.5.2.4 Certifications
13.5.3 LG Corp.
13.5.3.1 Company Overview
13.5.3.2 Product Portfolio
13.5.3.3 Demographic Reach and Achievements
13.5.3.4 Certifications
13.5.4 Electrolux AB
13.5.4.1 Company Overview
13.5.4.2 Product Portfolio
13.5.4.3 Demographic Reach and Achievements
13.5.4.4 Certifications
13.5.5 Robert Bosch GmbH
13.5.5.1 Company Overview
13.5.5.2 Product Portfolio
13.5.5.3 Demographic Reach and Achievements
13.5.5.4 Certifications
13.5.6 Midea Group Co. Ltd.
13.5.6.1 Company Overview
13.5.6.2 Product Portfolio
13.5.6.3 Demographic Reach and Achievements
13.5.6.4 Certifications
13.5.7 Mabe, S.A. de C.V.
13.5.7.1 Company Overview
13.5.7.2 Product Portfolio
13.5.7.3 Demographic Reach and Achievements
13.5.7.4 Certifications
13.5.8 Others

Companies Mentioned

  • Whirlpool Corporation
  • Samsung Electronics Co. Ltd.
  • LG Corp.
  • Electrolux AB
  • Robert Bosch GmbH
  • Midea Group Co. Ltd.
  • Mabe, S.A. de C.V.