5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
The Market is Segmented by Type (Front Load and Top Load), Technology (Fully-automatic, Semi-automatic, and Dryers), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa).
Fastest Growing Market:
One of the most useful home appliances used in households across the world is a washing machine. The features of the washing machine are still being improved by incorporating microcontrollers that allow manufacturers to implement many useful features.
A complete background analysis of the residential washing machine market, including an assessment of the parental market, emerging trends by segments and regional markets, significant changes in market dynamics, and market overview, is covered in the report. The report also features the qualitative and quantitative assessment by analyzing the data gathered from industry analysts and market participants across key points in the industry’s value chain.
|By Distribution Channel|
|Other Distribution Channels|
|Middle East & Africa|
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A fully automatic washing machine contains a single motor, which has the ability of both washing and whirling, which is done on its own without any help from any manual involvement. The segment is expected to be the fastest-growing segment, owing to the growing shortage of time for household chores. The increased number of dual-income households with insufficient time for laundry has led to the rising demand for laundromats. The energy labels and energy efficiency policies enabled manufacturers to focus on the development of energy-efficient products.
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The Asia-Pacific residential washing machine market is anticipated to grow rapidly, as residential washing machines gained popularity, owing to their compatible and user-friendly features. In addition, emerging economies in the region, rapid urbanization, and an expanding middle-class population drive the market. The demand for residential washing machines is witnessing a continuous rise, owing to less availability of time to laundry by an increasing number of individuals, due to their hectic lifestyle.
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The report covers major international players operating in the market studied. The market is dominated by players, such as LG Electronics Inc, Whirlpool Corporation, Haier Group Corporation, and Electrolux, among others. However, with technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.4 Trends Shaping the Residential Washing Machine Market
4.5 Porter's Five Forces Analysis
4.6 Industry Value Chain Analysis
4.7 Regulatory Framework
4.8 Technological Innovations
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Front Load
5.1.2 Top Load
5.2 By Technology
5.3 By Distribution Channel
5.3.2 Specialty Stores
5.3.4 Other Distribution Channels
5.4.1 North America
5.4.4 South America
5.4.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 LG Electronics Inc.
6.1.2 Whirlpool Corporation
6.1.3 Haier Group Corporation
6.1.6 BSH Home Appliances Group
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
* List Not Exhaustive