Market Size of South Africa Laundry Appliances Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South Africa Laundry Appliances Market Analysis
South Africa Laundry Appliances Market is expected to register a CAGR of greater than 5% in the forecasted period. Among the various factors influencing South African laundry Appliances is the Textile (Apparel, Clothing) market. The apparel market in South Africa observed a significant rise post covid with a total revenue of USD 5 Billion last year, this increase in apparel and textile sales is leading households for adopting laundry appliances for convenience in managing a large number of clothing and textiles.
With the advent of Covid-19, the time spent by people at home observed an increase resulting in the average revenue per household for the sales of washing machines increasing to USD 29.36, with sales of 1.1 Million pieces. Pandemic Onwards GDP Per capita is observing a continuous fluctuation existing at a level of USD 6,694 last year, these uncertainties are restricting the spending of people to necessary goods.
After observing a few years of precautionary spending by the people during covid, post covid the average revenue per user for major household appliances in South Africa observed recovery at USD 101 last year with expected positive growth forward. This trend will be having a positive spillover effect on sales of Laundry appliances in South Africa.
