Market Size of United States Washing Machine Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 6.60 Billion |
| Market Size (2029) | USD 7.43 Billion |
| CAGR (2024 - 2029) | 2.40 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Washing Machine Market Analysis
The United States Washing Machine Market size is estimated at USD 6.60 billion in 2024, and is expected to reach USD 7.43 billion by 2029, growing at a CAGR of 2.40% during the forecast period (2024-2029).
Trends such as digital transformation, diverse financing options, regulatory changes, customized solutions, and refinancing opportunities contribute to the market’s growth. The increasingly hectic work, the washing machine is one of every household's most prevalent home appliances. Therefore, these factors drive the market.
Smart-connected washing machines are gaining popularity in the United States. There is an increasing trend of integrating home appliances into a connected ecosystem, especially washing machines. Washing machines in the United States are connected to voice assistance services like Alexa and Google, which enhances the user experience.
United States consumers look forward to products that do not damage the environment. So, the manufacturers in the United States are launching sustainable washing machines. Therefore, this product innovation increases the demand for washing machines and, thus, increases the market's growth.
