0
Upcoming Allied Market Research
2023
Washing Appliances Market

Washing Appliances Market

by Product Type (Front-Loading Washing Machines, Washer Dryer Combo, Integrated, Stackable, Portable or Compact, Top-Loading, Semi-Automatic, Fully-Automatic, Others), by Technology (Smart Washing Machine, Conventional Washing Machine), by Capacity (Less than 6KG, 6.1-8KG, Above 8KG), by Application (Residential, Hotels, Hospitals, Laundry Services, Others) and by Distribution Channel (Hypermarkets, Electronic Mall, Specialty Stores, Multi-Brand Stores, Exclusive Stores, Online Retail, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A16132
Pages: NA
Jul 2023 | 876 Views
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Washing Appliances Market

Request Now !

A washing appliance works by spinning the clothing at a high speed, creating centrifugal force that removes the water and debris from the clothes. During the previous decade, these machines have undergone several technical advances, resulting in increased efficiency in terms of water and power savings. As a result, leading competitors in the industry have been able to capture a large portion of the washing machine market. Increased demand for Laundromats has resulted from a rise in the number of dual-income households and a lack of time for individuals to carry on with the laundry. In addition, the growth of the hotel industry in emerging countries and the introduction of on-demand services, are expected to enhance commercial washing appliance sales. Furthermore, energy labeling and rules have allowed manufacturers to concentrate on the creation of energy-efficient products. With the advent of the COVID-19 pandemic, the demand for washing appliances has decreased as consumers have shifted their interest toward essential necessities.

COVID-19 Impact Analysis

  • The COVID-19 pandemic had negatively affected the growth of the washing appliances industry as the channel of distribution was disrupted. The production and supply chain halted due to the insufficiency of raw material for production.
  • The specialty stores were unavailable to sell its product or restore their shelves with new products due to the implementation of lockdown. On the other hand, online stores were out of stock and unable to meet the requirement.
  • This extreme situation has meant that consumers' interest in the necessary products and services has been shifted to help them survive. Washing appliances were not of utmost importance.

Top Impacting Factors

  • The rise in the adoption of laundry services that are available via online websites or mobile apps is projected to drive the growth of the washing machine market in the forecast period. The rising demand for washing machines in households, which save time and energy, is expected to fuel the expansion of the washing appliances market. Furthermore, the rise in the usage of smart and connected technologies, as a result of the rise in IoT, is expected to stifle the growth of the washing appliances market.
  • Rapid economic expansion increased disposable income, and a busy work schedule will give several chances for the growing washing appliances sector. In addition, there has been significant growth in demand for washing appliances due to increasing living standards and economic conditions. Convenience is the important factor that a consumer looks at before buying a product and washing appliances provide the convenience that a consumer requires.

Market Trends

Fully Automatic Washing Machines are expected to grow at Higher Rate

A fully automatic washing machine features a single engine that can wash and spin on its own, without the need for any user assistance. Due to the rising scarcity of time for domestic tasks, this category is anticipated to be the fastest-growing. The growing demand for Laundromats is due to a rise in the number of dual-income households with inadequate time to do laundry. Manufacturers were able to focus on the creation of energy-efficient products because of the energy labeling and laws. Fully automated machines come in two varieties: front load and top load, and front load machines are now favored because of their simplicity of use, space savings, and water and energy efficiency.

Smart Technologies Invade the Washing Machine Market

Consumers place a high premium on convenience that does not sacrifice performance. The demand for smart appliances is resulting in technological advancements in the washing appliance business, particularly in the washing machine sector. A few manufacturers use smart technologies like drive technology and bubble technology to tag data and track the state of cleaned goods, while others use to track performance indicators like electricity, chemicals, and resources. Washing appliances with inbuilt smart technology do not overrun, saving time for households and commercial laundry operations.

The introduction of a new design is expected to attract customers

Appliances are now treated as if they were furniture. Washing machines have a lot of similarities in terms of functioning. Consumers are attempting to integrate washing machines into their homes. When the functionality is the same, the design that appeals to the customer's emotions is the most popular. This design characteristic propels the washing appliances market forward. 
  

Key Benefits of the Report

  • This study presents the analytical depiction of the washing appliances industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the washing appliances market share.
  • The current market is quantitatively analyzed to highlight the growth scenario of the washing appliances market.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market. 
  • The report provides a detailed washing appliances market analysis on the basis of competitive intensity and how the competition will take shape in coming years

Questions Answered in the Washing Appliances Market Research Report

  • Which are the leading players active in the washing appliances market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?

Washing Appliances Market Report Highlights

Aspects Details
By Product Type
  • Front-Loading Washing Machines
  • Washer & Dryer Combo
  • Integrated
  • Stackable
  • Portable or Compact
  • Top-Loading
  • Semi-Automatic
  • Fully-Automatic
  • Others
By Technology
  • Smart Washing Machine
  • Conventional Washing Machine
By Capacity
  • Less than 6KG
  • 6.1-8KG
  • Above 8KG
By Application
  • Residential
  • Hotels
  • Hospitals
  • Laundry Services
  • Others
By Distribution Channel
  • Hypermarkets
  • Electronic Mall
  • Specialty Stores
  • Multi-Brand Stores
  • Exclusive Stores
  • Online Retail
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Spain, Italy, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Company10, Company3, Company8, Company1, Company9, Company4, Company7, Company2, Company6, Company5
 

Loading Table Of Content...


 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Washing Appliances Market

Start reading.
This Report and over 53,854+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,930
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise
    License/PDF

  • $9,870
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers