Global Laundry Appliances Market Size Study & Forecast, by Type (Free Standing, built in) by Product (Washing Machine, Dryers, Electric Smoothing Irons, Others), by Technology (Automatic, Semi-Automatic/Manual, and Others), by Distribution Channel (Multi-

Global Laundry Appliances Market Size Study & Forecast, by Type (Free Standing, built in) by Product (Washing Machine, Dryers, Electric Smoothing Irons, Others), by Technology (Automatic, Semi-Automatic/Manual, and Others), by Distribution Channel (Multi-brand Stores, Exclusive Stores, Online, and Other Distribution Channels) and Regional Analysis, 2023-2030

Global Laundry Appliances Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Laundry appliances refer to household machines and equipment designed specifically for washing, drying, and maintaining clean clothing and other textiles. These appliances include washing machines, dryers, and combination washer-dryer units that automate the process of cleaning and caring for clothes, linens, and other fabric-based items. The expansion of the laundry appliances market is driven by factors such as the growing middle-class population's purchasing capacity of washing machines and dryers. The increasing number of women in the workforce also contributes to the demand for appliances such as washing machines, which assist with household chores.

The market for laundry appliances is driven by the increasing adoption of smart homes. The integration of smart technologies in households is fueling the demand for advanced and connected laundry appliances that offer convenience, efficiency, and remote-control capabilities. As per Alarms.org's data in 2022, the adoption of smart products in households is experiencing significant growth. According to Statista, in 2021, there were approximately 262.57 million users of smart homes were recorded around the world. Also, the figure is constantly rising and is projected to reach 672.57 million users by 2027. Moreover, current trends in the laundry appliances market involve a focus on innovation to enhance efficiency, energy efficiency, and water consumption in line with environmental regulations set by various governments. Additionally, the growing levels of disposable income of the population are driving the demand for laundry appliances. However, high initial costs associated with purchasing advanced and energy-efficient appliances, and the need for proper maintenance and repair services stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Laundry Appliances Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022. The widespread adoption of automatic washing processes as a fundamental aspect of daily household chores among Europeans has generated promising growth opportunities in the region. In addition, rapid urbanization and changing lifestyles, advancements in laundry appliance technologies, and growing awareness of environmental issues and energy conservation are the further attributing to the regional market growth. North America is expected as the fastest growing during the forecast period, the growing preference for smart devices and smart homes among Americans is driving the sales of smart washing machines, as connected devices gain increasing prominence.

Major market players included in this report are:
Whirlpool
Alliance Laundry Systems LLC
Videocon Industries Limited
Robert Bosch GmbH
Toshiba Corporation
Candy Hoover Group S.p.A.
Sharp Corporation
Electrolux AB
GD Midea Holding Co. Ltd.
Samsung Electronics Co., Ltd.

Recent Developments in the Market:
 In August 2020, Samsung launched an AI-powered laundry lineup that includes washing machines with top-tier energy efficiency. These innovative machines utilize artificial intelligence (AI) capabilities to customize the laundry process, achieving a powerful wash while saving time, energy, and effort. The lineup also features Samsung's EcoBubble and QuickDrive technology.
 In January 2021, LG Electronics unveiled the LG ThinQ front-load washing machine, which incorporates an Artificial Intelligent Direct Drive (AI DD) motor. This advanced motor not only detects the weight of the load but also senses the fabric's softness, enabling it to automatically select the optimal motions for different types of fabric. The LG ThinQ washing machine is conveniently controlled using the Smart ThinQ Wi-Fi, allowing users to operate the machine remotely from any location, creating a seamless and integrated experience.

Global Laundry Appliances Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Type, Product, Technology, Distribution Channel, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Freestanding
Built in

By Product:
Washing Machine
Dryers
Electric Smoothing Irons
Others

By Technology:
Automatic
Semi-Automatic/ Manual
Others

By Distribution Channel:
Multi-brand Stores
Exclusive Stores
Online
Other Distribution Channels

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Companies Mentioned
Whirlpool
Alliance Laundry Systems LLC
Videocon Industries Limited
Robert Bosch GmbH
Toshiba Corporation
Candy Hoover Group S.p.A.
Sharp Corporation
Electrolux AB
GD Midea Holding Co. Ltd.
Samsung Electronics Co., Ltd.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.