Israel Laundry Appliances Market Size study, by Type (Free Standing, Built-In), by Product (Washing Machines, Dryers, Electric Smoothing Irons, Others), by Technology (Automatic, Manual), by Distribution Channel (Multi-brand Store, Exclusive Stores, Onlin
Israel Laundry Appliances Market Size study, by Type (Free Standing, Built-In), by Product (Washing Machines, Dryers, Electric Smoothing Irons, Others), by Technology (Automatic, Manual), by Distribution Channel (Multi-brand Store, Exclusive Stores, Online, Other Distribution Channels) and Forecasts 2022-2032
Israel Laundry Appliances Market is estimated at USD 281.60 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 3.29% over the forecast period from 2024 to 2032. Laundry appliances are essential household devices designed for washing, drying, and maintaining clothes and textiles. These appliances include washing machines, dryers, and washer-dryer combos, each offering various features to enhance efficiency and convenience. Modern laundry appliances are equipped with advanced technologies for better cleaning performance, energy efficiency, and eco-friendliness. They cater to evolving consumer needs by providing options that address hygiene concerns, reduce water and energy usage, and offer smart functionalities, reflecting the growing emphasis on convenience and sustainability in home care.
The Israel Laundry Appliances Market growth is driven by evolving consumer laundry habits, heightened concerns about germs, and increased time spent at home, which reduced the frequency of laundry but emphasized the importance of maintaining cleanliness. This trend has been further amplified by the increased time spent at home, leading to greater emphasis on maintaining cleanliness and convenience. As a result, there is a rising demand for advanced laundry appliances that offer superior cleaning performance, energy efficiency, and innovative features. Additionally, the growing awareness of environmental sustainability is prompting consumers to opt for eco-friendly appliances, further boosting market growth. Moreover, the market is poised for growth as disposable incomes rise and more consumers seek to upgrade their home appliances for better efficiency and convenience are anticipated to create lucrative opportunities for the market. However, slowdown in housing market and dearth of skilled workforce is going to impede the overall demand for the market during the forecast period 2024-2032.
Key Companies Included in this Report:
Alliance Laundry Systems
Candy Group
Haier Group
GD Midea Holding Co., Ltd
Hitachi Appliances Inc
Godrej Group
IFB Industries
Bosch
Electrolux
LG Electronics
The detailed segments and sub-segment of the market are explained below:
By Type: • Free Standing • Built-In
By Product: • Washing Machines • Dryers • Electric Smoothing Irons • Others
By Technology: • Automatic • Manual
By Distribution Channel: • Multi-brand Store • Exclusive Stores • Online • Other Distribution Channels
Years considered for the study are as follows: • Historical year – 2022 • Base year – 2023 • Forecast period – 2024 to 2032
Key Takeaways: • Market Estimates & Forecast for 10 years from 2022 to 2032. • Annualized revenues and regional level analysis for each market segment. • Competitive landscape with information on major players in the market. • Analysis of key business strategies and recommendations on future market approach. • Analysis of competitive structure of the market. • Demand side and supply side analysis of the market
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Chapter 1. Israel Laundry Appliances Market Executive Summary
1.1. Israel Laundry Appliances Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Type
1.3.2. By Product
1.3.3. By Technology
1.3.4. By Distribution Channel
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Israel Laundry Appliances Market Definition and Research Assumptions