Washing Machine Market In US 2024-2028
The washing machine market in US is forecasted to grow by USD 1.65 bn during 2023-2028, accelerating at a CAGR of 5.2% during the forecast period. The report on the washing machine market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product innovation leading to portfolio extension and product premiumization, rising online sales of washing machines, and growing hospitality industry.
Technavio's washing machine market in US is segmented as below:
By End-user
By Technology
- Fully automatic
- Semi-automatic
By Distribution Channel
This study identifies the introduction of portable washing machines as one of the prime reasons driving the washing machine market in US growth during the next few years. Also, rise in demand for energy-efficient products and inorganic and organic strategic initiatives by market vendors will lead to sizable demand in the market.
The report on the washing machine market in US covers the following areas:
- Washing machine market in US sizing
- Washing machine market in US forecast
- Washing machine market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading washing machine market in US vendors that include AB Electrolux, Alliance Laundry System LLC, Avanti Products LLC, Danby, Felix Storch Inc., General Electric Co., Godrej and Boyce Manufacturing Co. Ltd., Haier Smart Home Co. Ltd., LG Electronics Inc., Midea Group Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Toshiba Corp., Transform Holdco LLC, Whirlpool Corp., and Aosom LLC. Also, the washing machine market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.