Global Home Laundry Appliance Market Growth 2023-2029

Global Home Laundry Appliance Market Growth 2023-2029

A laundry machine (washing machine, clothes washer, or washer) is a home appliance used to wash laundry. The term is mostly applied to machines that use water as opposed to dry cleaning (which uses alternative cleaning fluids and is performed by specialist businesses) or ultrasonic cleaners. The user adds laundry detergent, which is sold in liquid or powder form, to the wash water.
LPI (LP Information)' newest research report, the “Home Laundry Appliance Industry Forecast” looks at past sales and reviews total world Home Laundry Appliance sales in 2022, providing a comprehensive analysis by region and market sector of projected Home Laundry Appliance sales for 2023 through 2029. With Home Laundry Appliance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Home Laundry Appliance industry.
This Insight Report provides a comprehensive analysis of the global Home Laundry Appliance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Home Laundry Appliance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Home Laundry Appliance market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Home Laundry Appliance and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Home Laundry Appliance.
The global Home Laundry Appliance market size is projected to grow from US$ 36870 million in 2022 to US$ 44740 million in 2029; it is expected to grow at a CAGR of 44740 from 2023 to 2029.
Global core home laundry appliance manufacturers include Haier, Whirlpool and Midea etc. The Top 3 companies hold a share about 50%. Asia Pacific is the largest market, with a share about 47%, followed by Europe and North America with the share about 23% and 19%.
This report presents a comprehensive overview, market shares, and growth opportunities of Home Laundry Appliance market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Washing Machines
Drying Machines
Segmentation by application
Home
Business
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Haier
Whirlpool
LG
Midea
Electrolux
Samsung
Panasonic
BSH
Hitachi
Miele & Cie
Godrej & Boyce

Key Questions Addressed in this Report
What is the 10-year outlook for the global Home Laundry Appliance market?
What factors are driving Home Laundry Appliance market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Home Laundry Appliance market opportunities vary by end market size?
How does Home Laundry Appliance break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.