Washing Machine Parts Market Size - By Product Type, By Capacity, By Technology, By End User, By Application, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Washing Machine Parts Market Size - By Product Type, By Capacity, By Technology, By End User, By Application, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Global Washing Machine Parts Market Overview

According to SPER Market Research, the Global Washing Machine Parts Market is estimated to reach USD 101.74 billion by 2032 with a CAGR of 5.72%. It is anticipated that the rising demand for commercial washing equipment would spur the expansion of the sector. The advent of cutting-edge technology has caused a change in the commercial washing machine business. By replacing coin-operated laundries with card-based payment systems, the laundry industry is being revolutionised for greater automation.

Impact of COVID-19 on the Global Washing Machine Parts Market

The availability of washing facilities and the proliferation of online laundry services are predicted to hinder industry growth. Major appliances are important in the majority of homes, as indicated by COVID-19. The most popular items to buy recently include dishwashers, vacuum cleaners, food processors, coffee makers, and personal hygiene products. There was no exception in the underserved washing machine market.

Scope of the report:

Market size available for the years 2019-2032
Base year considered 2021
Forecast Period 2022-2032

Segments Covered By Product Type, By Capacity, By Technology, By End User, By Application, By Distribution Channel

Regions Covered Asia Pacific, Europe, Middle East and Africa,

North America, Latin America

Companies Covered 3M Company, Advanced Electronics Company, Brandt Appliance, Crosley Company, Dyson, Electrocomp (PTY) Ltd, Electrolux, Fisher and Paykel, Godrej, Haier Group Corp,

Global Washing Machine Parts Market Segmentation:

By Technology:Based on the Technology, Global Washing Machine Parts Market is segmented as; Conventional, Smart Connected.

By Distribution Channel:Based on the Distribution Channel, Global Washing Machine Parts Market is segmented as; Direct Sales, E-Commerce, Offline, Online, Retail Chains.

By Region:The washing machine market in Asia and the Pacific accounted for more than global sales. The substantial market penetration of these products in China is responsible for the increase. The demand for fully automatic and smart connected washing machines in the emerging nations of Indonesia, India, and Vietnam is predicted to increase along with the fast-growing middle-class population in the region.