Washing Machines Market Report 2023

Washing Machines Global Market Report 2023 – By Type (Fully Automatic, SemiAutomatic, Other Types), By Product (Automatic, Semiautomatic, Dryers), By Sales Channel (ECommerce, Retail Chains, Direct Sales), By Technology (Top Load, Front Load), By Application (Residential, Commercial) – Market Size, Trends, And Global Forecast 2023-2032

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A washing machine is an appliance used to wash clothes without any physical effort.

The main types of washing machines are fully automatic, semi-automatic and others. A fully automatic washing machine completes the entire clothes washing cycle without any effort from the user. It will rinse, wash, agitate, and spin dry clothes all on its own. When time is up, the user need only retrieve the washed laundry from the machine’s basin, and either place it in an automatic dryer or hang it out. The various products of washing machine include automatic, semi-automatic and dryers that are distributed through E-commerce, retail chains and direct sales. The different technologies of washing machine are top load and front load that are used for residential and commercial applications.

The washing machine market research report is one of a series of new reports from The Business Research Company that provides washing machine market statistics, including washing machine industry global market size, regional shares, competitors with a washing machine market share, detailed washing machine market segments, market trends and opportunities, and any further data you may need to thrive in the washing machine industry. This washing machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global washing machines market size will grow from $66.43 billion in 2022 to $70.38 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global washing machines market size is expected to grow to $84.54 billion in 2027 at a CAGR of 4.7%.

Rapid Urbanization is expected to contribute to the growth of the washing machine market in the forecast period. For instance, according to the data published in September 2021 by the United Nations Department of Economic and Social Affairs, a US-based intergovernmental organization, globally, 4.46 billion people resided in urban areas in 2021. By 2050, this number will increase to 6.68 billion, with 2.22 billion more people living in urban areas. The growth in the urban population coupled with the rise in disposable incomes and affordability among residents of cities will drive the demand for washing machines during the forecast period.

Increasing demand for online on demand laundry services is expected to restrain the market for washing machines in the forecast period. According to a recent study it was revealed that the majority of the millennial populace doesn’t want to invest their valuable time in day-to-day household chores such as washing the clothes. In the USA, the revenue of dry cleaning and laundry services is projected to reach $7,660 million by 2022. Therefore, rising disposable income coupled with hectic lifestyle of individuals will lead to an increase in on demand laundry services, thereby limiting the growth of the market for washing machines.

Washing machine manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy efficient appliances are designed to utilize the minimum amount of energy to complete the required task. Currently, over 80 countries have standards and labels for energy efficient appliances. For example, in the USA, ENERGY STAR certified washing machines use 25% less energy and 33% less water than a standard washing machine. 

Major players in the washing machine market are Whirlpool Corporation, Panasonic Corporation, Robert Bosch GmbH, Miele, Haier Group Corporation, Electrolux AB, GE Appliances, AEG, Tecnik, and IFB.

Asia-Pacific was the largest region in the washing machine market in 2022. Western Europe was the second-largest region in the global washing machine market. The regions covered in the global washing machine market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the washing machine market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The washing machine market consists of sales of semi-automatic washing machines and fully automatic washing machines. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The global washing machines market is segmented -

1) By Type: Fully Automatic, Semi-Automatic, Other Types

2) By Product: Automatic, Semi-automatic, Dryers

3) By Sales Channel: E-Commerce, Retail Chains, Direct Sales

4) By Technology: Top Load, Front Load

5) By Application: Residential, Commercial

    Table Of Contents

    1. Executive Summary

    2. Washing Machines Market Characteristics

    3. Washing Machines Market Trends And Strategies

    4. Washing Machines Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Washing Machines Market

    4.2 Ukraine-Russia War Impact On Washing Machines Market

    4.3 Impact Of High Inflation On Washing Machines Market

    5. Washing Machines Market Size And Growth

    5.1. Global Washing Machines Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Washing Machines Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Washing Machines Market Segmentation

    6.1. Global Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Fully Automatic

    Semi-Automatic

    Other Types

    6.2. Global Washing Machines Market, Segmentation By product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Automatic

    Semi-automatic

    Dryers

    6.3. Global Washing Machines Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    E-Commerce

    Retail Chains

    Direct Sales

    6.4. Global Washing Machines Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Top Load

    Front Load

    6.5. Global Washing Machines Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Residential

    Commercial

    7. Washing Machines Market Regional And Country Analysis

    7.1. Global Washing Machines Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Washing Machines Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Washing Machines Market

    8.1. Asia-Pacific Washing Machines Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Washing Machines Market

    9.1. China Washing Machines Market Overview

    9.2. China Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Washing Machines Market

    10.1. India Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Washing Machines Market

    11.1. Japan Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Washing Machines Market

    12.1. Australia Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Washing Machines Market

    13.1. Indonesia Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Washing Machines Market

    14.1. South Korea Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Washing Machines Market

    15.1. Western Europe Washing Machines Market Overview

    15.2. Western Europe Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Washing Machines Market

    16.1. UK Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Washing Machines Market

    17.1. Germany Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Washing Machines Market

    18.3. France Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Washing Machines Market

    19.1. Eastern Europe Washing Machines Market Overview

    19.2. Eastern Europe Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Washing Machines Market

    20.1. Russia Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Washing Machines Market

    21.1. North America Washing Machines Market Overview

    21.2. North America Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Washing Machines Market

    22.1. USA Washing Machines Market Overview

    22.2. USA Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Washing Machines Market

    23.1. South America Washing Machines Market Overview

    23.2. South America Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Washing Machines Market

    24.1. Brazil Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Washing Machines Market

    25.1. Middle East Washing Machines Market Overview

    25.2. Middle East Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Washing Machines Market

    26.1. Africa Washing Machines Market Overview

    26.2. Africa Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Washing Machines Market Competitive Landscape And Company Profiles

    27.1. Washing Machines Market Competitive Landscape

    27.2. Washing Machines Market Company Profiles

    27.2.1. Whirlpool Corporation

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Panasonic Corporation

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Robert Bosch GmbH

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Miele

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Haier Group Corporation

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Washing Machines Market

    29. Washing Machines Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Washing Machines Market, Segmentation By product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Washing Machines Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Washing Machines Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Washing Machines Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Global Washing Machines Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: Global Washing Machines Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: Asia-Pacific, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: China, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: India, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Japan, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: Australia, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Indonesia, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: South Korea, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Western Europe, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: UK, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Germany, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: France, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: Eastern Europe, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: Russia, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: North America, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: USA, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: South America, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Brazil, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: Middle East, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 28: Africa, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 29: Whirlpool Corporation Financial Performance
  • Table 30: Panasonic Corporation Financial Performance
  • Table 31: Robert Bosch GmbH Financial Performance
  • Table 32: Miele Financial Performance
  • Table 33: Haier Group Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Washing Machines Market, Segmentation By product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Washing Machines Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Washing Machines Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Washing Machines Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Global Washing Machines Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: Global Washing Machines Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: Asia-Pacific, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: China, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: India, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Japan, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: Australia, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Indonesia, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: South Korea, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Western Europe, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: UK, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Germany, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: France, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: Eastern Europe, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: Russia, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: North America, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: USA, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: South America, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Brazil, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: Middle East, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 28: Africa, Washing Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 29: Whirlpool Corporation Financial Performance
  • Figure 30: Panasonic Corporation Financial Performance
  • Figure 31: Robert Bosch GmbH Financial Performance
  • Figure 32: Miele Financial Performance
  • Figure 33: Haier Group Corporation Financial Performance
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