Research Reports
Washing Appliances Market To Witness A Major Overhaul Between 2017-2026
Published by Persistence MarketResearch
Posted on October 7, 2021
4 min readLast updated: January 30, 2026
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Published by Persistence MarketResearch
Posted on October 7, 2021
4 min readLast updated: January 30, 2026
The global washing appliances market is set to grow significantly, reaching over $59Bn by 2026, driven by technological advancements and increased disposable income.
Persistence Market Research has compiled several aspects of the global washing appliances market in its new research publication titled “Washing Appliances Market: Global Industry Analysis (2012-2016) and Forecast (2017-2026)” and presented all facts in a methodical manner. According to this research, the global market for washing appliances is expected to witness high growth in the coming years. The research covers future market projections along with the current market scenario of each segment of the washing appliances across key regions in the globe.
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“Anytime-Anywhere” is the latest trend that has caught the consumer goods vertical and the scenario is expected to be the same even in the forecast period. This could be attributed to the influx of online advertising and communications channels such as voice assistants and podcasts, which are lowering the entry bars for competitors. Also, online vertical integration is on the anvil.
This calls for big box stores, beauty product manufacturers, and grocers operating on lucrative private labels that prove to be cost-effective as compared to standalone brands. As such, the key stakeholders need to fend off the competition out of vertically integrated solutions with proper combination of the promotional strategies. Persistence Market Research has its diligent team of analysts and consultants to bring the nitty-gritties of consumer goods vertical with the insights in this regard.
Global Washing Appliances Market: Forecast Analysis
The research report portrays an unbiased view of the global washing appliances market and has sketched its growth path. According to this research study, the global market is estimated to reach a high valuation of more than US$ 59 Bn by the end of the year of assessment from a value of about US$ 24 Bn in 2017 and is projected to grow at a CAGR of 10.7% throughout the period of forecast.
Global Washing Appliances Market: Factors Influencing Growth
The factors influencing the growth of the global washing appliances market are reduced physical effort, enhanced cleaning and washing efficiency, time saving, increasing developments in technology of washing appliances and rising disposable income. However, factors such has high maintenance cost and higher electricity consumption in case of certain machines owing to mechanical fault have challenged the growth of the global market.
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Global Washing Appliances Market: Segmentation Snapshot
The global washing appliances market is segmented on the basis of product type, by sales channel, by end user and by region.
Global Washing Appliances Market: Competitive Assessment
The research report on global washing appliances market covers information regarding major market players such as Philips, Siemens Group, Haier, Panasonic, Electrolux AB, GE Appliance, Samsung Electronics Co. Ltd., Robert Bosch, LG Electronics and Whirlpool Corporation.
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The post Washing Appliances Market To Witness A Major Overhaul Between 2017-2026 appeared first on Lake Shore Gazette.
The article discusses the projected growth and trends in the global washing appliances market from 2017 to 2026.
Growth is driven by reduced physical effort, enhanced efficiency, and rising disposable income, despite challenges like high maintenance costs.
North America currently holds the largest market share, but Asia Pacific is expected to see the highest growth rate.
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