“Washing Machine Market – Global Industry Dynamics 2019-20, Trends and Forecast, 2021–2028” is an upcoming market research report added by the analysts at Industry Probe. Washing machine market report offers existing driving and limiting factors, consumer behavior & trends, and scope for opportunities that can help the strategists and companies.                

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Major players are focusing on incorporation of advanced technologies, product innovation, mergers & acquisitions, and geographical expansion to remain competitive in the market. Some of the prominent players operating in the global washing machine market are featured in this report to give a better competitive analysis of the market and these include Samsung Group, LG Electronics Inc., Siemens AG, Haier Group Corporation, AB Electrolux, Whirlpool Corporation, Robert Bosch GmbH, Miele and Cie. KG, Panasonic Corporation, and GE Appliances and Others

The report is a result of a thorough secondary research as well as interviews with industry experts. Therefore, numbers are as close to accurate as they get and the information accessible in the report on the washing machine market is easy to comprehend. Industry Probe analysts have included some of the major players operating in the washing machine market along with information about revenue, strengths, opportunities, segmentation, competitive landscape and regional presence of the market players.     

As per the report from Industry Probe, the washing machine market is expected to witness significant growth in the coming years. Increased demand from the residential sector is significantly contributing to the expansion of the overall market across the globe. Over the years, washing clothes and fabrics manually has taken a backseat especially in the residential sector. Rise of disposable income and increased spending capacity are helping manufacturers in positioning their products to various consumer groups in the global market. Moreover, use of washing machines in laundries has gathered momentum over the past decade. Growing penetration of commercial washing machines in the hospitality industry is also boosting the demand in the global market.

The report has segregated the global washing machine market in terms of type, technology, capacity, application, distribution channel, and region. In terms of type, the market is classified into top load, and front load. With various government standards and regulations related to water and energy consumption, the major players have introduced several top load washing machines to compete with front load washers in the market. Based on technology, the washing machine market is classified into semi-automatic, fully automatic, and dryer. In terms of capacity, the market is classified into less than 5 Kg, 5-8 Kg, 8-10 Kg, and more than 10 Kg. Based on application, the washing machine market is split into residential, commercial, and industrial.

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