One of the trends seen in the washing machine.
Washing machine industry analysis. Value Chain Analysis 84. In 2016 fully automatic washing machine sales were more than 350 million units whereas sales of semi-automatic machines were less than that. Global Residential Washing Machine Market was valued at 36648 million in 2016 and is projected to reach at 53193 million by 2023 growing at a CAGR of 55 from 2017 to 2023.
Market Analysis and Insights. Find industry analysis statistics trends data and forecasts on Washer Dryer Manufacturing in the US from IBISWorld. Data Bridge Market Research report on washing machine market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the markets.
Technology Roadmap and. Global Washing Machine Market. Besides washing machine operation consumes water electricity and detergents at varying degrees depending on the design of washing machines and consumer behaviors Pakula and Stamminger 2010.
The commercial washing machine industry is undergoing a transition with the introduction of innovative solutions. Global Industry Analysis Trends Market Size and Forecasts up to 2025 Published. Furthermore the demand for washing machines is estimated to grow at a CAGR of 542 during the forecast period 2019-2025.
Global Washing Machine Market The washing machine market is expected to witness market growth at a rate of 815 in the forecast period of 2021 to 2028. The Residential Fully Automatic Washing Machine market report provides a detailed analysis of global market size value chain optimization segmentation market growth market share competitive Landscape regional and country-level market size sales analysis impact of domestic and global market players trade regulations recent developments opportunities analysis strategic market growth. The increasing demand for commercial laundry equipment is expected to provide an impetus to the industry growth.
Based on region the market is segmented into North America Europe Asia Pacific Latin America and Middle East Africa MEA. A washing machine operates by spinning the laundry at high speed thereby generating centrifugal force that removes water from the laundry along with dirt. Introduction and Taxonomy 82.