Rising disposable income and improvements in rural electrification are driving India washing machine industry.
Washing machine market share in india 2019. Based on type hand wash detergents constitute 82 of the market share while machine wash detergents hold the remaining of it. Moreover this segment is expected to register the fastest CAGR of 63 from 2019 to 2025 as it is the most preferred load capacity for household use. North churns majority of revenue in the market whereas East is the lowest penetrated region.
Moreover the rising affordability of washing machines and growing urbanization is further. Below is a discussion of the best washing machine brands in India 2019. For Insights on Machine Tool Market in India -.
Chapter 2 to profile the top manufacturers of Washing Machines with price sales revenue and global market share of Washing Machines in 2018 and 2019. The Indian washing machines market in 2019-20 is estimated at 7 million units valued at Rs. The India Washing Machine Market reached USD 1267 million in 2019 and projected to grow at CAGR of 367 to reach USD 1698 million by 2026.
The global washing machine market is segmented on the basis of type application and geography. Market share of leading washing machine manufacturers in China 2013 Washing machines usage in France 2019 by expenditure Export value of washing machines from China 2009-2013. LG has managed to win a sizeable amount of market share in the washing machine market.
In 2016 fully automatic washing machine sales were more than 350 million units whereas sales of semi-automatic machines were less than that. Samsung followed not far behind with 18 percent of the market share. LG Electronic Inc Samsung India Electronics Ltd Whirlpool Corporation Haier Group Corporation IFB are the major companies operating in India Washing Machine Market.
The Worldwide market for Washing Machine Market is expected to grow at a CAGR of roughly xx over the next ten years and will reach US XXX Mn in 2028 from US XXX Mn in 2018 according to a new Marketus Prudour Research study. Automatic Washing Machines and Semi-automatic Washing Machines Technavios report the Washing Machine Market in India 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The India Washing Machine Market reached USD USD1267 million in 2019 and projected to grow at CAGR over 37 to reach USD 1698 million by 2026.