Washing Machine Market Size, Share, Growth Analysis, By Product(Fully automatic (Front-load, Top load), Semi-automatic, Dryers), By Technology(Smart connected, Conventional), By Capacity(Below 6 kg, 6.1 to 8 kg, Above 8 kg), By End-Use(Commercial, Residential), By Application(Healthcare, Hospitality, Others), By Region - Industry Forecast 2024-2031

Whirlpool Corporation, Samsung Electronics Co. Ltd., LG Electronics Inc., and Electrolux AB are among the major industry participants. New product launches and investment in supply chain management are two significant tactics used by industry participants. Furthermore, manufacturers are working on building comprehensive distribution networks in order to expand their consumer base.

Washing Machine market Top Players Company Profiles

• Whirlpool Corporation
• LG Electronics Inc.
• Samsung Electronics Co. Ltd.
• Haier Group Corporation
• Electrolux AB
• Panasonic Corporation
• Robert Bosch GmbH
• Midea Group Co. Ltd.
• Toshiba Corporation
• Qingdao Hisense Electric Co. Ltd.
• GE Appliances (a subsidiary of Haier Group Corporation)
• Siemens AG
• Arçelik A.S.
• Sharp Corporation
• Groupe SEB (a parent company of Gorenje Group)
• Vestel Ticaret A.S.
• Candy Hoover Group S.r.l. (a subsidiary of Haier Group Corporation)
• Daewoo Electronics Corporation
• Indesit Company (a subsidiary of Whirlpool Corporation)
• SANYO Electric Co. Ltd.

Washing Machine market Recent Development

• In May 2022, Samsung announced the launch of its 2022 range of artificial intelligence enabled bi-lingual AI EcoBubble fully automatic front load washing machines. The new line-up comes with all new AI Wash feature for an effortless laundry experience and larger capacity models going up to 12 kg, as consumers shift their preference to bigger washing machines.
• In April 2022, LG Electronics unveiled its new 2022 Home Appliances lineup, which includes a variety of Smart Home Appliances. The latest goods raise the bar with sophisticated designs to move to a premium lifestyle, raising the bar with the new portfolio. New Stunningly Stylish Refrigerators - InstaView Door-in-DoorTM and Frost Free Refrigerators, AI Direct Drive Washing Machines, PuricareTM Wearable Air Purifier, VIRAAT Air Conditioners, UV+UF Water Purifiers, and a new variety of Charcoal Microwaves are part of the 2022 lineup.