Fabric Laundry Home Machines MarketByProduct Type (Semi - Automatic,Fully Automatic &Dryer) andByMachine Capacity (Below 6 Kg,Between 6 to 8 Kg &8 Kg and above) -Global Industry Analysis And Forecast To 2025
Fabric Laundry Home Machines are the machines that are preferred for washing clothes at home without any efforts at physical level. These machines are very helpful as individuals do not have to use hands for rubbing the clothes or to squeeze clothes to remove excess water. These machines are also referred to as washing machines, clothes washers or just washers. They provide the added advantage of reduced involvement of individuals during its operation. In the recent advanced machines individual just needs to add clothes to the machine select the operating mode, the amount of detergent and water are directly taken by the machine. Then the machine washes, rinses and dries of the clothes. There is large amount of development going on in the machines at technical levels and numbers of products are launched at regular basis. Therefore, the Fabric Laundry Home Machines Market is anticipated to expand and has tremendous scope during the forecast period. The global Fabric Laundry Home Machines Market anticipated to flourish in the future by growing at a significantly higher CAGR.
The global Fabric Laundry Home Machines Market is segment on basis of Product Type the market is segmented into Semi – Automatic, Fully Automatic and Dryer, and on the basis of Machine Capacity the market is segmented into Below 6 Kg, Between 6 to 8 Kg and 8 Kg and above.
From the segment of Product Type the Fully Automatic section is dominating the market and is projected as profitable section. The factors responsible for this dominance are; during the operation the involvement of human is very less, many consumers prefer this version, the version is very much efficient on water and electricity, it has the good stain removing capability than that of semi-automatic version, and other.
On the basis of Machine Capacity the section of 6 and 8 kg is leading the market and will lead during the forecasted time span. The major factor the section is leading the market, as it is considered as the ideal capacity for laundry for home level. Also they are considered as they have better electricity saving capability.
Asia Pacific region is dominating the global Fabric Laundry Home Machines Market due to features that are user-friendly & easy to understand and also its compatibility. Also some other factors like; rapid urbanization, increasing middle class population and number of rising economies in the region. The busy lifestyle is also one factor as the people do not have or have less time for laundry works.
Fabric Laundry Home Machines Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The leading players in the market are LG ELECTRONICS INC., SIEMENS AG, AB ELECTROLUX, SAMSUNG GROUP, HAIER GROUP CORPORATION, PANASONIC CORPORATION, MIELE AND CIE. KG, GE APPLIANCES and ROBERT BOSCH GMBH. The technical team of these leading players is regularly working for advancement in the products which is showing rising competition in the market. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?