Washing Machines - Europe
Europe- In Europe, the Washing Machines market is projected to generate a revenue of US$12.38bn in 2024.
- It is anticipated that the market will experience an annual growth rate of 3.35% (CAGR 2024-2029).
- When comparing globally, China leads the market with a revenue of US$17bn in 2024.
- Considering the total number of households, each household is expected to generate US$39.97 in revenue in 2024.
- Looking ahead to 2029, the volume of the Washing Machines market is estimated to reach 26.7m pieces units.
- Additionally, a growth rate of 1.2% is predicted for 2025.0.
- In terms of average volume per household, the Washing Machines market is projected to amount to 0.08pieces units per household in 2024.
- In Germany, the trend in the washing machine market is towards energy-efficient models with smart features for convenience and sustainability.
- Key regions:
- India,
- Japan,
- Worldwide,
- Germany,
- United Kingdom
Definition: The category of washing machines encompasses all washers and dryers specifically designed for residential purposes.
Additional Information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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In-Scope
- Fully-automatic washing machines
- Front and top load washing machines
- Dryers
Out-Of-Scope
- Non-electric washing machines
- Washing machines for professional use
