Market Insights Consumer Household Appliances Major Appliances

Washing Machines - Finland

Finland

In 2024, the Washing Machines market in Finland generated a revenue of US$132.00m.
It is projected to experience an annual growth rate of 2.18% (CAGR 2024-2029).
When compared globally, in China leads the market with a revenue of US$17,120m in 2024.
Taking into account the total number of households, in Finland generated a revenue of US$46.23 per household in the Washing Machines market in 2024.
Looking ahead to 2029, the volume of washing machines in Finland is expected to reach 275.4k pieces units.
Additionally, the segment is anticipated to witness a volume growth of 0.8% in 2025.
In terms of average volume per household, in Finland is expected to have 0.09pieces washing machines per household in the Washing Machines market in 2024.
Finland's washing machine market is seeing a growing demand for energy-efficient models that prioritize sustainability.

Key regions: India, Japan, Worldwide, Europe, Germany

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.