Washing Machines - G7
G7- In 2024, the Washing Machines market in G7 generated a total revenue of US$15.49bn.
- According to market projections, this segment is anticipated to experience an annual growth rate of 2.38% (CAGR 2024-2029).
- When compared to other countries globally, China leads the way with a revenue of US$17bn in 2024.
- Taking into account the total number of households, the per household revenue in the Washing Machines market is estimated to be US$47.57 in 2024.
- Looking ahead to 2029, the volume of Washing Machines market in G7 is expected to reach 31.1m pieces units.
- However, there might be a slight decline in volume growth in 2025.0, with a projected rate of 0.3%.
- On average, each household in G7 is expected to have a volume of 0.09pieces units in the Washing Machines market by 2024.
- In the G7 country of Japan, there is a growing trend towards high-tech, energy-efficient washing machines with advanced features.
- Key regions:
- India,
- Japan,
- Worldwide,
- Europe,
- Germany
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
