Washing Machines - NAFTA
NAFTA- In 2024, the revenue in the Washing Machines market in NAFTA amounts to US$9.24bn.
- It is projected that the market will experience an annual growth rate of 2.52% from 2024 to 2029 (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in this segment, reaching US$17bn in 2024.
- Considering the total number of households, it is estimated that per household revenues will be US$52.62 in 2024.
- Looking ahead to 2029, the volume in the Washing Machines market is expected to reach 18.8m pieces units.
- Furthermore, there is a projected volume growth of 0.6% in 2025.0.
- In terms of the average volume per household in the Washing Machines market, it is anticipated to be 0.10pieces units in 2024.
- In the NAFTA market, the demand for energy-efficient washing machines is on the rise, driven by increasing consumer awareness and government regulations aimed at promoting sustainability.
- 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
