Home Laundry Appliances Market Scrutinised in New Euromonitor International Report Available at MarketPublishers.com23 Dec 2015 • by Natalie Aster
LONDON – Home laundry appliances have turned into the 2nd most dynamics category in major appliances over the recent years. This category is expected to demonstrate the 2nd highest absolute volume growth over the next several years.
Washer dryers are set to become the fastest growing segment, with automatic washing machines being the most popular product category. Semi-automatic washing machines are forecast to witness negative growth in the upcoming years.
As of 2015, less than three quarters of the world’s population own a washing machine. Penetration rate of automatic washing machines is lower than 50 percent in a large number of markets. Water and energy efficiency represent the most important features buyers looking for in washing machines.
Besides, consumers pay more attention to convenience features of products than to their design. A larger capacity is also important to them.
New research study “Home Laundry Appliances: Opportunities to Add Value in the Contemporary Landscape” worked out by Euromonitor International Ltd. offers an up-close look at the global market for home laundry appliances. The report provides a detailed overview of the global marketplace. It pinpoints growth sectors and sheds light on factors that drive change. The study canvasses the competitive environment and cover leading brands and top players. Future market outlook is on hand in the research report, as well.
Home Laundry Appliances: Opportunities to Add Value in the Contemporary Landscape
Published: December, 2015
Price: US$ 1,325.00
More new in-demand studies by this publisher can be found at Euromonitor International page.