According to a market report by Lucintel, the future of the washing machine market in the US looks promising with opportunities in the offline, and online retail markets. The major drivers for this market are rise in per capita income, increasing working population, launch of technically advanced machines with Internet of Things (IoT), demand for home appliances that are time saving and energy saving.
In this market, fully automatic, semi automatic, and dryer type washing machines are used in commercial and residential sector. Fully automatic washing machine is expected to remain the largest product type segment due to technologically advanced features such as washing and drying in same machine that saves time.
Commercial segment is expected to witness the highest growth over the forecast period due to a growing demand for washing machines in hotels and laundry services.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the washing machine market in the US by product type, end use, capacity type and distribution channel and has compiled a comprehensive research report titled “Growth Opportunities for the Washing Machine Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the washing machine market in the US by product type, end use, capacity type, and distribution channel as follows:
By Product Type [$ Million Shipment Analysis from 2015 to 2026]:
Fully Automatic
Semi Automatic
Dryers
By End Use [$ Million Shipment Analysis 2015 to 2026]:
By Capacity Type [$ Million Shipment Analysis 2015 to 2026]:
Below 6 Kg
6.1 Kg to 8 Kg
Above 8 Kg
By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:
This more than 50-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link www.lucintel.com/United-States/opportunities-for-the-washing-machine.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.