The global washing machine accessories market size is projected to reach USD 4.2 billion by 2028 from USD 2.6 billion in 2018, at a CAGR of 8%. The major drivers for the growth are attributed to growing demand for energy efficient appliances and increasing focus on green living across the world.
A major factor driving the market growth is increasing demand for energy efficient appliances. The increase in green living across the globe has also fueled the demand for washing machine accessories, as people are looking to conserve water and reduce their carbon footprint. There is a rising trend of eco-friendly products that have been designed with environment safety in mind which will help push up the global washing machine accessory market size during forecast period.
On basis of type, the market is classified into washing machine door interlock, installation kits, drain pumps, cover waterproofs and floor trays & hoses.
A washing machine door interlock is a small device that prevents the user from opening the front loading or top load machines. This prevention can happen by either stopping the door from closing, preventing it to open at all, as well as locking and unlocking the mechanism of the appliance depending on where you are in your cycle. The purpose of this type of accessory is to protect children (especially those who still have mobility issues) so they don't get their hands inside which might result in injury due to hot water hitting them. Another major use for these devices is accidents such as doors slamming shut when someone gets too close - whether human or animal - thus cutting off their circulation or causing another accident if there was already something blocking behind it.
A drain pipe is designed as a means to get water out of the washing machine. When you turn on your washer, it fills with water which will then create suction at the bottom when spinning; this creates a siphon effect that sends dirty and soiled water down into the drain line through an opening in the front of your appliance. The larger end of the tube attaches to either your sink or outside vent (depending on where you have set up plumbing) while the other side connects directly to one or more components inside.
On basis of application, the market is segmented into Home, Commercial and Others. The Global Washing Machine Accessories Market for home application is further categorized into residential apartments, single-family homes, condominiums or other dwellings that are smaller in size than the commercial sector. Home segment is expected to see a growth rate of xx% over the forecast period. The biggest demand for laundry room appliances comes from residential apartment buildings, single-family homes and condominiums or other dwellings that are smaller in size than the commercial sector. Commercial segment has been witnessing significant investment on part of manufacturers owing to its increasing adoption among customers who want their washing machines available 24/x days per week without any hindrance. Commercial Washing Machine Accessories Market is projected to grow with an average annualized rate at xx% over 2022-2028.
On basis of region, market will see significant growth in Asia Pacific and Middle East & Africa, with China projected to emerge as the largest regional market for laundry room appliances by 2028. North America, Europe and Latin America are expected to grow with an average annualized rate of xx% over the forecast period.
Up Market Research published a new report titled “Washing Machine Accessories Market research report which is segmented by Types (Washing Machine Door Interlock, Installation Kits, Drain Pumps, Cover Waterproof, Floor Trays, Washing Lingerie, Washing Machine Motor, Hoses, Lint Filters), By Applications (Home, Commercial, Others), By Players/Companies Whirlpool, LG, Midea, Electrolux, Samsung, Panasonic, BSH, Hitachi, Toshiba, Alliance Laundry, Hisense Kelon, Haier”.
Report Attributes | Report Details |
Report Title | Washing Machine Accessories Market Research Report |
By Type | Washing Machine Door Interlock, Installation Kits, Drain Pumps, Cover Waterproof, Floor Trays, Washing Lingerie, Washing Machine Motor, Hoses, Lint Filters |
By Application | Home, Commercial, Others |
By Companies | Whirlpool, LG, Midea, Electrolux, Samsung, Panasonic, BSH, Hitachi, Toshiba, Alliance Laundry, Hisense Kelon, Haier |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 219 |
Number of Tables & Figures | 154 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Washing Machine Door Interlock, Installation Kits, Drain Pumps, Cover Waterproof, Floor Trays, Washing Lingerie, Washing Machine Motor, Hoses, Lint Filters and By Application Home, Commercial, Others.
Some of the companies that are profiled in this report are:
Washing Machine Accessories Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Washing Machine Accessories Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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