Europe Washing Machine Market Introduction and Overview
According to SPER Market Research, the Europe Washing Machine Market is estimated to reach USD XX billion by 2033 with CAGR of XX%.
The report includes an in-depth analysis of the Europe Washing Machine Market, including market size and trends, product mix, applications, and supplier analysis. The term "Europe washing machine" describes domestic and commercial laundry and cleaning equipment. These devices automate laundry, doing away with the need for labour-intensive hand cleaning and rinsing. Top-load, front-load, and semi-automatic washing machines are among the varieties that are offered to accommodate varying customer preferences and space constraints.
- 2020: With the introduction of its washing machine range of 7 kg, 6 kg, and 9 kg on Amazon.in, White-Westinghouse International, a division of Electrolux Home Products, Inc. and one of the top consumer appliance companies, joined forces with Superplastronics Pvt. Ltd. (SPPL) to enter the Indian market.
- Sept. 2019: With the help of its exclusive Direct DriveTM technology, LG Electronics (LG) is bringing its cutting-edge front-loading washers with ThinQ AI to a greater number of European countries.
Market Opportunities and Challenges
The demand for washing machines is fuelled by rising home ownership rates and residential development. The market is growing because of the need to replace antiquated equipment and the desire to switch to more sophisticated ones. Consumers who have more disposable income can purchase washing machines to increase convenience. Washing machines with water- and energy-saving features are preferred by customers because they save utility bills and encourage sustainability. Customers who care about the environment are catered to by washing machines that use less water and energy.
Customers that care about the environment may be concerned about how washing machines affect the environment, especially in terms of water usage. Certain European countries' developed markets could eventually reach saturation, which would affect new sales. One major barrier to growth in the European washing machine market is price sensitivity. European consumers are frequently cost-conscious and seek out goods that offer good value. This may restrict the market for expensive or luxury washing machine models since buyers may choose less expensive machines. In addition, economic variables that affect consumer spending patterns include uncertainty and weak economic growth. In times of economic recession, people can put off buying new appliances—including washing machines—or choose less expensive models. This may have an impact on market sales and demand generally. Furthermore, living spaces are few in many European households, especially those located in cities. Large washing machines might be difficult to fit in tiny homes and apartments due to space restrictions.
Market Competitive Landscape
Major international companies involved in the Europe washing machine market are covered in the research. At the moment, a small number of the main competitors control the majority of the market share. But thanks to product and technology advances, mid-size and smaller businesses are expanding their market share by winning new business and breaking into untapped sectors. Some of major players are Bosch Home Appliances (Robert Bosch GmbH), Candy Group (Haier Group), Electrolux, Haier Group Corporation, LG Electronics Inc., Miele &Cie. KG, Panasonic Corporation, Siemens AG, Whirlpool Corporation and various others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Capacity, By End-Use Setting
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| Regions covered | Germany, UK ,France, Italy ,Switzerland, Russia and Other European Countries
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| Companies Covered | Givaudan SA, International Flavors & Fragrances Inc., Kerry Group PLC, Koninklijke DSM N.V., MANE SA, Sensient Technologies Corporation, Symrise AG, Takasago International Corporation, The Archer Daniels Midland Company, Others |
COVID-19 Impact on Europe Washing Machine Market
Worldwide supply lines are now disrupted as a result of the COVID-19 epidemic. Components and materials for washing machine manufacturing are acquired from different geographical locations. Lead times, product availability, and production capacity can all be impacted by supply chain disruptions. The pandemic's economic effects, like as lost jobs and lower income, can affect consumer spending habits. Changes in consumer priorities and financial circumstances may cause consumers to postpone or reconsider large equipment purchases, including washing machines. People's lives and careers have been impacted by the pandemic. There may be shifts in consumer behaviour with regard to laundry routines as more people choose to remain at home. This might have an impact on the demand for particular features or kinds of washing machines.
Key Target Audience:
- Consumers
- Retailers
- Manufacturers and Brands
- Distributors and Wholesalers
- Government and Regulatory Bodies
- Financial Institutions
- Research and Development Entities
Our in-depth analysis of the Europe Washing Machine Market includes the following segments:
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By Product Type:
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Front Load
Top Load
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By Capacity:
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6 kg
6-10 kg
10 kg
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By End-Use Setting:
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Energy Star
Non-Energy Star
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Key Topics Covered in the Report:
- Europe Washing Machine Market Size (FY’2023-FY’2033)
- Overview of Europe Washing Machine Market
- Segmentation of Europe Washing Machine Market By Product Type (Front Load, Top Load)
- Segmentation of Europe Washing Machine Market By Capacity (6 kg, 6-10 kg, 10 kg)
- Segmentation of Europe Washing Machine Market By End-Use Setting (Energy Star, Non-Energy Star)
- Statistical Snap of Europe Washing Machine Market
- Expansion Analysis of Europe Washing Machine Market
- Problems and Obstacles in Europe Washing Machine Market
- Competitive Landscape in the Europe Washing Machine Market
- Impact of COVID-19 and Demonetization on Europe Washing Machine Market
- Details on Current Investment in Europe Washing Machine Market
- Competitive Analysis of Europe Washing Machine Market
- Prominent Players in the Europe Washing Machine Market
- SWOT Analysis of Europe Washing Machine Market
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Washing Machine Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Washing Machine Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Washing Machine Market
7. Europe Washing Machine Market, By Product Type (USD Million)
7.1. Europe Washing Machine Market Value Share and Forecast, By Product Type, 2023-2033
7.2. Front Load
7.3. Top Load
8. Europe Washing Machine Market, By Capacity (USD Million)
8.1. Europe Washing Machine Market Value Share and Forecast, By Capacity, 2023-2033
8.2. 6 kg
8.3. 6-10 kg
8.4. 10 kg
9. Europe Washing Machine Market, By End-Use Setting (USD Million)
9.1. Europe Washing Machine Market Value Share and Forecast, By End-Use Setting, 2023-2033
9.2. Energy Star
9.3. Non-Energy Star
10. Europe Washing Machine Market Forecast, 2019-2033 (USD Million)
10.1. Europe Washing Machine Market Size and Market Share
11. Europe Washing Machine Market, By Product Type , 2019-2033 (USD Million)
11.1. Europe Washing Machine Market Size and Market Share By Product Type (2019-2026)
11.2. Europe Washing Machine Market Size and Market Share By Product Type (2027-2033)
12. Europe Washing Machine Market, By Capacity, 2019-2033 (USD Million)
12.1. Europe Washing Machine Market Size and Market Share By Capacity (2019-2026)
12.2. Europe Washing Machine Market Size and Market Share By Capacity (2027-2033)
13. Europe Washing Machine Market, By End-Use Setting, 2019-2033 (USD Million)
13.1. Europe Washing Machine Market Size and Market Share By End-Use Setting (2019-2026)
13.2. Europe Washing Machine Market Size and Market Share By End-Use Setting (2027-2033)
14. Europe Washing Machine Market, By Region, 2019-2033 (USD Million)
14.1. Europe Washing Machine Market Size and Market Share By Region (2019-2026)
14.2. Europe Washing Machine Market Size and Market Share By Region (2027-2033)
14.3. France
14.4. Germany
14.5. Italy
14.6. Russia
14.7. Switzerland
14.8. UK
14.9. Other European Countries
15. Company Profile
15.1. Bosch Home Appliances (Robert Bosch GmbH)
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Candy Group (Haier Group)
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Electrolux
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Haier Group Corporation
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. LG Electronics Inc.
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Miele &Cie. KG
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Panasonic Corporation
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Siemens AG
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9 Whirlpool Corporation
15.9.1 Company details
15.9.2 Financial outlook
15.9.3 Product summary
15.9.4 Recent developments
15.20 Others
16 List of Abbreviations
17 Reference Links
18 Conclusion
19 Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
