DUBLIN – (BUSINESS WIRE) – Report “India’s Washing Machine Market Prospects, 2026” has been added ResearchAndMarkets.com offer.
The consumer durables industry offers high growth potential due to the low penetration of various categories in the Indian market. Consumer goods that do not wear out quickly are mainly divided into three categories, such as white goods, brown goods and consumer electronics.
It is projected that the washing machine market will be in high demand from both the residential and commercial segments, as consumers are showing a greater propensity for smart and connected products. Many firms are strengthening their position in the washing machine market as new players enter the market, and this category is witnessing a shift towards premium and high power products.
The Indian washing machine market is expected to grow by CAGR by more than 6-7% during 2021-2026.
According to the report, the market in India is mainly divided into two types of technology, one is a semi-automatic machine and the other is a fully automatic machine (top-loading and front-loading. The washing machine is currently equipped with built-in heaters and smart control technology. that the market for fully automatic washing machines will grow over the forecast period.The product premium movement appreciates front-loading washing machines.The top-loading washing machine leads in share as the price difference between them is significant.
LG, Samsung, IFB, Whirlpool, Haier and Godrej are the leading players in the Indian washing machine industry. The majority of the market value is the Northern region, while the East is considered to be the region with the lowest penetration in the washing machine market. Demographically, the demand for refrigerators from urban areas is greater than in rural areas, where the product is still considered an elite phenomenon. Domestic players have turned their attention to the countryside, as urban markets are clearly dominated by foreign firms such as LG and Samsung.
Digital technology and business, reducing the replacement chain, increasing spending habits and demand in emerging markets – all contribute to increased revenue. It is expected that the flow of smart technological and innovative washing machine, which includes technology for efficient use of electricity and water, will have a positive impact on demand for these goods. The introduction of a smart washing machine with Wi-Fi connection has led to a significant increase in demand.
This report can be useful for industry consultants, manufacturers and other stakeholders to agree on their market-oriented strategies. In addition to marketing and presentations, it will also enhance competitive knowledge of the industry.
Frequently Asked Questions
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What is the growth rate of the washing machine market in India?
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What segments are covered by the India washing machine report?
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Which region is expected to have the largest share of the washing machine market?
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Who are the major players in the washing machine market in India?
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Who is the No. 1 company of washing machines in India?
Main topics
1. Summary
2. Report methodology
3. Market structure
3.1. Market Attentive
3.2. Market definition
4. Prospects of the washing machine market of India
4.1. Market size
4.1.1. By value
4.1.2. By volume
4.2. Market share
4.2.1. By company
4.2.2. By regions
4.2.3. By type of technology
4.2.4. By power
4.2.5. By demographics
4.2.6. Through the sales channel
4.3. Semi-automatic Indian market forecast
4.3.1. Market size
4.3.1.1. By value
4.3.1.2. By volume
4.3.2. Market share by company
4.4. Market prospects of fully automatic washing machine in India
4.4.1. Market size
4.4.1.1. By value
4.4.1.2. By volume
4.4.2. Market share by company
4.4.3. Top-loading washing machine market
4.4.3.1. By value
4.4.3.2. By volume
4.4.4. Front-loading washing machines
4.4.4.1. By value
4.4.4.2. By volume
4.5. Product price and options analysis
4.5.1. Semi-automatic washing machine
4.5.2. Fully automatic washing machine with top loading
4.5.3. Fully automatic front-loading washing machine
5. Economic picture of India
6. Market penetration
7. Pest analysis
8. Politics and regulatory landscape
9. Dynamics of trade
9.1. Import scenario
9.2. Export scenario
10. Market dynamics
10.1. Key drivers
10.2. The main problems
11. Market trends and developments
12. Competitive landscape
12.1. Porter’s Five Forces
12.2. Company profiles
12.2.1. LG Electronics India Private Limited
12.2.2. Samsung India Electronics Private Limited
12.2.3. Indian Fine Blanks Limited
12.2.4. Whirlpool of India Limited
12.2.5. Godrej and Boyce Manufacturing Company Limited
12.2.6. BSH Home Appliances Private Limited
12.2.7. Haier Appliances India Private Limited
12.2.8. Panasonic Appliances India Company Limited
12.2.9. Havells India Limited
02/12/10 Johnson Controls-Hitachi Air Conditioning India Limited
12.2.11. Mirc Electronics Limited
13. Strategic recommendations
For more information on this report, visit https://www.researchandmarkets.com/r/xsd29y