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Global Washing Machine Market Report and Forecast 2025-2034
The global washing machine market reached a value of USD 64.84 billion in 2024. The market is projected to grow at a CAGR of 7.1% in the forecast period of 2025-2034 to reach over USD 120.26 billion by 2034. As per the analysis by Expert Market Research, the market is expected to be driven by rising technological advancements and to save laundry time.
Innovation in smart home technologies is boosting the demand for washing machines. The adoption of voice control technologies, such as Alexa and Google Assistant is enabling consumers to control washing machine manufacturers remotely. Smart technology enables consumers to save time and effort thereby positively influencing the demand for washing machines. The rising affordability of washing machine companies combined with changing consumer lifestyles and urbanisation are boosting the growth of top 10 washing machine brands in world, thus propelling the washing machine market growth.
Manufacturers are producing sophisticated washing machines which provide consumers with various benefits of energy-saving, low detergent use, low maintenance, lower use of water and should be capable of efficiently washing different types of clothes. Another prominent trend in the top 10 washing machines is the demand for low-noise and automatic washing machines. These machines allow consumers to run laundry at any convenient time and achieve completely dried clothes at the end of the washing cycle. Further, top washing machine brands integrated with dryer is convenient for consumers for whom outdoor drying of clothes is inconvenient, especially during the rainy season and high weather.
When buying a washing machine, it’s important to identify washing machine brands to avoid due to poor durability, frequent breakdowns, or weak customer support. Budget-focused or lesser-known brands often face criticism for inefficiency and short lifespans.
The market is characterised by a range of developments:
Jan 2024, LG launched an all-in-one washer-dryer combo machine at the Consumer Electronics Show (CES) 2024. The machine, WashCombo All-in-One WM6998HBA., is designed with a 5-cubic-foot drum allowing consumers to wash a large load of laundry.
Aug 2023, India-based Thomson launched a new range of semi-automatic top-load washing machines. The lineup includes six new models with a load capacity of 7 kg, 7.5 Kg, 8 kg, and 8.5kg. the machines feature twin water inlet, automatic imbalance correction, 10 water levels selectors, and automatic power supply cut-off, among other features.
Jul 2022, Samsung launched a range of washers and dryers, including gas washer dryer sets, and electric washer and dryer sets as part of Samsung's Bespoke laundry line. These washers and dryers are designed with a smart dial for easy cycle selection, Super Speed wash and dry settings for quick loads, and an auto-dispenser for adding laundry detergent.
In March 2024, Amber Group and Resojet Pvt Ltd, a subsidiary of Radiant Group, established a 50% joint venture to manufacture fully automatic front-load and top-load washing machines. This strategic move aims to enhance domestic production capabilities and meet the increasing demand for home appliances in India.
In March 2024, Electrolux launched a new high-performance, energy-efficient laundry pair designed to enhance fabric care while reducing energy and water consumption. Featuring advanced AI-driven washing and drying technologies, the new models align with Electrolux’s sustainability goals and commitment to innovation in home appliances.
In February 2024, Samsung launched 10 new large-capacity Bespoke AI washing machines in India, featuring advanced AI-powered wash technologies and eco-friendly functionalities. These models offer enhanced fabric care, energy efficiency, and smart connectivity. Samsung aims to cater to growing consumer demand for premium home appliances with AI-driven automation and personalized washing experiences.
In February 2024, Whirlpool partnered with PG Electroplast to manufacture semi-automatic washing machines in India. This collaboration aims to boost domestic production, enhance supply chain efficiency, and meet rising consumer demand. The partnership strengthens Whirlpool’s position in the Indian home appliances market while leveraging PG Electroplast’s manufacturing expertise.
Headquarters: | Seoul, South Korea |
Establishment: | 1958 |
Website: | https://www.lg.com/global/ |
LG Electronics Inc., headquartered in Seoul, South Korea, is a global leader in consumer electronics, home appliances, and mobile communications. The company has become a major player in sectors such as digital displays, home entertainment, home appliances, air conditioning systems, and more. Known for its innovative products, LG Electronics has pioneered the development of cutting-edge technologies like OLED TV and smart appliances. The company has a strong commitment to sustainability, aiming to reduce its environmental footprint through energy-efficient products and green technologies. LG's business operations span across more than 100 countries, and it continues to set new standards in technological advancements. With a focus on improving the quality of life for consumers, LG's innovative solutions cater to both personal and commercial needs, solidifying its position as a trusted brand globally.
Headquarters: | Suwon-si, South Korea |
Establishment: | 1969 |
Website: | https://www.samsung.com/ |
Samsung Electronics Co., Ltd., is one of the world’s largest and most well-known electronics companies. It has evolved into a global powerhouse in a wide range of sectors, including mobile phones, consumer electronics, home appliances, and semiconductor solutions. Samsung is a leader in the development of groundbreaking technologies such as 5G, foldable smartphones, and AI-powered home appliances. The company is also renowned for its high-quality TVs, monitors, and kitchen appliances. With a strong focus on research and development, Samsung aims to provide innovative products that enhance consumer experiences and drive digital transformation. Through its commitment to sustainability and cutting-edge design, Samsung remains at the forefront of the tech industry, offering products that meet the needs of a global audience.
Headquarters: | Munich, Germany |
Establishment: | 1967 |
Website: | https://www.bsh-group.com/ |
BSH Home Appliances Ltd, a subsidiary of the Bosch Group, is a leading manufacturer of home appliances with its headquarters in Munich, Germany. BSH offers a broad range of products including kitchen appliances, washing machines, dryers, dishwashers, refrigerators, and more. Known for its high-quality engineering, the company is committed to delivering innovative solutions that make daily life easier for consumers. BSH’s brands, such as Bosch, Siemens, and Gaggenau, are highly respected for their performance, efficiency, and durability. With a strong presence across Europe, North America, and Asia, BSH places a significant emphasis on energy-efficient technologies and sustainability. The company continues to innovate by integrating smart technologies into its products, creating intelligent, connected solutions for modern households worldwide.
Headquarters: | Kolkata, India |
Establishment: | 1974 |
Website: | https://www.ifbappliances.com/ |
IFB Appliances, an Indian company headquartered in Kolkata, is a leading name in the home appliance industry. The company has built a strong reputation for its innovative and high-performance products in the categories of kitchen appliances, laundry appliances, and home cleaning solutions. Known for its range of washing machines, dishwashers, cooking ranges, and microwaves, IFB Appliances is renowned for its focus on quality, precision engineering, and technological advancements. The company’s commitment to customer satisfaction and after-sales service has made it a trusted choice in Indian households. IFB Appliances is also known for integrating cutting-edge features such as smart technology and eco-friendly solutions in its products, catering to the growing demand for sustainable and energy-efficient appliances.
Headquarters: | Mumbai, India |
Establishment: | 1954 |
Website: | https://www.voltas.com/ |
Voltas Limited, headquartered in Mumbai, India, is a leading manufacturer of air conditioning and cooling products. Voltas is part of the renowned Tata Group and has grown into one of India's most trusted brands in the air conditioning industry. The company’s diverse product portfolio includes air conditioners, refrigerators, water coolers, and commercial refrigeration solutions. Voltas is known for its energy-efficient, high-performance products designed to cater to the needs of both residential and commercial markets. The company has also ventured into water treatment solutions and industrial cooling. Voltas is committed to innovation, providing smart, eco-friendly solutions that meet the evolving demands of consumers. With its extensive service network and customer-centric approach, Voltas continues to be a leader in the Indian market and a strong competitor globally.
Headquarters: | Osaka, Japan |
Establishment: | 1918 |
Website: | https://holdings.panasonic/global/ |
Panasonic Corporation is a global leader in electronics and home appliances. The company offers a wide range of products across multiple industries, including consumer electronics, automotive solutions, batteries, and home appliances. Known for its high-quality products, Panasonic’s portfolio includes televisions, refrigerators, air conditioners, washing machines, and more. The company places a strong emphasis on innovation and sustainability, focusing on energy-efficient solutions and eco-friendly technologies. Panasonic’s commitment to improving lives through technology is evident in its development of smart home appliances, advanced electronics, and renewable energy solutions. With a presence in over 80 countries, Panasonic continues to drive global growth and maintain its position as a leading brand in the consumer electronics and home appliance markets.
Headquarters: | Tokyo, Japan |
Establishment: | 1875 |
Website: | https://www.toshiba-lifestyle.com/ |
Toshiba Lifestyle Products and Services Corporation, a subsidiary of Toshiba Corporation focuses on the design and manufacturing of consumer electronics and home appliances. Toshiba’s product range includes refrigerators, washing machines, air purifiers, vacuum cleaners, and microwave ovens, all known for their high quality and advanced features. The company aims to deliver innovative, user-friendly appliances that make everyday living easier and more efficient. Toshiba is also committed to sustainable practices, incorporating energy-saving and environmentally friendly technologies in its products. With a reputation for reliability and durability, Toshiba continues to expand its market presence in both domestic and international markets, ensuring a strong foothold in the consumer appliance industry.
Headquarters: | Michigan, United States |
Establishment: | 1911 |
Website: | https://www.whirlpoolcorp.com/ |
Whirlpool Corporation is one of the world’s largest manufacturers of home appliances, known for its diverse product range, including refrigerators, washing machines, dryers, dishwashers, ovens, and other household appliances. The company’s products are sold under multiple brand names, such as Whirlpool, KitchenAid, Maytag, and Amana, and are recognized for their quality, performance, and innovative features. Whirlpool places a strong emphasis on sustainability, developing energy-efficient products and reducing its environmental footprint. As a global leader in the home appliance market, Whirlpool operates in over 170 countries and continues to innovate with smart appliances, offering solutions that enhance the comfort and convenience of modern living.
Headquarters: | Stockholm, Sweden |
Establishment: | 1919 |
Website: | https://www.electroluxgroup.com/ |
Electrolux is a global leader in home appliances and professional equipment and has built a reputation for producing high-quality, energy-efficient products that cater to the needs of consumers worldwide. The company’s extensive product portfolio includes kitchen appliances, laundry machines, and air conditioners, with a focus on innovation, design, and sustainability. Electrolux brands such as AEG and Zanussi are known for their advanced features and user-friendly designs. The company is committed to delivering environmentally friendly solutions, such as energy-efficient appliances and products made with sustainable materials. With a strong presence in both consumer and professional markets, Electrolux continues to lead the industry by providing smart, connected solutions that improve the daily lives of its customers.
Headquarters: | Kentucky, United States |
Establishment: | 1907 |
Website: | https://www.geappliances.com/ |
GE Appliances is a leading manufacturer of household appliances including refrigerators, ovens, dishwashers, washing machines, and air conditioners. As part of the Haier Group, GE Appliances is committed to providing innovative, energy-efficient solutions for consumers. Known for its user-friendly designs and smart appliances, the company integrates advanced technologies to enhance home convenience and energy efficiency. GE Appliances is also dedicated to sustainability, focusing on reducing the environmental impact of its products and operations. With a strong commitment to customer service and quality, GE Appliances remains one of the most trusted brands in the home appliance industry.
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+61 291 889 415Australia
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+61-448-061-727
India
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+91-723-689-1189
Philippines
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+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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