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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Colombia Washing Machine Market Outlook

The Colombia washing machine market size is estimated to expand at a CAGR of 2.20% between 2024 and 2032.

Key Takeaways

  • In 2021, Colombia imported washing machines; parts for household or laundry-type remained $13,879.04 thousand and weighed 1,014,120 kilograms.
  • Smart washing machines are gaining popularity as they integrate artificial intelligence and IoT, enhancing user convenience with optimised wash cycles and energy consumption based on load size and fabric type.
  • Manufacturers are prioritising the production of energy-efficient and sustainable models, such as front-load machines, which use less water and energy compared to top-load options.

The Colombia washing machine market growth is driven by the increased consumer spending on household appliances, rapid urbanisation, and a growing demand for energy-efficient home appliances. A notable trend in the market is the rising popularity of smart home appliances. Further, the market benefits from the escalating need for washing machines in commercial establishments like hotels and resorts to provide guests with improved convenience and services.

As per the Colombia washing machine market analysis, the rise in demand for intelligent appliances in both residential and commercial sectors is a key trend in the market. The increase in interest in connected devices and the growing consumer expenditure on high-end and energy-efficient household products are driving the need for smart home appliances in the country. Leading companies are leveraging cutting-edge technologies like innovative drum technology, Internet of Things (IoT), and EcoBubble technology to elevate the washing process. Smart washing machines not only save significant time compared to manual washing but can also be controlled through virtual assistants such as Google Assistant and Amazon Alexa.

Moreover, offline channels, which include supermarkets, hypermarkets, and speciality stores, dominate the market. In these physical stores, customers can promptly receive assistance regarding household appliances and receive expert advice from sales personnel to help them choose the most suitable product. In March 2023, Ikea inaugurated a new outlet in the Mallplaza NQS shopping complex in Colombia, offering a range of home appliances, furniture, and home goods.

Colombia Washing Machine Market

Market Segmentation

Colombia Washing Machine Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Front Load
  • Top Load

Market Breakup by Technology

  • Fully Automatic
  • Semi-Automatic

Market Breakup by Capacity

  • Below 6 Kg
  • 6.1 to 8 Kg
  • Above 8 Kg

Market Breakup by Distribution Channel

  • Online
  • Offline

Competitive Landscape

Market participants are focusing on the production of washing machines integrated with smart technologies and advanced features to improve efficiency and convenience of users.

  • Whirlpool Corporation
  • Samsung Electronics Co. Ltd. 
  • LG Corp. 
  • Electrolux AB 
  • Robert Bosch GmbH 
  • Midea Group Co. Ltd. 
  • Mabe, S.A. de C.V. 
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Technology
  • Capacity
  • Distribution Channel
Breakup by Type
  • Front Load
  • Top Load
Breakup by Technology
  • Fully Automatic
  • Semi-Automatic
Breakup by Capacity
  • Below 6 Kg
  • 6.1 to 8 Kg
  • Above 8 Kg
Breakup by Distribution Channel
  • Online
  • Offline
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Whirlpool Corporation
  • Samsung Electronics Co. Ltd. 
  • LG Corp. 
  • Electrolux AB 
  • Robert Bosch GmbH 
  • Midea Group Co. Ltd. 
  • Mabe, S.A. de C.V. 
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 2.20% between 2024 and 2032.

The market is driven by the rising purchasing power of consumers and the growth of online channels.

The key trends aiding the market expansion include the increasing popularity of smart washing machines and the rising adoption of energy-efficient home appliances.

The major types of washing machines are front load and top load.

The major distribution channels in the market are online and offline.

The major players in the market are Whirlpool Corporation, Samsung Electronics Co. Ltd., LG Corp., Electrolux AB, Robert Bosch GmbH, Midea Group Co. Ltd., and Mabe, S.A. de C.V., among others.

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+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124