North America Residential Washing Machine Market Size & Outlook
North America residential washing machine market highlights
- The North America residential washing machine market generated a revenue of USD 19,101.6 million in 2023.
- The market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, fully automatic was the largest revenue generating product in 2023.
- Fully Automatic is the most lucrative product segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 19,101.6 million |
| Market revenue in 2030 | USD 30,116.3 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Fully automatic |
| Fastest growing segment | Fully Automatic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fully Automatic |
Other key industry trends
- In terms of revenue, North America region accounted for 26.4% of the global residential washing machine market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 38,648.3 million by 2030.
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Residential Washing Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ifb Industries | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | http://www.ifbindustries.com |
| LG Electronics | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.lg.com |
| Panasonic Corporation | View profile | - | - | - |
| GE Appliances | View profile | 10001+ | Louisville, Kentucky, United States, North America | http://www.geappliances.com/ |
| Midea Group | View profile | 10001+ | Beijiao, Guangdong, China, Asia | https://midea-group.com |
| Whirlpool Corp | View profile | 59000 | 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 | https://www.whirlpoolcorp.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
North America residential washing machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to residential washing machine market will help companies and investors design strategic landscapes.
Fully automatic was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America residential washing machine market based on fully automatic covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of North America residential washing machine market databook
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Our clientele includes a mix of residential washing machine market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America residential washing machine market , including forecasts for subscribers. This continent databook contains high-level insights into North America residential washing machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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