Mini washing machine market is expected to grow exponentially at a significant CAGR of 3.5% during the forecast period. The primary factors contributing to the growth of the market include increasing demand for the portability and compact size mini washing machine. With the rise in the mobility of the people to live at a different place for work or study, the demand for small products including mini washing machines has also increased. As per the World Bank data of the urban population 2020, 56.1% of the world lives in the urban region. Urbanization has been constantly increasing for years. Thus, the further growth in the market is expected during the forecast period.
The global mini washing machine market is segmented based on load capacity, end-user, and distribution channel. Based on the load capacity, the market is classified as less than 3Kg, and 3Kg to 5Kg. Based on the end-user, the market is augmented as residential, and commercial. Based on the distribution channel, the market has been segmented as offline, and online. Among the end-user segment, the residential segment is expected to majorly dominate the overall mini washing machine market as mini washing machine is appropriate for single or nuclear family users as the quantity of clothes to be washed are lesser.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Load Capacity
- By End-User
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– including Fisher & Paykel Appliances Holdings Ltd., LG Electronics, Inc., Electrolux AG, General Electric Co., Guangdong Galanz Enterprises Co., Ltd., Haier Group Corp., among others.
Mini washing machine Market – Segmentation
By Load Capacity
- Less than 3Kg
- 3Kg to 5Kg
By End-User
- Residential
- Commercial
By Distribution Channel
- Offline
- Online
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Mini washing machine Market – Segmentation by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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