DUBLIN , Oct. 21, 2022 /PRNewswire/ -- The "Residential Washing Machine Market By Product Type, By Machine Capacity, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020-2031" report has been added to  ResearchAndMarkets.com's offering.

The global residential washing machine market was valued at $37.4 billion in 2020, and is projected to reach at $73.0 billion by 2031, growing at a CAGR of 8.3% from 2022 to 2031. Diode Laser

Residential washing machine is a household appliance used to wash laundry. The components of a washing machine include a motor connected to the barrel through a transmission belt that contains the agitator. The spinning of the agitator creates centrifugal force, which helps in the removal of water from the laundry along with dirt.

A washing machine is an essential household appliance, as it provides an easy and convenient laundering option. Increase in government initiatives toward rural household development in many developing countries in Asia-Pacific is expected to increase the demand for residential washing machines.

The major factors that drive the global residential washing machine industry include increase in number of working women, thereby contributing to higher disposable income coupled with insufficient time for laundry, and rapid urbanization. In addition, decrease in selling price of the residential washing machine is expected to fuel its demand.

However, laundry shops that provide better laundry service compared to washing machine and increase in online laundry services limit the market growth. Technological progress in washing machine technology and innovation has led to better washing machine that saves energy and water consumption, thereby presenting a major opportunity for growth of the global residential washing machine market size.

However, laundry and dry-cleaning services are preferred to eliminate labor-intensive hand washing. Thus, washing machines of high capacity are developed to cater to the growing demands for laundry. Moreover, steam pressing is one of the latest trends in washing machines to make the clothes wrinkle free.

Furthermore, the demand of mechanical laundry and dry cleaning is increasing in tune with population growth in towns and cities. In addition, insufficient time for household activities such as washing, owing to increase in female working population has fueled the demand for laundry services. Thus, availability of laundry shops hampers the growth of the washing machine market.

The global residential washing machine market is segmented on the basis of product, machine capacity, distribution channel and region. Based on product, the market is divided into fully automatic, semi-automatic, and dryer. The machine capacity segment includes below 6 kg, between 6 and 8 kg, and 8 kg & above. On the basis of distribution channel, the market is classified into supermarket/hypermarket, specialty stores, department stores, e-commerce and others. Based on region, the market is analyzed across North America , Europe , Asia-Pacific , and LAMEA.

Major players analyzed in this report are Samsung Group (South Korea ), LG Electronics Inc. (South Korea ), Siemens AG (Germany ), Haier Group Corporation (China ), AB Electrolux (Sweden ), Whirlpool Corporation (U.S.), Robert Bosch GmbH (Germany ), Miele and Cie. KG (Germany ), Panasonic Corporation (Japan ), and GE Appliances (U.S.).

The study provides an in-depth analysis of the residential washing machine market, with current trends and future estimations to elucidate the investment pockets.

Comprehensive analysis of factors that drive and restrict the market growth is provided.

The report provides a quantitative analysis to help the stakeholders to capitalize on prevailing market opportunities.

Extensive analysis of different segments facilitates to understand various products of the market.

Key players are profiled and their strategies are analyzed thoroughly to predict the competitive outlook of the market.

CHAPTER 1: INTRODUCTION CHAPTER 2: EXECUTIVE SUMMARY CHAPTER 3: MARKET OVERVIEW 3.1. Market definition and scope 3.2. Key findings 3.2.1. Top investment pockets 3.3. Porter's five forces analysis 3.4. Top player positioning 3.5. Market dynamics 3.5.1. Drivers 3.5.2. Restraints 3.5.3. Opportunities 3.6. COVID-19 Impact Analysis on the market CHAPTER 4: RESIDENTIAL WASHING MACHINE MARKET, BY PRODUCT TYPE 4.1 Overview 4.1.1 Market size and forecast 4.2 Fully Automatic 4.2.1 Key market trends, growth factors and opportunities 4.2.2 Market size and forecast, by region 4.2.3 Market analysis by country 4.3 Semiautomatic 4.3.1 Key market trends, growth factors and opportunities 4.3.2 Market size and forecast, by region 4.3.3 Market analysis by country 4.4 Dryer 4.4.1 Key market trends, growth factors and opportunities 4.4.2 Market size and forecast, by region 4.4.3 Market analysis by country CHAPTER 5: RESIDENTIAL WASHING MACHINE MARKET, BY MACHINE CAPACITY 5.1 Overview 5.1.1 Market size and forecast 5.2 Below 6 Kg 5.2.1 Key market trends, growth factors and opportunities 5.2.2 Market size and forecast, by region 5.2.3 Market analysis by country 5.3 Between 6-8 Kg 5.3.1 Key market trends, growth factors and opportunities 5.3.2 Market size and forecast, by region 5.3.3 Market analysis by country 5.4 8 Kg And Above 5.4.1 Key market trends, growth factors and opportunities 5.4.2 Market size and forecast, by region 5.4.3 Market analysis by country CHAPTER 6: RESIDENTIAL WASHING MACHINE MARKET, BY DISTRIBUTION CHANNEL 6.1 Overview 6.1.1 Market size and forecast 6.2 Supermarket And Hypermarket 6.2.1 Key market trends, growth factors and opportunities 6.2.2 Market size and forecast, by region 6.2.3 Market analysis by country 6.3 Specialty Store 6.3.1 Key market trends, growth factors and opportunities 6.3.2 Market size and forecast, by region 6.3.3 Market analysis by country 6.4 Department Store 6.4.1 Key market trends, growth factors and opportunities 6.4.2 Market size and forecast, by region 6.4.3 Market analysis by country 6.5 E-Commerce 6.5.1 Key market trends, growth factors and opportunities 6.5.2 Market size and forecast, by region 6.5.3 Market analysis by country 6.6 Others 6.6.1 Key market trends, growth factors and opportunities 6.6.2 Market size and forecast, by region 6.6.3 Market analysis by country CHAPTER 7: RESIDENTIAL WASHING MACHINE MARKET, BY REGION CHAPTER 8: COMPANY LANDSCAPE 8.1. Introduction 8.2. Top winning strategies 8.3. Product Mapping of Top 10 Player 8.4. Competitive Dashboard 8.5. Competitive Heatmap 8.6. Key developments CHAPTER 9: COMPANY PROFILES 9.1 HAIER GROUP CORPORATION 9.1.1 Company overview 9.1.2 Company snapshot 9.1.3 Operating business segments 9.1.4 Product portfolio 9.1.5 Business performance 9.1.6 Key strategic moves and developments 9.2 LG ELECTRONICS INC 9.2.1 Company overview 9.2.2 Company snapshot 9.2.3 Operating business segments 9.2.4 Product portfolio 9.2.5 Business performance 9.2.6 Key strategic moves and developments 9.3 SIEMENS AG 9.3.1 Company overview 9.3.2 Company snapshot 9.3.3 Operating business segments 9.3.4 Product portfolio 9.3.5 Business performance 9.3.6 Key strategic moves and developments 9.4 WHIRLPOOL CORPORATION 9.4.1 Company overview 9.4.2 Company snapshot 9.4.3 Operating business segments 9.4.4 Product portfolio 9.4.5 Business performance 9.4.6 Key strategic moves and developments 9.5 ROBERT BOSCH GMBH 9.5.1 Company overview 9.5.2 Company snapshot 9.5.3 Operating business segments 9.5.4 Product portfolio 9.5.5 Business performance 9.5.6 Key strategic moves and developments 9.6 SAMSUNG GROUP 9.6.1 Company overview 9.6.2 Company snapshot 9.6.3 Operating business segments 9.6.4 Product portfolio 9.6.5 Business performance 9.6.6 Key strategic moves and developments 9.7 AB ELECTROLUX 9.7.1 Company overview 9.7.2 Company snapshot 9.7.3 Operating business segments 9.7.4 Product portfolio 9.7.5 Business performance 9.7.6 Key strategic moves and developments 9.8 MIELE AND CIE. KG 9.8.1 Company overview 9.8.2 Company snapshot 9.8.3 Operating business segments 9.8.4 Product portfolio 9.8.5 Business performance 9.8.6 Key strategic moves and developments 9.9 PANASONIC CORPORATION 9.9.1 Company overview 9.9.2 Company snapshot 9.9.3 Operating business segments 9.9.4 Product portfolio 9.9.5 Business performance 9.9.6 Key strategic moves and developments 9.10 TOSHIBA CORPORATION 9.10.1 Company overview 9.10.2 Company snapshot 9.10.3 Operating business segments 9.10.4 Product portfolio 9.10.5 Business performance 9.10.6 Key strategic moves and developments

For more information about this report visit https://www.researchandmarkets.com/r/cmoos3

Media Contact: Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com   For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900   U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/global-residential-washing-machine-market-report-to-2031---featuring-lg-electronics-siemens-whirlpool-and-robert-bosch-among-others-301655915.html

Actually, The Wall Street Journal's Nick Timiraos did: The Fed may be trying to figure out whether to slow the pace of rate increases.

Few high-profile money managers have a nose for making money quite like Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. In the 57 years since taking the reins, the Oracle of Omaha, as he's come to be known, has led his company's Class A shares (BRK.A) to a jaw-dropping average annual return of 20.1%. The Oracle of Omaha believes diversification is "protection against ignorance."

Pros warn there are “just as many who have lost” trying to game the strategy. Here's what you may want to do instead.

401(k) contribution limits for 2023 follow a big bump to tax brackets and the size of the standard deduction

Shares in copper miner Freeport-McMoRan (NYSE: FCX) were up by more than 8% by early afternoon today. The results themselves brought few surprises; after all, investors can see where the price of copper is in the market and therefore ascertain the trend in Freeport's revenue. During the earnings call, CEO Richard Adkerson talked of the physical copper market being "strikingly tight globally right now" and customers "fighting" to get hold of products.

The arrival of the seventh annual UBS global real estate bubble report rings different, coming at the start of a period of retreat rather than during a wave of excess.

The danger is that illiquidity and volatility in stocks and bonds will feed off each other, made worse by foreign central banks forced to sell Treasuries to defend their currencies against a rising dollar.

We’re facing a storm of volatility, as a series of short rallies have added a layer of confusion on top of the year’s bearish trends. The combination of headwinds – high inflation and rising interest rates, a probable recession around the corner – are threatening a stagflation that hasn’t been seen since the 1970s. Writing on current conditions from Morgan Stanley, chief US equity strategist Mike Wilson lays out reasons for investor patience, in his forecast of where the main indexes are likely

Millions of Americans can save more in retirement accounts next year, after inflation adjustments made by the Internal Revenue Service.

Verizon Communications Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $VZ performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.

Wood's Ark Innovation ETF has plunged 64% so far this year, and is down 78% from its February 2021 peak.

Yahoo Finance's Akiko Fujita breaks down the move lower in Verizon stock after the company reported third-quarter earnings.

NEW YORK (Reuters) -The banks providing $13 billion in financing for Tesla CEO Elon Musk's acquisition of Twitter Inc have abandoned plans to sell the debt to investors because of uncertainty around the social media company's fortunes and losses, people familiar with the matter said. The banks are not planning to syndicate the debt as is typical with such acquisitions, and are instead planning to keep it on their balance sheets until there is more investor appetite, the sources said. The banks, which include Morgan Stanley, Bank of America, and Barclays Plc, declined to comment.

A potential recession looms, and investors are worried. Here are two big yields worth buying anyway and one to avoid.

Yahoo Finance's Jared Blikre joins the Live show to break down the market and sector gains seen at the end of this trading week, in addition to looking at meme stocks, Nasdaq leaders, the travel industry, and banking sector.

Oppenheimer Sr. Research Analyst Jason Helfstein joins Yahoo Finance Live to discuss how investors are digesting Snap earnings and what it means for other tech stocks like Meta.

In its Q3 earnings conference call, American Airlines Group Inc (NASDAQ: AAL) Chief Commercial Officer Vasu Raja provided some detail about replacing its first-class international flight seats with new business-class suites, announced last month. “And frankly, by removing [first-class seats], we can provide more business-class seats, which is what our customers most want or are most willing to pay for.” International flights from Delta Air Lines Inc (NYSE: DAL) and United Airlines Holdings Inc (

The share prices of a handful of automakers were rising today after a new Wall Street Journal report today indicated that some Federal Reserve officials may be wary of continued aggressive interest rate hikes. Investors across all sectors are keeping a close eye on what the Fed will do at its next meetings, which will be in November and December, and are hoping that the pace and size of rate increases will slow down. Additionally, Rivian's (NASDAQ: RIVN) stock is likely gaining today because the company said that it has completed repairs on most of its recently recalled vehicles.

EVgo Inc., operator of a national fast-charging network for electric vehicles, has hired veteran technology executive Tanvi Chaturvedi as chief revenue officer. The Los Angeles-based company (Nasdaq: EVGO) said Chaturvedi will focus on the customer experience and services to grow its charging network across the country. Chaturvedi will manage EVgo’s go-to-market functions, including all consumer revenue growth initiatives, marketing, advertising, and expansion and use of its PlugShare app.

Home Cryotherapy Machine Shares of Sam Adams brewer The Boston Beer Company (NYSE: SAM) popped their top on Friday, surging 17.6% through 1 p.m. ET after beating earnings last night. Expected by Wall Street analysts to earn a pro forma profit of $3.07 per share on sales of $567.8 million, Boston Beer instead ended up earning $2.21 per share when calculated according to generally accepted accounting principles (GAAP). Plus $1.61 per share in non-cash impairment charges, that equals $3.82 per share, pro forma, with sales coming in at $596.5 million.