Market Forecast By Type (Freestanding, Built In), By Product (Washing Machine, Dryers, Electric Smoothing Irons & Others), By Technology (Automatic, Semi-Automatic & Others), By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online & Others) and competitive landscape
Product Code: ETC004098 | Publication Date: Sep 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Morocco Laundry Appliances Market thoroughly covers the market by type, product, technology, and distribution channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics
The market for laundry appliances in Morocco has experienced expansion due to many factors such as the escalating need for household appliances, expanding disposable income, and the swift urbanization of the nation. In addition, the need for contemporary laundry appliances has been fueled by the rise in the number of working women and shifting lifestyle choices.
According to 6Wresearch, Morocco Laundry Appliances Market size is expected to grow at a significant CAGR of 5.6% during 2024-2030. This projected growth can be attributed to the rising knowledge about energy-efficient as well as time-saving laundry solutions among consumers. The Moroccan market for laundry equipment is expanding due in large part to rising consumer demand for efficient and convenient home cleaning solutions. Laundry appliance use has increased as a result of a shift in consumer preferences toward time-saving measures brought about by an increase in the number of women entering the workforce. However, many Moroccan households may find it difficult to afford these expensive appliances, particularly in the country's rural areas where infrastructure and knowledge are lacking.
Samsung Electronics Co. Ltd., Whirlpool Corporation, LG Electronics Inc., Electrolux AB, and Mabe S.A. de C.V. are a few of the major companies in the laundry appliances industry in Morocco. To meet the nation's rising demand for laundry appliances, these businesses are continuously investing in R&D to create cutting-edge and novel models.
The government is actively encouraging the use of energy-efficient appliances through initiatives like rebates and tax incentives. These efforts have significantly raised consumer awareness about the benefits of energy-efficient laundry appliances. As a result, there has been a notable increase in the adoption of these environmentally friendly products across the country. By reducing the financial burden on consumers and highlighting the advantages of energy efficiency, these measures are driving greater market penetration and fostering a more sustainable approach to home appliance usage in Morocco.
The Moroccan market for laundry appliances appears to have a bright future because to the rising demand for eco-friendly and smart home solutions. It is anticipated that the adoption of cutting-edge technologies like artificial intelligence (AI) and the internet of things (IoT) in laundry appliances would further propel market expansion. In the upcoming years, this industry is also anticipated to develop due to the growing trend of online shopping and rising disposable income. In light of positive government initiatives and evolving consumer tastes, Morocco's laundry appliances market is anticipated to have consistent expansion in the coming years.
Freestanding laundry appliances are independent devices that don't need to be installed or take up extra room; they may be positioned anywhere in the house. These appliances are appropriate for all kinds of homes because they are available in a variety of sizes and styles.
Washing machines are among the product categories in this market that are expanding significantly. A growing number of households are choosing to purchase washing machines as a result of changing lifestyles and rising disposable money.
The market is growing at the fastest rate in the automatic segment. This is explained by all of its advantages over conventional washing machines.
Supermarkets and hypermarkets have also played a major role in driving growth within this segment. Customers are more inclined to buy their laundry appliances together with other products on their regular supermarket purchases since these big-box stores are becoming into one-stop shops for all household needs.
The Morocco Laundry Appliances Market report provides a detailed analysis of the following market segments
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Morocco Laundry Appliances Market Overview |
3.1. Morocco Laundry Appliances Market Revenues & Volume, 2020-2030F |
3.2. Morocco Laundry Appliances Market Revenue Share, By Regions, 2020 & 2030F |
4. Morocco Laundry Appliances Market Overview |
4.1. Morocco Country Indicators |
4.2. Morocco Laundry Appliances Market Revenues & Volume, 2020-2030F |
4.3. Morocco Laundry Appliances Market Industry Life Cycle |
4.4. Morocco Laundry Appliances Market Ecosystem and Value Chain Analysis |
4.5. Morocco Laundry Appliances Market Porter’s Five Forces Model |
4.6. Morocco Laundry Appliances Market Revenue Share, By Type, 2020 & 2030F |
4.7. Morocco Laundry Appliances Market Revenue Share, By Product, 2023 |
4.8. Morocco Laundry Appliances Market Revenue Share, By Distribution Channels, 2023 |
4.9. Morocco Laundry Appliances Market Revenue Share, By Technology, 2023 |
5. Morocco Laundry Appliances Market Dynamics |
5.1. Impact Analysis |
5.2. Market Drivers |
5.3. Market Restraints |
6. Morocco Laundry Appliances Market Trends |
7. Morocco Laundry Appliances Market Overview, By Type |
7.1. Morocco Freestanding Laundry Appliances Market Revenues & Volume, 2020-2030F |
7.2. Morocco Built In Laundry Appliances Market Revenues & Volume, 2020-2030F |
8. Morocco Laundry Appliances Market Overview, By Product |
8.1. Morocco Laundry Appliances Market Revenues, By Washing Machine, 2023 |
8.2. Morocco Laundry Appliances Market Revenue Share, By Dryers, 2023 |
8.3. Morocco Laundry Appliances Market Revenue Share, By Electric Smoothing Irons, 2023 |
8.4. Morocco Laundry Appliances Market Revenue Share, By Others, 2023 |
9. Morocco Laundry Appliances Market Overview, By Distribution Channels |
9.1. Morocco Laundry Appliances Market Revenues, By Hypermarkets and Supermarkets, 2023 |
9.2. Morocco Laundry Appliances Market Revenue Share, By Specialty Stores, 2023 |
9.3. Morocco Laundry Appliances Market Revenue Share, By Online, 2023 |
9.4. Morocco Laundry Appliances Market Revenue Share, By Others, 2023 |
10. Morocco Laundry Appliances Market Overview, By Technology |
10.1. Morocco Laundry Appliances Market Revenues, By Automatic, 2023 |
10.2. Morocco Laundry Appliances Market Revenue Share, By Semi Automatic, 2023 |
10.3. Morocco Laundry Appliances Market Revenue Share, By Others, 2023 |
11. Morocco Laundry Appliances Market Regulations |
12. Morocco Laundry Appliances Market Opportunity Assessment |
12.1. Morocco Laundry Appliances Market Opportunity Matrix, By Type, 2030F |
12.2. Morocco Laundry Appliances Market Opportunity Matrix, By Product, 2030F |
12.3. Morocco Laundry Appliances Market Opportunity Matrix, By Distribution Channels, 2030F |
12.4. Morocco Laundry Appliances Market Opportunity Matrix, By Technology, 2030F |
13. Morocco Laundry Appliances Market, Competitive Landscape |
13.1. Morocco Laundry Appliances Market Competitive Benchmarking, By Operating and Technical Parameters |
13.2. Morocco Laundry Appliances Market Revenue Share, By Company, 2023 |
14. Company Profiles |
15. Strategic Recommendations |
16. Disclaimer |