North America Household Laundry Equipment Market (2020-2026) | Outlook, Revenue, Size, Analysis, COVID-19 IMPACT, Forecast, Share, Value, Trends, Companies, Growth & Industry

North America Household Laundry Equipment Market is expected to register significant growth in the coming years on the back of changing consumer practices towards procurement of a personal laundry equipment along with an increase in the standard of living of the population in the developed countries of the region is anticipated to trigger sound demand projections for Household Laundry Equipment in the coming timeframe. An increase in the technical advancements available for electric equipment is empowering many producers across the country to bring in new innovations and designs to make their position apart from their competitors in the Household Laundry Equipment especially in the dryers and washing machines and is expected to proliferate sound market growth of the product in the upcoming six years.

According to 6wresearch, North America Household Laundry Equipment Market size is expected to grow during 2020-2026. There is no doubt that the spread of the novel pandemic COVID-19 has affected the lives of all the natives across the globe, it has also impacted a whole lot of markets and affected them with a much economic slowdown. The laundry equipment market has also witnessed disturbances in the supply chain and sales of Household Laundry Equipment backed by the discontinuation of the production. However, this disruption has only been witnessed for the commercial Household Laundry Equipment. As for the household Laundry Equipment segment, the market has witnessed growth on the back of complete nationwide lockdown and the population being staying in their home have increased the demand for Household Laundry Equipment as a home equipment and with the same, the market for the product has witnessed a spur and with the course of time, the product market is expected to register sound growth in the coming time zone as well.

On the basis of country, United States Household Laundry Equipment market is expected to register sound growth in the upcoming six years on the back of rising discretionary spending of the households towards the procurement of premium as well as cost affordable basic amenities. Also, an increase in the number of working women is expected to be the potential driver of the United States Household Laundry Equipment market and is also expected to benefit the growth of the overall regional product market in the foreseeable future.

Further, on the basis of distribution channels, hypermarkets and retail chains are expected to gain the highest market revenue share in the coming years owing to rising growth of the ease of shopping of the product. Consumers tend to buy the product by due verification of brand and physical availability and this is expected to be a growth proliferator for the product market in the coming time zone. However, with the course of time, E-commerce is also anticipated to gain significant market share due to easy product availability and comfortable shopping options provided by the E-commerce platform and the discounts and rebates provided over the web.

The key players of the product market are Beco, Bosch, Panasonic Corporation, Sharp Corporation, Videocon Industries ltd., Whirlpool, Godrej & Boyce Mfg Co Ltd., Haier, IFB Industries ltd. and Electrolux AB.

The North America Household Laundry Equipment Market report thoroughly covers the Market by types, product, technology, distribution channel and key countries including United States and Canada. The market outlook report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, market drivers, and market share by companies, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

Key Highlights

• North America Household Laundry Equipment Market Overview
• North America Household Laundry Equipment Market Outlook
• North America Household Laundry Equipment Market Forecast
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of North America Household Laundry Equipment Market Revenues
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026, by Type
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026, by Product
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026, by Technology
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026, by Distribution Channel
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026, by Countries
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of United States Household Laundry Equipment Market
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of Canada Household Laundry Equipment Market
• Market Drivers and Restraints
• Price Trends
• North America Household Laundry Equipment Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• North America Household Laundry Equipment Market Share, By Players
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

• 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
• By Countries:
• United States
• Canada