About Mini Washing Machine
Mini Washing Machine is the one which is small in size and can be carried anywhere easily. There are many different styles of portable washers, but a good product is compact, easy to use, and energy-efficient. Since the mini washing machine are much smaller than regular washing machines, they also use much less water, within a single washing cycle, and they also use less electricity
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.9% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Mini Washing Machine market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sanyo (Japan), Siemens (Germany), Panasonic (Japan), LG (South Korea), Whirlpool (United States), Bosch (Germany), GE (United States), Toshiba (Japan), Electrolux (Sweden) and Indesit (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Qingdao Smad Electric, Haier, Midea, Galanz, Hisense and LittleSwan.
Segmentation Overview
AMA Research has segmented the market of Global Mini Washing Machine market by Type (Fully Automatic Mini Washing Machine and Non-Automatic Mini Washing Machine), Application (Commercial and Household) and Region.
On the basis of geography, the market of Mini Washing Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Capacity, the sub-segment i.e. 3 Kg will boost the Mini Washing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Mini Washing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Outbreak of COVID-19 is Expected to Boost the Demand of the Market and Growing Consumption of Mini Washing Machines In Emerging Countries
Market Growth Drivers:
Rising Hygiene Concern, Increasing Affinity among Individuals to Shift to Urban areas for an Elevated Lifestyle and High Current Demand from Consumer to Ensure Clean Clothes
Challenges:
Lack of Awareness Hindering the Market
Restraints:
Stringent Regulation from the Government across the Globe
Opportunities:
Growing Manufacturing Activity and Modernization in Healthcare Practices and Rising Research & Development
Market Leaders and their expansionary development strategies
In March 2024, Tide announced its partnership with Electrolux, GE Appliances and Samsung to help drive eco-behavior change in the laundry room at the most impactful moment – the washing machine. This partnership enabled these manufacturers’ machines to become Tide Cold Certified, which means they have a feature on them that Tide scientists have tested to deliver a better clean in cold with Tide. Washing with cold water reduces energy use, saves people money and extends the life of clothing, but despite this, 43% of laundry loads in North America are still being washed in hot or warm water.
In May 2023, Samsung launched its semi-automatic washing machines that come with new features such as Soft Closing Toughened Glass Lid and Dual Magic Filter. These added features make this latest range an ideal purchase for a seamless laundry experience. The new line-up of Samsung’s semi-automatic washing machines is also equipped with a Dual Magic Filter that is aimed at addressing the challenge of drainage clogging up.
Key Target Audience
Manufacturers of Mini Washing Machines, Suppliers of Mini Washing Machines, End-Users, Potential Investors, Market Research Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.