Washing Machines - Europe

  • Europe
  • In Europe, the Washing Machines market is projected to generate a revenue of €11.48bn in 2024.
  • It is anticipated that the market will experience an annual growth rate of 3.57% (CAGR 2024-2029).
  • When comparing globally, in China leads the market with a revenue of €15,870m in 2024.
  • Considering the total number of households, each household is expected to generate €37.06 in revenue in 2024.
  • Looking ahead to 2029, the volume of the Washing Machines market is estimated to reach 26.7m pieces units.
  • Additionally, a growth rate of 1.2% is predicted for 2025.
  • In terms of average volume per household, the Washing Machines market is projected to amount to 0.08pieces units per household in 2024.
  • In Germany, the trend in the washing machine market is towards energy-efficient models with smart features for convenience and sustainability.

Key regions: India, Japan, Worldwide, Europe, Germany

 
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Comparaison de régions
 
Monnaie
 

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.

Vue d’ensemble

  • Revenue
  • Key Players
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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