The global washing machine market continues its substantial growth through 2018, mainly driven by the rapid urbanization, the rising household disposable income and changing consumer preferences towards household electrical appliances. Meanwhile, the technology advancements that make washing machines more energy efficient and eco-friendly are also facilitating the sales of washing machines in the worldwide. Poland — known as the white goods manufacturing hub in Europe — is also one of the top washing machine manufacturers and washing machine suppliers in the global market. As the global demand for washing machines continue to grow, the washing machine market in Poland is expected to flourish in the near future. Now it’s a crucial time to connect with the top washing machine manufacturers in Poland and take the advantage of business deals in this booming market.
Global Washing Machine Market Size and Industry Overview
Washing machines are one of the essential electrical appliances for both residential and commercial purposes. According to recent market research from Grand View Research, the global washing machine market is expected to reach US$ 42.16 billion by 2025, jumping from nearly US$ 25 billion worth in 2016. The growth of global washing machine market is driven by rapid urbanization and rise in disposable income in the developing countries, improvements in rural electrification, alongside with the technological and innovative advancements for smart appliances in the global market, washing machine industry is expected to experience a new growth momentum in the coming years.
The fully automatic washing machines industry is expected to be the fastest-growing segments over the near future, due to the convenience as well as the efficient use of water and electricity of doing household laundry. As the result, residential washing machine sector is anticipated to grow at a CAGR of over 5% by 2025. Meanwhile, the demand for washing machines that can handle large loads for commercial use is also driving the growth of the washing machines market worldwide. The high demand for commercial washing machines is seen in the hospitality industry and is increasingly used in hotels, resorts, and other establishments for consumers providing laundry services at these destinations.
Emphasis on R&D and prices is a major strategy adopted by the key players to generate financial profits and address the environmental and social issues through technologies and products. Some of the world’s top washing machine manufacturers and best-selling washing machine brands include 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.).
Geographically, the Asia-Pacific region is leading the global washing machine productions and sales, especially in countries such as China, Japan, South Korea, which has a huge availability of such advanced appliances at relatively affordable rates. North American is experiencing an upsurge in replacement activities for their semi-automatic washing machines. European nations are largely focused on creating a sustainable environment and are stressing on using eco-friendly and energy-efficient washing machines. Such advanced and low-power-consuming machines are experiencing high demand in this region. MEA is also witnessing strong growing demand, especially from the UAE and Saudi Arabia.
Poland Is One of the World’s Largest Washing Machine Manufacturers
Poland has evolved to become one of the leading white goods manufacturers in the EU, thanks to its relatively low production cost, high availability of skilled workers and preferential trading access to other EU countries and rest of the world. The washing machine industry in Poland is also one of the largest in the world. Today, Poland is home to over 30 domestic and international household appliance factories with total employment of more than 25,000 people. Although most of the washing machine manufacturers in Poland are foreign-run plants, such as LG, Samsung, and Miele, their production makes Poland the European leader in the production and exports of household appliances.
According to the recent industry statistics from Statista, the total revenue of Poland’s washing machine market amounted to US$435 million in 2017, and this figure is expected to reach US$438 million in 2021. When it comes to washing machine exports, Poland is also leading the way in the global market. The latest trading data from ITC shows that Poland exported about US$ 1.2 billion worth of washing machines in 2016, representing about 9.2% of the world’s total washing machine exports in that year, making Poland the world’s second largest washing machine exporter after China. Some of the top importers of Poland made washing machines were Germany, UK, France, Italy and Spain.
Connect with the Top Washing Machine Companies in Poland
The prominence of the washing machine market in Poland has attracted a significant number of buyers and traders from all over the world to source washing machines and other home appliances from Poland. To help your home appliances business stays at the top of the industry, BizVibe provides the best solutions to source the products and make the best business deals with the top washing machine suppliers in Poland. Don’t miss your chance to connect with the best industry suppliers, manufacturers, and exporters on BizVibe.
Connect with Poland’s Top Washing Machine on BizVibe:
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