Product Code: GVR-4-68040-375-9
North America Household Washer And Dryer Market Growth & Trends:
The North America household washer & dryer market size is expected to reach USD 19.49 billion by 2030, registering a CAGR of 2.6% over the forecast period, according to a new report by Grand View Research, Inc. One of the main factors propelling the household washer and dryer industry is the need for all-in-one washing and dryer combos. An all-in-one washer-dryer combo is a single unit that has an enclosed drum for washing and drying clothes. These gadgets, which have controls that are programmed, can carry out both tasks simultaneously or independently. The necessity to move wet garments from the washer to the dryer is eliminated by these inventive machines, which simplify washing procedures.
The market for household washers and dryers in North America has been significantly impacted by the increasing adoption of smart home technology. With the use of smart home technologies, it is now easy and remote to monitor and control many household functions, including washing. As smart devices can complete tasks automatically or with little assistance from humans, doing this requires less time and effort than doing it by hand. A smart washer, for instance, can automatically choose the appropriate wash/dry cycles, temperatures, and other settings based on the fabric texture, load size, and soil level. Owing to such factors, the adoption of smart washer and dryer is increasing thus driving the market growth.
Washers dominated the North America market in 2023. The growing emphasis on sustainability and energy efficiency is one key driver influencing the adoption of energy-efficient washers. Customers are looking for washers that use less water and have higher energy efficiency ratings as their concerns about the environment rise. To meet this growing demand, manufacturers are creating washers with cutting-edge technologies like water-recycling systems, high-efficiency motors, and enhanced insulation, all of which are meant to lower water and energy usage.
The sales of washers and dryers through offline channel accounted for the major share across North America. Consumers in North America prioritize product lifecycle and value when buying washers or dryers, often preferring to inspect them at retail stores before purchasing. Offline retail outlets throughout the region offer extensive selections from multiple top brands, catering to diverse consumer preferences and requirements, resulting in high sales through these channels.
Major key companies adopt various steps, including global expansion, partnerships, acquisitions and mergers, development, and launch of new products, and others, to gain more market share.
North America Household Washer And Dryer Market Report Highlights:
- The combo washer & dryer segment is expected to grow at a CAGR of 3.6% from 2024 to 2030. Due to space constraints, consumers favor appliances that can multitask effectively without occupying too much room, which makes combo washer-dryers a significant option.
- The front load washers and dryers segment is expected to grow at a CAGR of 3.0% over the forecast period from 2024 to 2030. Front-load washers are known for their higher energy and water efficiency compared to top-load units, typically using around 10-20 gallons of water per cycle, which contributes to their growing popularity and demand.
- The standalone washer and dryers segment is expected to grow at a CAGR of 2.8% from 2024 to 2030. In larger residences and multi-level homes, there is frequently sufficient space to accommodate individual laundry appliances, contributing to increased demand for these products.
- The built-in washer and dryers segment is expected to grow at a CAGR of 3.0% from 2024 to 2030. Built-in units are crafted to integrate seamlessly into cabinets or closets, optimizing floor space within homes. This feature is especially beneficial for compact living environments like apartments or condominiums, resulting in increased adoption.
- The 8 kg to 11 kg capacity washers and dryers segment is expected to grow at a CAGR of 2.9% from 2024 to 2030. Manufacturers have been integrating cutting-edge features like smart connectivity, energy-efficient designs, and advanced washing and drying capabilities into washers and dryers ranging from 8kg to 11kg. These technological innovations not only boost appliance efficiency and performance but also elevate the overall user experience.
- Washers and dryers in the $500 to $1000 segment are expected to grow at a CAGR of 3.1% from 2024 to 2030. Washers and dryers priced between $500 and $1000 frequently include energy-saving features such as sensor drying, which can effectively decrease energy usage and contribute to reduced utility costs over the long term. This eco-friendly approach resonates well with a substantial number of consumers, bolstering demand within this price range.
- Smart washers and dryers are expected to grow at a CAGR of 3.9% from 2024 to 2030. The increasing adoption of smart home technology is driving the sales of smart washers and dryers in North America.
- Sales through online channels are expected to grow at a CAGR of 4.5% from 2024 to 2030. Due to the widespread availability of e-commerce platforms and growing confidence in online shopping, consumers are increasingly using the Internet to research and buy household appliances such as washers and dryers.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Product Snapshot
- 2.3. Load Type Snapshot
- 2.4. Structure Snapshot
- 2.5. Type Snapshot
- 2.6. Capacity Snapshot
- 2.7. Price Range Snapshot
- 2.8. Technology Snapshot
- 2.9. Distribution Channel Snapshot
- 2.10. Country Snapshot
- 2.11. Competitive Landscape Snapshot
Chapter 3. North America Household Washer & Dryer Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales/Retail Channel Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Impact Analysis
- 3.4.2. Market Restraint Impact Analysis
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. Industry Analysis - Porter's Five Forces Analysis
- 3.6. Market Entry Strategies
Chapter 4. North America Household Washer & Dryer Market: Consumer Behavior Analysis
- 4.1. Consumer Trends & Preferences
- 4.2. Factors Affecting Buying Decision
- 4.3. Consumer Product Adoption
- 4.4. Observations and Recommendations
Chapter 5. North America Household Washer & Dryer Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2023 & 2030
- 5.2. Washer
- 5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3. Dryer
- 5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.4. Combo Washer Dryer
- 5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. North America Household Washer & Dryer Market: Load Type Estimates & Trend Analysis
- 6.1. Load Type Movement Analysis & Market Share, 2023 & 2030
- 6.2. Front Load
- 6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3. Top Load
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. North America Household Washer & Dryer Market: Structure Estimates & Trend Analysis
- 7.1. Structure Movement Analysis & Market Share, 2023 & 2030
- 7.2. Stacked
- 7.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3. Side-by-Side
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4. Standalone
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. North America Household Washer & Dryer Market: Type Estimates & Trend Analysis
- 8.1. Type Movement Analysis & Market Share, 2023 & 2030
- 8.2. Freestanding
- 8.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3. Built-In
- 8.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 9. North America Household Washer & Dryer Market: Capacity Estimates & Trend Analysis
- 9.1. Capacity Movement Analysis & Market Share, 2023 & 2030
- 9.2. Up to 8 kg
- 9.2.1. Market estimates and forecast, 2018 - 2030 (USD Million, Thousand Units)
- 9.3. 8 kg to 11 kg
- 9.3.1. Market estimates and forecast, 2018 - 2030 (USD Million, Thousand Units)
- 9.4. Above 11 kg
- 9.4.1. Market estimates and forecast, 2018 - 2030 (USD Million, Thousand Units)
Chapter 10. North America Household Washer & Dryer Market: Price Range Estimates & Trend Analysis
- 10.1. Price Range Movement Analysis & Market Share, 2023 & 2030
- 10.2. Up to USD 500
- 10.2.1. Market estimates and forecast, 2018 - 2030 (USD Million, Thousand Units)
- 10.3. USD 501 to USD 1,000
- 10.3.1. Market estimates and forecast, 2018 - 2030 (USD Million, Thousand Units)
- 10.4. USD 1,001 to USD 1,500
- 10.4.1. Market estimates and forecast, 2018 - 2030 (USD Million, Thousand Units)
- 10.5. USD 1,501 to USD 2,000
- 10.5.1. Market estimates and forecast, 2018 - 2030 (USD Million, Thousand Units)
- 10.6. USD 2,001 to USD 3,000
- 10.6.1. Market estimates and forecast, 2018 - 2030 (USD Million, Thousand Units)
- 10.7. Above USD 3,000
- 10.7.1. Market estimates and forecast, 2018 - 2030 (USD Million, Thousand Units)
Chapter 11. North America Household Washer & Dryer Market: Technology Estimates & Trend Analysis
- 11.1. Technology Movement Analysis & Market Share, 2023 & 2030
- 11.2. Smart Machines
- 11.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 11.3. Conventional Machines
- 11.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 12. North America Household Washer & Dryer Market: Distribution Channel Estimates & Trend Analysis
- 12.1. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
- 12.2. Offline
- 12.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3. Online
- 12.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 13. North America Household Washer & Dryer Market: Country Estimates & Trend Analysis
- 13.1. Country Movement Analysis & Market Share, 2023 & 2030
- 13.2. U.S.
- 13.2.1. Key country dynamics
- 13.2.2. Market estimates and forecast, 2018 - 2030 (USD Million; Thousand Units)
- 13.3. Canada
- 13.3.1. Key country dynamics
- 13.3.2. Market estimates and forecast, 2018 - 2030 (USD Million; Thousand Units)
Chapter 14. Competitive Analysis
- 14.1. Recent developments & impact analysis, by key market participants
- 14.2. Company Categorization
- 14.3. Participant's Overview
- 14.4. Financial Performance
- 14.5. Product Benchmarking
- 14.6. Company Market Share Analysis, 2023 (%)
- 14.7. Company Heat Map Analysis
- 14.8. Strategy Mapping
- 14.9. Company Profiles
- 14.9.1. Electrolux AB
- 14.9.1.1. Company Overview
- 14.9.1.2. Financial Performance
- 14.9.1.3. Product Portfolios
- 14.9.1.4. Strategic Initiatives
- 14.9.2. Alliance Laundry System LLC
- 14.9.2.1. Company Overview
- 14.9.2.2. Financial Performance
- 14.9.2.3. Product Portfolios
- 14.9.2.4. Strategic Initiatives
- 14.9.3. GE Appliances (a Haier Company)
- 14.9.3.1. Company Overview
- 14.9.3.2. Financial Performance
- 14.9.3.3. Product Portfolios
- 14.9.3.4. Strategic Initiatives
- 14.9.4. Avanti Products
- 14.9.4.1. Company Overview
- 14.9.4.2. Financial Performance
- 14.9.4.3. Product Portfolios
- 14.9.4.4. Strategic Initiatives
- 14.9.5. Fisher & Paykel Appliances Ltd
- 14.9.5.1. Company Overview
- 14.9.5.2. Financial Performance
- 14.9.5.3. Product Portfolios
- 14.9.5.4. Strategic Initiatives
- 14.9.6. Kenmore (Transform Holdco LLC)
- 14.9.6.1. Company Overview
- 14.9.6.2. Financial Performance
- 14.9.6.3. Product Portfolios
- 14.9.6.4. Strategic Initiatives
- 14.9.7. LG Electronics Inc.
- 14.9.7.1. Company Overview
- 14.9.7.2. Financial Performance
- 14.9.7.3. Product Portfolios
- 14.9.7.4. Strategic Initiatives
- 14.9.8. Danby
- 14.9.8.1. Company Overview
- 14.9.8.2. Financial Performance
- 14.9.8.3. Product Portfolios
- 14.9.8.4. Strategic Initiatives
- 14.9.9. Miele
- 14.9.9.1. Company Overview
- 14.9.9.2. Financial Performance
- 14.9.9.3. Product Portfolios
- 14.9.9.4. Strategic Initiatives
- 14.9.10. Crosley
- 14.9.10.1. Company Overview
- 14.9.10.2. Financial Performance
- 14.9.10.3. Product Portfolios
- 14.9.10.4. Strategic Initiatives
- 14.9.11. Robert Bosch GmbH
- 14.9.11.1. Company Overview
- 14.9.11.2. Financial Performance
- 14.9.11.3. Product Portfolios
- 14.9.11.4. Strategic Initiatives
- 14.9.12. Samsung Electronics America, Inc.
- 14.9.12.1. Company Overview
- 14.9.12.2. Financial Performance
- 14.9.12.3. Product Portfolios
- 14.9.12.4. Strategic Initiatives
- 14.9.13. ASKO
- 14.9.13.1. Company Overview
- 14.9.13.2. Financial Performance
- 14.9.13.3. Product Portfolios
- 14.9.13.4. Strategic Initiatives
- 14.9.14. Midea
- 14.9.14.1. Company Overview
- 14.9.14.2. Financial Performance
- 14.9.14.3. Product Portfolios
- 14.9.14.4. Strategic Initiatives
- 14.9.15. Whirlpool Corporation
- 14.9.15.1. Company Overview
- 14.9.15.2. Financial Performance
- 14.9.15.3. Product Portfolios
- 14.9.15.4. Strategic Initiatives