Global Residential Washing Machine Market Size is Expected to Reach USD 22.55 billion by 2025
16-aug-19 The global residential washing machine market size is expected to reach USD 22.55 billion by 2025, according to a new report. It is projected to register a CAGR of 6.1% during the forecast period. Rising standard of living coupled with the rapid urbanization across the globe is expected to drive the growth. Moreover, significant improvement of electricity infrastructure in developing countries including India, Indonesia, and China is expected to further fuel the product demand. Request a Sample Copy of This Report: https://www.radiantinsights.com/research/residential-washing-machine-market/request-sample The market for fully automatic washing machines is expected to register the fastest CAGR of 6.3% from 2019 to 2025 owing to the ease of operation, high energy efficiency, and less water consumption and drying times. Major manufacturers including Samsung Electronics Co. Ltd.; Whirlpool Corporation; and LG Electronics Inc. are introducing latest technologies such a...