Europe Smart Washer and Dryer Market Introduction
Changing consumer lifestyle has a major impact on consumer buying behavior and preferences for laundry appliances. With growing awareness among masses concerning environment, saving resources, and enhancing convenience demand for intelligent and connected washers and dryers is increasing in the region. Also, major manufacturers are focusing on offering energy- and water-efficient washers and dryers to earn energy star label introduced by EU.
Rise in construction of housing apartments in Europe is expanding the demand for in-built and freestanding washer & dryers among end users. Further, increasing energy prices in the developed countries is anticipated to increase the demand for energy efficient smart washers and dryers, propelling market growth in the region. However, high price associated with premium and advanced washers and dryers is expected to impede growth of the washer and dryer market in developing countries.
The Europe smart washer & dryer market has been analyzed based on various major segments such as product type, dryer type, washer type, distribution channel, price range, and end user. Based on product type the market is bifurcated into dryer, washer, and washer & dryer combo. The Europe washer & dryer market is further sub-segment based on dryer into gas dryer and electric dryer. The washer segment includes top load washer, front load washer, and stacked washer. By distribution channels the Europe washer & dryer market is classified into offline and online channel. Price range segment is analyzed based on various categories such as high price, medium price and low-price washer & dryer. The Europe washer & Dryer market studies major end user segments such as commercial and residential sectors.
The Europe washer & dryer market includes prominent regions such as Eastern Europe and Western Europe. Of these regions, in terms of consumer spending on smart washers and dryers, Western Europe was the dominant regional market in 2016. Markets studied in European regions are UK, Germany, Italy, France, Spain, rest of Western Europe, Russia, Poland, and rest of Eastern Europe.
Europe Smart Washer and Dryer Market Competitive Landscape
Key vendors operating in the Europe washer & dryer market are concentrating on introducing premium range of front load washers and dryers in the region. These high-quality appliances are especially designed to offer consumers a high level of convenience. Key players identified in the Europe washer & dryer market are LG Electronics Inc., Whirlpool Corporation, Samsung Electronics Co. Ltd., Haier Electronics Group Co. Ltd., General Electric Company, AB Electrolux, BSH Hausgeräte GmbH, Hitachi Ltd., and Midea Group Co. Ltd.
This research report on Europe smart washer and dryer market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.