Washing Machine Market to Grow at a CAGR of 3.83% During the Forecast Period
Increasing disposable income and technological advancements are expected to drive the growth of the global Washing Machine market. According to TechSci Research report, “ Global Washing Machine Market –Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027”. The global washing machine market is expected to reach USD89.27 billion by 2027F, with a CAGR of 3.83% during the forecast period. Washing machine sales are expected to increase during the forecast period due to consumers' changing lifestyles and preferences, rising disposable income, increasing working people, and a rising population worldwide. Washing machines have become necessary household equipment around the world over time. Customers are looking for "value options" that balance the qualities of price, quality, convenience, consistency, and innovation. In the anticipated years, there will be a rise in the need for washing machines. Additionally, the current trend among young couples