The Philippines laundry appliances market is poised for moderate growth, projected to increase from USD 559.2 million in 2023 to USD 872.7 million by 2029, achieving a CAGR of 7.7% during the forecast period. In the Philippines, urbanization and an expanding middle class are driving the demand for home laundry appliances. As disposable incomes increase, more households are adopting modern appliances such as washing machines and dryers. The market is also benefiting from the availability of energy-efficient and compact models that cater to smaller living spaces.
This report presents a detailed overview of the Philippines laundry appliances industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product and distribution channel. This detailed analysis supports the identification of growth opportunities within the laundry appliances industry.
Market Segmentation
The Philippines laundry appliances market is structured as follows:
Product: dryers, washer dryers, washing machines (semi-automatic, and fully-automatic)
Distribution channel: home appliance stores, e-commerce, others
The laundry appliances market in the Philippines is segmented by product and distribution channel. Product segments are divided into dryers, washer dryers, and washing machines (semi-automatic, and fully-automatic). Distribution channel segmentation includes home appliance stores, e-commerce, and others.
Competitive Landscape
Top players featured in the Philippines laundry appliances market study include Whirlpool Corporation, The Samsung Group, Panasonic Corporation, Midea Group Co. Ltd., LG Corporation, Hon Hai Precision Industry Co. Ltd., Haier Group Corporation, Excellence Appliance Technologies Inc. and Electrolux AB.
The report provides a detailed assessment of prominent companies within the laundry appliances market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Philippines laundry appliances market.
Gain in-depth analysis and forecasts for the key segments of the Philippines laundry appliances market: product and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Philippines laundry appliances market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines laundry appliances market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Philippines Laundry Appliances Market – Product Analysis
Philippines Laundry Appliances Market – Distribution Channel Analysis
Key Players and Market Share
– Whirlpool Corporation
– The Samsung Group
– Panasonic Corporation
– Midea Group Co., Ltd.
– LG Corporation
– Hon Hai Precision Industry Co., Ltd.
– Haier Group Corporation
– Excellence Appliance Technologies, Inc.
– Electrolux AB
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Philippines Laundry Appliances Market 2019-2029
Chart Philippines Laundry Appliances Market, Net Growth, 2019-2029
Chart Philippines Laundry Appliances Market, Growth Rates, 2019-2029
Table Philippines Laundry Appliances Market by Product, 2019-2029
Chart Philippines Laundry Appliances Market by Product, CAGR Historic and Forecast, 2019-2029
Chart Philippines Laundry Appliances Market by Product, 2019-2029
Table Philippines Laundry Appliances Market by Distribution Channel, 2019-2029
Chart Philippines Laundry Appliances Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Philippines Laundry Appliances Market by Distribution Channel, 2019-2029
Table Philippines Laundry Appliances Market Share (%), by Companies, 2019-2023
Chart Philippines Laundry Appliances Market, by Companies, 2023
Table Philippines Laundry Appliances Market Share (%), by Brands, 2019-2023
Chart Philippines Laundry Appliances Market, by Brands, 2023
Table Philippines – Population (Millions) and Forecast
Table Philippines – Consumer Price Index (CPI) and Forecast
Table Philippines – Gross Domestic Product and Forecast
Table Philippines Laundry Appliances Market: Spend as a Proportion of GDP (%)
Table Philippines Laundry Appliances Market: Consumption per Capita (Population)
Companies Mentioned
Whirlpool Corporation
The Samsung Group
Panasonic Corporation
Midea Group Co., Ltd.
LG Corporation
Hon Hai Precision Industry Co., Ltd.
Haier Group Corporation
Excellence Appliance Technologies, Inc.
Electrolux AB