Global Washing Machine Market Size

The Global Washing Machine Market is expected to reach USD 84.31 billion by 2030, at a CAGR of 5.6% during the forecast period 2022 to 2030. The outbreak of COVID-19 has resulted in a decrease in product consumption, which can be attributed to the government's strong measures to maintain social distance, lockdown, and store availability.In addition to labour difficulties, the decline in washing machine production and exports in countries including China, Germany, the United States, Japan, and South Korea has significantly decreased global market revenues in 2020.