Washing Machines Market 2022 – By Type (Fully Automatic, Semi-Automatic), By Sales Channel (E-Commerce, Retail Chains, Direct Sales), By Technology (Top Load, Front Load), By Application (Residential, Commercial), And By Region, Opportunities And Strategies – Global Forecast To 2031

Washing Machines Global Market Opportunities And Strategies To 2031: COVID-19 Impact And Recovery

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Washing Machines Market Definition

The washing machines market consists of sales of washing machines by entities (organizations, sole traders and partnerships) that produce washing machines. A washing machine is an appliance used to wash various types of clothes without applying any physical efforts.

A washing machine is a piece of laundry equipment used to wash laundry. It contains a barrel into which the clothes are placed. This barrel is filled with water and detergent, and then rotated to remove any dirt from the clothes and drain the water after the cycle. The main components of a washing machine are the drum, paddles, agitator, thermostat and heating element, pump, programmer, pipes and valves. The washing machine enables clothes washing automatically without having to supervise its operation. The washing machine has auto sensing technology for automatically sensing the water level and a timer for washing, rinsing and drying, as per the amount of clothes and the selected mode. Washing machine models also have the option to choose a water level required for a deep-water wash.  The washing machine automatically shows the amount of detergent required depending on the weight of the clothes and the selected mode of washing.

Washing Machines Market Size

The global washing machines market reached a value of nearly $63,022.7 million in 2021, having increased at a compound annual growth rate (CAGR) of 4.6% since 2016. The global washing machines market size is expected to grow from $63,022.7 million in 2021 to $76,137.8 million in 2026 at a rate of 3.9%. The global washing machines market size is then expected to grow at a CAGR of 2.5% from 2026 and reach $86,168.4 million in 2031.    

Growth in the historic period resulted from strong economic growth in emerging markets, rapid urbanization and rapid technological adoption, and a rise in disposable income. Factors that negatively affected growth in the historic period stringent government regulations and counterfeit products.

Going forward, the increasing smart homes, increasing adoption of 5G networks, increasing population growth, increasing urbanization, will drive the growth. Factors that could hinder the growth of the washing machines market in the future include increasing demand for dry cleaning and laundry services, coronavirus pandemic.

Washing Machines Market Drivers

The key drivers of the washing machines market include:

Increasing Smart Homes

The washing machines market is expected to be supported by rapid growth in smart homes in many countries globally. Smart homes technologies use electrical devices to efficiently manage and operate household services including washing, drying, cooking and others. Smart homes also use predictive big data analytics for fast and efficient washing of clothes. For instance, the smart home penetration rate in the UK is expected to reach 63% by 2025 up from 32.9% in 2020. The development of smart homes is expected to act as a driver for the washing machines market in the forecast period.

Washing Machines Market Restraints

The key restraints on the washing machines market include:

Increasing Demand For Dry Cleaning And Laundry Services

With an increase in the size of the working population, individuals are leading hectic lifestyles with limited time for household chores. Such a hectic lifestyle increases the need for laundry services, thereby limiting the growth of the washing machines market. For instance, in the USA, the revenue of the dry cleaning and laundry services market is projected to reach $7,660 million by 2022. Therefore, such increase in demand for dry cleaning and laundry services will restrain the washing machines market in the forecast period.

Washing Machines Market Trends

Major trends influencing the washing machines market include:

Artificial Intelligence Powered Washing Machines

Companies in the washing machines market are investing significantly in artificial intelligence technology in their product development. AI can identify data types, find possible connections among datasets, and recognize knowledge using natural language processing. Users will be able to use their smartphones or voice assistants to control these AI powered washing machines. For instance, in March 2021, LG Electronics deployed innovation in laundry with the launch of artificial intelligence enabled washing machine for optimal results. Similarly, in September 2020, Samsung launched its range of artificial intelligence powered front load washing machines which has a Q-Rator technology. The new advanced AI solutions in washing machine is implemented to bring convenience to consumers and deliver perfect laundry efficiently.

New Product Launches And Innovation

The washing machines market has experienced new product launches in recent years, with major companies coming up with innovative washing solutions. Product launch in the market is a planned effort to bring a new product to the market. For instance, in April 2021, Whirlpool announced the launch of new top load washing machine with a 2 in 1 removable agitator. The new product allows consumers to customize any load of laundry to care for their clothes.  Likewise, in July 2021, Samsung announced the launch of new front load washing machine with hygiene steam technology. The new product is capable of removing ingrained dirt and 99.9% of bacteria and allergens.  Companies have also initiated product innovation with development of unique products. For example, in October 2020, LG Electronics USA modernized laundry through the launch of the revolutionary LG Wash Tower, which is a sleek, single-unit laundry solution that enables consumers to reinvent their laundry room design.

Opportunities And Recommendations In The Washing Machines Market

Opportunities –The top opportunities in the washing machines market segmented by type will arise in the fully automatic segment, which will gain $5,976.4 million of global annual sales by 2026. The top opportunities in the washing machines market segmented by sales channel will arise in the retail segment, which will gain $7,385.2 million of global annual sales by 2026. The top opportunities in the washing machines market segmented by technology will arise in the front load segment, which will gain $10,547.5 million of global annual sales by 2026. The top opportunities in the washing machines market segmented by application will arise in the residential segment, which will gain $11,116.8 million of global annual sales by 2026. The washing machines market size will gain the most in the China region at $2,728.1 million.

Recommendations –To take advantage of the opportunities, The Business Research Company recommends the washing machine companies to invest in artificial intelligence-powered washing machines, focus on new product launches and innovation, integrate Internet of Things (IoT) in washing machines, expand in emerging markets, leverage e-commerce to maximize reach, offer value-based pricing, offer competitively priced products, leverage online portals or social media platforms to maximize reach, participate in trade shows and events and collaborate with celebrities to drive growth.

Washing Machines Market Segmentation

The washing machines market is segmented by type, by sales channel, by technology, and by application.
By Type –
The washing machines market is segmented by type into:
    • a) Fully Automatic
    • b) Semi-Automatic
    • c) Others
The fully automatic market was the largest segment of the washing machines market segmented by type, accounting for 44.1% of the total in 2021. Going forward, the semi-automatic market is expected to be the fastest growing segment in the washing machines market segmented by type, at a CAGR of 4.0% during 2021-2026.
By Sales Channel -
The washing machines market is segmented by sales channel into:
    • a) E-Commerce
    • b) Retail Chains
    • c) Direct Sales
The retail market was the largest segment of the washing machines market segmented by sales channel, accounting for 71.6% of the total in 2021. Going forward, the e-commerce segment is expected to be the fastest growing segment in the washing machines market segmented by sales channel, at a CAGR of 9.3% during 2021-2026.
By Technology -
The washing machines market is segmented by technology into:
    • a) Top Load
    • b) Front Load
The front load market was the largest segment of the washing machines market segmented by technology, accounting for 73.1% of the total in 2021. Going forward, the front load is expected to be the fastest growing segment in the washing machines market segmented by technology, at a CAGR of 4.2% during 2021-2026.
By Application -
The washing machines market is segmented by application into:
    • a) Residential
    • b) Commercial
The residential market was the largest segment of the washing machines market segmented by application, accounting for 82.4% of the total in 2021. Going forward, the residential segment is expected to be the fastest growing segment in the washing machines market segmented by application, at a CAGR of 4.0% during 2021-2026.
By Geography- The washing machines market is segmented by geography into
    • o Asia Pacific
      • •  China
      • •  Japan
      • •  India
      • •  Australia
      • •  Indonesia
      • •  South Korea
    • o North America
      • • USA
      o South America
      • • Brazil 
      o Western Europe
      • • UK 
      • • Germany 
      • • France 
      o Eastern Europe
      • • Russia 
      o Middle East
      o Africa
Asia Pacific was the largest region in the washing machines market, accounting for 47.3% of the total in 2021. It was followed by Western Europe, and then the other regions. Going forward, the fastest-growing regions in the washing machines market will be Africa, and Middle East where growth will be at CAGRs of 7.8% and 4.3% respectively. These will be followed by Asia Pacific, and South America, where the markets are expected to grow at CAGRs of 3.8% and 3.2% respectively.

Washing Machines Market Competitive Landscape

Major Competitors are:

  • Samsung Electronics Co Ltd
  • IFB Industries Ltd
  • Whirlpool Corporation
  • LG Electronics Inc.
  • Robert Bosch GmbH
  • Other Competitors Include:

  • Midea Group
  • Panasonic Corporation
  • Haier Group Corp
  • Sharp Corporation
  • Onida
  • Godrej
  • BPL
  • Siemens AG
  • Little Swan
  • TCL Corporation
  • Sanyo Electric
  • Vega-Systems B.V
  • Landuwasco B.V.
  • Bsh Hausgeräte Gmbh
  • Kohlhoff Hygienetechnik Gmbh & Co. Kg
  • Tps Industriewaschmaschinen
  • Und Anlagenbau Gmbh
  • Pulse Monitor
  • Rusolut Sp. Z O.O, SECTRON
  • General Electric (GE)
  • Speed Queen
  • Amana Corporation
  • Kenmore
  • Maytag
  • Miele
  • Frigidaire
  • Asko Appliances
  • Ariston
  • Brandt Appliance
  • Crosley Company
  • Dyson
  • Electrolux
  • Fisher and Paykel
  • Hoover Limited
  • Magic Chef
  • H-Buster
  • Philco
  • Pioneer
  • Sony
  • Philips
  • AOC
  • Hisense
  • Advanced Electronics Company
  • Leap Technologies FZC
  • SMARTECH AV
  • CZ Electronics (Pty) Ltd
  • Avnet South Africa
  • TOSHIBA
  • 3M South Africa
  • Electrocomp (PTY) Ltd
    1. Table Of Contents

      1. Washing Machines Market Executive Summary

      2. Table of Contents

      3. List of Figures

      4. List of Tables

      5. Report Structure

      6. Introduction

      6.1. Segmentation By Geography

      6.2. Segmentation By Type

      6.3. Segmentation By Sales Channel

      6.4. Segmentation By Technology

      6.5. Segmentation By Application

      7. Washing Machines Market Characteristics

      7.1. Market Definition

      7.2. Segmentation By Type

      7.2.1. Fully Automatic

      7.2.2. Semi-Automatic

      7.2.3. Others

      7.3. Segmentation By Sales Channel

      7.3.1. E-Commerce

      7.3.2. Retail Chains

      7.3.3. Direct Sales

      7.4. Segmentation By Technology

      7.4.1. Top Load

      7.4.2. Front Load

      7.5. Segmentation By Application

      7.5.1. Residential

      7.5.2. Commercial

      8. Washing Machines Market Trends And Strategies

      8.1. Artificial Intelligence Powered Washing Machines

      8.2. New Product Launches And Innovation

      8.3. Smart Technology

      8.4. IoT In Washing Machines

      8.5. Strategic Collaborations And Partnerships To Drive Innovations

      8.6. Health-Focused Washing Machines

      9. COVID-19 Impact On The Washing Machines Market

      9.1. Introduction

      9.2. Disruption In Supply For Washing Machines

      9.3. Impact On Companies

      9.4. Future Outlook

      10. Global Washing Machines Market Size And Growth

      10.1. Market Size

      10.2. Historic Market Growth, 2016 – 2021, Value ($ Million)

      10.2.1. Drivers Of The Market 2016 – 2021

      10.2.2. Restraints On The Market 2016 – 2021

      10.3. Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      10.3.1. Drivers Of The Market 2021 – 2026

      10.3.2. Restraints On The Market 2021 – 2026

      11. Global Washing Machines Market Segmentation

      11.1. Global Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.2. Global Washing Machines Market, Segmentation By Sales Channel, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.3. Global Washing Machines Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.4. Global Washing Machines Market, Segmentation By Application, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12. Washing Machines Market, Regional And Country Analysis

      12.1. Global Washing Machines Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12.2. Global Washing Machines Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13. Asia-Pacific Washing Machines Market

      13.1. Asia-Pacific Washing Machines Market Overview

      13.1.1. Region Information

      13.1.2. Market Information

      13.1.3. Background Information

      13.1.4. Government Initiatives

      13.1.5. Regulations

      13.1.6. Regulatory Bodies

      13.1.7. Major Associations

      13.1.8. Taxes Levied

      13.1.9. Corporate Tax Structure

      13.1.10. Investments

      13.1.11. Major Companies

      13.2. Asia-Pacific Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      13.3. Asia-Pacific Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      13.4. Asia-Pacific Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13.5. Asia-Pacific Washing Machines Market: Country Analysis

      13.6. China Washing Machines Market

      13.7. China Washing Machines Market Overview

      13.7.1. Country Information

      13.7.2. Market Information

      13.7.3. Background Information

      13.7.4. Government Initiatives

      13.7.5. Regulations

      13.7.6. Regulatory Bodies

      13.7.7. Major Associations

      13.7.8. Taxes Levied

      13.7.9. Corporate Tax Structure

      13.7.10. Investments

      13.7.11. Major Companies

      13.8. China Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      13.9. China Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      13.10. China Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13.11. India Washing Machines Market

      13.12. India Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      13.13. India Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      13.14. India Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13.15. Japan Washing Machines Market

      13.16. Japan Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      13.17. Japan Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      13.18. Japan Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13.19. Australia Washing Machines Market

      13.20. Australia Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      13.21. Australia Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      13.22. Australia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13.23. Indonesia Washing Machines Market

      13.24. Indonesia Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      13.25. Indonesia Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      13.26. Indonesia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13.27. South Korea Washing Machines Market

      13.28. South Korea Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      13.29. South Korea Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      13.30. South Korea Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      14. Western Europe Washing Machines Market

      14.1. Western Europe Washing Machines Market Overview

      14.1.1. Region Information

      14.1.2. Market Information

      14.1.3. Background Information

      14.1.4. Government Initiatives

      14.1.5. Regulations

      14.1.6. Regulatory Bodies

      14.1.7. Major Associations

      14.1.8. Taxes Levied

      14.1.9. Corporate Tax Structure

      14.1.10. Investments

      14.1.11. Major Companies

      14.2. Western Europe Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      14.3. Western Europe Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      14.4. Western Europe Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      14.5. Western Europe Washing Machines Market: Country Analysis

      14.6. UK Washing Machines Market

      14.7. UK Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      14.8. UK Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      14.9. UK Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      14.10. Germany Washing Machines Market

      14.11. Germany Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      14.12. Germany Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      14.13. Germany Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      14.14. France Washing Machines Market

      14.15. France Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      14.16. France Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      14.17. France Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      15. Eastern Europe Washing Machines Market

      15.1. Eastern Europe Washing Machines Market Overview

      15.1.1. Region Information

      15.1.2. Market Information

      15.1.3. Background Information

      15.1.4. Government Initiatives

      15.1.5. Regulations

      15.1.6. Regulatory Bodies

      15.1.7. Major Associations

      15.1.8. Taxes Levied

      15.1.9. Corporate Tax Structure

      15.1.10. Investments

      15.1.11. Major Companies

      15.2. Eastern Europe Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      15.3. Eastern Europe Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      15.4. Eastern Europe Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      15.5. Eastern Europe Washing Machines Market: Country Analysis

      15.6. Russia Washing Machines Market

      15.7. Russia Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      15.8. Russia Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      15.9. Russia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      16. North America Washing Machines Market

      16.1. North America Washing Machines Market Overview

      16.1.1. Region Information

      16.1.2. Market Information

      16.1.3. Background Information

      16.1.4. Government Initiatives

      16.1.5. Regulations

      16.1.6. Regulatory Bodies

      16.1.7. Taxes Levied

      16.1.8. Corporate Tax Structure

      16.1.9. Investments

      16.1.10. Major Associations

      16.1.11. Major Companies

      16.2. North America Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      16.3. North America Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      16.4. North America Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      16.5. North America Washing Machines Market: Country Analysis

      16.6. USA Washing Machines Market

      16.7. USA Washing Machines Market Overview

      16.7.1. Country Information

      16.7.2. Market Information

      16.7.3. Background Information

      16.7.4. Government Initiatives

      16.7.5. Regulations

      16.7.6. Regulatory Bodies

      16.7.7. Major Associations

      16.7.8. Taxes Levied

      16.7.9. Corporate Tax Structure

      16.7.10. Investments

      16.7.11. Major Companies

      16.8. USA Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      16.9. USA Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      16.10. USA Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      17. South America Washing Machines Market

      17.1. South America Washing Machines Market Overview

      17.1.1. Region Information

      17.1.2. Market Information

      17.1.3. Background Information

      17.1.4. Government Initiatives

      17.1.5. Regulations

      17.1.6. Regulatory Bodies

      17.1.7. Major Associations

      17.1.8. Taxes Levied

      17.1.9. Corporate Tax Structure

      17.1.10. Investments

      17.1.11. Major Companies

      17.2. South America Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      17.3. South America Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      17.4. South America Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      17.5. South America Washing Machines Market: Country Analysis

      17.6. Brazil Washing Machines Market

      17.7. Brazil Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      17.8. Brazil Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      17.9. Brazil Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      18. Middle East Washing Machines Market

      18.1. Middle East Washing Machines Market Overview

      18.1.1. Region Information

      18.1.2. Market Information

      18.1.3. Background Information

      18.1.4. Government Initiatives

      18.1.5. Regulations

      18.1.6. Regulatory Bodies

      18.1.7. Major Associations

      18.1.8. Taxes Levied

      18.1.9. Corporate Tax Structure

      18.1.10. Investments

      18.1.11. Major Companies

      18.2. Middle East Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      18.3. Middle East Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      18.4. Middle East Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      19. Africa Washing Machines Market

      19.1. Africa Washing Machines Market Overview

      19.1.1. Region Information

      19.1.2. Market Information

      19.1.3. Background Information

      19.1.4. Government Initiatives

      19.1.5. Regulations

      19.1.6. Regulatory Bodies

      19.1.7. Major Associations

      19.1.8. Taxes Levied

      19.1.9. Corporate Tax Structure

      19.1.10. Investments

      19.1.11. Major Companies

      19.2. Africa Washing Machines Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      19.3. Africa Washing Machines Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      19.4. Africa Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      20. Global Washing Machines Market Competitive Landscape

      20.1. Company Profiles

      20.2. Samsung Electronics Co ltd

      20.2.1. Company Overview

      20.2.2. Products And Services

      20.2.3. Business Strategy

      20.2.4. Financial Overview

      20.3. IFB Industries Ltd

      20.3.1. Company Overview

      20.3.2. Products And Services

      20.3.3. Business Strategy

      20.3.4. Financial Overview

      20.4. Whirlpool Corporation

      20.4.1. Company Overview

      20.4.2. Products And Services

      20.4.3. Business Strategy

      20.4.4. Financial Overview

      20.5. LG Electronics Inc.

      20.5.1. Company Overview

      20.5.2. Products And Services

      20.5.3. Business Strategy

      20.5.4. Financial Overview

      20.6. Robert Bosch GmbH

      20.6.1. Company Overview

      20.6.2. Products And Services

      20.6.3. Business Strategy

      20.6.4. Financial Overview

      21. Key Mergers And Acquisitions In The Washing Machines Market

      21.1. LG Chem Ltd. Acquired The Separation Membrane Business Of LG Electronics

      21.2. Hillhouse Capital Yet To Acquire Philips's Home Appliance Business

      21.3. Nidec Corporation Acquired Compressor Business Of Whirlpool Corporation

      21.4. IFB Industries Acquired Commercial Laundry Equipment Manufacturing Business Of Ramsons Group

      21.5. American Industrial Partners Acquired Current Business Unit Of GE (The General Electric Company)

      21.6. Havells Acquired Consumer Durables Business Of Lloyd Electric And Engineering

      22. Washing Machines Market Opportunities And Strategies

      22.1. Global Washing Machines Market In 2026 – Countries Offering Most New Opportunities

      22.2. Global Washing Machines Market In 2026 – Segments Offering Most New Opportunities

      22.3. Global Washing Machines Market In 2026 – Growth Strategies

      22.3.1. Market Trend Based Strategies

      22.3.2. Competitor Strategies

      23. Washing Machines Market, Conclusions And Recommendations

      23.1. Conclusions

      23.2. Recommendations

      23.2.1. Product

      23.2.2. Place

      23.2.3. Price

      23.2.4. Promotion

      23.2.5. People

      24. Appendix

      24.1. Market Data Sources

      24.2. Research Methodology

      24.3. Currencies

      24.4. Research Inquiries

      24.5. The Business Research Company

      24.6. Copyright and Disclaimer

    List Of Tables

      Table 1: Global Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 2: Global Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 3: Global Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 4: Global Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 5: Global Washing Machines Market, Segmentation By Sales Channel, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 6: Global Washing Machines Market, Segmentation By Sales Channel, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 7: Global Washing Machines Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 8: Global Washing Machines Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 9: Global Washing Machines Market, Segmentation By Application, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 10: Global Washing Machines Market, Segmentation By Types, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 11: Global Washing Machines Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 12: Global Washing Machines Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 13: Global Washing Machines Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 14: Global Washing Machines Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 15: Asia Pacific GDP Per Capita, 2015-2020, $
    • Table 16:  Asia Pacific Population By Age Group, 2015-2025, Thousands
    • Table 17: Asia-Pacific Household Appliances, 2016-2026, $ Billion
    • Table 18: Asia-Pacific Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 19: Asia-Pacific Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 20: Asia-Pacific Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 21: Asia-Pacific Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 22: China GDP Per Capita, 2015-2020, $
    • Table 23:  China Population By Age Group, 2015-2025, Thousands
    • Table 24: China Household Appliances, 2016-2026, $ Billion
    • Table 25: China Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 26: China Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 27: China Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 28: China Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 29: India Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 30: India Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 31: India Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 32: India Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 33: Japan Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 34: Japan Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 35: Japan Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 36: Japan Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 37: Australia Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 38: Australia Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 39: Australia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 40: Australia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 41: Indonesia Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 42: Indonesia Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 43: Indonesia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 44: Indonesia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 45: South Korea Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 46: South Korea Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 47: South Korea Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 48: South Korea Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 49: Western Europe GDP Per Capita, 2015-2020, $
    • Table 50:  Western Europe Population By Age Group, 2015-2025, Thousands
    • Table 51: Western Europe Household Appliances, 2016-2026, $ Billion
    • Table 52: Western Europe Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 53: Western Europe Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 54: Western Europe Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 55: Western Europe Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 56: UK Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 57: UK Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 58: UK Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 59: UK Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 60: Germany Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 61: Germany Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 62: Germany Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 63: Germany Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 64: France Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 65: France Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 66: France Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 67: France Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 68: Eastern Europe GDP Per Capita, 2015-2020, $
    • Table 69:  Eastern Europe Population By Age Group, 2015-2025, Thousands
    • Table 70: Eastern Europe Household Appliances, 2016-2026, $ Billion
    • Table 71: Eastern Europe Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 72: Eastern Europe Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 73: Eastern Europe Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 74: Eastern Europe Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 75: Russia Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 76: Russia Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 77: Russia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 78: Russia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 79: North America GDP Per Capita, 2015-2020, $
    • Table 80:  North America Population By Age Group, 2015-2025, Thousands
    • Table 81: North America Household Appliances, 2016-2026, $ Billion
    • Table 82: North America Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 83: North America Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 84: North America Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 85: North America Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 86: USA GDP Per Capita, 2015-2020, $
    • Table 87:  USA Population By Age Group, 2015-2025, Thousands
    • Table 88: USA Household Appliances, 2016-2026, $ Billion
    • Table 89: USA Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 90: USA Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 91: USA Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 92: USA Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 93: South America GDP Per Capita, 2015-2020, $
    • Table 94:  South America Population By Age Group, 2015-2025, Thousands
    • Table 95: South America Household Appliances, 2016-2026, $ Billion
    • Table 96: South America Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 97: South America Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 98: South America Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 99: South America Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 100: Brazil Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 101: Brazil Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 102: Brazil Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 103: Brazil Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 104: Middle East GDP Per Capita, 2015-2020, $
    • Table 105:  Middle East Population By Age Group, 2015-2025, Thousands
    • Table 106: Middle East Household Appliances, 2016-2026, $ Billion
    • Table 107: Middle East Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 108: Middle East Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 109: Middle East Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 110: Middle East Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 111: Africa GDP Per Capita, 2015-2020, $
    • Table 112:  Africa Population By Age Group, 2015-2025, Thousands
    • Table 113: Africa Household Appliances, 2016-2026, $ Billion
    • Table 114: Africa Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 115: Africa Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 116: Africa Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 117: Africa Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 118: Global Washing Machines Manufacturing Market, Key Competitor Estimated Market Shares, 2020, Percentage (%)
    • Table 119: Samsung Electronics Co ltd – Financial Overview, 2016 - 2020, $ Billion
    • Table 120: IFB Industries Ltd – Financial Performance, 2016-2020, $ Billion
    • Table 121: Whirlpool Corporation – Financial Performance, 2016-2020, $ Billion
    • Table 122: LG Electronics – Financial Performance, 2016-2020, $ Billion
    • Table 123: Robert Bosch GmbH– Financial Performance, 2016 - 2020, $ Billion
    • Table 124: Global Washing Machines Market Size Gain ($ Million), 2021 – 2026, By Country
    • Table 125: Global Washing Machines Market Size Gain ($ Million), Segmentation By Type, 2021 – 2026
    • Table 126: Global Washing Machines Market Size Gain ($ Million), Segmentation By Sales Channel, 2021 – 2026
    • Table 127: Global Washing Machines Market Size Gain ($ Million), Segmentation By Technology, 2021 – 2026
    • Table 128: Global Washing Machines Market Size Gain ($ Million), Segmentation By Application, 2021 – 2026
    • Table 129: Washing Machines - Market Data Sources

    List Of Figures

      Figure 1: Global Washing Machines Market Segmentation By Type
    • Figure 2: Global Washing Machines Market Segmentation By Sales Channel
    • Figure 3: Global Washing Machines Market Segmentation By Technology
    • Figure 4: Global Washing Machines Market Segmentation By Application
    • Figure 5: Global Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 6: Global Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 7: Global Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 8: Global Washing Machines Market, Segmentation By Sales Channel, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 9: Global Washing Machines Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 10: Global Washing Machines Market, Segmentation By Application, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 11: Global Washing Machines Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 12: Global Washing Machines Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 13: Asia-Pacific Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 14: Asia-Pacific Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 15: Asia-Pacific Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 16: China Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 17: China Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 18: China Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 19: India Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 20: India Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 21: India Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 22: Japan Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 23: Japan Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 24: Japan Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 25: Australia Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 26: Australia Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 27: Australia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 28: Indonesia Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 29: Indonesia Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 30: Indonesia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 31: South Korea Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 32: South Korea Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 33: South Korea Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 34: Western Europe Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 35: Western Europe Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 36: Western Europe Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 37: UK Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 38: UK Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 39: UK Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 40: Germany Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 41: Germany Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 42: Germany Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 43: France Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 44: France Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 45: France Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 46: Eastern Europe Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 47: Eastern Europe Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 48: Eastern Europe Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 49: Russia Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 50: Russia Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 51: Russia Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 52: North America Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 53: North America Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 54: North America Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 55: USA Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 56: USA Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 57: USA Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 58: South America Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 59: South America Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 60: South America Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 61: Brazil Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 62: Brazil Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 63: Brazil Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 64: Middle East Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 65: Middle East Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 66: Middle East Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 67: Africa Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Figure 68: Africa Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 69: Africa Washing Machines Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 70: Global Washing Machines Market, Key Competitor Estimated Market Shares, 2020, Percentage (%)
    • Figure 71: Samsung Electronics Co ltd – Financial Performance, 2016 – 2020, $ Billion
    • Figure 72: IFB Industries Ltd – Financial Performance, 2016-2020, $ Billion
    • Figure 73: Whirlpool Corporation – Financial Performance, 2016-2020, $ Billion
    • Figure 74: LG Electronics – Financial Performance, 2016-2020, $ Billion
    • Figure 75: Robert Bosch GmbH– Financial Performance, 2016 - 2020, $ Billion
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