Product Code: ETC101324 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The washing machine market in Thailand is estimated to be worth US$1.5 billion in 2025, with an estimated annual growth rate of 4.4%. The majority of washing machines are purchased by consumers at large supermarkets and department stores, followed by small local retailers. More than 80% of washing machines sold in Thailand are domestic models whereas imported products account for only 20%. Top brands include LG Electronics, Toshiba, Panasonic, Electrolux and Samsung.
The Thailand washing machine market is driven by factors such as urbanization, changing lifestyles, and the demand for convenience. As more households move toward modern living, the need for efficient and time-saving appliances like washing machines increases. Additionally, advancements in technology, energy efficiency, and the availability of various washing machine models cater to diverse consumer preferences, contributing to the market`s growth.
The Thailand washing machine market faces challenges related to increasing competition and changing consumer preferences. With various brands and models available, manufacturers must continually innovate and offer value-added features to stand out in the market. Additionally, the rising trend of environmental awareness places pressure on the industry to develop energy-efficient and sustainable washing machines to address concerns about resource consumption and environmental impact.
The Covid-19 pandemic had a significant impact on the Thailand washing machine market. As lockdowns were implemented and consumer spending patterns shifted, the demand for appliances such as washing machines experienced fluctuations. During the initial phases of the pandemic, there was a surge in demand as consumers spent more time at home and focused on domestic needs. However, economic uncertainties and reduced disposable income in some segments led to a slowdown in demand later on. Manufacturers faced supply chain disruptions and labor shortages, affecting production and distribution. As the situation evolved, increased hygiene awareness also led to higher expectations for washing machine performance. The market`s recovery was influenced by government policies, consumer sentiments, and changes in work-from-home dynamics.
Prominent participants in the Thailand washing machine market include ApplianceTech Ltd., ThaiWashTech Solutions, and HomeAppliances Innovations. These companies specialize in the manufacturing and distribution of washing machines for household and commercial use. Their commitment to innovation, energy efficiency, and user convenience positions them as significant contributors to the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Washing Machine Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Washing Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Washing Machine Market - Industry Life Cycle |
3.4 Thailand Washing Machine Market - Porter's Five Forces |
3.5 Thailand Washing Machine Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Washing Machine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Thailand Washing Machine Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Thailand Washing Machine Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.9 Thailand Washing Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Washing Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Washing Machine Market Trends |
6 Thailand Washing Machine Market, By Types |
6.1 Thailand Washing Machine Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Washing Machine Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 Thailand Washing Machine Market Revenues & Volume, By Fully automatic, 2018 - 2031F |
6.1.4 Thailand Washing Machine Market Revenues & Volume, By Semi-automatic, 2018 - 2031F |
6.1.5 Thailand Washing Machine Market Revenues & Volume, By Dryers, 2018 - 2031F |
6.2 Thailand Washing Machine Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Thailand Washing Machine Market Revenues & Volume, By Smart connected washing machine, 2018 - 2031F |
6.2.3 Thailand Washing Machine Market Revenues & Volume, By Conventional washing machine, 2018 - 2031F |
6.3 Thailand Washing Machine Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Thailand Washing Machine Market Revenues & Volume, By Below 6 kg, 2018 - 2031F |
6.3.3 Thailand Washing Machine Market Revenues & Volume, By 6.1 to 8 kg, 2018 - 2031F |
6.3.4 Thailand Washing Machine Market Revenues & Volume, By Above 8 kg, 2018 - 2031F |
6.4 Thailand Washing Machine Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Thailand Washing Machine Market Revenues & Volume, By Commercial, 2018 - 2031F |
6.4.3 Thailand Washing Machine Market Revenues & Volume, By Residential, 2018 - 2031F |
6.5 Thailand Washing Machine Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Thailand Washing Machine Market Revenues & Volume, By Healthcare, 2018 - 2031F |
6.5.3 Thailand Washing Machine Market Revenues & Volume, By Hospitality, 2018 - 2031F |
6.5.4 Thailand Washing Machine Market Revenues & Volume, By Others, 2018 - 2031F |
7 Thailand Washing Machine Market Import-Export Trade Statistics |
7.1 Thailand Washing Machine Market Export to Major Countries |
7.2 Thailand Washing Machine Market Imports from Major Countries |
8 Thailand Washing Machine Market Key Performance Indicators |
9 Thailand Washing Machine Market - Opportunity Assessment |
9.1 Thailand Washing Machine Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Washing Machine Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Thailand Washing Machine Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Thailand Washing Machine Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.5 Thailand Washing Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Washing Machine Market - Competitive Landscape |
10.1 Thailand Washing Machine Market Revenue Share, By Companies, 2024 |
10.2 Thailand Washing Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |