The global household laundry care cabinets market is anticipated to grow at a CAGR of 7.2% during the forecast period (2022-2028).Household laundry care cabinets are generally used to store items such as soaps, detergents, and fabric softeners, among other laundry care products. Among the huge variety of cabinets available in the market such as those can be hung up on the walls, and some can simply rest on the floor – the hanged cabinets have gained substantial traction in the past few years. Laundry cabinets are available in different sizes and styles, owing to which they are one of the most purchased household items in cleaning segment. The market growth is majorly attributable to the growing public awareness related to cleanliness; hygiene coupled with the increasing disposable income of people all over the globe.
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These cabinets further provide the ease to the individuals to safely store all their laundry cleaning accessories. Further, due to the hectic lifestyle of people and the constant need to save time, they are shifting toward sophisticated tools and augmented household items such as household laundry care cabinets. Adding to this, increasing online sales of household laundry care cabinets is a key market trend anticipated to augment the market growth during the forecast period. For instance, as per the data given by the United Nations Conference on Trade and Development (UNCTAD), global e-commerce sales increased to $ 26.7 trillion in 2019, which was more than 4% over that in 2018.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product
- By Distribution Channel
- By Technology
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Whirlpool Corp., Electrolux AB, and LG Electronics Inc.,among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Household Laundry Care Cabinets Market Report by Segment
By Product
- Standalone
- Wall-Mounted
By Distribution Channel
- Online
- Offline
By Technology
- Vented Laundry Care Cabinets
- Heat Pump Laundry Care Cabinets
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