Global Electronics market

The global Electronics eCommerce market is expected to increase over the next years. It is predicted to reach US$1,221,216.3 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 7.5%. ECDB considers the following two sub-markets within the Electronics market: Consumer Electronics and Electrical Appliances. Consumer Electronics is the largest sub-market and accounts for 59.1% of the global Electronics market.

Market development

eCommerce revenue development in the global Washing Machines market

The global Washing Machines eCommerce market is expected to increase over the next years. It is predicted to reach US$95,348.0 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 7.5%. The Washing Machines eCommerce market is a sub-market of the Household Appliances market and accounts for 22.0% within this market. Further categories within the Household Appliances market are: Cookers & Ovens, Dishwashers, Other Household Appliances, Refrigerators, Small Kitchen Appliances, and Vacuum Cleaners.

eCommerce revenue development in the global Washing Machines market

in million US$

eCommerce revenue growth in the global Washing Machines market

in %

Net eCommerce revenue split by sub-category

in %
2020 2021 2022 2023 2024 2025 2026 2027
Revenue (in mUS$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 32.0 81.3 68.6 34.3 30.8 16.2 15.9 27.8

Online share

eCommerce online share of the total Washing Machines market

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the global Washing Machines retail market, the online share is 39.5% and will increase by an average of 8.5% to 54.8% by 2028.

eCommerce online share of the total Washing Machines market

in %
2020 2021 2022 2023 2024 2025 2026 2027
Online share (in %) 89.1% 29.9% 54.7% 29.0% 7.3% 74.8% 34.5% 49.0%

Market definition

Definition of the Washing Machines market within the Electronics market

Market definition: Electronics > Electrical Appliances > Household Appliances > Washing Machines The category Washing Machines includes the online trade of front-loading washing machines, top-loading washing machines, washer-dryer combos, and more. This category does not cover dryers and commercial and industrial washing machines. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Front-loading washing machines
  • Top-loading washing machines
  • Washer-dryer combos
  • Steam washing machines

Out-of-scope

  • Dryers
  • Commercial and industrial washing machines