The US laundry appliances market is projected to grow from $8.10 billion in 2025 to $9.79 billion by 2030, with a compound annual growth rate of 3.86% during the forecast period.
According to a new report from Research and Markets, this growth will mostly be funded by increasing disposable income and improved living standards enabling the purchase of higher-quality products. Upgraded appliance design that incorporates smart technology – including advanced sensors and Internet of Things capabilities – will further improve the user experience.
“The market’s dependence on real estate growth, whether through purchase or rental refurbishments, is notable, with smaller appliances being favored due to diverse housing arrangements,” said the report. “Furthermore, the advent of smart home ecosystems, fueled by advanced IT infrastructures and evolving demographic profiles, presents new opportunities for growth. As smart homes become more prevalent, younger generations like millennials and Gen Zs are increasingly demanding smart appliances integrated with high-tech and eco-friendly features such as AI-enabled systems and energy-efficient components.”
