Research Methodology Baseline Methodology Ourdedicatedteamofindustryexpertshasmonitoredandanalyzedvariousaspectsofglobalwashingmachinemarket.Theteamhasanalyzed the outlook of various segments of this market, while considering the major influencing factors such as characteristics of washing machines, such as washing clothes, drying, heating and others, with numerous technological advancements leading to their higher efficiency, in terms of saving water and electricity, are few of the major factors driving the market during the estimated period. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in global washing machine market. Methodology Followed forCalculation of Market Size: • Market Size by Value and Volume: Market size, in terms of value and volume, for the year 2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as washing machine manufacturer and supplier companies, channel partners, market influencers & end users, industry experts, and other industry participants. • The team interviewed more than 15 – 20 washing machine manufacturers, supplier and distributor companies, 45 – 50 channel partners, 80 – 100 end users, and 15 – 20 industry experts and other value chain stakeholders in the global washing machine market to obtain the overall market size from 2016 to 2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size wasaveragedout,toarriveatthemarketsizedataduring2016-2020. 15
GLOBAL WASHING MACHINE MARKETFORECAST & OPPORTUNITIES 2026 Page 14 Page 16