Home laundry appliances is expected to grow well supported by a stronger economy and increase in consumer purchasing power. Smart technology in laundry appliances will stimulate volume growth as these allow individuals to control features such as wash cycles and more energy efficient appliances that help consumers to save on energy costs.
Built-in laundry appliances are set to experience growth with the support of housing property developers bringing in the built-in features to new homes and making washing machines more convenient for consumers. Smart technology will also contribute to the growth of home laundry appliances as consumers seek convenience and privacy.
The cultural tradition of handwashing clothes will remain prevalent in Nigeria over the forecast period, creating a barrier to the development of home laundry appliances. Nonetheless, rising employment and urbanisation will bring about gradual change in the country, supported by a growing younger generation who seek convenience when performing household tasks like laundry.
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Understand the latest market trends and future growth opportunities for the Home Laundry Appliances industry in Nigeria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Laundry Appliances industry in Nigeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Laundry Appliances
Home laundry appliances includes the following categories: automatic dryers, automatic washing machines, automatic washer dryers and semi-automatic washing machines.
See all of our definitionsThis report originates from Passport, our Home Laundry Appliances research and analysis database.
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