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Thailand - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 4, 2025

Thailand - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights

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Feb 4, 2025

In 2024, Thailand's Washing and Drying Machine Exports Fall to $440 Million

Thailand Washing and Drying Machine Exports

For the fourth consecutive year, Thailand recorded decline in shipments abroad of household washing and drying machines, which decreased by -11.9% to 1.9M units in 2024. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 28%. Over the period under review, the exports attained the peak figure at 4.5M units in 2016; however, from 2017 to 2024, the exports remained at a lower figure.

In value terms, washing and drying machine exports dropped markedly to $357M (IndexBox estimates) in 2024. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 42% against the previous year. As a result, the exports reached the peak of $1.1B. From 2018 to 2024, the growth of the exports remained at a somewhat lower figure.Thailand Washing and Drying Machine Exports By Country (Million USD)

COUNTRYExport Value of Washing and Drying Machine in Thailand (million USD)
2014201520162017201820192020202120222023
Vietnam74.594.511313815210594.089.297.092.6
Japan14994.810711515415913813213583.3
Australia10212610710079.372.178.862.370.860.6
United States17.73.412132914273.290.515372.530.8
South Korea5.89.517.874.211169.072.579.465.721.9
Indonesia47.426.223.524.130.818.920.226.624.021.1
Malaysia45.442.433.935.038.325.628.715.920.412.5
Others296292233260259199201202177117
Total7386897551,076966722724761662440

Exports by Country

Vietnam (522K units), Japan (310K units) and Australia (295K units) were the main destinations of washing and drying machine exports from Thailand, together comprising 51% of total exports. Indonesia, the United States, South Korea and Malaysia lagged somewhat behind, together accounting for a further 21%.

From 2014 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +11.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for washing and drying machine exported from Thailand were Vietnam ($93M), Japan ($83M) and Australia ($61M), with a combined 54% share of total exports. the United States, South Korea, Indonesia and Malaysia lagged somewhat behind, together accounting for a further 20%.

In terms of the main countries of destination, South Korea, with a CAGR of +15.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) (1.3M units) was the largest type of household washing and drying machines exported from Thailand, accounting for a 65% share of total exports. Moreover, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) exceeded the volume of the second product type, washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg (369K units), threefold. The third position in this ranking was taken by drying machines; of a dry linen capacity not exceeding 10kg (297K units), with a 15% share.

From 2014 to 2024, the average annual growth rate of the volume of washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) exports stood at -3.5%. With regard to the other exported products, the following average annual rates of growth were recorded: washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg (-16.2% per year) and drying machines; of a dry linen capacity not exceeding 10kg (+1.9% per year).

In value terms, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) ($249M) remains the largest type of household washing and drying machines exported from Thailand, comprising 70% of total exports. The second position in the ranking was held by washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg ($58M), with a 16% share of total exports. It was followed by drying machines; of a dry linen capacity not exceeding 10kg, with a 14% share.

From 2014 to 2024, the average annual rate of growth in terms of the value of washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) exports amounted to -3.8%. With regard to the other exported products, the following average annual rates of growth were recorded: washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg (-15.5% per year) and drying machines; of a dry linen capacity not exceeding 10kg (-0.9% per year).

Export Prices by Country

In 2024, the washing and drying machine price stood at $200 per unit in 2023 (FOB, Thailand), flattening at the previous year. Overall, export price indicated modest growth from 2014 to 2023: its price increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, washing and drying machine export price increased by +11.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 94% against the previous year. As a result, the export price attained the peak level of $324 per unit. From 2018 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Japan ($268 per unit), while the average price for exports to Indonesia ($134 per unit) was amongst the lowest.

From 2014 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for washing and drying machine in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27511300 - Cloth washing and drying machines, of the household type

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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