Report Update Nov 1, 2024

Kuwait - Washing, Bleaching or Dyeing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Laundry Machine Market 2024

Laundry Machine Market Size in Kuwait

After five years of growth, the Kuwaiti laundry machine market decreased by -36.1% to $X in 2021. Over the period under review, consumption, however, posted prominent growth. Over the period under review, the market hit record highs at $X in 2020, and then declined markedly in the following year.

Laundry Machine Exports

Exports from Kuwait

In 2021, overseas shipments of washing, bleaching or dyeing machines decreased by -84% to X units for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, saw a measured increase. The most prominent rate of growth was recorded in 2019 with an increase of 175% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020, and then declined dramatically in the following year.

In value terms, laundry machine exports shrank notably to $X in 2021. Over the period under review, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2019 when exports increased by 134%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Iran (X units), Ethiopia (X units) and the United Arab Emirates (X units) were the main destinations of laundry machine exports from Kuwait. Moreover, laundry machine exports in Iran exceeded the figures recorded by the second-largest exporter, Ethiopia, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Iran ($X) remains the key foreign market for washing, bleaching or dyeing machines exports from Kuwait, comprising 60% of total exports. The second position in the ranking was taken by Ethiopia ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Iran totaled +18.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (0.0% per year) and the United Arab Emirates (-4.1% per year).

Export Prices by Country

In 2021, the average laundry machine export price amounted to $X per unit, picking up by 213% against the previous year. Overall, the export price continues to indicate a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Iran ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+16.8%), while the prices for the other major destinations experienced a decline.

Laundry Machine Imports

Imports into Kuwait

In 2021, after five years of growth, there was significant decline in overseas purchases of washing, bleaching or dyeing machines, when their volume decreased by -46.5% to X units. Overall, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 211%. Over the period under review, imports reached the peak figure at X units in 2020, and then fell rapidly in the following year.

In value terms, laundry machine imports reduced dramatically to $X in 2021. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 230%. Over the period under review, imports reached the maximum at $X in 2020, and then dropped notably in the following year.

Imports by Country

In 2021, Spain (X units) constituted the largest laundry machine supplier to Kuwait, with a 80% share of total imports. Moreover, laundry machine imports from Spain exceeded the figures recorded by the second-largest supplier, India (X units), sevenfold. Turkey (X units) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+19.6% per year) and Turkey (-4.4% per year).

In value terms, Spain ($X), India ($X) and Turkey ($X) were the largest laundry machine suppliers to Kuwait, together accounting for 59% of total imports.

India, with a CAGR of +65.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average laundry machine import price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. In general, the import price, however, showed a buoyant increase. The growth pace was the most rapid in 2015 when the average import price increased by 85% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for washing, bleaching or dyeing machines in the world?

The countries with the highest volumes of laundry machine consumption in 2020 were Taiwan Chinese), Italy and Indonesia, with a combined 34% share of global consumption. These countries were followed by Vietnam, Uzbekistan, Iran, Japan, Switzerland, Greece, South Korea, Germany, Bangladesh and Turkey, which together accounted for a further 38%.

What are the largest producers of washing, bleaching or dyeing machines in the world?

The countries with the highest volumes of laundry machine production in 2020 were Taiwan Chinese), China and Italy, together comprising 57% of global production. Turkey, Germany, South Korea and Greece lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of washing, bleaching or dyeing machines to Kuwait?

In value terms, Italy constituted the largest supplier of laundry machine to Kuwait, comprising 35% of total imports. The second position in the ranking was occupied by South Korea, with a 2.7% share of total imports.

What are the leading importers of washing, bleaching or dyeing machines from Kuwait?

In value terms, Iran $862) remains the key foreign market for laundry machine exports from Kuwait, comprising 67% of total exports. The second position in the ranking was occupied by Saudi Arabia $260), with a 20% share of total exports.

What is the average export price for washing, bleaching or dyeing machines in Kuwait?

In 2020, the average laundry machine export price amounted to $41 per unit, declining by -54.3% against the previous year.

What is the average import price for washing, bleaching or dyeing machines in Kuwait?

The average laundry machine import price stood at $3,037 per unit in 2020, picking up by 127% against the previous year.

This report provides an in-depth analysis of the laundry machine market in Kuwait. 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 28942150 - Washing, bleaching or dyeing machines (including wringers and mangles, shaker-tumblers, excluding household or laundry-type washing machines)

Country coverage:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023