Increasing demand from residential as well as commercial sector and growing popularity of modular kitchen are acting as key factors for the growth of global dishwasher market.
According to TechSci Research report, “Global Dishwasher Market By Product Type (Freestanding Dishwasher, Built-In Dishwasher), By Application (Industrial Dishwasher Vs Residential Dishwasher), By Distribution Channel (Hypermarket/Supermarket, Specialist Stores, Monobrand Stores, Online & Others), By Region, Forecast & Opportunities, 2025”, the market is expected to undergo a substantial growth during the forecast period. Key factors propelling the growth of global dishwasher market are rising number of the working population, increasing disposable incomes and growing popularity of modular kitchens owing to space constraints. Moreover, the demand for energy efficient electric home appliances and rise in adoption of connected home appliances are also serving as some other major factors behind the spike in demand for dishwashers around the world. Manufacturers are also involved in extensive R&D activities to develop technologically advanced, innovative, and user-friendly dishwashers to meet the growing requirement. Also, dishwashers are gaining increasing demand from both commercial as well as residential sector which is expected to further propel the market growth in coming years.
Additionally, the rising focus on water conservation is creating high demand for water efficient dishwashers and is pushing manufactures to introduce more such products. Similarly, product innovations including features such as shine enhancers, glass protection, rinse aid, LED touch panels and soundproof are supporting the growth of global dishwasher market. Apart from this, infrastructural development and improving living standards in developing countries like India and Indonesia are anticipated to augment the growth of global dishwasher market through 2025. Furthermore, leading dishwasher manufacturers are introducing localized product depending on the need of consumers from a particular region or country. This is also expected to boost the global dishwasher market growth.
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The global dishwasher market can be segmented based on product type, application, distribution channel and region. Based on product type, the market can be categorized into freestanding dishwashers and built-in dishwashers. Among them, the built-in dishwashers are expected to hold dominance in global market during the forecast period as they can fit in really compact places and are increasingly being adopted in modular kitchens. Also, built-in dishwashers are gaining high demand from both commercial and residential sector which is why the segment is the leading among the two product types.
Based on application, global dishwasher market can be segmented into industrial dishwashers and residential dishwashers. Among the two, the residential dishwasher segment is expected to undergo fastest CAGR during the forecast period owing to fast paced lifestyle and growing penetration of household electrical appliances. Moreover, the increasing spending on modular and designer kitchen are expected to create high demand for dishwashers from residential sector.
Major players operating in the global dishwasher market are Haier Group Corporation, Electrolux AB, Aga Rangemaster Group, LG Electronics Inc., Whirlpool Corporation, Robert Bosch GmbH, Fagor Electrodomésticos, Samsung Group and Asko Appliances AB, among others. Key growth strategies being adopted by leading market players are new product launches, partnerships, mergers & acquisitions and collaborations.
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“North America is one of the leading market for dishwasher followed by Europe. The high per capita disposable income, availability of advanced technologies and presence of leading market players in countries like United States and Canada makes North America a lucrative market for dishwasher manufactures. However, Asia Pacific is expected to hold significant growth in coming years owing to large consumer base and introduction of localized products based on the specific needs of consumers,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Dishwasher Market By Product Type (Freestanding Dishwasher, Built-In Dishwasher), By Application (Industrial Dishwasher Vs Residential Dishwasher), By Distribution Channel (Hypermarket/Supermarket, Specialist Stores, Monobrand Stores, Online & Others), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of dishwasher market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global dishwasher market.
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