Market Research Future (MRFR) has published on the “Global Dishwasher Market”.
Dishwasher market is estimated to register a CAGR of 5.20% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global dishwasher market - Whirlpool Corporation, BSH Hausgeräte GmbH, LG, Midea Group, General Electric, SAMSUNG, Siemens, AGA Rangemaster Group, Miele, Godrej, and Other.
Dishwasher Market Highlights
The global dishwasher market is accounted to register a CAGR of 5.20% during the forecast period and is estimated to reach USD 11.362 billion by 2032.
The growing market for dishwashers over the past few years is due to their increasing popularity as a means of saving time, money, and labor. In addition, the hectic schedules of professionals in the workforce and the growing significance of conserving water encourage the use of kitchen appliances, which in turn drives up demand for dishwashers and hence the market for them. Moreover, the market for dishwashers is expanding because to rising product innovation, such as those that are connected with sensors and provide cutting-edge features like smartphone connectivity.
Access full report @ https://www.marketresearchfuture.com/reports/dishwasher-market-20667
Segment Analysis
The global dishwasher market has been segmented into type, technology, capacity, end-user, and distribution channel.
On the basis of type, the market is segmented into Free-standing, Integrated / Built-in, and Semi-integrated. The free-standing segment was attributed to holding the largest market share in 2022. Because of their easy mobility, clients prefer the products. Commercial clients generally favor these products because of their convenience of mobility. Typically, cutting boards or countertop materials are stacked on top of the machine, giving customers more storage room when using standalone goods.
Based on technology, the global dishwasher market has been segmented into Smart and Standard. The standard segment was expected to hold the largest market share in 2022 because of the rise in consumer demand for dependable and easy-to-use appliances. Improvements in cleaning technologies, water and energy efficiency, and smart features that boost general convenience and connectivity are some of the factors driving this expansion.
On the basis of capacity, the market is segmented into Less than 10 Place Settings, 11 - 14 Place Settings, and Above 14 Place Settings. The 11 – 14 place settings segment was attributed to holding the largest market share in 2022 attributed to growing household sizes, hectic lifestyles, and increased awareness of water and energy efficiency. Customers are searching for dishwashers with larger capacities in order to accommodate more dishes and reduce the number of cycles needed.
On the basis of end-user, the market is segmented into Residential, Commercial (Hotels & Restaurants, Office and School, Canteens and Others {Catering Service, etc.}). The commercial segment was attributed to holding the largest market share in 2022. Restaurants, bars, motels, and cafés are among the commercial foodservice businesses that have seen a noticeable surge in the use of the device due to its ability to clean a broad variety of plates and glasses. For food services to ensure the hygienic and sanitary conditions required to ensure a successful operation of the business, dishwashers have shown to be a useful tool.
Based on distribution channel, the global dishwasher market has been segmented into Online (E-commerce Websites, Company-owned Websites) and Offline (Large Format Stores, Specialty Stores, Independent Retailers). The offline segment was expected to hold the largest market share in 2022. One of the key attractions for customers to shop at offline retailers will continue to be the extensive selection of products offered by hypermarkets, supermarkets, and specialized stores.
Regional Analysis
The global dishwasher market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe dishwasher market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The dishwasher market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World dishwasher market comprises of Middle East, Africa, and Latin America.
The largest market share for dishwasher was maintained by the North American regional sector the desire for contemporary and energy-efficient home appliances is fueled by factors like high disposable incomes and a robust culture of home ownership and refurbishment. The area also boasts a strong retail infrastructure, a highly aware consumer base, and a predilection for luxury dishwasher brands. North America's dominance in the dishwasher market is further strengthened by the launch of cutting-edge and creative dishwasher models, as well as the presence of major players in the industry.
Moreover, the Europe market has been persistently growing over the forecast period. Considering shifting consumer lifestyles and rising disposable budgets, which have increased demand for contemporary appliances. In addition, the number of people living in cities is growing, and this has led to a rise in the need for energy- and space-efficient appliances like dishwashers.
Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period because of the existence of a robust customer base. One of the main forces behind regional growth is rising awareness of hygiene. The Asia Pacific region's product offering has also expanded due to the swift influx of global brands into China and other South Asian economies.
Furthermore, the rest of the world's dishwasher market is divided into the Middle East, Africa, and Latin America. The rest of world’s dishwasher industry is expanding due to consumers' growing desire for a hassle-free lifestyle and the expanding industrial use of dishwashers. Dishwasher sales are predicted to increase in the area due to notable changes in living standards and increased urbanization.
Key Findings of the Study
- The global dishwasher market is expected to reach USD 11.362 billion by 2032, at a CAGR of 5.20% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market. The growing awareness of cleanliness is one of the primary drivers of regional growth.
- Based on distribution channel, the offline segment was attributed to holding the largest market in 2022, with an approximate market share of 55%.
- Whirlpool Corporation, BSH Hausgeräte GmbH, LG, Midea Group, General Electric, SAMSUNG, Siemens, AGA Rangemaster Group, Miele, Godrej, and Other.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Companies Covered | 15 |
Pages | 128 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.