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2021
Dishwasher Market

Dishwasher Market

by Product (Built-in Dishwashers, Portable Dishwashers, and Drawer Dishwashers), Application (Households and Commercial), and Distribution Channel (Multi-brand Stores, Wholesalers, Specialty Stores, Online Retails, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
Update Available On-Demand

Report Code: A13877
Pages: 260
Oct 2021 | 5128 Views
Author(s) : Vidit G , Roshan D
Tables: 125
Charts: 67
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COVID-19

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The global dishwasher market size was valued at $ 25,370.0 million in 2020, and is estimated to reach $ 54,293.4 million by 2030, registering a CAGR of 7.5% from 2021 to 2030.

A dishwasher is a category of white goods that is commonly used for cleaning dishes in a household and commercial kitchen. Dishwashers gained considerable popularity in the developed markets of North America and Europe as the adoption of technologically advanced appliances is higher in these regions. The dishwashers offer effective cleaning to the commercial kitchens and household kitchens and thus have become very much popular in developing regions of Asia-Pacific.

Dishwasher Market

Rise in personal disposable income, surge in awareness regarding health &hygiene, busy &hectic lifestyle of the consumers, increase in the number of small &medium-sized restaurants, growth of the tourism industry, upsurge in the number of women employment, and growth in popularity of eating-out culture are some of the major factors that exponentially contribute toward the growth of the global dishwasher market. People are now increasingly adopting dishwashers and other such smart appliances in their kitchen to improve their living standard. Moreover, demand for technologically advanced appliances and demand for luxury goods have propelled the dishwasher market growth across the globe.

Rise in the number of hotels, restaurants, cafes, catering services, and bars have fueled the consumption of dishwashers across the globe. According to the National Restaurant Association, there were around 12.5 million restaurants in U.S. in 2020, out of which 90% restaurants have less than 50 employees that indicates the small and medium-sized restaurants. Around 70% of the restaurants have single-unit operations. The cheaper prices and compact design of the portable dishwashers caters to the cleaning purposes, budget restraints, and limited space issues of the small-sized restaurants. Therefore, the demand for the portable dishwasher is on the rise, which drives the dishwasher market demand.

People are actively involved in home improvement and decoration through various white goods products such as dishwasher. Increased personal disposable income and affordable credit facilities promote people to improve and design their kitchens. Growth in innovation in the home appliances sector has influenced people to replace their old model appliances with new smart appliances.

Dishwasher Market
By Product Type

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Portable dishwasher segment would exhibit the highest CAGR of 11.2% during 2021-2030 owing to its offerings of convenience and portability.

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The outbreak of the COVID-19 resulted in an increased awareness among the consumers regarding cleanliness and hygiene. This led to a rise in the demand for the dishwashers across the globe. According to LG India, it has witnessed 400% to 500% spike in the sales of the dishwashers. According to Voltas Beko, people were engaged in their regular household chores, without their supporting staff during the lockdown. This dramatically surged the demand for the dishwashers.

The dishwasher market is segmented into product type, application, distribution channel, and region. On the basis of product type, the dishwasher market is bifurcated into built-in dishwashers, portable dishwashers, and drawer dishwashers. By application, it is segregated into households and commercial. Depending on distribution channel, it is segregated into multi-brand stores, wholesalers, specialty stores, online retails, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Russia, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and rest of LAMEA).

Dishwasher Market
By Application

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Households segment would exhibit the highest CAGR of 10.3.3% during 2021-2030 due to rise in disposable income among the consumers in Asia-Pacific.

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According to the dishwasher market analysis, based on the product type, the built-in dishwashers accounted for 68.6% of the global dishwasher market share in 2020. This is primarily due to the higher adoption of built-in dishwashers in the households and commercial spaces of developed markets.

As per the dishwasher market forecast, based on the application, the households segment leads and is projected to be the fastest-growing owing to the growth in adoption of technologically advanced and cost-effective dishwashers in the households.

Dishwasher Market
By Distribution Channel

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Online retail segment would exhibit the highest CAGR of 11.2% during 2021-2030 due to increasing number of mobile users in Asia-Pacific and LAMEA.

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According to the dishwasher market trends, depending upon the distribution channel, online retail is expected to be the trending channel across the globe owing to the rise in penetration of internet, ease & convenience of shopping, and growth in popularity of online retail platforms such as Amazon, eBay, Walmart, and Flipkart.

Dishwasher Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 11.1% during 2021-2030 due to rapid adaption of westernization and growing economic condition of the consumers.

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Key Benefits for Stakeholders

  • The report provides a quantitative analysis of the global dishwasher market trends, estimations, and dynamics of the market size from 2020 to 2030 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis, the market size, and segmentation assist to determine the prevailingmarketopportunities.
  • The major countries in each region are mapped according to their revenue contribution to the market.
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the dishwasher industry.

Dishwasher Market Report Highlights

Aspects Details
BY PRODUCT TYPE
  • Built in Dishwashers
  • Portable Dishwashers
  • Drawer Dishwashers
BY APPLICATION
  • Households
  • Commercial
BY DISTRIBUTION CHANNEL
  • Multi-brand Stores
  • Wholesalers
  • Specialty Stores
  • Online Retails
  • Others
BY REGION
  • North America  (U.S, Canada, Mexico)
  • Europe  (UK, Germany, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Rest of LAMEA)
Key Market Players ASKO APPLIANCES AB, FAGOR ELECTRODOMÉSTICO, HAIER GROUP CORPORATION, LG ELECTRONICS INC., MIDDLEBY CORPORATION, MIELE & CIE. KG, ROBERT BOSCH GMBH, SAMSUNG ELECTRONICS CO., LTD., .WHIRLPOOL CORPORATION, BAUMATIC LTD.
 

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Premium consumer goods or dishwashers have seen popularity all around the world. The global dishwasher market exhibits high growth potential in the developing economies such as India andChina, owing to increase in personal disposable income and high expenditure on improvement of high standard ofliving. Growth in popularity of eating out culture and surge in the number of small-sized foodservice entities have fueled the dishwasher market.

In recent times, women empowerment has increased significantly in every sector, which results in every consumer looking for an easy life considering a daily task. Cleaning dishes manually includes gel, power, and scrubbing; however, the dishwasher makes this task easy. This fast moving life has created a big opportunity for dishwasher in the market.

Cleaning the stained and oily utensils is quite difficult manually and it is even time taking. However, the dishwasher launched by giant consumer electronics company LG has the capability to even clean utensils stained with oily food. The recently launched dishwasher by Haier Group Corporation helps prevent bacteria growth. This offers opportunities for the dishwasher market asCOVID-19 has changed the consumer behavior a lot.

In addition, the rapid expansion of the retail industry plays a major role in the distribution of goods. Multi-brand specialty stores have many brands for the single lineproduct segment, where people can compare their features and colors, which help them to take buyingdecisions. In 2019 and 2018, more than 8 million units of the dishwashers were sold in the U.S. market.

 

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