The global portable dishwasher market size was valued at $4,594.3 million in 2020, and is projected to reach $9,829.1 million by 2030, registering a CAGR of 9.9%. Asia-Pacific was the highest revenue contributor, accounting for $2,092.7 million in 2020.
A dishwasher is a machine for cleaning dishware and cutlery automatically. This machine does not need any kind of supervision, which saves time. Portable dishwashers are not only a necessity in developed countries but they are also luxury that are being used by consumers of developing nations.
It is expected that focus on R&D will increase during the forecast period, as companies are expected to offer products that are better than their rivals. Manufacturers of home appliances products are focused on the positioning their brands better to improve their sales.
Exponential increase in population density in metro cities has been majorly driving the growth of the kitchen appliances market. People are majorly migrating from rural areas to metro cities in the search of job opportunities and plan to settle there permanently. This migration creates huge opportunities for real estate, hotels & restaurants, hospitals, and clinics, where various kitchen appliances products are required.
Rise in urbanized population creates huge demand for white goods such as dishwasher, air conditioners, refrigerators, vacuum cleaners, and water heaters, as populace living in metro is considerably seeking for high standard of living.
People are actively involving themselves in home improvement by installing smart appliances such as portable dishwasher, smart refrigerators, air conditioners, and vacuum cleaners. Furthermore, increase in personal disposable income and affordable credit facilities are promoting people to improve and design their living rooms and kitchens, thus augmenting the demand for portable dishwashers. In addition, increase in innovation in home appliances is promoting people to replace their old model appliances with new smart appliances, which is anticipated to foster the growth of the global portable dishwasher market.
By Price-range
Luxury segment would witness the fastest growth, registering a CAGR of 10.9% during the forecast period.
According to the portable dishwasher market analysis, the market is segmented on the basis of price-range, end use, distribution channel, and region. Depending on price-range, the market is divided into economy, mid-range, and luxury. By end user, it is segregated into residential and commercial. According to distribution channel, it is divided into supermarket & hypermarket, specialty store, convenience store, e-commerce, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, Singapore, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, the UAE, Nigeria, Saudi Arabia, South Africa, and rest of LAMEA).
On the basis of price-range, the economy segment accounted for the maximum share in the global portable dishwasher market in 2020, and is expected to remain dominant during the portable dishwasher market forecast period. Economy pricing is based on a low-cost approach. Moreover, it assists businesses to survive in times of economic uncertainty by allowing them to establish lower pricing that appeal consumers who are financially pressured. Hence, this type of price tag is preferred across globe.
By End-use
Residential Segment witnssed a major growth rate of 10.5%
On the basis of end-use, the commercial segment accounts to higher value share. Increase has been witnessed in the demand for commercial kitchen appliances such as dishwasher due to rise in number of food service establishments especially in the emerging countries such as India and China. The hectic lifestyle and busy schedule accelerate the trend of dining out at cafes, restaurants, hotels, and similar other food establishments, which, in turn, supplements the growth of the food service industry.
On the basis of distribution channel, the supermarket/hypermarket segment held the significant Portable Dishwasher market share in 2020. Supermarket/hypermarket is gaining popularity due to the availability of broad range of consumer goods under a single roof, in addition to ample parking space and convenient operation timings. Consumers across the globe prefer to buy products that are on sale. Moreover, products are arranged nearby, which aids buyers for easy comparison among similar products, thereby helping consumers to decide which product to buy.
By Distribution Channel
Supermarket/Hypermarket Segment held the major share of 44.9% in 2020
On the basis of region, Asia-Pacific dominated the portable dishwasher market in 2020, and accounted for maximum market share. Rapid urbanization and high standard of living especially in the developing countries including India and China are driving the growth of the portable dishwasher market in Asia-Pacific. Rise in disposable income and high spending on home improvement are some of the major factors positively influencing the market growth. People in India are replacing old household appliances with smart and advanced appliances, which is further creating huge demand for portable dishwasher.
Players in the Portable Dishwasher market have adopted business expansion and product launch as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in the report include Danby, Electrolux AB, Haier lnc., Havells India Limited, LG Electronics Inc., Midea Group, Panasonic Corporation, Samsung Electronics Co. Ltd., the Middleby Corporation, and Whirlpool Corp.
By Region
North America held the major share of 45.5% in 2020
Key benefits for stakeholders
- The report provides quantitative analysis of the current portable dishwasher market trends, estimations, and dynamics of the market size from 2020 to 2030 to identify the prevailing portable dishwasher market 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 and the market size & segmentation assist to determine the market potential.
- 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 portable dishwasher industry.
Key market segments
By Price-Range
- Economy
- Mid-range
- Luxury
By End-use
- Commercial
- Residential
By Distribution Channel
- Supermarket/Hypermarket
- Specialty Stores
- Convenience Stores
- E-commerce
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- Australia
- South Korea
- Thailand
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Nigeria
- Saudi Arabia
- South Africa
- Rest of LAMEA
Portable Dishwasher Market Report Highlights
Aspects | Details |
By PRICE-RANGE |
|
By END-USE |
|
By DISTRIBUTION CHANNEL |
|
By Region |
|
Key Market Players | HAVELLS INDIA LIMITED, Whirlpool Corp., ELECTROLUX AB, Haier lnc., Midea Group, SAMSUNG ELECTRONICS CO. LTD., THE MIDDLEBY CORPORATION, Danby, LG ELECTRONICS INC., Panasonic Corporation |
Analyst Review
According to the insights of CXO perspective, rapid expansion of the retail industry plays a major role in the distribution of white goods products such as portable dishwashers. It is becoming more important to make portable dishwasher available to the consumers. Specialty stores and supermarket & hypermarkets are expanding rapidly, owing to the availability of enormous options for consumers to choose from. Multi-brand specialty stores have many brands for the single line product segment, where people can compare their features and colors, which help them to take buying decisions.
Increase in number of commercial & government complexes in various end user industries of the white goods products such as hotels & restaurants, food outlets, hospitals & clinics, and cleaning agencies is creating huge demand for air conditioners, portable dishwasher, washing machines, microwave ovens, and vacuum cleaners. People are actively taking interest in the improvement of homes and kitchens with smart home appliances, which is further contributor to the growth of the portable dishwasher market during the forecast period.
However, lack of proper electrification in rural areas and distribution of channels is the major challenge for growth of the portable dishwasher market in the rural sector. Manufacturers need to address correct requirements of rural consumers and accordingly design portable dishwashers, which acts as a major challenge for portable dishwasher manufacturers. The key players in the industry are focusing on investing on product development to provide additional benefits to the consumer. They have integrated the sensor and features to the product which can be connected to smartphones to monitor the levels in the portable dishwasher.
At 9.9% CAGR, the Portable Dishwasher market will expand from 2021 – 2030.
The market value of Portable Dishwasher market by the end of 2030 is $9,829.1 million.
Exponential increase in population density in metro cities, increase in personal disposable income and affordable credit facilities are promoting people to improve and design their living rooms and kitchens are the impacting factors of the Portable Dishwasher market.
The leading players profiled in the report include Danby, Electrolux AB, Haier lnc., Havells India Limited, LG Electronics Inc., Midea Group, Panasonic Corporation, Samsung Electronics Co. Ltd., the Middleby Corporation, and Whirlpool Corp.
Price-range, end use and distribution channel are the segments of the Portable Dishwasher market.
Business expansion and product launch as their key developmental strategies of the Portable Dishwasher market players.
Commercial segment held the major share in the Portable Dishwasher Market.
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