Market Forecast By Type (Freestanding dishwasher, Built-in dishwasher), By Application (Industrial, Residential), By Distribution Channel (Offline, Online), By Regions (Asia Pacific, North America, Latin America, Middle East, Africa And Europe) And Competitive Landscape
Product Code: ETC5928371 | Publication Date: Sep 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Report Name | Dishwasher Market |
Report Category / Coverage |
Global |
Forecast Period | 2024-2030 |
CAGR | 8.2% |
Market Size | USD 14.3 billion by 2030 |
Growing Sector | Residential |
Dishwasher Market report thoroughly covers the by type, by application, by distribution channel and by region. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The dishwasher market has been experiencing significant growth over the past few years. As of 2024, the global market is valued at approximately $9.3 billion. Further, the Global Market is projected to expand at a CAGR of 8.2% from 2024 to 2030. Additionally, by 2030, the market size is expected to reach around $14.3 billion.
The Dishwasher Market has seen steady growth over recent years, driven by increasing urbanization and a rising middle class globally. Dishwashers are among the many time- and convenience-saving household products that consumers are looking for. The market demand has been further stimulated by technological breakthroughs like the launch of smart dishwashers with IoT connectivity and energy-efficient versions. Due to their high penetration rates and consumers' preference for automated kitchen appliances, Europe and North America hold a dominant position in the market. However, because to rising living standards and increased awareness of convenience and hygiene, emerging markets in Latin America and Asia-Pacific are expanding significantly.
According to 6Wresearch, the Dishwasher Market revenue is expected to reach at a significant CAGR of 8.2% during the forecast period 2024-2030. Growing urbanization and shifting consumer lifestyles that prioritize efficiency and convenience are the main factors driving the market. The market is expanding as more people become aware of the advantages utilizing dishwashers has for the environment, namely how much less water they use when compared to hand cleaning. Dishwasher design developments and technological breakthroughs, including as energy-efficient versions and intelligent features, further promote acceptance among different demographic groups.
Numerous obstacles and factors influence the growth and development of the global dishwashing industry. The high initial and ongoing costs of dishwashers are one of the key obstacles, as they may discourage budget-conscious buyers, especially in poor nations. In addition, reliable electricity and water sources are necessary, which poses a challenge in places with inadequate infrastructure.
Companies like Whirlpool Corporation, Bosch, Electrolux, Samsung, LG Electronics, and Miele which is renowned for its superior engineering and dependable performance, takes great pleasure in its state-of-the-art models that are energy-efficient and appealing to clients who care about the environment. As environmental concerns get more attention, buyers are looking for energy-efficient versions that use less water and power. Leading brands in this trend are Bosch and Electrolux, which have introduced environmentally friendly technologies like soil sensors that change water usage according to the amount of dirt on dishes.
Governments in many parts of the world have imposed strict regulations on energy usage to guarantee that contemporary dishwashers use less electricity and water without sacrificing functionality. To encourage manufacturers to innovate and create more eco-friendly models, the European Union's Eco-design Directive, for example, requires dishwashers to fulfill specified energy and water efficiency criteria in order to be eligible for the EU energy label. Comparably, the Department of Energy (DOE) in the US has established rules requiring dishwashers to adhere to minimum efficiency requirements, which are updated on a regular basis to account for technological improvements. Thorough testing and certification procedures are used to check compliance with these laws, making sure that only compatible items are sold.
In the future years, the worldwide dishwasher market is expected to increase significantly because to factors such growing urbanization, rising disposable incomes, and consumer preference for smart household equipment. As a result of technological improvements, consumers who care about the environment may now choose between models that are more water and energy efficient. Furthermore, the addition of IoT (Internet of Things) is anticipated to completely transform dishwashing convenience by enabling smartphone-based remote monitoring and control. Because of the growing middle class and shifting lifestyle choices, emerging countries in Latin America and Asia-Pacific offer a wealth of development prospects. The Dishwasher Market is expected to grow as a result of these trends, providing consumers with cutting-edge solutions for routine household tasks.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6wresearch, the worldwide dishwasher market is dominated by the built-in dishwasher segment. Modern homeowners will appreciate the sleek and unified appearance that these appliances provide because they are made to blend in effortlessly with kitchen cabinets. Their appeal stems from their ability to combine practicality and style; they not only clean well but also conserve kitchen space. Advanced features like several wash cycles, energy-saving options, and noise reduction technology make built-in dishwashers an appealing alternative for consumers that prioritize convenience and performance. In the upcoming years, it is anticipated that the growing popularity of smart kitchens and rising consumer expenditure on home renovation would further support the need for built-in dishwashers.
The rapid lifestyle of modern homes and growing urbanization are driving factors in the worldwide dishwasher industry, particularly in the residential sector. The need for dishwashers in homes is growing as more families look for time-saving and convenient equipment. This industry is defined by a wide variety of goods, ranging from tiny countertop versions ideal for flats with little space to bigger, fully integrated units meant for expansive kitchen configurations. In this sector, smart connection and multifunctionality, together with energy efficiency, are important aspects that impact consumer choices. A greater awareness of water conservation and cultural trends towards gender-neutral household tasks are also factors in the global popularity of dishwashers in homes.
The rising use of online shopping channels has contributed significantly to the expansion of the worldwide dishwashing market. For dishwasher purchases, consumers are increasingly using e-commerce platforms because of the ease, extensive selection, and affordable prices offered by online retailers. Customers can make better judgments by using extensive product descriptions, user reviews, and price comparisons provided by major online retailers like Amazon, Alibaba, and specialty appliance e-stores. Manufacturers are also improving their online visibility by offering exclusive discounts, virtual consultations, and installation services on direct-to-consumer websites. Around the world, this thriving internet ecosystem is changing how people use and buy dishwashers.
North America is a large consumer and a prominent innovator in appliance technology, contributing significantly to the worldwide dishwashing market. The region's propensity for contemporary convenience, busy lifestyles, and high disposable incomes all contribute to the need for dishwashers. The built-in and portable dishwasher markets are largest in the United States and Canada, where they are widely used in both the residential and commercial sectors. In addition, American businesses are leading the way in implementing cutting-edge technologies that satisfy consumers who care about the environment, like smart connections and energy-efficient architecture. This cutting-edge technology not only satisfies regional demands but also establishes the benchmark for international dishwasher industry trends.
The market report has been segmented and sub segmented into the following categories:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Dishwasher Market Overview |
3.1. Dishwasher Market Revenues, 2020 & 2030F |
3.2. Dishwasher Market - Industry Life Cycle |
3.3. Dishwasher Market - Porter's Five Forces |
3.4. Dishwasher Market Revenue Share, By Type, 2020 & 2030F |
3.5. Dishwasher Market Revenue Share, By Distribution Channel, 2020 & 2030F |
3.6. Dishwasher Market Revenue Share, By Application, 2020 & 2030F |
3.7. Dishwasher Market Revenue Share, By Regions, 2020 & 2030F |
4. Dishwasher Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Dishwasher Market Trends |
6. Dishwasher Market, By Type |
6.1. Dishwasher Market, By Type |
6.1.1. Overview and Analysis |
6.1.2. Dishwasher Market Revenues,By Freestanding Diswasher, 2020 & 2030F |
6.1.3. Dishwasher Market Revenues, By Built-in Dishwasher, 2020 & 2030F |
7. Dishwasher Market, By Distribution Channel |
7.1. Dishwasher Market, By Distribution Channel |
7.1.1. Overview and Analysis |
7.1.2. Dishwasher Market Revenues, By Offline, 2020 & 2030F |
7.1.3. Dishwasher Market Revenues, By Online, 2020 & 2030F |
8. Dishwasher Market, By Application |
8.1. Dishwasher Market, By Application |
8.1.1. Overview and Analysis |
8.1.2. Dishwasher Market Revenues, By Industrial 2020 & 2030F |
8.1.3. Dishwasher Market Revenues, By Residential, 2020 & 2030F |
9. Latin America Dishwasher Market |
9.1. Latin America Dishwasher Market, By Type |
9.2. Latin America Dishwasher Market, By Distribution Channel |
9.3. Latin America Dishwasher Market, By Application |
9.4. Latin America Dishwasher Market, By Countries |
10. North America Dishwasher Market |
10.1. North America Dishwasher Market, By Type |
10.2. North America Dishwasher Market, By Distribution Channel |
10.3. North America Dishwasher Market, By Application |
10.4. North America Dishwasher Market, By Countries |
11. Middle East Dishwasher Market |
11.1. Middle East Dishwasher Market, By Type |
11.2. Middle East Dishwasher Market, By Distribution Channel |
11.3. Middle East Dishwasher Market, By Application |
11.4. Middle East Dishwasher Market, By Countries |
12. Europe Dishwasher Market |
12.1. Europe Dishwasher Market, By Type |
12.2. Europe Dishwasher Market, By Distribution Channel |
12.3. Europe Dishwasher Market, By Application |
12.4. Europe Dishwasher Market, By Countries |
13. Africa Dishwasher Market |
13.1. Africa Dishwasher Market, By Type |
13.2. Africa Dishwasher Market, By Distribution Channel |
13.3. Africa Dishwasher Market, By Application |
13.4. Africa Dishwasher Market, By Countries |
14. Asia Pacific Dishwasher Market |
14.1. Asia Pacific Dishwasher Market, By Type |
14.2. Asia Pacific Dishwasher Market, By Distribution Channel |
14.3. Asia Pacific Dishwasher Market, By Application |
14.4. Asia Pacific Dishwasher Market, By Countries |
16. Dishwasher Market Key Performance Indicators |
17. Dishwasher Market - Opportunity Assessment |
17.1. Dishwasher Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
17.2. Dishwasher Market Opportunity Assessment, By Type, 2020 & 2030F |
18. Dishwasher Market - Competitive Landscape |
18.1. Dishwasher Market Revenue Share, By Companies, 2023 |
18.2. Dishwasher Market Competitive Benchmarking, By Operating and Technical Parameters |
19. Company Profiles |
20. Recommendations |
21. Disclaimer |