The global dishwasher market has been estimated to be US$ 34.70 billion in 2023 and is expected to reach US$ 43.33 billion by 2032, with the Compound Annual Growth Rate of 2.50% during the forecast period of 2024 to 2032. The market growth is attributed to the rise in a disposable income, changes in consumer preferences, and advancement in dishwasher products.Dishwasher Market was US$ 25.28 Billion in 2022
Dishwasher Market Overview
A dishwasher is an electric machine to wash dishes, cutlery, cookers, pans, vessels and many other utensils. It employs hot water, detergent and physical scrubbing to wash of food particles, grease and other stains. Today’s models contain different wash options, folding metal arms and energy star models. These units clean through washing the dishes with water and detergent, use the rotating spray arms and heat wash to eliminate bacteria and other microorganisms from the objects. Also, it has soiling control to records the dirtiness of the dishes and adapts the wash cycle respectively and has the option of saving energy and water.Dishwashers are also used differently across the globe with North America and western Europe being the biggest markets mainly because of convenience and time factors. In some parts of Asia, however, adoption has not been as swift because of cultural and space constraints along with small living areas, although use is steadily on the rise because of changing urban living situations and, of course, water scarcity. In the developing countries they are not very popular in homes but are widely used in the hotels and restaurants. There are various factors that have boosted the dishwasher market globally, the advancement in technology, changes in customers’ lifestyle and awareness on water and energy efficiency.
Growth Factors in the Dishwasher Industry
Technological advancements
Continual advances in technology have led to steady development in the dishwasher manufacturing business. Some of these include connecting the dishwasher to a Wi-Fi, voice control and the control of the dishwasher using the mobile application to monitor the progress of the dishwasher. It uses high technology sensors and artificial intelligence algorithms in management of water and energy to make certain that it is both effective and environmentally friendly. Novel washing features such as focused water spray and dedicated wash areas improve cleaning for complex foods and stains on dishes. Newer dishwaters have also come with even quieter motors and better insulation, meaning they can be installed in areas where people want to hear what is going on around them, such as in houses with an open plan. In addition, new technologies enhance user satisfaction, draw attention to tech-savvy consumers, contribute to the development of new markets and make existing users replace their appliances. Nov 2023, Hisense unveils the Smart Built-In Dishwasher with Autodose & Autodry, a smart dishwasher that features, data line liquid detergent auto-dousing and auto-dry door pop-out integrated in the U. S market.Changing lifestyles and urbanization:
The main drivers which can be seen are changing life styles and increase rate in urbanization that is driving the dishwasher market. Because the awareness of urbanization is rising and consumers have many demands on the time that they cannot spend on washing dishes manually, the probability of using dishwashers also rises. The modern families are concentrating at two working persons per family reducing the time to manually wash the dishes hence dishwashers are deemed to fit the market well. Moreover, the small floor area in urban markets has promoted innovation in dishwasher designs in that white, space-saving designs are common in apartments. Another factor is the greater reliance and consumption of eating out and takeaway services which in turn enhances the application of dishwashers in canteens and eating places. Besides, as the level of Awareness of hygiene rises especially as a result of world health issues, dishwashers are considered more hygiene than hand washing hence the increased use of dishwashers at home and in business establishments.Environmental consciousness and regulations:
The growth of the dishwasher business is a result of growing concerns of the environment and the enactment of strict energy standards. Due to demand from the consumers for the protection of environment, dish washers have evolved to be very efficient in its consumption of water and energy. Rules of displaying energy efficiency at home and eco-labeling programs have been established in many countries of the world for using more energy-efficient appliances. Such requirements are forcing governments to enactment policies that seek to eliminate older models from circulation; thus, ensuring that new and efficient, environmentally friendly models are on the market. It also concerns such aspects as environmentally friendly manufacturing and parts, for example, using recycled plastic in dishwashers’ parts, since buyer-conscious and legislative trends require it.Europe Dishwasher Market Overview:
Europeans are now inexorably more occupied than before, have admitted that they no longer have time for manual washing of dishes hence require dishwasher. Improved and water-efficient European dishwashers with efficiency standards of Energy Star are on the rise in the European market. Again, Europeans have higher disposable income and therefore the consumer will be more willing to purchase anything that will ease their lives, including appliances. Also, the segment of reliance on an online store should increase at a higher rate due to specified promotions and convenient shopping. In September 2023, Electrolux AB launched a new product in the compact dishwasher range that it called the 55cm UltimateCare 300 with eight place settings. This is free for basic installation in Western European countries and is accompanied by additional extras like the ‘Eco program mode’ and child lock system.Dishwasher Market Company Overview
Industry leaders seen in the Global Dishwasher Market Include Electrolux AB, Panasonic, Whirlpool, Robert Bosch Gmbh, Samsung, Siemens, LG Electronics, and Haiers.Dishwasher Market News
- April 2023: Haier aimed for a 33% turnover growth in 2023 and planned to invest USD 183 million for expansion by 2025.
- In November 2022, with the opening of a new dishwashing factory in Turkey, Haier Europe increased its production capacity. By making this step, Haier solidified its position as the leading appliance manufacturer in Europe and took the lead in a number of product categories.
- In November 2022, Whirlpool Corporation acquired InSinkErator, the largest producer of food waste disposers and instant hot water dispensers for residential and commercial use worldwide, from Emerson. Emerson now completely owns InSinkErator.
Product - Market breakup in 2 viewpoints:
- Freestanding
- Built-in
Application - Market breakup in 2 viewpoints:
- Commercial
- Residential
Distribution Channel - Market breakup in 2 viewpoints:
- Offline
- Online
Country - Market breakup in 25 viewpoints:
North America
- United States
- Canada
Europe
- France
- Germany
- Italy
- Spain
- United Kingdom
- Belgium
- Netherlands
- Turkey
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Malaysia
- Indonesia
- New Zealand
Latin America
- Brazil
- Mexico
- Argentina
Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
The key players have been covered from 5 viewpoints:
- Overviews
- Key Person
- Recent Developments & Strategies
- Product Portfolio & Product Launch in Last 1 Year
- Revenue
Company Analysis:
- Electrolux AB
- Panasonic
- Whirlpool
- Robert Bosch Gmbh
- Samsung
- Siemens
- LG Electronics
- Haiers
Table of Contents
1. Introduction2. Research & Methodology3. Executive Summary5. Global Dishwasher Market13. Merger & Acquisitions
4. Market Dynamics
6. Market Share Analysis
7. By Product
8. By Application
9. By Distribution Channels
10. Countries
11. Porter's Five Forces Analysis
12. SWOT Analysis
14. Key Players Analysis
Companies Mentioned
- Electrolux AB
- Panasonic
- Whirlpool
- Robert Bosch Gmbh
- Samsung
- Siemens
- LG Electronics
- Haiers
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 180 |
| Published | August 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 34.7 Billion |
| Forecasted Market Value ( USD | $ 43.33 Billion |
| Compound Annual Growth Rate | 2.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
