The dishwashers market size is expected to see strong growth in the next few years. It will grow to <b>$113.32 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. </b> The growth in the forecast period can be attributed to energy efficiency and sustainability, smart and connected appliances, health and hygiene, customization and aesthetics, demand from foodservice industry. Major trends in the forecast period include compact and drawer dishwashers, quiet operation, third rack design, integrated water heating, water conservation features.
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Segmentation & Regional Insights
The dishwashers market covered in this report is segmented –
1) By Product Type : Freestanding , Built-in
2) By Distribution Channel: Offline Store, Online Store
3) By Application : Commercial , Residential
<b>Asia-Pacific</b> was the largest region in the dishwashers market in 2023. <b>Western Europe</b> was the second-largest region in the dishwashers market. The regions covered in the dishwashers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increase in number of working populations are expected to increase the demand for dishwashers market. The working population has busy lifestyles, thus have less time to take care of household activities such as cleaning and washing. This arises the need for the convenient household appliances which save time and energy of households. Also due to COVID-19 lockdown, when domestic helps were not available, the demand for dishwashers has witnessed a sales surge in India. The increase in demand is mostly due to lack of time among working professionals during the lockdown period. For instance, according to Office for National Statistics, a-UK based independent producer of official statistics, the employment rate in the UK was expected to be 76.0% from February to April 2023, 0.2 percentage points higher than from November 2022 to January 2023. Therefore, the increase in number of working populations coupled with COVID-19 norms for social distancing has spurred the demand for growth of the dishwashers market during the period.
Key Industry Players
Major companies operating in the dishwashers market include <b>Electrolux AB, LG Electronics Inc., Whirlpool Corporation, Robert Bosch GmbH, AGA Rangemaster, Asko Appliances (part of Gorenje Group), Dacor Inc., Fagor America, Haier Group Corporation, Hoover Candy Group, Miele & Cie. KG, Arçelik A.Ş., Sears Brands (Sears Holdings Corporation), Samsung Group, General Electric (GE), Maytag Corporation, KitchenAid Inc., Sub-Zero Group Inc. (Cove), Frigidaire International, Moen Inc., InSinkErator (Emerson Electric), Viking Range LLC, Jackson WWS Inc., Danby Products Inc., SMEG USA Inc., Champion Industries Inc., Blomberg Appliances, Fisher & Paykel Appliances Ltd., Kenmore Appliances, Sharp Corporation, Thermador, Zanussi Group</b>
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