Dishwasher Market Size
| Study Period | 2020 - 2029 |
| Market Size (2024) | USD 36 Billion |
| Market Size (2029) | USD 40.73 Billion |
| CAGR (2024 - 2029) | 2.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Dishwasher Market Analysis
The Dishwasher Market size is estimated at USD 36 billion in 2024, and is expected to reach USD 40.73 billion by 2029, growing at a CAGR of 2.5% during the forecast period (2024-2029).
Consumer lifestyle shifts, along with the rising adoption of modular kitchens and connected home appliances, are significant driving forces behind the global dishwasher market's growth. Additionally, higher disposable incomes and the influence of Western lifestyles contribute to increased demand worldwide.
Technological advancements and product accessibility play pivotal roles in shaping consumer preferences, particularly in developing economies where convenience is paramount. In the Asia-Pacific region, the surge in Western lifestyle adoption is expected to propel dishwasher sales. Manufacturers are actively innovating in electronic kitchen appliances, enhancing product functionality to align with consumer needs.
Recent investments in product development aim to offer enhanced benefits to consumers, such as smartphone connectivity for monitoring detergent levels and wash cycles. Additionally, localized product offerings cater to specific regional preferences. Notable market drivers and opportunities include further innovation in dishwasher technology, addressing sustainability concerns and hygiene standards, and tapping into emerging markets' urbanization and rising disposable incomes. These factors position the dishwasher market for continued growth and evolution, meeting the evolving demands of consumers worldwide.
Dishwasher Market Trends
Product Innovations are Augmenting the Market Growth
Product innovations and technological developments allow key players to promote their products and services by considering country-specific requirements, which are likely to change market dynamics in the upcoming years. The developments that are being made in the dishwashers are providing better mechanics for dishwashing, manufacturing machines that produce minimum sound, incorporating sensors and features that will enable them to connect to smartphones, and developing a system that will help in monitoring the detergent level and the alert notifications of the dishwasher cycles. The rising influence of printed or online documentation, websites, advertising campaigns, and other marketing communication materials for dishwashers is influencing the sales of dishwashers.
Furthermore, key players are focusing on product innovation in dishwashers, including pre-soak cycles, removable trays, fold-down tines, adjustable racks, better spray arms, and improved wash and dry systems in the final product, which is likely to support market growth. In developed economies, increasing consumer inclination to replace an old dishwasher or undergo a kitchen renovation is also anticipated to drive demand during the forecast period.
Rising Demand for Dishwashers in the Asia-Pacific Region
In Asia-Pacific, the increasing preference for a hustle-free lifestyle and the growing industrial application of dishwashers are supporting the growth of the dishwasher market in the region. Significant changes in living standards and growing urbanization in developing countries in India and China are expected to boost the sales of freestanding and built-in dishwashers in the region.
In the Asia-Pacific region, China is likely to continue its dominance due to the growing demand for dishwashers and various kitchen appliances. The launch of new and innovative products is expected to accelerate the regional dishwasher market's growth. For example, Haier Group Corporation introduced its Chinese-style 45 cm and 60 cm Hybrid series dishwashers, tailored as per the kitchens of China. The seamless shopping experience, with the dominance of private label brands and rising internet penetration, is further encouraging consumers to buy dishwashers online in the region.
Dishwasher Industry Overview
The global dishwasher market is highly fragmented, and the leading market players are focusing on a strong distribution network to increase their market share. Some major players operating in the global dishwasher market are Haier Group Corporation, Electrolux AB, Aga Rangemaster Group, LG Electronics Inc., Whirlpool Corporation, Robert Bosch GmbH, and Fagor Electrodomésticos.
Dishwasher Market Leaders
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Electrolux AB
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Haier Group Corporation
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LG Electronics Inc.
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Robert BOSCH
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Fagor Electrodomésticos.
*Disclaimer: Major Players sorted in no particular order
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.
- November 2022: Whirlpool Corporation announced the completion of its acquisition of InSinkErator, the world's largest manufacturer of food waste disposers and instant hot water dispensers for home and commercial use, from Emerson.
Dishwasher Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Household Disposable Income
4.2.2 Changing Lifestyles and Time Constraints
4.3 Market Restraints
4.3.1 High Initial Costs
4.3.2 Infrastructure and Space Limitations
4.4 Industry Value Chain Analysis
4.5 Porter's Five Forces Analysis
4.5.1 Bargaining Power of Buyers
4.5.2 Bargaining Power of Suppliers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights on Technological Innovations and Recent Trends in Market
4.7 Consumer Buying Behavior Analysis
4.8 Insights on Government Regulations in the Industry
4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Freestanding
5.1.2 Built-in
5.2 By Application
5.2.1 Residential
5.2.2 Commercial
5.3 By Distribution Channel
5.3.1 Multi Brand Stores
5.3.2 Exclusive Stores
5.3.3 Online
5.3.4 Other Distribution Channels
5.4 By Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Latin America
5.4.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Competition Overview
6.2 Company Profiles
6.2.1 Electrolux AB
6.2.2 Haier Group Corporation
6.2.3 LG Electronics Inc.
6.2.4 Robert Bosch
6.2.5 Fagor
6.2.6 Whirlpool
6.2.7 Asko Appliances AB
6.2.8 Arcelik AS
6.2.9 Sears Holding Corporation
6.2.10 Aga Rangemaster Group
6.2.11 Miele
6.2.12 Dacor
6.2.13 Other Companies*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Dishwasher Industry Segmentation
A dishwasher is a mechanical device that performs the function of cleaning cutlery and dishware by spraying hot water on the dish to remove the soiling. The increasing expenditure involved in hiring manual cleaners is the primary factor responsible for the inclination of consumers toward the installation of automated dishwashers across various residential and commercial sectors.
The dishwasher market is segmented by product type, application, distribution channel, and geography. By product type, the market is sub-segmented into freestanding dishwashers and built-in dishwashers. By application, the market is sub-segmented into commercial and residential. By distribution channel, the market is sub-segmented into multi-brand stores, exclusive stores, online, and other distribution channels, and by geography, the market is sub-segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report offers market size and forecasts for dishwashers in value (USD) for all the above segments.
| By Product Type | |
| Freestanding | |
| Built-in |
| By Application | |
| Residential | |
| Commercial |
| By Distribution Channel | |
| Multi Brand Stores | |
| Exclusive Stores | |
| Online | |
| Other Distribution Channels |
| By Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Latin America | |
| Middle East & Africa |
Dishwasher Market Research FAQs
How big is the Dishwasher Market?
The Dishwasher Market size is expected to reach USD 36 billion in 2024 and grow at a CAGR of 2.5% to reach USD 40.73 billion by 2029.
What is the current Dishwasher Market size?
In 2024, the Dishwasher Market size is expected to reach USD 36 billion.
Who are the key players in Dishwasher Market?
Electrolux AB, Haier Group Corporation, LG Electronics Inc., Robert BOSCH and Fagor Electrodomésticos. are the major companies operating in the Dishwasher Market.
Which is the fastest growing region in Dishwasher Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Dishwasher Market?
In 2024, the North America accounts for the largest market share in Dishwasher Market.
What years does this Dishwasher Market cover, and what was the market size in 2023?
In 2023, the Dishwasher Market size was estimated at USD 35.10 billion. The report covers the Dishwasher Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Dishwasher Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
What are the main drivers of the Dishwasher Market growth?
The main drivers of the Dishwasher Market growth are a) Increasing popularity of modular kitchens b) Ease of availability and advancements in dishwasher technology c) Changing consumer lifestyles with a preference for convenience
What are the latest trends in the Dishwasher Market?
The latest trends in the Dishwasher Market are a) Manufacturers are focusing on features like smartphone connectivity, sensor technology, improved wash and dry cycles, and quieter operation b) The growing preference for convenience and urbanization in developing countries like China and India
Dishwasher Industry Report
The global dishwasher market is experiencing significant growth, driven by the increasing demand for convenience and efficiency in both residential and commercial settings. Consumers are turning to dishwashers to save time, water, and energy, with a surge in demand for smart dishwashers that offer features like remote operation via smartphones, sensors for monitoring detergent levels, and alerts for wash cycles. Innovations in product design, such as freestanding and built-in models, cater to diverse consumer preferences, enhancing the aesthetic appeal of kitchens and commercial spaces. The market is segmented into various distribution channels, including online and offline platforms, where manufacturers actively promote their products. The growth of the dishwasher market is also fueled by the increasing awareness of water conservation and the need for hygienic dishwashing solutions in the commercial sector. Leading dishwasher brands are innovating, offering a range of products from residential to industrial dishwasher solutions, leveraging advanced technologies to enhance efficiency and functionality, playing a crucial role in modern kitchen management and operations. For detailed market insights, Mordor Intelligence™ Industry Reports provide a comprehensive analysis, including market share, size, revenue growth rate, forecast outlook, and historical overview, available as a free report PDF download.
