Dishwasher Market 2030: Predictions from Industry Experts
The global dishwasher market size is expected to reach USD 14.91 billion by 2030, expanding at a CAGR of 7.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising number of working population along with the hectic schedules is projected to drive the product demand. Furthermore, the growing awareness about hygiene and cleanliness is expected to accelerate the growth.
The built-in segment is anticipated to register the fastest CAGR of 7.8% from 2019 to 2025. The advanced features of built-in products, including specialized targeted sprays, wash cycles, and multiple spray arms, are attracting the consumers. In addition, growing demand for modular kitchens is anticipated to further fuel the demand for built-in kitchen appliances that save space, time, and resources.
Gather more insights about the market drivers, restrains and growth of the Dishwasher Market
The commercial application held the leading dishwasher market share of more than 60% of the global revenue in 2018. Growing importance of the product in the commercial foodservice sectors, such as hotels, restaurants, cafés, and pubs, has been expanding product demand in the segment.
Asia Pacific is expected to expand at the fastest CAGR of more than 10% from 2019 to 2025. Rising spending on modular kitchen along with increasing concerns over sanitation is driving the regional growth. The key regional markets include China, Japan, South Korea, Taiwan, and India. Growing penetration of global producers in Asia Pacific has been enhancing the product offering in the region. In addition, introduction of localized and country-specific products has been boosting the regional product demand.
Dishwasher Market Report Highlights
- Freestanding products held the largest market of more than 56.3% in 2023
- The residential/household segment is expected to grow at the fastest CAGR over the forecast period
- Based on distribution channel, offline segment held the largest in 2023 terms of revenue
- Online distribution channel is expected register the fastest CAGR during the forecast period
- The key competitors in the dishwasher market include Haier Group Corporation; Electrolux AB; LG Electronics Inc.; Whirlpool Corporation; Robert Bosch GmbH; Aga Rangemaster Group; Samsung Group; Asko Appliances AB; Miele; and Fagor Electrodomésticos; LG Electronics.
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List of Key Players in the Dishwasher Market
- Whirlpool Corporation.
- Robert Bosch GmbH
- The Miele Company
- Electrolux AB
- SAMSUNG
- LG Electronics.
- Haier Group
- The Middleby Corporation
- Amica Group
- Asko Appliances AB
About Grand View Research
Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.
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