PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1521601
PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1521601
The Asia Pacific Compact Dishwasher Market size is estimated at USD 3.73 billion in 2024, and is expected to reach USD 5.5 billion by 2029, growing at a CAGR of 8.09% during the forecast period (2024-2029).
The increasing demand for easy-handling home appliances is boosting the growth of the compact dishwashers market. Since manufacturers are creating more portable and easy-to-handle appliances, they are observed to act as a growth factor for the compact dishwasher market.
The growth in urbanization has led to the demand for small appliances like compact dishwashers. Since in the modern lifestyle, people become busier and have less time to do household chores, compact dishwashers come into play. It gives them a time-saving solution and also improves their lifestyle. These factors will boost the growth of the compact dishwasher market.
Another factor that drives the compact dishwashers market is that they are more energy efficient compared to traditional dishwashers. Consumers are actively seeking efficient and eco-friendly appliances because of increasing environmental concerns and the need for energy conservation. Compact dishwashers meet this demand by consuming less water and energy during their operation.
The modular kitchen concept gained huge popularity among the consumers of India, where the compact dishwasher market witnessed a significant transformation. The factor that led to the growth of compact dishwashers in India is the increasing adoption of modular kitchens. In traditional Indian kitchens, manual dishwashing is usually done, inculcating strenuous physical labor. But the use of compact dishwashers not only saves time but also helps in cleaning the dishes with better hygiene. Due to the efficient use of space, the look of the design, and the functionality of the fittings, more people switch to modular kitchens. Therefore, the demand for compact dishwashers is likely to rise.
The increasing influence of the Western lifestyle is a factor responsible for the growth of the compact dishwasher market in the Asia Pacific Region. Other factors like the rising number of restaurants, cafes, and small-scale food sectors, among others, the busy lifestyle of people, and the growing preference for energy-efficient appliances boost the growth of the compact dishwasher market. The rising disposable income of the people in the Asia Pacific region is also one of the major factors that is fuelling the demand for compact dishwashers among the population.
Asia Pacific compact dishwasher market is a fragmented market. The manufacturers of compact dishwashers are concentrating on maximizing their exposure in both residential and commercial markets. The compact dishwashers are typically intricate, composed of super materials, and robust. A few producers are now working with online sellers of compact dishwashers to ensure a more extensive distribution of their product offerings across a broader market. The key market players are- Whirlpool, Dyson, BSH, Mabe, and Electrolux.