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PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1521603

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PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1521603

Germany Compact Dishwasher - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

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The Germany Compact Dishwasher Market size is estimated at USD 0.78 billion in 2024, and is expected to reach USD 1.14 billion by 2029, growing at a CAGR of 7.79% during the forecast period (2024-2029).

Germany Compact Dishwasher - Market

In Germany, compact dishwashers are more popular among married couples, the working population, families, and bachelors. The unique design, water, and energy-saving features enhance the sale of compact dishwashers in Germany.

Since compact dishwashers use less water and power, the residents of Germany opt for compact dishwashers because people are more ecologically conscious. Another trend in compact dishwashers is the discovery of smart, compact dishwashers, which are connected to the Internet and can be controlled and monitored via a smartphone app. The unique features, such as movable racks, variable loading choices, and extra cleaning capabilities, are grabbing the attention of consumers in Germany.

Consumer preference is the factor that drives the demand for compact dishwashers in the German market. Consumers prefer appliances that reduce burdens and save electricity and time where compact dishwashers come into play. In addition, built-in compact dishwashers have greater flexibility. Thus, the market for compact dishwashers is expected to grow at a normal pace during the forecast period.

Germany Compact Dishwasher Market Trends

Increase Use Of Compact Dishwashers In The Residential Sector

In Germany, compact dishwashers are used in both commercial and residential sectors, but it is more commonly used in the residential sector. In German households, compact dishwashers are used as a common appliance as they save time and are convenient for cleaning the dishes. Manufacturers are creating newer compact dishwashers that can be connected via household Internet connection to make the device smart. The rise of nuclear families boosted the growth of the compact dishwasher market. Due to its compact size, nuclear families prefer home appliances that are not bulky. Thus, there is an increase in demand for compact dishwashers in the residential sector.

Technological Innovation In Compact Dishwashers Drives The Market

In Germany, designers and architects require flexibility while designing a new kitchen, which means appliances must fit seamlessly into multiple layouts. Technological advancements and modern designs helped improve compact dishwasher looks and operations. Most homeowners who want a modern kitchen not only look for functionality but also to provide a sleek and minimalistic look to the modern kitchen. That's why some dishwasher manufacturers hide the control panel and sometimes even add a window to help see when a dishwasher has finished its cycle. Thus, technological innovations in compact dishwashers are driving the market.

Germany Compact Dishwasher Industry Overview

The German compact dishwasher industry is a fragmented market. The market is transforming with many technological advancements, such as product innovation and process automation. The key market players are focusing on improving their production capacity, which will help them to increase exports. The key market players are Whirlpool Corporation, Dyson, Electrolux AB, BSH, and Mabe.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Product Code: 50002054

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 DYNAMICS AND INSIGHTS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Household Disposable Income Drives The Market
    • 4.2.2 Changing Lifestyles and Time Constraints Drives The Market
  • 4.3 Market Restraints
    • 4.3.1 High Initial Costs
    • 4.3.2 Infrastructure and Space Limitations
  • 4.4 Market Opportunities
    • 4.4.1 Technological Advancement in Compact Dishwasher
    • 4.4.2 Increasing Population And Decreasing Space In Households
  • 4.5 Industry Value Chain Analysis
  • 4.6 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry
  • 4.7 Insights on technology innovation in the Market.
  • 4.8 Impact of COVID-19 on the Market

5 MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Freestanding Dishwasher
    • 5.1.2 Built-in Dishwasher
  • 5.2 By Application
    • 5.2.1 Commercial
    • 5.2.2 Residential
  • 5.3 By Distribution Channel
    • 5.3.1 Multi brands store
    • 5.3.2 Exclusive Store
    • 5.3.3 Online
    • 5.3.4 Other Distribution Channel

6 COMPETITIVE LANDSCAPE

  • 6.1 Market Concetration Overview
  • 6.2 Company Profiles
    • 6.2.1 LG Electronics Inc
    • 6.2.2 Gorenje Group
    • 6.2.3 Robert Bosch
    • 6.2.4 Midea
    • 6.2.5 Haier Electronics Group Co. Ltd
    • 6.2.6 Siemens AG
    • 6.2.7 IFB Appliances
    • 6.2.8 Danby
    • 6.2.9 SMEG S.p.A.
    • 6.2.10 Panasonic Corporation*

7 MARKET FUTURE TRENDS

8 DISCLAIMER AND ABOUT US

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