PUBLISHER: Renub Research | PRODUCT CODE: 1545359
PUBLISHER: Renub Research | PRODUCT CODE: 1545359
Dishwasher Market Analysis
The global dishwasher market has been estimated to be US$ 34.70 billion in 2023 and is expected to reach US$ 43.33 billion by 2032, with the Compound Annual Growth Rate of 2.50% during the forecast period of 2024 to 2032. The market growth is attributed to the rise in a disposable income, changes in consumer preferences, and advancement in dishwasher products.
Dishwasher Market Overview
A dishwasher is an electric machine to wash dishes, cutlery, cookers, pans, vessels and many other utensils. It employs hot water, detergent and physical scrubbing to wash of food particles, grease and other stains. Today's models contain different wash options, folding metal arms and energy star models. These units clean through washing the dishes with water and detergent, use the rotating spray arms and heat wash to eliminate bacteria and other microorganisms from the objects. Also, it has soiling control to records the dirtiness of the dishes and adapts the wash cycle respectively and has the option of saving energy and water.
Dishwashers are also used differently across the globe with North America and western Europe being the biggest markets mainly because of convenience and time factors. In some parts of Asia, however, adoption has not been as swift because of cultural and space constraints along with small living areas, although use is steadily on the rise because of changing urban living situations and, of course, water scarcity. In the developing countries they are not very popular in homes but are widely used in the hotels and restaurants. There are various factors that have boosted the dishwasher market globally, the advancement in technology, changes in customers' lifestyle and awareness on water and energy efficiency.
Growth Factors in the Dishwasher Industry
Technological advancements
Continual advances in technology have led to steady development in the dishwasher manufacturing business. Some of these include connecting the dishwasher to a Wi-Fi, voice control and the control of the dishwasher using the mobile application to monitor the progress of the dishwasher. It uses high technology sensors and artificial intelligence algorithms in management of water and energy to make certain that it is both effective and environmentally friendly. Novel washing features such as focused water spray and dedicated wash areas improve cleaning for complex foods and stains on dishes. Newer dishwaters have also come with even quieter motors and better insulation, meaning they can be installed in areas where people want to hear what is going on around them, such as in houses with an open plan. In addition, new technologies enhance user satisfaction, draw attention to tech-savvy consumers, contribute to the development of new markets and make existing users replace their appliances. Nov 2023, Hisense unveils the Smart Built-In Dishwasher with Autodose & Autodry, a smart dishwasher that features, data line liquid detergent auto-dousing and auto-dry door pop-out integrated in the U. S market.
Changing lifestyles and urbanization:
The main drivers which can be seen are changing life styles and increase rate in urbanization that is driving the dishwasher market. Because the awareness of urbanization is rising and consumers have many demands on the time that they cannot spend on washing dishes manually, the probability of using dishwashers also rises. The modern families are concentrating at two working persons per family reducing the time to manually wash the dishes hence dishwashers are deemed to fit the market well. Moreover, the small floor area in urban markets has promoted innovation in dishwasher designs in that white, space-saving designs are common in apartments. Another factor is the greater reliance and consumption of eating out and takeaway services which in turn enhances the application of dishwashers in canteens and eating places. Besides, as the level of Awareness of hygiene rises especially as a result of world health issues, dishwashers are considered more hygiene than hand washing hence the increased use of dishwashers at home and in business establishments.
Environmental consciousness and regulations:
The growth of the dishwasher business is a result of growing concerns of the environment and the enactment of strict energy standards. Due to demand from the consumers for the protection of environment, dish washers have evolved to be very efficient in its consumption of water and energy. Rules of displaying energy efficiency at home and eco-labeling programs have been established in many countries of the world for using more energy-efficient appliances. Such requirements are forcing governments to enactment policies that seek to eliminate older models from circulation; thus, ensuring that new and efficient, environmentally friendly models are on the market. It also concerns such aspects as environmentally friendly manufacturing and parts, for example, using recycled plastic in dishwashers' parts, since buyer-conscious and legislative trends require it.
Europe Dishwasher Market Overview:
Europeans are now inexorably more occupied than before, have admitted that they no longer have time for manual washing of dishes hence require dishwasher. Improved and water-efficient European dishwashers with efficiency standards of Energy Star are on the rise in the European market. Again, Europeans have higher disposable income and therefore the consumer will be more willing to purchase anything that will ease their lives, including appliances. Also, the segment of reliance on an online store should increase at a higher rate due to specified promotions and convenient shopping. In September 2023, Electrolux AB launched a new product in the compact dishwasher range that it called the 55cm UltimateCare 300 with eight place settings. This is free for basic installation in Western European countries and is accompanied by additional extras like the 'Eco program mode' and child lock system.
Dishwasher Market Company Overview
Industry leaders seen in the Global Dishwasher Market Include Electrolux AB, Panasonic, Whirlpool, Robert Bosch Gmbh, Samsung, Siemens, LG Electronics, and Haiers.
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.
Haier introduced the Jingcai Dishwasher in August 2023. It features an Auto Dry intelligent door opening, quick drying and washing, sections, and space for up to 109 dish pieces at once. It uses less water and energy and protects the environment by securely cleaning and sterilizing dishes and removing germs and food residues.
In November 2022, with the opening of a new dishwashing factory in Turkey, Haier Europe increased its production capacity. By making this step, Haier solidified its position as the leading appliance manufacturer in Europe and took the lead in a number of product categories.
In November 2022, Whirlpool Corporation acquired InSinkErator, the largest producer of food waste disposers and instant hot water dispensers for residential and commercial use worldwide, from Emerson. Emerson now completely owns InSinkErator.
Product - Market breakup in 2 viewpoints:
Application - Market breakup in 2 viewpoints:
Distribution Channel - Market breakup in 2 viewpoints:
Country - Market breakup in 25 viewpoints:
United States
Canada
France
Germany
Italy
Spain
United Kingdom
Belgium
Netherlands
Turkey
China
Japan
India
Australia
South Korea
Thailand
Malaysia
Indonesia
New Zealand
Brazil
Mexico
Argentina
South Africa
Saudi Arabia
United Arab Emirates
All the Key players have been covered from 5 Viewpoints:
Company Analysis: