|Market Size in 2022||Market Forecast in 2030||CAGR (in %)||Base Year|
|USD 35.02 Billion||USD 61.30 Billion||7.2%||2022|
The global dishwasher market size was valued at USD 35.02 Billion in 2022 and is anticipated to reach USD 61.30 by 2030 at a CAGR of 7.2% during the forecast period. The report analyzes the global dishwasher market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the dishwasher industry.
A dishwasher is a device used to automatically clean cutlery, cookware, and dishware. A dishwasher is an electrically operated device that washes, rinses, and dries dishes by spraying a mixture of hot water and detergent to remove dirt and oil. Dishwashers are a type of white goods that are frequently used in commercial and residential kitchens to clean dishes and have witnessed an impressive growth during the study period. Due to the increasing adoption of technologically advanced appliances in developed markets like North America and Europe, dishwashers have witnessed significant growth in popularity in the recent past.
Dishwashers are spurring the demand in emerging parts of Asia-Pacific since they are effectively utilized both in residential and commercial kitchens. Dishwasher demand is being fueled by increased urbanization, rise in disposable incomes, increasing trend of modular kitchens, and improving living standards in developing nations like China, India, Brazil, and other emerging economies. Additionally, the increased importance of water conservation has benefited appliance manufacturers to meet the popularity as less water is needed in the dishwasher making it a preferred device for the kitchen.
Growing consumer demand for smart kitchen appliances is spurring the market growth
The shifting trend of consumer preferences over technology-driven products is driving the need for smart kitchen appliances such as dishwashers. The significance of upgrading or renovating a kitchen to create a modular kitchen is increasing, which is fueling the rapid expansion of smart kitchen appliances like dishwashers. With their ability to manage your house, voice-controlled gadgets like the Amazon Echo and Google Home are becoming more and more popular. Rapid innovation and technical developments such as portable dishwashers, incorporated sensors, connectivity to smartphones & smart gadgets, removable trays, pre-soak cycles, adjustable racks, fold-down tines, and others have added fuel to the global dishwasher market growth.
The final product will likely have superior wash & dry systems and spray arms, which will likely help market expansion across the globe. Moreover, the demand for dishwashers with sustainable technology and cutting-edge features is currently being driven by prominent players. The primary intended audience, which includes working people, married couples, single parents, and bachelors, is becoming more receptive to dishwashers. The broad availability of dishwashers with regionalized designs and water and energy-saving features is also projected to increase sales of dishwashers. Throughout the forecast period, this aspect is anticipated to fuel demand for the worldwide dishwasher market.
The substantial cost of maintenance and overall operation act as a major restraint
The major factor that impedes the dishwasher industry growth is the highly-priced dishwashers as well as the high maintenance and repair cost of specifically commercial dishwashers. It is anticipated that higher maintenance costs for such devices will restrain the potential market. Portable dishwashers are useful tools because of innovation and technical improvement, but they have a high upfront cost and need ongoing maintenance. The high cost of these products discourages many consumers; hence the price will continue to be a major impediment to the market's growth. Additionally, the high energy consumption is another crucial factor that hampers the market growth as it runs on 1.5 KWh on average to run a load of dishes and hot water used add cost to the overall energy consumed restraining the market growth.
Product innovation and technology-driven dishwashers act as avenues for market growth
The keen focus of manufacturers on product innovation and development offers added benefits to the consumers that act as a significant opportunity for dishwasher market growth. The innovative products with customized solutions to meet the needs of end users have led the manufacturers to expand their product range and penetrate varied geographical areas. Various dishwashers such as Wi-Fi enabled dishwashers, for instance, LG Wi-Fi enabled dishwasher has SmartThinQ technology that gives smartphone alerts once the washing is complete.
The special attributes of products for consumer preference include shine boosters, glass protection, LED touched panels, soundproofing, and rinse aid amongst others. Therefore, such innovations are adding a boost to the market growth. Moreover, next-generation dishwashers overcome key challenges such as consuming less energy, half load option, and turbo cleaning that requires less water. Dishwashers equipped with smart technology, which offers excellent cleaning outcomes while conserving time, energy, and water, are expected to propel market growth.
Price sensitive consumer poses a major challenge
A significant factor that will constrain the global dishwasher market during the forecast period is the high price of the dishwasher among the low and middle-income consumer groups. Also, the considerable labor force or maid presence in low-income nations, as well as in semi-urban and rural areas of emerging economies, where people feel they assist with many home chores, poses a significant challenge to the market's growth. Moreover, lower adoption of dishwasher due to the regular repair and maintenance in the lower-income population impede the market growth.
The global dishwasher industry is segmented based on product type, application, distribution channel, and region.
Based on the product type, the global market is bifurcated into Built-in Dishwashers and Free-Standing Dishwashers. The Free-standing dishwasher segment accounted for the largest share in 2022 and witnessed to retain the same trend in foreseen future. The factor that contributes to the high share includes the growing demand for Free-standing dishwashers among consumers across the globe. The upsurge in commercial users for these easily portable dishwashers is adding fuel to the market growth.
The segment also showcases remarkable growth owing to its cost-effectiveness, and convenience and has no specific installation requirements compared to the built-in variant. This is the reason the free-standing dishwasher is becoming the preferred choice for the end consumers. Moreover, the popularity of this segment is attributed to its rising adoption rate both in commercial as well as residential applications. Freestanding Dishwashers are convenient and customizable appliances that may be moved about the kitchen as needed by the user. Because they are not a permanent installation, tenants greatly prefer having a portable dishwasher. Also, the built-in variant is more expensive than the free-standing model, which doesn't need any specific installation. This type of dishwasher is ideal for houses with compact kitchens and is anticipated to grow significantly over the next few years.
Based on distribution channel, the industry is segregated into multi-brand stores, wholesalers/distributors, specialty stores, hypermarkets/supermarkets, online retail, and others
Based on the application, the global dishwasher industry is segmented into residential and commercial. The residential segment is witnessed to hold the dominating position in the study period. The substantial penetration of this product category is owing to the rising popularity of smart home technologies among homeowners.
Households in developed countries have recently shown a greater preference for smart home and kitchen appliances that can be operated via smartphones or the internet. Moreover, over the projection period, a combination of rising disposable income and increasing internet penetration is anticipated to drive demand for smart dishwashers. In the forthcoming years, the smart dishwasher market is anticipated to rise significantly due to increased awareness of smart appliances and rising homeownership rates across emerging economies that contribute immensely to the market growth.
On the other hand, in terms of market share, the commercial segment is predicted to trail the residential segment, and it is anticipated to exhibit a significant CAGR over the forecast period. Smart dishwashers' widespread use in hotels, cafes, and restaurants as these commercial sectors are growing rapidly, and since dishwashers efficiently and conveniently clean lots of dishes while using less water contributes to the market expansion.
|Report Attributes||Report Details|
|Report Name||Dishwasher Market Research Report|
|Market Size in 2022||USD 35.02 Billion|
|Market Forecast in 2030||USD 61.30 Billion|
|Growth Rate||CAGR of 7.2%|
|Number of Pages||209|
|Key Companies Covered||Whirlpool Corporation, Robert Bosch GmbH, Haier Group Corporation, Electrolux AB, Samsung Electronics Co., Ltd., LG Electronics Inc., Panasonic Corporation, Miele Group, Midea Group Co., Ltd and Asko Appliances AB among others.|
|Segments Covered||By Product Type, By Application, By Distribution Channel, And By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)|
|Historical Year||2017 to 2021|
|Forecast Year||2023 - 2030|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
The European region is expected to hold the largest revenue share during the study period
The European region currently held the dominant share of the global dishwasher market in 2022. Over the projected period, demand for smart dishwashers is anticipated to increase owing to a rise in the penetration of smart homes as well as several kitchen and home renovation projects in the regions.
Some of the main drivers of market growth are the expanding working population, customers' choice for smart kitchens and home appliances, as well as maximum penetration of dishwashers at commercial applications, making it a high-potential region globally. Also, the increasing investment by the manufacturers for meeting the demand for smart households in the region is another factor fueling the market growth.
Nevertheless, the Asia-Pacific region is growing at a remarkable pace owing to key factors such as a rise in disposable income, growing urbanization, noteworthy rise in living standards, especially in emerging economies such as China and India is adding a boost to the market growth. Moreover, demand for different electric kitchen appliances due to renovation trends among residential consumers has spurred the market growth further. Moreover, a strong consumer base in countries such as Japan, China, India, Taiwan, and South Korea is anticipated to drive market growth in foresee future.
The global dishwasher market is dominated by players like:
By Product Type
By Distribution Channel
The term "dishwasher" is an electrically operated kitchen appliance that is used to clean dishware, cookware, and cutlery. It is widely used for effective cleaning in both residential as well as commercial kitchens.
During the forecast period, it is anticipated that the market for dishwashers will drive owing to key factors such as a rise in disposable income, increasing working females, a growing trend of smart kitchens, and a rapid rise in hotels, cafes, restaurants, and other catering services.
According to the report, the global market size was worth around USD 35.02 billion in 2022 and is predicted to grow to around USD 61.30 billion by 2030.
The global dishwasher market is expected to grow at a CAGR of 7.2% during the forecast period.
The European region is currently the highest revenue-generating market. The global dishwasher market growth is expected to be driven by the Asia Pacific revenue owing to the growing adaption of westernized culture, and kitchen renovation such as the trend for modular kitchens, especially in India and China.
The dishwasher market is dominated by some of the key market participants on the global platform that have driven the dishwashing industry's growth. The key dominating players include Whirlpool Corporation, Robert Bosch GmbH, Haier Group Corporation, Electrolux AB, Samsung Electronics Co., Ltd., LG Electronics Inc., Panasonic Corporation, Miele Group, Midea Group Co., Ltd and Asko Appliances AB