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The dishwasher industry is highly fragmented due to the presence of numerous local & global players. In 2023, the above list of dominant market players collectively held a substantial 20% - 25% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansion, and collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These enterprises consistently allocate resources to research & development, aiming to enhance their designs and integrate cutting-edge technologies, thereby ensuring that they maintain a competitive edge.
Major players operating in the dishwasher industry include:
Dishwasher industry from the free-standing segment recorded USD 4.08 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to the increasing adoption of free-standing dishwashers in homes and businesses.
Market size for dishwasher was USD 7.69 billion in 2023 and is expected to register over 5.4% CAGR from 2024-2032 owing to the growing product adoption in both commercial and residential sectors to save water, time & energy and the rise of modular kitchens & integrated dishwashers worldwide.
North America industry held 47% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to increased use of high-tech appliances along with rapid urbanization and lifestyle changes in the region.
Electrolux AB, LG Electronics, Haier, Whirlpool Corporation, Miele, Robert Bosch GmbH, Panasonic, The Smeg Group, Samsung, Meiko, and Godrej, are some of the major dishwasher companies worldwide.