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Dishwasher Market Trends

  • Report ID: GMI8471
  • Published Date: Mar 2024
  • Report Format: PDF

Dishwasher Market Trends

One of the emerging developments of this decade is the digitization of living environments. According to IEEE projects, by 2025, over 50 billion devices will be connected to the Internet of Things (IoT) through 5G networks. Convenient and opulent lifestyles are increasingly relying on smart & interactive electronic appliances and gadgets. With technological improvements, smartphones can now control any connected device, similar to a universal remote. Many customers are searching for smart kitchen equipment that can simplify household tasks and enhance kitchen aesthetics. These factors are anticipated to steer the market during the projection period. Despite the positive outlook, middle-class consumers are unlikely to adopt smart dishwashers due to their higher cost compared to regular dishwashers.
 

Among the smart home appliances, the smart dishwasher enhances the functionality of a regular dishwasher with Wi-Fi connectivity and flexible choices like voice control through a virtual house assistant and smartphone controls. Smart dishwashers are recognized to solve typical issues like food particles redistributing on plates or dishes. They are also incredibly adaptable and efficient. Additionally, consumers can integrate their dishwasher into a smart home design because to the improved technological characteristics of smart dishwashers. Over the projection period, demand for smart dishwashers is expected to be driven by the growing need for kitchen appliances with features such the ease of remote operation and the distinctive experience they offer.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

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.

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.

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.

Dishwasher Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 250
  • Countries covered: 22
  • Pages: 387
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