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In 2023, dominant market players including ASKO APPLIANCES, Baumatic Ltd., Champion Industries, Danby, and Electrolux AB, collectively held a substantial 10%-15% market share. The market is highly fragmented. These industry leaders are actively engaged in strategic initiatives, such as mergers & acquisitions, facility expansions, and partnerships, to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their products and incorporate new technologies, aiming to stay ahead of the competition.
Major players operating in the portable dishwashers industry include:
Portable dishwashers market size was USD 3 billion in 2023 and is expected to register over 6.3% CAGR from 2024-2032 owing to the changing lifestyles, increasing urbanization, and the rising number of small households or apartments worldwide.
Portable dishwashers industry from the countertop segment recorded USD 2 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to being smaller and more compact than their freestanding counterparts.
North America portable dishwashers industry reached USD 900 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to a strong preference for household appliances that offer convenience and save time in the region.
ASKO APPLIANCES, Baumatic Ltd., Champion Industries, Danby, Electrolux AB, Fagor Industrial, Fisher & Paykel Appliances Ltd., GE Appliances, Haier Inc., IFB Appliances, KitchenAid, and LG Electronics, are some of the major portable dishwashers companies worldwide.