The global dishwasher market size is expected to reach USD
10.23 billion by 2025, according to a new report by Grand View Research, Inc.
It is anticipated to register a CAGR of 7.2% during the forecast period. Rising
number of working population along with the hectic schedules is projected to
drive the product demand. Furthermore, the growing awareness about hygiene and
cleanliness is expected to accelerate the growth.
The built-in segment is anticipated to register
the fastest CAGR of 7.8% from 2019 to 2025. The advanced features of built-in
products, including specialized targeted sprays, wash cycles, and multiple
spray arms, are attracting the consumers. In addition, growing demand for
modular kitchens is anticipated to further fuel the demand for built-in kitchen
appliances that save space, time, and resources.
The commercial application held the leading
dishwasher market share of more than 60% of the global revenue in 2018. Growing
importance of the product in the commercial foodservice sectors, such as
hotels, restaurants, cafés, and pubs, has been expanding product demand in the
segment.
Asia Pacific is expected to expand at the
fastest CAGR of more than 10% from 2019 to 2025. Rising spending on modular
kitchen along with increasing concerns over sanitation is driving the regional
growth. The key regional markets include China, Japan, South Korea, Taiwan, and
India. Growing penetration of global producers in Asia Pacific has been
enhancing the product offering in the region. In addition, introduction of
localized and country-specific products has been boosting the regional product
demand.
For Full Research Report On Dishwasher Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/dishwasher-market
Dishwasher Market Report Highlights
- Freestanding
products held the largest market of more than 50% in 2018
- Residential
application is expected expand at a rapid CAGR of 8% from 2019 to 2025
- Based on
distribution channel, offline segment held the largest in 2018 terms of
revenue
- Online
distribution channel is expected register the fastest CAGR during the
forecast period
- The key
competitors in the dishwasher market include Haier Group Corporation;
Electrolux AB; LG Electronics Inc.; Whirlpool Corporation; Robert Bosch
GmbH; Aga Rangemaster Group; Samsung Group; Asko Appliances AB; Miele; and
Fagor Electrodomésticos
Get request sample of this report
here: https://www.grandviewresearch.com/industry-analysis/dishwasher-market/request/rs1
Dishwasher Market Segmentation
Grand
View Research has segmented the dishwasher market on the basis of product,
applicator, distribution channel, and region:
Dishwasher Product Outlook (Revenue, USD Million, 2015 - 2025)
- Freestanding
- Built-in
Dishwasher Application Outlook (Revenue, USD Million, 2015 - 2025)
- Residential
- Commercial
Dishwasher Distribution Channel Outlook (Revenue, USD Million, 2015 -
2025)
- Offline
- Online
Dishwasher Region Outlook (Revenue, USD Million; 2015 - 2025)
- North
America
- U.S.
- Europe
- Germany
- U.K.
- Asia
Pacific
- China
- India
- Central
& South America
- Brazil
- Middle
East & Africa
- South
Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
No comments:
Post a Comment