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For
the purpose of providing an exhaustive and in-depth analysis of the
market, the global dishwasher market has been segmented on the basis
of product type and end user. Based on different types of dishwasher
available in the market, the dishwasher market has been classified
into built-in dishwasher and free standing dishwasher. In addition,
data related to application of dishwasher across various end user
segment is also provided in this report. Moreover, information
related to current market synopsis along with future expected growth
trend of all the above mentioned segments including product type and
end user across various regions such as North America, Asia Pacific,
Europe, Middle-East and Africa (MEA) and Latin America is also
provided in this report. Furthermore, various macroeconomic and
micro-economic factors that are predicted to accelerate or inhibit
the demand of dishwasher across all the above mentioned regions is
also highlighted in this report.
Increasing
popularity of modular kitchen across the globe coupled owing to space
constraints coupled with rising disposable income is one of the key
factor expected to trigger the demand of dishwasher during the
forecast period from 2017 to 2025. In addition, changing lifestyle
associated with busy schedule of the millennials population coupled
with rising number of women working population is also predicted to
accelerate the demand of dishwasher that helps to save their times.
On
the other hand, increasing awareness of the consumers towards the
effect of electronic appliances on environment is predicted to
encourage various manufacturers to energy efficient dishwasher.
Increasing demand for energy efficient dishwasher that consumes less
energy and in turn reduce carbon footprints in predicted to create a
better opportunity for various dishwasher manufacturers in the coming
years.
Among
the different types of dishwasher available in the market, built-in
dishwasher held the largest market share in 2016 and is expected to
maintain its dominance during the forecast period from 2017 to 2025.
Rising preference of the commercial consumers segment towards space
saving appliances along with large load capacity dishwasher is the
most important factor attributed to this segment’s growth. The free
standing dishwasher is expected to witness huge demand form the
residential sectors in the coming years.
Based
on end use, the market has been bifurcated into residential and
non-residential. Further, based on distribution channel, the market
has been classified into B2B and B2C.
Geographically,
North America held the largest market share in the dishwasher
market in 2016 and is predicted to maintain its leading
position throughout the forecast period. However, existence to mature
market owing to prevailing high penetration of dishwasher across
various residential and commercial sector is responsible for the
sluggish growth of the market. Alternatively, Asia Pacific region is
expected to emerge as a rapidly growing region in terms of
dishwasher’s demand in the coming years. Increasing influence of
western style along with wide consumer base that is yet to purchase
their first dishwasher is the post important factor behind this
regions exponential growth rate. The overall demand of the dishwasher
market in Asia Pacific market is anticipated also get impacted by the
‘eating out’ trend that is more pronounced in Hong Kong, Japan
and Taiwan.
Some
of the major players providing dishwashers across the globe includes
General Electric (The U.S), Bosch (The Germany), Electrolux (Sweden)
and LG (South Korea) among others.
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