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(Transportation-News.com, September 03, 2024 ) Dishwasher Market size was valued at USD 8.29 Bn in 2023 and the total revenue is expected to grow at CAGR 7.4% through 2024 to 2030, reaching nearly USD 13.66 Bn.
Asia Pacific held 34.7% of market share in 2023. The demand for household appliances such as dishwasher is expected to grow in the region as preference for smart household and kitchen items is increasing. Europe came to be fastest-growing region with 28% of market share. North America holds a dominant position in the market with technological advancements and higher infrastructural capabilities. North American region consumed approximately 0.127 million units of dishwashers in the year 2023. As per the IEEE, with the arrival of 5G network, over 50.0 billion devices are expected to be functioning on the Internet of Things by 2025. Domestic dishwasher machines are considered as a luxury item, along with their upfront cost is expected to prevent further market penetration in many countries, including Western Europe.
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Dishwasher Market Segmentation
by Product
Built in
Freestanding
by Distribution Channel
Online
Offline
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by Application
Commercial
Residential
Dishwasher Market Key Players:
Samsung Group
Whirlpool Corporation
Haier Group
LG Electronics Inc.
Aga Rangemaster Group
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