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Home appliance manufacturers focus on continuous technological innovations to add more value to their products and improve their functionality. For example, in February 2019, Bosch has launched its new dishwasher models to expand its range of dishwashers. The new product line featured innovative drying technologies that save end users time. Likewise, other vendors are incorporating innovative features such as increased spray pressure, high pressure multiple jets to clean sticky silverware, special air duct systems, self-cleaning functions and programs. hygiene to provide more convenience to users. The introduction of these innovative features increases the consumer interest in these products which positively influences the growth of the global dishwasher market.
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According to Technavio, the evolution of kitchen design can drive sales in urban areas will have a positive impact on the market and will contribute significantly to its growth during the forecast period. This research report also analyzes other important trends and market drivers that will influence the growth of the market during the period 2021-2025.
Dishwasher Market: Changing Kitchen Design
Consumers around the world are investing more in sophisticated kitchen designs that are practical yet easy to maintain. In addition, the growing number of small homes is forcing consumers to focus on good storage and space plans when designing their kitchens. This increases the demand for compact-sized kitchen appliances, encouraging vendors to add new, streamlined appliances to their portfolios that meet growing consumer needs. For example, Haier offers under-sink dishwashers for homeowners who have limited space in their kitchen. The introduction of these innovative products will be crucial to drive the market growth during the forecast period.
“Rising labor costs, busier lifestyles and the growing influence of the Western way of life on the APAC countries will further drive the market growth during the forecast period.” , said a senior analyst at Technavio.
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Dishwashers Market: Segmentation Analysis
This market research report segments the dishwasher market by product (freestanding dishwasher and built-in dishwasher), distribution channel (offline and online) and geography (Europe, North America, APAC, South America, and MEA).
The European region dominated the dishwasher market in 2021, followed by North America, APAC, South America, and MEA respectively. During the forecast period, Europe is expected to register the highest incremental growth due to the presence of a large number of potential consumers, manufacturers and exporters of dishwashers in the region.
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Related reports on consumer discretionary include:
Global Smart Kitchen Appliances Market – The global smart kitchen appliances market is segmented by product (large smart cooking appliance, smart refrigerator, small smart cooking appliance and smart dishwasher), distribution channel (offline and online) and geography (North America, Europe, APAC, South America, and MEA).
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Global Home Appliance Market – The global home appliance market is segmented by product (large household appliances and small household appliances), distribution channel (offline and online) and geography (APAC, Europe, North America, South America, and MEA).
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Some of the main topics covered in the report include:
- Covered suppliers
- Supplier ranking
- Positioning of sellers in the market
- Competitive scenario
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