Haier

Dishwasher market to reach USD 1.34 billion by 2024, AB Electrolux and Haier Smart Home Co. Ltd. emerge as key contributors to growth

Technavio has been monitoring the dishwasher market and it is poised to grow by USD 1.34 billion during 2020-2024, progressing at a CAGR of over 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Frequently Asked Questions-

  • Based on segmentation by product, which is the leading segment in the market?
  • The freestanding dishwashers are expected to be the leading segment based on product in the global market during the forecast period.
  • What are the major trends in the market?
  • Rising use of stainless-steel dishwasher interiors is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of over 1%, the incremental growth of the market is anticipated to be USD 1.34 billion.
  • Who are the top players in the market?
  • AB Electrolux, Haier Smart Home Co. Ltd., LG Electronics Inc., Miele & Cie. KG, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Siemens AG, The Middleby Corp., Transform SR Brands LLC, and Whirlpool Corp. are some of the major market participants.
  • What are the key market drivers and challenges?
  • Changing kitchen designs is one of the major factors driving the market. However, the high average product life and maturity for the product category in developed markets restraints the market growth.
  • How big is the APAC market?
  • The APAC region will contribute 37% of market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB Electrolux, Haier Smart Home Co. Ltd., LG Electronics Inc., Miele & Cie. KG, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Siemens AG, The Middleby Corp., Transform SR Brands LLC, and Whirlpool Corp. are some of the major market participants. The changing kitchen designs will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Dishwasher Market 2020-2024: Segmentation

Dishwasher Market is segmented as below:

  • Product
    • Freestanding Dishwasher
    • Built-in Dishwasher
  • Geography
    • Europe
    • North America
    • APAC
    • South America
    • MEA
  • Distribution channel
    • Offline
    • Online

Dishwasher Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The dishwasher market report covers the following areas:

  • Dishwasher Market Size
  • Dishwasher Market Trends
  • Dishwasher Market Analysis

This study identifies the rising use of stainless-steel dishwasher interiors as one of the prime reasons driving the dishwasher market growth during the next few years.

Dishwasher Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist dishwasher market growth during the next five years
  • Estimation of the dishwasher market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the dishwasher market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of dishwasher market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Freestanding dishwasher – Market size and forecast 2019-2024
  • Built-in dishwasher – Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline – Market size and forecast 2019-2024
  • Online – Market size and forecast 2019-2024
  • Market opportunity by Distribution channel

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • AB Electrolux
  • Haier Smart Home Co. Ltd.
  • LG Electronics Inc.
  • Miele & Cie. KG
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • Siemens AG
  • The Middleby Corp.
  • Transform SR Brands LLC
  • Whirlpool Corp.

-Business Wire

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