Dishwasher Market: Projected to Reach US$ 12,406.1 Million by 2033, with a CAGR of 5.8%

Dishwasher Market
Dishwasher Market

The dishwasher market is estimated at US$ 7,059.6 million in 2023, according to newly released data by Future Market Insights (FMI). It is projected to reach US$ 12,406.1 million by 2033, with a CAGR of 5.8% from 2023 to 2033. Additionally, the share of the dishwasher market in its parent market, the house appliance market, is approximately ~4%-6%.

Various digital platforms are increasingly being used by startups and major global players to promote their products and enhance sales. There’s a growing preference for stainless-steel dishwashers since they use less water and are sturdier to use.

Consumers are also shopping for products with special attributes, such as glass protection, shine boosters, rinse aid, soundproofing, and LED touch panels. This innovation is expected to increase the demand for dishwashers.

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Key Takeaways from Market Study

  • Increasing Internet penetration and consumer enthusiasm toward connected devices are laying the foundation for the growth of the U.S. dishwasher market.
  • The market is currently experiencing a shift in consumer preference from conventional to smart dishwashers.
  • As per the analysis, sales of dishwashers in the residential category are expected to reflect high growth.
  • Built-in dishwashers account for around half of the overall market share in the United States.

Key Market Players

The report highlights important trends in the competitive scenario of the dishwasher market in the United States, along with the highlights of differential marketing strategies used by players in the market. Established players in the U.S. market account for 60% to 65% market share.

Some of the key players identified across the value chain include

  • Dacor
  • Whirlpool
  • Fagor
  • Robert Bosch
  • Arcelik AS
  • LG
  • Haier
  • Aga Rangemaster group
  • Electrolux AB
  • Sears Holding corporation
  • Asko
  • Miele
  • Others (as per request)

For Instance:

  • GE Appliances (GEA), a Haier company, announced the launch of a new USD 80 million dishwasher manufacturing line at its Louisville supersite in 2020, featuring a completely redesigned extra-large capacity dishwasher platform.

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Global Dishwasher Market by Category

By Product Type:

  • Freestanding
  • Built-in

By Application:

  • Commercial
  • Residential

By Sales Channel:

  • Wholesalers/Distributors
  • Multi-Brand Stores
  • Specialty Stores
  • Hypermarket/Supermarkets
  • Online Retailers
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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