Dishwasher Market Trends Point to a 5.8% CAGR Surge by 2033 | FMI

Dishwasher Market
Dishwasher Market

The dishwasher market is evaluated at US$ 7,059.6 Million in 2023 and is projected to surpass US$ 12,406.1 Million by 2033, at a CAGR of 5.8% from 2023 to 2033. The share of the dishwasher market in its parent market (house appliance market) is approximately 4% to 6%.

Numerous American small-, medium-, and large-sized businesses are making significant investments in the Internet of Things sector. The majority of organizations moving to IoT are anticipated to have an impact on a number of industries, including security, entertainment, HVAC, lighting, and healthcare.

The advantages of linking household goods to the Internet have led to an increase in the popularity of the Internet of Things (IoT) among residential consumers. IoT links end users, software algorithms, services, and products, facilitating data flow and simplifying decisions in real time. It has been demonstrated to improve automation systems’ consistency and quality.

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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 BSH Home Appliances Corporation, LG appliance, Whirlpool Corporation, Electrolux AB, Haier America Company LLC, and IFB Industries Limited, among others.

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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

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 over 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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