Asia Pacific Compact Dishwasher - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)
The Asia Pacific Compact Dishwasher Market size is estimated at USD 3.73 billion in 2024, and is expected to reach USD 5.5 billion by 2029, growing at a CAGR of 8.09% during the forecast period (2024-2029).
The increasing demand for easy-handling home appliances is boosting the growth of the compact dishwashers market. Since manufacturers are creating more portable and easy-to-handle appliances, they are observed to act as a growth factor for the compact dishwasher market.
The growth in urbanization has led to the demand for small appliances like compact dishwashers. Since in the modern lifestyle, people become busier and have less time to do household chores, compact dishwashers come into play. It gives them a time-saving solution and also improves their lifestyle. These factors will boost the growth of the compact dishwasher market.
Another factor that drives the compact dishwashers market is that they are more energy efficient compared to traditional dishwashers. Consumers are actively seeking efficient and eco-friendly appliances because of increasing environmental concerns and the need for energy conservation. Compact dishwashers meet this demand by consuming less water and energy during their operation.
APAC Compact Dishwasher Market Trends
Modular Kitchen to Drive the Growth of Dishwashers Market in India
The modular kitchen concept gained huge popularity among the consumers of India, where the compact dishwasher market witnessed a significant transformation. The factor that led to the growth of compact dishwashers in India is the increasing adoption of modular kitchens. In traditional Indian kitchens, manual dishwashing is usually done, inculcating strenuous physical labor. But the use of compact dishwashers not only saves time but also helps in cleaning the dishes with better hygiene. Due to the efficient use of space, the look of the design, and the functionality of the fittings, more people switch to modular kitchens. Therefore, the demand for compact dishwashers is likely to rise.
Change in Life Style Created Demand for Dishwashers in the Asia-Pacific Region
The increasing influence of the Western lifestyle is a factor responsible for the growth of the compact dishwasher market in the Asia Pacific Region. Other factors like the rising number of restaurants, cafes, and small-scale food sectors, among others, the busy lifestyle of people, and the growing preference for energy-efficient appliances boost the growth of the compact dishwasher market. The rising disposable income of the people in the Asia Pacific region is also one of the major factors that is fuelling the demand for compact dishwashers among the population.
APAC Compact Dishwasher Industry Overview
Asia Pacific compact dishwasher market is a fragmented market. The manufacturers of compact dishwashers are concentrating on maximizing their exposure in both residential and commercial markets. The compact dishwashers are typically intricate, composed of super materials, and robust. A few producers are now working with online sellers of compact dishwashers to ensure a more extensive distribution of their product offerings across a broader market. The key market players are- Whirlpool, Dyson, BSH, Mabe, and Electrolux.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
The increasing demand for easy-handling home appliances is boosting the growth of the compact dishwashers market. Since manufacturers are creating more portable and easy-to-handle appliances, they are observed to act as a growth factor for the compact dishwasher market.
The growth in urbanization has led to the demand for small appliances like compact dishwashers. Since in the modern lifestyle, people become busier and have less time to do household chores, compact dishwashers come into play. It gives them a time-saving solution and also improves their lifestyle. These factors will boost the growth of the compact dishwasher market.
Another factor that drives the compact dishwashers market is that they are more energy efficient compared to traditional dishwashers. Consumers are actively seeking efficient and eco-friendly appliances because of increasing environmental concerns and the need for energy conservation. Compact dishwashers meet this demand by consuming less water and energy during their operation.
APAC Compact Dishwasher Market Trends
Modular Kitchen to Drive the Growth of Dishwashers Market in India
The modular kitchen concept gained huge popularity among the consumers of India, where the compact dishwasher market witnessed a significant transformation. The factor that led to the growth of compact dishwashers in India is the increasing adoption of modular kitchens. In traditional Indian kitchens, manual dishwashing is usually done, inculcating strenuous physical labor. But the use of compact dishwashers not only saves time but also helps in cleaning the dishes with better hygiene. Due to the efficient use of space, the look of the design, and the functionality of the fittings, more people switch to modular kitchens. Therefore, the demand for compact dishwashers is likely to rise.
Change in Life Style Created Demand for Dishwashers in the Asia-Pacific Region
The increasing influence of the Western lifestyle is a factor responsible for the growth of the compact dishwasher market in the Asia Pacific Region. Other factors like the rising number of restaurants, cafes, and small-scale food sectors, among others, the busy lifestyle of people, and the growing preference for energy-efficient appliances boost the growth of the compact dishwasher market. The rising disposable income of the people in the Asia Pacific region is also one of the major factors that is fuelling the demand for compact dishwashers among the population.
APAC Compact Dishwasher Industry Overview
Asia Pacific compact dishwasher market is a fragmented market. The manufacturers of compact dishwashers are concentrating on maximizing their exposure in both residential and commercial markets. The compact dishwashers are typically intricate, composed of super materials, and robust. A few producers are now working with online sellers of compact dishwashers to ensure a more extensive distribution of their product offerings across a broader market. The key market players are- Whirlpool, Dyson, BSH, Mabe, and Electrolux.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Household Disposable Income Drives The Market
4.2.2 Changing Lifestyles and Time Constraints Drives The Market
4.3 Market Restraints
4.3.1 High Initial Costs
4.3.2 Infrastructure and Space Limitations
4.4 Market Opportunities
4.4.1 Technological Advancement in Compact Dishwasher
4.4.2 Increasing Population And Decreasing Space In Households
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights on technology innovation in the Market.
4.8 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Freestanding Dishwasher
5.1.2 Built-in Dishwasher
5.2 By Application
5.2.1 Commercial
5.2.2 Residential
5.3 By Distribution Channel
5.3.1 Multi brands store
5.3.2 Exclusive Store
5.3.3 Online
5.3.4 Other Distribution Channel
5.4 By Geography
5.4.1 Australia
5.4.2 China
5.4.3 India
5.4.4 Japan
5.4.5 South Korea
5.4.6 Rest of APAC
6 COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 LG Electronics Inc
6.2.2 Gorenje Group
6.2.3 Robert Bosch
6.2.4 Midea
6.2.5 Haier Electronics Group Co. Ltd
6.2.6 Siemens AG
6.2.7 IFB Appliances
6.2.8 Danby
6.2.9 SMEG S.p.A.
6.2.10 Panasonic Corporation*
7 MARKET FUTURE TRENDS
8 DISCLAIMER AND ABOUT US
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Household Disposable Income Drives The Market
4.2.2 Changing Lifestyles and Time Constraints Drives The Market
4.3 Market Restraints
4.3.1 High Initial Costs
4.3.2 Infrastructure and Space Limitations
4.4 Market Opportunities
4.4.1 Technological Advancement in Compact Dishwasher
4.4.2 Increasing Population And Decreasing Space In Households
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights on technology innovation in the Market.
4.8 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Freestanding Dishwasher
5.1.2 Built-in Dishwasher
5.2 By Application
5.2.1 Commercial
5.2.2 Residential
5.3 By Distribution Channel
5.3.1 Multi brands store
5.3.2 Exclusive Store
5.3.3 Online
5.3.4 Other Distribution Channel
5.4 By Geography
5.4.1 Australia
5.4.2 China
5.4.3 India
5.4.4 Japan
5.4.5 South Korea
5.4.6 Rest of APAC
6 COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 LG Electronics Inc
6.2.2 Gorenje Group
6.2.3 Robert Bosch
6.2.4 Midea
6.2.5 Haier Electronics Group Co. Ltd
6.2.6 Siemens AG
6.2.7 IFB Appliances
6.2.8 Danby
6.2.9 SMEG S.p.A.
6.2.10 Panasonic Corporation*
7 MARKET FUTURE TRENDS
8 DISCLAIMER AND ABOUT US
