USD 4.77 billion
Report ID: SQSG25H2007 | Region: Global | Published Date: April, 2023 | Pages: 157 | Tables: 120 | Figures: 85
Portable Dishwasher Market size was valued at USD 4.77 billion in 2021 and is poised to grow from USD 5 billion in 2022 to USD 6.76 billion by 2030, growing at a CAGR of 4.9% in the forecast period (2023-2030).
A dishwasher is a machine that cleans dishes and cutlery automatically. This machine requires no monitoring and hence saves more time than typical manual approaches. Companies are inclined to prioritize R&D in order to generate products that surpass their competition. Home appliance manufacturers are focusing on growing sales. The exponential expansion in population in metro centres has propelled the growth of the kitchen appliances market. People are mostly migrating from rural areas to metropolitan areas in search of better work possibilities. This shift creates new prospects for real estate, hotels and restaurants, hospitals and clinics, and other businesses that require a variety of kitchen appliances. As well as when the urbanized population grows, so will the need for home equipment such as portable dishwashers, as the metro population seeks a higher standard of living.
US Portable Dishwasher Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 4.77 billion
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Global portable dishwasher market is segmented based on capacity, application, price range, sales channel, and region. Based on capacity, market is segmented into 5-10 Place settings, 10-15 Place settings, above 15. Based on application, market is segmented into commercial, residential. Based on price range market is segmented into Under US$ 50, US$ 50 – US$ 100, US$ 100 – US$ 200, Above US$ 200. Based on sales channel, market is segmented into Wholesalers/ Distributors, Multi brand stores, Exclusive stores, online stores, and other sales channels. Based on region, market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa.
Portable Dishwasher Market Analysis by Nature Type:
The market is divided into 5-10 place and 10-15 place settings based on capacity. Due to compact size and low cost compared to other capacity types, 5-10 place settings are likely to lead the global market. Users can watch the washing process through 5-10 place settings, depending on the method of operation they choose. Built-in fans for drying utensils are among the devices featured in this category. Furthermore, such devices allow users to clean utensils quickly and easily. Additionally, devices with 5-10 place settings are more portable and energy-efficient than other product types. As a result of these considerations, 5-10 place setting categories create large product revenues.
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Based on region, global portable dishwasher market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. Owing to growing consumer tastes toward luxury and comfortable home appliance solutions, the Asia Pacific region is predicted to lead the global market from 2021 to 28. The growing consumer preference for modular design-based kitchen equipment supports the demand for such items among Asian populations. Furthermore, the strong presence of important manufacturing businesses such as Samsung Electronics, Haier Group, and Panasonic Corporation is contributing to the region's market growth. Currently, such businesses are conducting a variety of marketing and promotional efforts to sell their products, so boosting the region's market growth. For example, in August 2020, Robert Bosch GmbH launched the "Indian Kitchen ka Dishwasher" digital campaign to educate customers about the proper use of dishwashers. The North American region is also expected to have substantial market growth potential between 2021 and 2028. The regional market growth can be ascribed to the growing number of millennials who prefer smart home solutions. Emerging outdoor leisure patterns among the US population are also boosting regional product demand. The increasing number of resorts and bars in the United States and Canada contributes to the region's portable dishwasher market growth.
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Portable Dishwasher Market Drivers
Portable Dishwasher Market Restraint
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The portable dishwasher market is fragmented, to meet the increasing customer demands, leading players in the global portable dishwasher are focusing on product introduction and acquisition as important development strategies. Companies would benefit from acquisition if they could share technology requirements for existing and new products. This is likely to assist market leaders in expanding their product portfolio with relatively little investment and thereby increasing their market share.
Top Players in the Global Portable Dishwasher Market
Portable Dishwasher Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global portable dishwasher market analysis, portable dishwasher is a consumer durable or a household appliance that is traditionally sold at a variety of retail outlets. Increases in disposable income and home improvement spending are likely to drive the worldwide portable dishwasher market over the forecast period. Furthermore, as people adopt smart appliances to better their standard of living, organizations dealing in portable dishwashers are extensively engaging in R&D operations.
|Market size value in 2021||USD 4.77 billion|
|Market size value in 2030||USD 5 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Portable Dishwasher Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Portable Dishwasher Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Product ID: SQSG25H2007