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Although dishwasher has been a revolutionising product from consumer appliance industry, it is still considered a luxury item in most of the developing countries.The market research however estimates that growing middle-class populations in developing countries can play a key role in ramping up adoption of dishwashers in the near future. While U.S., Canada, and Europe will remain the leading markets, sales will remain sluggish on account of long replacement cycles. Emerging economies, where a large consumer base is yet to buy their first dishwasher, will emerge as a lucrative market for manufacturers.
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Dishwasher Market Share, Analysis and Segments 2016- 2026 December 2016 Report Id : REP-GB-1576 Status : Ongoing Category : Retail and Consumer Products ©2015 Future Market Insights, All Rights Reserved
About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2
Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications# Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3
Dishwasher Market Dishwasher Market Share, Analysis and Segments 2016-2026 Dishwasher sales will continue to be concentrated in North America and Western Europe, with demand in emerging markets failing to witness an uptick. High product maturity in developed regions can pose challenges to new installations, however, availability of technologically advanced dishwashers is influencing consumers to think about a replacement. Use of manual labour or maids to do household chores has been a longstanding impediment to adoption in developing countries; however, increasing influence of western lifestyle can boost sales in urban areas. Overall growth of the dishwasher market will also be impacted by ‘eating out’ trend, which is more pronounced in Japan, Hong Kong, and Taiwan. APEJ Dishwasher Market Anticipated to Grow Although dishwasher has been a revolutionising product from consumer appliance industry, it is still considered a luxury item in most of the developing countries.The market research however estimates that growing middle-class populations in developing countries can play a key role in ramping up adoption of dishwashers in the near future. While U.S., Canada, and Europe will remain the leading markets, sales will remain sluggish on account of long replacement cycles. Emerging economies, where a large consumer base is yet to buy their first dishwasher, will emerge as a lucrative market for manufacturers. Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1576 ©2015 Future Market Insights, All Rights Reserved 4
Dishwasher Market Dishwasher Market: Segmentation FMI’s research report on the global dishwasher market offers a 10-year forecast, segmenting the market on the basis of application, product, and distribution channel. On the basis of application, key segments are Residential Industrial Key product type segments include, Free-standing Built-in By distribution channel, the report offers forecast and analysis on, Traditional stores ©2015 Future Market Insights, All Rights Reserved 5
Dishwasher Market Specialist stores Mono-brand stores Modern stores Supermarkets Hypermarkets Online stores In-built Dishwashers Will Continue to Witness Higher Demand than Free-standing Dishwashers Connected homes are influencing buying decisions of consumers, with a vast majority opting for in-built dishwashers as they take up lesser space and can be integrated within a pre-planned kitchen design. Key Drivers Fuelling Market Growth Busy lifestyle ©2015 Future Market Insights, All Rights Reserved 6
Dishwasher Market Consumers have been looking for automated home appliances to support their busy lifestyles. Dishwasher is among the most popular time-saving appliances across the globe. Connected home appliances Connected homes is the future of home design, which offers pre-designed spaces for connected appliances, including dishwashers. Rising disposable income This has been a key macroeconomic trend in emerging economies. India and China have been recording notably high GDPs since 2015, which is allowing middle class populations to spend more on luxury. Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-1576 Restraints to Wider Adoption of Dishwasher Expensive prices Basic economic dishwasher models are available in the range of US$ 600-US$ 1000. ©2015 Future Market Insights, All Rights Reserved 7
Dishwasher Market Longer replacement cycles A typical dishwasher can be expected to work efficiently for seven to 12 years. The average working expectancy can be considered 10 years. Ongoing and Prospective Market Trends Delivering better dishwashing mechanics Development of better detergents Manufacturing of noise-cancelling machines Incorporation of enhanced sensors and features for connecting to smartphones for better monitoring of dishwasher cycles Integrated mobile apps with features such as ‘push’ or ‘alert notifications’ about dishwasher cycles Remote locking features for better security Detergent level monitors embedding automatic detergent-ordering from reliable brands ©2015 Future Market Insights, All Rights Reserved 8
Dishwasher Market Key Players in Global Dishwasher Market GE, Bosch, Whirlpool, Electrolux, KitchenAid, Maytag, LG, Amana, Arcelik, and Haier are the key players in market and each of them has a host of flagship brands with an extensive portfolio. While these brands are currently leading the market, Maytag and KitchenAid are enjoying higher popularity compared to others. Market Opportunities Investment in R&D to develop innovative, advanced, and user-friendly dishwashers can help manufacturers in gaining a competitive edge in the global dishwasher market. According to the research report, designing region-specific or consumer-specific dishwashers in emerging markets can be a strategic move to appeal to the target audience. Click here to Order a free sample ©2015 Future Market Insights, All Rights Reserved 9
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