Dishwasher Market
Dishwasher Market 10-Year Market Forecast and Trends Analysis Research Report
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.
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