Int'l : +1(646) 600-5072 | query@kbvresearch.com
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report, published by KBV research, The Global Portable Dishwasher Market size is expected to reach $6.4 billion by 2028, rising at a market growth of 5.5% CAGR during the forecast period.
The Residential segment is showcasing a CAGR of 6.6% during (2022 - 2028). Because of the growing innovation and research in home appliances, people are switching their old products to new, intelligent technology. Furthermore, with the increase in working people, the need for products that can make their daily work faster and more efficient is also rising. In addition, with the increased household income, people are spending more on home appliances, especially those which have multipurpose use and are also energy efficient at the same time.
The Offline segment acquired maximum revenue share in the Global Portable Dishwasher Market by Distribution Channel in 2021 thereby, achieving a market value of $4.9 billion by 2028. As the offline segments are the shortest and most straightforward source of direct distribution of goods to customers from manufacturers, with offline distributions, brands can create strong relationships with their consumers by engaging more with them.
The Economy segment has shown the growth rate of 6% during (2022 - 2028). This is due to the rising demand for home decor, there is an increase in the industry’s development. In addition, with the increase in the extra income of households, there is an inclination towards the redesigning of the living room and kitchens, and due to the ability of a portable dishwasher to be used as a stand for home décor items when not in use, their popularity in the economic segment is growing.
The North America market dominated the Global Portable Dishwasher Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2.3 billion by 2028. The Europe market is exhibiting a CAGR of 4.9% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 6.5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/portable-dishwasher-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Datamars SA, Panasonic Corporation, Samsung Electronics Co., Ltd. (Samsung Group), LG Electronics, Inc. (LG Corporation), Havells India Ltd., Haier Smart Home Co., Ltd. (Haier Group Corporation), Electrolux AB, Danby Products Ltd., Asko Appliances AB (Hisense Group), and SMEG S.p.A.
By End-use
By Distribution Channel
By Price Range
By Geography
Companies Profiled
Related Reports: