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Dishwasher Market to be Driven by Rising Working-class Professionals & Increasing Consciousness for Cleanliness, Hygiene & Sanitation Till 2025 | Million Insights
The commercial segment dominated the dishwasher market accounting for a revenue share of over 60% in 2018. Growing application of products in commercial spaces such as puns, restaurants, hotels and cafes has been supplementing the sales of the product. On the other hand residential segment is projected to expand with a CAGR of 8% from 2019 to 2025. Customers' inclination towards designer kitchen patterns along with the adoption of household appliances is expected to bode well the segment growth.
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Asia Pacific is predicted to ascend with a CAGR of more than 10% over the forecast period. The market growth is attributed to growing awareness for sanitation and increasing adoption of the modular kitchen. The key markets include India , Taiwan , China and South Korea . The product offering in the region is increased by the arrival of global manufacturers in the region. Also, the launch of personalized products by the domestic players has been fueling the regional market growth.
https://www.millioninsights.com/industry-reports/global-dishwasher-market
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