Global Dishwasher Market (“2021 to 2030) – by Product, Application, Distribution Channel and Geography – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Dishwasher Market by Product, Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to from ResearchAndMarkets.com offer.

Global Commercial Undercounter Dishwasher Market was valued at USD 2,86,400.3 Million in 2020 and is projected to reach USD 4,07,271.6 Million by 2030, registering a CAGR of 3.8% from 2021 to 2030.

A commercial undercounter dishwasher is intended for washing cutlery, plates and dishes in a commercial kitchen. It is designed to serve the limited kitchen space and cleaning needs of catering entities such as restaurants, hotels, bars, cafes and similar establishments.

The major factor driving the growth of the commercial undercounter dishwasher market is the growing popularity of restaurant culture. According to the National Center for Biotechnology Information (NCBI), more than 50% of American adults eat out three or more times a week. In the UK and South Korea, about 27.1% and 60% of adults eat out at least once a week, respectively. Hence, the increase in the importance of dining out in restaurants, hotels, cafes and other similar establishments has notably contributed to the growth of the global commercial undercounter dishwasher market.

Furthermore, the integration of technologies such as artificial intelligence, robotics, Wi-Fi, automatic dosing and linear washing systems by the major market players is expected to open up new avenues for the development of the global market in a near future. Additionally, these technological advancements are expected to reduce cleaning costs, save energy and promote sustainability in the marketplace.

Additionally, increasing penetration of restaurants, hotels, cafes, bakeries, bars and catering units across the globe is expected to increase the demand for commercial undercounter dishwashers during the forecast period. Rising population coupled with increasing food needs, increasing disposable income and increasing hygiene awareness are driving the growth of restaurants, bars, hotels and cafes, which which, in turn, is expected to drive the growth of the Commercial Undercounter Dishwasher market.

However, the long replacement cycle and high costs of dishwashers are expected to hamper the market growth in the foreseeable future.

The global commercial undercounter dishwasher market is segmented into product, end-user, distribution channel, and region. On the basis of product, the market is divided into high temperature and low temperature. By end user, it is separated into hotels, restaurants and others. According to the distribution channel, it is separated into supermarket/hypermarket, specialty stores and online sales channel. By region, it is analyzed in North America (United States, Canada and Mexico), Europe (United Kingdom, Germany, France, Italy, Spain and rest of Europe), Asia-Pacific (China, Japan , India, South Korea, Australia and Rest of Asia-Pacific) and LAMEA (Brazil, South Africa, Saudi Arabia and Rest of LAMEA).

Key Benefits

  • The report provides quantitative analysis of the current market, estimates, trends and dynamics of the global Commercial Undercounter Dishwasher market size from 2020 to 2030 to identify existing market opportunities.

  • Key countries in all major regions are mapped based on market share and market trends.

  • Porter’s Five Forces analysis highlights the ability of buyers and suppliers to enable stakeholders to make profit-driven business decisions and strengthen their supplier-buyer network.

  • In-depth analysis of market segment and size helps in determining the existing market opportunities.

  • Major countries in each region are mapped according to their contribution to global Commercial Undercounter Dishwasher industry revenue.

  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the current position of market players.

Market dynamics

Drivers

  • Growing popularity of restaurant culture

  • Increased number of small restore entities

  • Lifestyle changes and increased disposable income

  • Increased spending on home improvements

Constraints

  • Long replacement cycle

  • High cost involved

  • Lack of adequate electrification

Opportunities

  • Robotics and AI-guided dishwashers are the latest trends

  • Rapid growth of the retail sector

  • The smart dishwasher is expected to drive the market in the near future

Companies cited

  • Asko Appliances AB

  • Fagor Household Appliances

  • Haier Group Company

  • LG Electronics Inc.

  • Environment by company

  • Miele & Cie. KG

  • Robert Bosch GmbH

  • Samsung Electronics Co. LTD.

  • Whirlpool Corporation

  • Baumatic SA

For more information on this report, visit https://www.researchandmarkets.com/r/smh83

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