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Residential Dishwashers Market: Size and Forecast, 2014 – 2020 by Future Market Insights

  • Date Submitted: 10/07/2015 05:53 AM
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Global Residential
Dishwashers Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014 - 2020

Future Market Insights

www.futuremarketinsights.com

sales@futuremarketinsights.com

ReportDescription
Report Description
Increasing disposable income of consumers particularly in developing countries has been leading
to a shift of consumers from low income group to the middle class income group. This has also
led to a shift in consumer buying behavior with regard to various consumer products. The
consumer electronic devices which are used as a part of daily life are known as consumer
appliances. Few examples under the consumer appliance category include irons, hating
appliances, microwaves, home laundry appliances, dishwashers, among the others. Of the above
mentioned consumer appliances products, dishwashers are expected to witness significant
growth of around 5-6% and emerge as a potentially-viable segment during 2015-2020. The shift
in consumerism is majorly seen in countries such as India, China, Thailand, Singapore, Brazil,
Australia and others. However, parts of North America and Europe have been early adopters to
the product category.
Apart from increasing disposable income, modern retail expansion and increasing penetration of
household consumer appliances are expected to contribute towards a double-digit growth of
the consumer electronics segment in near future. Furthermore, dishwasher being a premium
product is expected to possess popularity amongst the middle class consumers worldwide.
Increasing number of women workforce is primarily supporting the demand for residential
dishwashers across the globe. Moreover, increased awareness among the consumers leading to
shift in preferences for dishwashers as compared to traditional washing practices, and changing
consumer lifestyle in urban areas owing to hectic work life schedule are expected to fuel the
demand for dishwashers in next five to six years....

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