India Dishwasher Market 2026: Future Growth and Opportunities | TechSci Research
Increasing disposable income, adoption of western culture, product Innovation and a growing working population to drive India dishwasher market until FY2026.
According to TechSci Research report, “India
Dishwasher Market,
By Type (Free-Standing, Built-in), By Distribution Channel
(Multi-Branded/Distributor Sales, Exclusive Stores, Online,
Hypermarkets/Supermarkets), By Region, Competition, Forecast &
Opportunities, FY2026”, India
dishwasher market is expected to grow at a CAGR of 12.35% by value during
2021-2026F. The India dishwasher market is driven by the growing working population and changing consumer lifestyle. Anticipated growth in
the market can be attributed to rising urbanization and increasing personal
disposable income in the country. Moreover, the surging number of working women
and nuclear families is further pushing the demand for dishwashers across the
country. In addition, dishwashers are emerging as the new helping hand for
families who have restricted the entry of maids after the lockdown period.
During the lockdown, all the working professionals were working from home, cooking more and
ordering less, which led to a rise in the demand for dishwashers. The
market is witnessing a shift towards the demand for built-in type of
dishwashers with rising modular kitchen concepts in India.
India dishwasher market is segmented based on
product type, distribution channel, and region. Based on product type, the
market can be categorized into built-in and free standing. Among them, the
free-standing segment dominated the market with a share of more than 80% by
volume in FY2020 and is expected to maintain its dominance during the forecast
period as well, as it is easily portable and widely available in shops with
different variants at cheaper cost.
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14 Figures spread through 70 Pages and an in-depth TOC on" India
Dishwasher Market"
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The
distribution channel of the India dishwasher market is categorized into
multi-branded stores/distributor sales, exclusive stores,
supermarkets/hypermarkets and online channels. Multi-branded stores/distributor
sales have accounted for the majority share in India dishwasher market in
FY2020 followed by exclusive stores. Companies are trying to increase their
focus to make their products reach exclusive stores, multi-branded stores, and
online channels across the country. Urban areas remain the main target selling
points in the country. However, multi-branded stores, exclusive stores, etc.
provide the advantage of showing the products to consumers before buying, which
helps them to choose the right product. Moreover, multi-branded and exclusive
store channels supply product quickly to consumers as compared to the online
channel, where consumers are made to wait for the product delivery according to
the pin code availability.
In
terms of region, the India dishwasher market is categorized into West India,
North India, South India and East India. West India is the largest contributor
in the India dishwasher market, on account of the increasing number of nuclear
families, wider product availability, along with better penetration of online
channels as well as offline channels. On the contrary, East India faces challenges
due to transportation problems, while North India is expected to grow at a
higher pace during the projected period.
IFB
Industries Ltd., BSH Household Appliances Manufacturing Pvt. Ltd., LG
Electronics India Pvt. Ltd., Samsung India Electronics Pvt. Ltd., AB
Electrolux, Elica PB India Private Limited, Kaff Appliances (India) Private
Limited, Miele India Pvt. Ltd., Franke Faber India Ltd. and Whirlpool of India
Ltd. are the major market players operating in the industry. The players are
focusing on strategic partnerships to expand their reach and maintain their
competitive position in the market.
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“India
dishwasher market is expected to witness significant growth during the forecast
period. Government support by schemes such as “production linked incentive
(PLI) scheme” is expected to provide a boost in local manufacturing of white
goods in India, with a heavy financial aid of 25% on identified electronic
goods, which will further help in growing the India dishwasher market,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“India
Dishwasher Market, By Type (Free-Standing, Built-in), By Distribution Channel
(Multi-Branded/DistributorSales,ExclusiveStores,Online,Hypermarkets/ Supermarkets),
By Region, Competition, Forecast & Opportunities, FY2026” has evaluated the future growth potential of
India dishwasher market and provides statistics and information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyses the emerging trends along with
essential drivers, challenges, and opportunities in the India dishwasher
market.
Contact
Mr. Ken Mathews
708
Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
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