According to the research report titled ‘Global Portable Dishwasher Market Size study, by Price (Economy, Mid-range, Luxury) by End Use (Commercial, Residential) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global portable dishwasher market was worth USD 5007.8 million in 2021 and is anticipated to witness 9% CAGR during the stipulated timeframe to be worth USD 9154.5 million over 2022-2028.

Report findings suggest that rising disposable income of individuals, evolving lifestyle, and booming working population are the major growth stimulants for global portable dishwasher market.

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For the uninitiated, a dishwasher is an automatic utensil cleaning machine, which saves time since it doesn’t require any monitoring. These portable dishwashers are easily affordable for individuals of all class.

Furthermore, rapid expansion of retail sector as well as ongoing technical advancements in the home appliances vertical are expected to bolster industry expansion in the coming years.

However, increasing consumption of energy, and rising electricity prices may hamper market growth during the stipulated timeframe.

Based on price, the industry is divided into luxury, mid-range, and economy. In terms of end use, worldwide portable dishwasher market is split into residential and commercial.

From the regional point of view, the latest industry trends are studied across North America (U.S., Canada), Europe (U.K, France, Italy, Germany, Spain), Asia Pacific (China, Australia, Japan, South Korea, India), and Latin America (Brazil, Mexico).

Among these, North America market holds a major revenue share at present, owing to rising demand for white goods such air conditioners, dishwashers, vacuum cleaners, refrigerators, and water heaters as well as increasing installation of portable dishwashers and smart refrigerators in households.

Whereas Asia Pacific industry is slated to progress with a healthy CAGR over the analysis timeframe, due to increasing disposable income of individuals, and growing urbanized population.

From the competitive frame of reference, The Middleby Corporation, Samsung Electronics Co. Ltd., Panasonic Holdings Corporation, Midea Group, LG Electronics Inc., Havells India Limited, Haier Inc., Electrolux AB, Danby Appliances Inc., and Whirlpool Corporation are the leading players in global portable dishwasher market. These companies are consistently extending their market penetration through new product portfolio additions, financial investments, mergers and acquisitions, and strategic partnerships.