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Argentina Dishwasher Market Research Report, 2028

Argentina Dishwasher Market Research Report, 2028

Actual Market Research 28-02-2023 60 Pages Figures : 5 Tables : 12 Region : South America Country : Argentina Category : Consumer Goods & Services Appliances & Equipment

The increasing availability of dishwashers in Argentina, as well as the growing awareness of their benefits in terms of time savings and energy efficiency, is expected to continue driving growth in the dishwasher market in the coming years. During the 1980s and 1990s, dishwashers began to gain wider acceptance among Argentinean consumers, driven by rising disposable incomes and changing lifestyles. During this period, several local and international brands entered the market, offering a range of models and features to suit different needs and budgets. In the early 2000s, the dishwasher market in Argentina began to experience significant growth, driven by several factors. One key factor was the increasing availability of credit, which allowed more consumers to purchase these appliances on installment plans. Another factor was the growing awareness of the hygiene benefits of using dishwashers, particularly in urban areas where water quality and sanitation can be a concern. Additionally, the growing popularity of open-plan living spaces and smaller apartment sizes in urban areas made dishwashers a more practical and space-saving option for many households. According to the research report “Argentina Dishwasher Market Research Report, 2028," published by Actual Market Research, the market is expected to add USD 50.31 Million by 2028. Personal disposable income growth, increased health and hygiene awareness, consumers' busy and hectic lifestyles, an increase in the number of small and medium-sized restaurants, growth of the tourism industry, an increase in the number of women employed, and an increase in the popularity of eating out are some of the major factors that exponentially contribute to the growth of the dishwasher market. People are increasingly using dishwashers and other smart kitchen appliances to improve their living conditions. Furthermore, demand for technologically advanced appliances and luxury goods have propelled the dishwasher market's growth. In terms of energy efficiency, the Argentine government has established a voluntary labeling program called "Sello de Eficiencia Energética" (Energy Efficiency Seal), which rates the energy efficiency of different appliances, including dishwashers. The rating system ranges from A to G, with A being the most energy-efficient and G being the least efficient. Consumers can use this label to choose more energy-efficient appliances and reduce their energy consumption. The dishwasher market in Argentina is divided into two categories: built-in and freestanding. Currently, the market is dominated by freestanding dishwashers because they are more affordable and widely available compared to other types of dishwashers such as built-in or integrated models. They are also easier to install, as they do not require custom cabinet fittings or modifications to existing cabinetry. This makes them an attractive option for many consumers who are looking for a simple and cost-effective solution for their dishwashing needs. Freestanding dishwashers are often more energy-efficient and water-efficient than other types of dishwashers. This is because they use their own heating elements and pumps to circulate and heat water, which can help reduce energy and water consumption compared to handwashing dishes. During the forecast period, it is expected that built-in dishwashers will dominate the market for dishwashers in Argentina due to several advantages, including a sleek and integrated appearance, more customised options in terms of size and design, and the ability to blend in seamlessly with existing cabinetry. The dishwasher market in Argentina is divided into four sales channels Multi- Brand, Specialty Stores, online (E-commerce) and others. Multi-Brands currently dominate the dishwasher market in Argentina due to their wide selection of dishwashers from various brands with varying features, designs, and price points. Customers can compare different models and brands and choose the one that best fits their needs and budget. Multi-Brands generally have a high level of stock and availability of dishwashers, which can be important for customers who need a dishwasher quickly or who have specific requirements for delivery or installation. The Dishwasher market of Argentina is segmented by application type residential and commercial; currently the market is dominated by Residential sector due to High household ownership, increased housing construction, growing environmental awareness. During the forecast period it is expected that the market will be dominated by residential sector. Considered in this report • Geography: Argentina • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Argentina Dishwasher market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Application Type • Residential • Commercial By Type • Built-in • Free Standing By Distribution Channel • Multi-brand stores • Specialty stores • Online (ecom) • Other The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Dishwasher market, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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