2-Tier Dish Drying Rack
$699
Introducing our innovative 2-tiered dish drying rack that will revolutionize the way your customers dry their dishes! This space-saving solution is designed to efficiently dry plates, bowls, glasses, utensils, and more, while keeping the countertop clean and dry. With two spacious levels, it provides ample room for all kitchenware. The removable plastic tray collects excess water, ensuring a quick drying process and preventing any mess. Made from durable materials, this rack is built to last. It is also easy to assemble and folds down for convenient storage. Don't miss out on this must-have addition to any kitchen!
54%
Opportunity Score
An average of all the key measures and so the broad measure of the opportunity potential for a new product
61%
Buyer Demand
Strength of monthly search volume and monthly sales volume for the organic keyword listing selected
80%
Revenue Potential
This metric reviews the revenue that existing listings are generating as well as the potential sales volume
29%
Competition Opp.
Based on the number of strong versus weak competitors appearing, your opportunity at succeeding in the market
Market Data Overview
The 2-Tier Dish Drying Rack market is experiencing significant growth due to the rising demand for efficient and space-saving kitchen solutions. Consumers are increasingly seeking practical and stylish options to dry their dishes without taking up too much counter space. The market offers a wide variety of designs and features to cater to different needs and preferences, with stainless steel and plastic being the most commonly used materials.
0,646
Search Volume
Represents the average search volume for keywords relating to the product category. Directly linked to buyer demand.
$30.81
Average Price
Averaged across the top five selling products within the product category
$48,152
Average Revenue
Estimated monthly revenue of the top 50 products within the product category
$38,900
Launch Budget
Total estimated investment for three months of inventory stocked in a warehouse ready for launch
Estimated Factory Costs
These are the estimated costs of developing your product with a factory and what you should expect to pay for samples and expect to pay for units in production
$90-$120
Est. Sample Cost
$3,250-$3,750
Est. Tooling Cost
$7.60-$19
Est. Unit Cost
Development/Service Costs
These are estimated totals for each key development milestone towards getting your concept into production supported by a team of experts in the Region of your choice, dealing with Factories directly, representing you.
$10003 weeks
Sourcing
$15006 weeks
Sampling & Tooling
$15006 weeks
Production
$400013-17 Weeks
Total Estimates
Design Features Overview
Additional technical specifications and detailed feature
sets are provided in your design pack on purchase.
What you Receive with your Concept
What happens Next
Additional Information
I have a question concerning this product concept