As per Fact.MR, a market research and competitive intelligence provider, the global dishwashing products market is expected to progress at a CAGR of 6% over the next ten years.
There is a rising trend in the usage of dishwashing products worldwide as people are becoming more aware of their capability to not only clean dishes but also help protect oneself from various types of diseases. Positive attributes of the usage of these products include eliminating germs, preventing dishes from stains, and many others.
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Key Takeaways from Market Study
- Global dishwashing products market to top US$ 35 Bn by 2031.
- Dishwashing liquid valuation projected to reach around US$ 10 Bn by 2031.
- Dishwashing powder sales projected to record above 4% CAGR over next 10 years.
- Market in Asia Pacific holds share of more than 40%.
- Market in Germany expected to reach valuation of US$ 8 Bn by 2031.
- Market in Australia to record 4% CAGR over forecast period of 2021- 2031.
“Rapid changes in lifestyle, increased disposable income, and health and environmental concerns have resulted in the development of skin-friendly natural dishwashing products, which are expected to fuel market growth,” according to a Fact.MR analyst
Market Competition
Companies are spreading awareness and conducting promotional drives to increase their sales of dishwashing products in emerging economies of the globe.
Advertisements and promotional initiatives undertaken by companies such as distribution of free samples of dish detergents, promotional drives on various social-media platforms, etc., is a factor projected to surge demand for dishwashing products over the coming years.
Product improvement, switching to natural ingredients, and focusing on service extension is helping companies gain a foothold in the dishwashing products market.
Key Segments Covered in Dishwashing Products Industry Research
- Product
- Liquid Dishwashing Products
- Powder Dishwashing Products
- Gel Dishwashing Products
- Tablets Dishwashing Products
- Material Use
- Synthetic Dishwashing Products
- Natural Dishwashing Products
- Sales Channel
- Online
- Company-owned Websites
- E-commerce Websites
- Offline
- Specialty Stores
- Hypermarkets/Supermarkets
- Online
- Application
- Residential Dishwashing Products
- Commercial Dishwashing Products
- Store-based Dishwashing Products
- Non-store-based Dishwashing Products
