Dishwashing Detergent Market to Grow with a CAGR of 8.3% Globally through to 2028
Increasing demand for
sustainable and efficient cleaning products, rising disposable income in
emerging economies are factors driving the global dishwashing detergent market
in the forecast period 2024-2028.
According to TechSci Research report, “Global Dishwashing
Detergent Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”, the Global Dishwashing Detergent Market stood
at USD 17.8 billion in 2022 and is anticipated to grow with a CAGR of 8.3% in
the forecast period, 2024-2028. Emerging economies and rising disposable income
are likely to propel the market demand over the forecast period. In addition,
increasing demand for eco-friendly and bio-based products over chemical-based
products has augmented the growth of the market.
The Dishwashing Detergent Market is an integral part
of the cleaning and hygiene industry. It includes a range of products designed
to remove food residues, grease, and stains from dishes, utensils, and
cookware. Dishwashing detergents come in various forms, including liquid, gel,
powder, and single-dose packets, to cater to diverse consumer preferences and
needs.
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Detergent Market”
The Dishwashing Detergent Market has experienced
steady growth over the years, driven by factors like population expansion,
urbanization, changing lifestyles, and increased awareness of hygiene and
convenience. The Dishwashing
Detergent Market is highly competitive, with numerous players operating on both
global and regional scales. Prominent multinational companies like Procter
& Gamble (P&G), Unilever, Henkel, and Reckitt Benckiser dominate the
market with well-known brands such as Cascade, Finish, Sunlight, and Fairy.
Additionally, private label brands from retailers are making significant
inroads in the market, offering consumers cost-effective alternatives.
The modern, fast-paced lifestyle has led
consumers to seek convenient solutions for daily chores, including dishwashing.
Dishwashing detergents offer efficient and time-saving options, especially for
those with busy schedules. The importance of maintaining a clean and hygienic
kitchen has been emphasized, particularly during the COVID-19 pandemic. This
heightened awareness has driven the demand for dishwashing detergents with
antibacterial properties and enhanced cleaning capabilities. The global shift
toward sustainability has encouraged manufacturers to develop eco-friendly and
biodegradable dishwashing detergents. Consumers are increasingly seeking
products that minimize their ecological footprint. Manufacturers are
continually innovating to create unique, high-performance detergents. These
innovations include multi-functional products, specialized formulations for
machines, and convenient packaging. Rising disposable incomes have allowed
consumers to spend more on premium, high-quality products. This trend has
driven the market toward premium and specialized dishwashing detergents. Urbanization
has led to smaller living spaces and an increased reliance on dishwashers.
Manufacturers have adapted by offering detergents tailored for machine use and
catering to changing consumer lifestyles.
Consumers are increasingly seeking
eco-friendly and sustainable dishwashing detergents, leading to the development
of biodegradable and plant-based options. The use of natural ingredients like
citrus extracts, aloe vera, and essential oils is on the rise as consumers seek
safer and greener options. Manufacturers are investing in research and
development to create detergents with advanced cleaning technology, including
pre-soaking and stain-removing products.
The Global Dishwashing Detergent Market is segmented
into type, end use, distribution channel, regional distribution, and company.
Based on its formulation, Due to the rising demand,
the hand dishwashing detergents category had the highest revenue share in 2022.
Due to their affordability, hand dishwashing detergents have seen a sharp
increase in demand in emerging economies like China, India, and Malaysia. Consequently,
during the course of the projection period, all of these variables are
anticipated to support the segment's expansion.
Based on region, Europe emerged as the dominant player
in the global dishwashing detergent market in 2022, holding the largest market
share. The rising number of dishwashers per household in this area is driving
up demand for machine dishwashing detergents, which is fueling the market's
expansion.
Major companies operating in Global Dishwashing
Detergent Market are:
- Procter & Gamble (Cascade)
- Unilever
- Henkel AG & Co. KGaA (Pril)
- Reckitt Benckiser Group PLC (Finish)
- Colgate-Palmolive Company
- Kao Corporation
- The Clorox Company
- Bombril
- Dropps
- Blueland
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“The Dishwashing Detergents market has witnessed
remarkable growth in recent years. This expansion can be attributed to several
key factors, including changing consumer lifestyles, increased awareness of
hygiene, and a surge in demand for convenient cleaning solutions. The market's
response to environmental concerns with the development of eco-friendly and
sustainable products has also contributed to its growth. Furthermore,
innovations in cleaning technology and product differentiation have attracted
consumers seeking advanced and specialized detergents. With increasing
disposable income and the rise of e-commerce, the Dishwashing Detergents market
is expected to continue its upward trajectory, catering to diverse consumer
preferences.,” said Mr. Karan Chechi, Research Director with TechSci Research,
a research-based management consulting firm.
“Dishwashing
Detergent Market – Global Industry
Size, Share, Trends, Opportunity, and Forecast, Segmented By
Type (Machine Dishwashing Detergents, Hand Dishwashing Detergents, Others), By
End Use (Household, Commercial), By Distribution Channel (Offline, Online), By
Region, By Competition, 2018-2028”, has evaluated
the future growth potential of Global Dishwashing Detergent Market and provides
statistics & 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 analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Dishwashing Detergent Market.
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