The global laundry detergent pods market size is expected to reach USD 12.37
billion by 2025, according to a new report by Grand View Research, Inc. It is
anticipated to expand at a CAGR of 4.6% during the forecast period. Increasing
awareness about the benefits of laundry detergent pods such as excellent fabric
protection and longevity along with excellent cleaning is anticipated to fuel
the product demand. The composition of product is strong enough to remove
stains and dirt but not harsh enough to the fabric.
Biological products generated a revenue of
more than USD 3 billion in 2018. Rising concerns over adverse effects
associated with synthetic detergents as they contain chemicals including
phosphates which are considered non-biodegradable, is expected to promote the
scope of application for biological capsules. Over the past few years,
increasing emphasis is being given to reducing the greenhouse emissions in
manufacturing sector on a global level as a result of implementation of
environmental regulations by the regulatory bodies including the U.S.
Environment Protection Agency (EPA). The environmental concerns are also
expected to force the detergent manufacturers to use biological ingredients for
their laundry detergent pods.
In March 2019, Unilever under its brand
line Homey launched washing tablet available in recycled and recyclable
packaging. The reasonably priced product is eco-friendly and can help reduce
the pollution caused by the microfibers present in conventional products. In
March 2019, Smol launched Super Concentrated Liquid Capsules. These products
are claimed to be 100% vegan and are fragranced with essential oil.
Household application accounted for a
leading market share of more than 60% in 2018 and is expected to continue the
dominance over the next few years as majority of washing machine companies
recommend using laundry detergent pods for the longer life of the machine.
Increasing household income in countries including China and India is expected
to expand the market size over the next few years.
To request a sample copy
or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/laundry-detergent-pods-market
https://www.grandviewresearch.com/industry-analysis/laundry-detergent-pods-market
Further key findings from the report suggest:
· Non-biological products generated a revenue
of more than USD 5 billion in 2018
· Commercial segment is expected to foresee a
CAGR of 5.1% from 2019 to 2025
· North America accounted for a share of more
than 35% of the laundry detergent pods market in 2018
Grand View Research has segmented the
global laundry detergent pods market on the basis of product, application, and
region:
Laundry Detergent Pods Product Outlook
(Revenue, USD Billion, 2015 - 2025)
·
Non-Biological
·
Biological
Laundry Detergent Pods Application Outlook
(Revenue, USD Billion, 2015 - 2025)
·
Commercial
·
Household
Laundry Detergent Pods Regional Outlook
(Revenue, USD Billion, 2015 -2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
U.K.
·
Asia Pacific
o
China
o
India
·
Central & South America
o
Brazil
·
Middle East & South Africa (MEA)
o
South Africa
About Grand View Research
Grand View Research,
Inc. is a U.S. based market research and consulting company, registered in the
State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
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