Dishwashing Powder Market Size, Share & Industry Analysis, By Type (Scented, Unscented), By Quantity (0-1 Kg, 1-2Kg, 2-3 Kg, Others), By Application (Residential, Commercial) And Regional Forecast, 2024-2032

Dishwashing powder has observed an intensifying market advancement as people are increasingly adopting a hygienic lifestyle. The product has shown an increasing necessity as it helps to eradicate bacteria and germs off the dishes, makes removal of stain easier, and assist to shine the utensils. The rising growth of food catering business around the world has a positive influence on the increasing demand of the product. For instance, according to the data published by the Department for Environment Food & Rural Affairs, August 2020, is stating that the non-residential food catering of the United Kingdom is estimated to be worth USD 39.12 billion in 2018. Additionally, the increasing number of infectious diseases such as Covid-19, SARS, H1N1, and others is propelling the usage of the product as most kitchen utensils are wash and reuse by multiple users.

The thriving growth of food and beverage industry is leading to the escalate consumption of dishwashing powder is acting as a driving factor for the market growth. For instance, according to the Food and Drink Federation 2020 data published, is declaring that in the United States the Food and Drink is estimated to generate a revenue of USD 2,000 billion in 2018, and USD 742 billion is assessed to be contributed by store sales. Furthermore, the growing demand of the product in the cafeteria of offices and educational institutions is anticipated to boost the consumption rate.

Nevertheless, its substitute products such as bar soap, dishwashing liquid, and others possessing a strong presence in the market is acting as a hampering factor for the market growth.

Key Market Driver -

The flourishing growth of food and beverage industry is estimated to have a significant impact for the market growth.

Key Market Restraint -

Its substitute products possessing robust presence in the market is acting as a restraining factor for the market growth.

Key Players Covered:

Colgate-Palmolive Company, Henkel AG & Co. KGaA, Reckitt Benckiser Group plc, Procter & Gamble Co., Bombril, Church & Dwight Co., Inc., Unilever, and others are the key companies operating in the dishwashing powder market.

The dishwashing powder market is segmented into by type, quantity, application, and geography.

On the basis of type, the market is bifurcated into scented and unscented. Unscented is anticipated to the larger segment due to most consumers choose to use this product as they prefer a scentless dishwashing powder which does not interfere with the smell of the food.

Based on quantity, the market is fragmented into 0-1 kg, 1-2 kg,2-3 kg and others. 1-2 kg is estimated to be the prominent market shareholder owing to the product being considered as the perfect quantity for most consumers as it lasted for their desire amount of time.

By application, the market is grouped into residential and commercial. Commercial is projected to be the larger market on account of various food outlets intensely using the product for washing their utensils as they require washing of their dishes several times a day.

Regional Analysis:

On the basis of region, the market is divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

North America is assessed to be the prominent market shareholder and is projected to continue throughout the forecast period of 2020-2027. The booming growth of the hotel and restaurant industry in this region resulted in an increasing need for dishwashing products. For instance, according to the data issued by the Hospitality Net.Org, June 2019, is stating that the United States hotel industry has witnessed a rise in occupancy of 0.9% to 68.7%. Furthermore, the popularity of the usage of electronic dishwashers, especially in the United States and Canada is likely to accelerate the demand for the product.

Asia Pacific is anticipated to have a substantial growth in the dishwashing powder market owing to the rising growth of disposable income, resulting to foster the consumption of home care products, including dishwashing powder. For instance, according to the data released by the Trading Economics, stating that in 2019 the disposable personal income of India is assessed to be USD 3,021,810.73 million which is a rise from USD 2,817,238.69 million. Additionally, the rising number of cleanliness campaign in this region, leading to educate people on the importance of maintenance of hygiene is assisting to increase the consumption rate. For instance, according to the data issued by the Stockholm International Water Institute.Org, April 2020, is stating that the Clean India Mission or Swachh Bharat Mission carried out by the government of India is the largest sanitation initiative in the world which is helping large number of people across the country.

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Segmentation

Key Industry Developments-

• In March 2019, Finish brand with the partnership Bosh announced the launch of their dishwashing products in the Indian market


• In March 2019, Procter and Gamble declared the introduction of its natural dishwashing detergent. The product is free from phosphates and chlorine bleach.