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Global Dishwashing Products Market Opportunities, Key Growth Factors, Ongoing Trends, Market Perspective and Forecast till 2022
, February 13, 2018 ) Considering the wide variety of utensils & cutlery used across residential or commercial kitchens, manufacturers of dishwashing products are shifting their focus towards extending the capacity of dishwashers and improving the rinsing characteristics of products. Demand for new products that can assist in integration of drying & assorting process with rinsing cycles of dishwashers are expected to outline the growth of
global dishwashing products market
. This report, compiled by Fact.MR, provides in-depth analysis of the global dishwashing products market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of Fact.MR’s report is to analyze the global dishwashing products market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Dishwashing product manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to dishwashing products.
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Key Highlights from the Report
1. In 2017, nearly 40% of global dishwashing products market value will be procured from sales of hand dishwashing products. The report also anticipates that dishwashing machines will also secure a considerable share over global revenues over the forecast period.
2. Europe will remain the largest market, and the most attractive market for dishwashing products through 2022. Rising disposable incomes of European consumers, increasing investments in Europe’s foodservice markets, and higher preference to technologically-advanced dishwashing continues to account for higher sales of dishwashing products in this region.
3. Manufacturing of dishwashing products is hypercritical in nature, and involves stringent monitoring. Industrial regulations implemented in the Asia-Pacific excluding Japan (APEJ) region are observed favorable for large-scale manufacturing of dishwashing products. APEJ countries such as China offer ample resource availability for manufacturers, who are further motivated in setting up production units across such low-wage countries. The report expects that between 2017 and 2022, the APEJ dishwashing products market will create an absolute $ opportunity of over US$ 800 Mn.
4. Proactive consumer lifestyles in North America are also expected to impact the sales of dishwashing products in the US and Canada. Lesser time consumed for rinsing will promote the use of dishwashing products in this region. By the end of 2022, more than US$ 4 Bn worth of dishwashing products will be sold across North America.
5. In 2017, more than one-third share of global dishwashing products revenues will be accounted by sales of these products through modern trade channels.
6. Dishwashing liquids will be viewed as top-selling form of dishwashing products in the global market. While the overall market continues to grow at a sluggish pace, the demand for dishwashing liquids will create an incremental opportunity of nearly US$ 1 Bn by 2022 over 2017.
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Dishwashing Liquids & Dishwasher Machines to Remain in Great Demand
According to the report, the global market for dishwashing products will reflect a higher demand for products in liquid form. While soaps and other solid products available in the market will continue to gain traction, global sales of dishwashing liquids will procure highest revenue share. By the end of 2022, more than US$ 7 Bn worth of dishwashing liquids will be sold across the globe.
On the basis of products, the demand for dishwashers (machines) will remain consistently high. Hand dishwashing products are also expected to procure considerable share over global revenues throughout the forecast period. In spite of securing more than one-third share on global revenues, the demand for dishwashing machines will remain slightly less than that of hand dishwashing products. Manufacturers are expected to integrate advanced technologies to improve the features of dishwashing machines.
Modern Trade – Largest Sales Channel for Dishwashing Products
The report also projects that sales of dishwashing products through modern trade outlets will remain considerably high, compared to other sales channels. The global market for dishwashing products is also anticipated to witness higher sales across online channels and grocery stores. Increasing collaboration of retail chains with manufacturers is expected to influence the sales of dishwashing products in the global market.
The report has also profiled leading players in the global dishwashing products market. Companies such as The Clorox Company, SC Johnson & Son, Inc., Church & Dwight Co., Inc., Reckitt Benckiser Group plc, Unilever N.V., Procter & Gamble Company, Colgate-Palmolive Company, Henkel AG & Co. KGaA, McBride Plc, and Kao Corporation are expected to remain active in the expansion of global dishwashing products market through 2022.
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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