SAN FRANCISCO, April 16, 2020 /PRNewswire/ — The global dishwasher tablet market size is expected to reach USD 904.1 million by 2027, expanding at a CAGR of 8.4% in the forecast period, according to a new report by Grand View Research, Inc. Rising awareness about hygiene and cleanliness among consumers and energy and water saving attributes associated with dishwasher tablets are the key factors driving the market. The dishwashing tablets market has been witnessing growth in the past few years owing to increasing disposable income of middle-age groups, along with the energy saving benefits.
Key suggestions from the report:
- Branded products accounted for the largest share of approx. 73.0% in 2019 and are projected to witness significant growth in the forecast period
- Based on distribution channel, convenience stores accounted for approx. 30.0% share in 2019
- Europe held the largest dishwasher tablet market share in 2019 due to growing awareness about hygiene and cleanliness, rising number of restaurants and hotels, and increasing disposable income, especially in France and Germany.
Read 80 page research report with ToC on “Dishwasher Tablet Market Size, Share & Trends Analysis Report By Product (Private-label, Branded), By Distribution Channel (Supermarket, Convenience Stores, Online), By Region, And Segment Forecasts, 2020 – 2027” at: https://www.grandviewresearch.com/industry-analysis/dishwasher-tablets-market
Increasing utilization of plastics in consumer goods is anticipated to provide a positive scope for market growth over the forecast period. Pigments are added to polymers to obtain the specific colors in plastic products. Its use in the plastics depends upon their weather ability and ageing, light fastness, warping and nucleation, and transparency. The demand for inorganic pigments is higher than organic in plastics. The organic pigments tend to form clumps owing to their poor dispersion, which further results in spots and specks in the final product. As a result, inorganic pigments are preferable option as they are easily dispersed. Titanium dioxide is the widely used inorganic pigment in the plastics application segment.
Based on product type, reactive and disperse dyes are expected to witness major demand during the projected years. Dyes cover broad range of applications including textiles, organic LEDs, and liquid crystal displays (LCD). Properties such as enhanced dyeing efficiency, photo physical/photochemical properties, and improved quality to reduce toxicity are anticipated to propel the growth of reactive and disperse dyes in the next eight years.
Grand View Research has segmented the global dishwasher tablet market on the basis of product, distribution channel, and region:
- Dishwasher Tablets Product Outlook (Revenue, USD Million, 2016 – 2027)
- Dishwasher Tablets Distribution Channel Outlook (Revenue, USD Million, 2016 – 2027)
- Convenience Stores
- Dishwasher Tablets Regional Outlook (Revenue, USD Million, 2016 – 2027)
- North America
- Asia Pacific
- Central & South America
- Middle East & Africa
- South Africa
Find more research reports on Homecare & Decor Industry, by Grand View Research:
- Organic Bedding Market – The global organic bedding market size was valued at USD 760.1 million in 2018. Shifting consumer preference towards high end lifestyle products is a key factor driving the growth of the market.
- Eco-friendly Furniture Market – Rising adoption of sustainable materials in furniture production to support the environment is driving the market.
- Scented Candles Market – The market is being driven by growing awareness regarding application of the product in various types of aromatherapies and candle massages.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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SOURCE Grand View Research, Inc.
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