Laundry Detergent Pods Market Application:

By application, the residential segment can generate close to USD 2,945.9 million by 2023 for the laundry detergent pods market. The segment can accumulate close to 9,881.1 million units at 3.68% CAGR over the forecast period. This can be credited to maximum number of consumers of detergent pods in urban households. On the other hand, the commercial segment is predicted to accrue USD 621.8 million in revenue by the end of the forecast period. The segment can command a demand totaling 2,119 million units by 2023. Emergence of hotels and other institutions which require convenient cleaning solutions can boost the segment demand in the laundry detergent pods market.

Top Key Players:

Church & Dwight Co., Inc. (U.S.),

Henkel AG & Co. KGaA (Germany),

Procter & Gamble Co. (U.S.),

Dapple (U.S.),

MaddieBrit Products LLC (U.S.)

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Market Segments:

By distribution channel, the store-based segment can generate USD 2,527.1 million in revenue for the laundry detergent pods market by 2023. This channel can sell close to 8,416.8 million units by 2023 at a CAGR of 3.27% over the forecast period. Preference of consumers to shop at outlets close to their house has led to manufacturers tying up with local and reputed retail chains to distribute the product. On the other hand, the non-store based segment can accumulate close to USD 1,040.6 million by 2023. The segment can generate sales of 3,583.3 million units at 4.36% CAGR during the assessment period. Emergence of ecommerce stores owing to the popularity of online shopping is likely to drive the segment’s growth till 2023.

Market Scenario:

Investments in research and development by detergent manufacturers to create and manufacture innovative products for consumers is expected to work in favor of the laundry detergent pods market. The dissolvable nature of the pods coupled with its functional benefits have appealed to consumers. In addition, their compatibility with washing machines is a plus for the market growth. Integration of new and aromatic fragrances which can remain on fabrics can drive market demand. Furthermore, the need for convenient solutions by consumers in urban areas in developing countries is expected to open up expansion opportunities for the laundry detergent pods market till 2023.

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LIST OF TABLE:

TABLE 1 GLOBAL LAUNDRY DETERGENT PODS MARKET, BY APPLICATION, USD MILLION, (2016-2023) 13

TABLE 2 GLOBAL LAUNDRY DETERGENT PODS MARKET, BY APPLICATION, MILLION UNITS, (2016-2023) 13

TABLE 3 GLOBAL LAUNDRY DETERGENT PODS MARKET, BY DISTRIBUTION CHANNEL, USD MILLION, (2016-2023) 14

TABLE 4 GLOBAL LAUNDRY DETERGENT PODS MARKET, BY DISTRIBUTION CHANNEL, MILLION UNITS, (2016-2023) 14

TABLE 5 GLOBAL LAUNDRY DETERGENT PODS MARKET, BY REGION USD MILLION, (2016-2023) 14

TABLE 6 GLOBAL LAUNDRY DETERGENT PODS MARKET, BY REGION MILLION UNITS, (2016-2023) 15

TABLE 7 LIST OF ASSUMPTIONS 18

LIST OF FIGURE:

FIGURE 1 GLOBAL LAUNDRY DETERGENT PODS MARKET SHARE (%), BY APPLICATION (2017 & 2023) 13

FIGURE 2 GLOBAL LAUNDRY DETERGENT PODS MARKET SHARE (%), BY DISTRIBUTION CHANNEL (2017 & 2023) 14

FIGURE 3 GLOBAL LAUNDRY DETERGENT PODS MARKET SHARE (%), BY REGION (2017 & 2023) 15

FIGURE 4 GLOBAL LAUNDRY DETERGENT PODS MARKET: MARKET STRUCTURE 18

FIGURE 5 KEY TAKEAWAYS OF THE LAUNDRY DETERGENT PODS MARKET 19

FIGURE 6 KEY BUYING CRITERIA OF LAUNDRY DETERGENT PODS 19

FIGURE 7 RESEARCH PROCESS OF MRFR 21

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