Global Laundry Capsules
Market Report
2024
The Global Laundry capsule market was valued at USD 9.50 billion in 2022 and is projected to reach USD 19.63 billion by 2030, registering a CAGR of 9.5% for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Laundry capsule market was valued at USD 9.50 billion in 2022 and is projected to reach USD 19.63 billion by 2030, registering a CAGR of 9.5% for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Laundry Capsules Market Sales Revenue 2022 | $ 9.5 Billion |
Global Laundry Capsules Market Sales Revenue 2030 | $ 19.63 Billion |
Global Laundry Capsules Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.5% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Laundry Capsules Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Laundry capsules are water-soluble pouches containing highly concentrated laundry detergent, softener, and other laundry products. These capsules are typically made up of water-soluble material that dissolves during the washing process. Laundry capsules are easy to use and cost-effective. Moreover, these capsules are formulated with concentrated and environmentally friendly ingredients compared to traditional ones. Moreover, the rising income of the people which is help to rise the need of the market which is significant to the market.
Rising usage of detergent is driven by the growth of the laundry capsule market, as urbanization continues to increase, more individuals are relocating to cities where fast-paced lifestyles have become standard. Laundry services consist of washing, drying, pressing, and dry cleaning. The significance of living a healthier lifestyle is expected to increase, and consumers are concerned about their health and hygiene, including the need for clean clothing, leading to growth in the market. Laundromats and cleaning services may offer drop-off and pick-up locations, as well as cleaning and dry cleaning the clothes. Furthermore, increased consumer expenditure on such services is expected to boost the laundry capsule market.
Restraining Factor:
Synthetic detergents contain various surfactants which gradually biodegrade to low toxicity levels, but this process poses environmental concerns. Alkylphenol ethoxylates, a common surfactant in these detergents, pose a significant threat to aquatic life, as noted by the Environmental Protection Agency. This surfactant accumulates in rivers and streams, and its negative impact on the endocrine system, which regulates growth, reproduction, and metabolism, can poison fish. With an increasing number of people becoming environmentally aware, these factors may hinder the growth of the laundry care market in the future.
Impact of the COVID-19 Pandemic on the Laundry capsule market:
The outbreak of Covid-19 has witnessed a positive impact on the laundry capsule market growth. The governments of many regions across the globe have announced lockdowns to prevent the spread of the COVID-19 virus. These regulations stopped the import and export of raw materials and logistics. Despite supply chain bottlenecks, some industries saw increased sales during the pandemic, as people became more concerned about cleanliness. Sales of cleaning supplies, such as sanitizers, disinfectants, and laundry detergent, spiked during the outbreak. People's fear of scarcity, due to the lockdowns, led to bulk buying of laundry products, even hoarding them. Therefore, in many regions increased the demand for laundry capsules which helps to keep cleanliness. However, it is also easy to use, cost-effective product that is easily available for consumers so the need for capsules in covid 19 period is beneficial for the growth of the market and also will rise more in upcoming years.
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Unilever's innovative laundry sheets in the mass market
Landry sheets are a more convenient, sustainable format and they added innovative fragrance technology. These sheets are alternatives to liquids and capsules with a more intense scent within the fabric long after the clothes have been washed. The various development and improvement in the various industry are helping to fulfil the need of the consumer and significant to grow the market majorly.
https://www.unilever.com/news/news-search/2023/unilever-brings-innovation-to-laundry-sheets-in-mass-market-first/
Unilever launches its most powerful and sustainable laundry capsules yet
Unilever announced the global launch of its most sustainable laundry capsule yet, the fastest-growing detergent format in many parts of the world. This innovation of new products and development of new capsules considering environmental concerns is beneficial to the demand of the market and will help rise in the upcoming year.
https://www.unilever.com/news/press-and-media/press-releases/2022/unilever-launches-its-most-powerful-and-sustainable-laundry-capsules-yet/
Top Companies Market Share in Laundry Capsules Industry: (In no particular order of Rank)
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The North American segment holds the highest share of the laundry capsule market, due to its high disposable income and changing lifestyles. Additionally, the presence of numerous laundry care manufacturers in the area contributes to its dominance. Moreover, increasing demand for sustainability and flexibility among various emerging countries such as Canada and the United States is driving the growth of the market.
Asia Pacific is projected to be the fastest-growing region during the forecast period due to increasing growth in the textile industry in developing countries such as China and India. The hotel industry is one of the major consumers in various industries which is helping to raise the market size in the upcoming year.
The current report Scope analyzes Laundry Capsules Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Laundry Capsules Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Laundry Capsules Industry growth. Laundry Capsules market has been segmented with the help of its Type, Application , and others. Laundry Capsules market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
By product
Based on the product market is bifurcated into biological, and non-biological.
The biological laundry capsule contributed largely to the market in 2022.
Biological laundry capsules contain various enzymes which effectively help to remove stains and dust from the fabric. The removal of heating water during washing clothes for better results. It is significant to conserve energy along with retaining the softness of the fabric. It is also easy to use for consumers. In the use of these types of capsules no need to measure and there is no risk of overdosing. These are the capsule made of eco-friendly material and packaged with also biodegradable material.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Laundry Capsules Industry. Request a Free Sample PDF!
By Application
Based on the application market is segmented into commercial, and household.
The household segment is growing significantly in the global laundry capsule market.
The household segment is experiencing significant growth due to people changing their lifestyle and their desire for a hygienic and clean environment. Laundry capsules are used to remove the stain, dirt, and grime from clothes and other fabrics as well as prevent the growth of Mold and mildew. Washing machine manufacturers including Panasonic, IFB, and Whirlpool, among others suggest using laundry detergent pods for the longer life of machines.
Moreover, commercial application is also growing due surge in demand from the cloth manufacturing work floors, textile industries, and commercial laundry services also increasing demand which driving the growth of the market.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Laundry Capsules Market is witnessing significant growth in the near future.
In 2023, the Biological segment accounted for noticeable share of global Laundry Capsules Market and is projected to experience significant growth in the near future.
The Commercial segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Procter & Gamble, Unilever and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Type | Biological, Nonbiological |
Application | Commercial, Household |
List of Competitors | Procter & Gamble, Henkel, Unilever, Church & Dwight, Clorox Company, Colgate Palmolive |
This chapter will help you gain GLOBAL Market Analysis of Laundry Capsules. Further deep in this chapter, you will be able to review Global Laundry Capsules Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Laundry Capsules market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Biological have a significant impact on Laundry Capsules market? |
What are the key factors affecting the Biological and Nonbiological of Laundry Capsules Market? |
What is the CAGR/Growth Rate of Commercial during the forecast period? |
By type, which segment accounted for largest share of the global Laundry Capsules Market? |
Which region is expected to dominate the global Laundry Capsules Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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