Laundry Detergent Pods Market Size, Share & Trend Analysis Report By Product (Non-biological, Biological), By Distribution Channel, By Application (Household, Commercial), And Segment Forecasts, 2024 - 2030
Laundry Detergent Pods Market Growth & Trends
The global laundry detergent pods market size is expected to reach USD 17.48 billion by 2030 and expand at a CAGR of 6.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing awareness about the benefits of laundry detergent pods such as excellent fabric protection and longevity along with excellent cleaning is anticipated to fuel the product demand. The composition of product is strong enough to remove stains and dirt but not harsh enough to the fabric.
Biological products generated a revenue of more than USD 3 billion in 2018. Rising concerns over adverse effects associated with synthetic detergents as they contain chemicals including phosphates which are considered non-biodegradable, is expected to promote the scope of application for biological capsules. Over the past few years, increasing emphasis is being given to reducing the greenhouse emissions in manufacturing sector on a global level as a result of implementation of environmental regulations by the regulatory bodies including the U.S. Environment Protection Agency (EPA). The environmental concerns are also expected to force the detergent manufacturers to use biological ingredients for their laundry detergent pods.
In March 2019, Unilever under its brand line Homey launched washing tablet available in recycled and recyclable packaging. The reasonably priced product is eco-friendly and can help reduce the pollution caused by the microfibers present in conventional products. In March 2019, Smol launched Super Concentrated Liquid Capsules. These products are claimed to be 100% vegan and are fragranced with essential oil.
Household application accounted for a leading market share of more than 60% in 2018 and is expected to continue the dominance over the next few years as majority of washing machine companies recommend using laundry detergent pods for the longer life of the machine. Increasing household income in countries including China and India is expected to expand the market size over the next few years.
Laundry Detergent Pods Market Report Highlights
Non-biological laundry detergent pods accounted for the largest market revenue share of 57.0% in 2023. The growing focus on water conservation has led to a rise in low-water washing practices, which can result in detergent residue buildup on clothing.
The supermarkets & hypermarkets segments dominated the market in 2023 with a substantial share. Supermarkets and hypermarkets offer a wide range of laundry detergent pod brands, allowing consumers to compare and choose based on their preferences.
Household applications accounted for the largest market revenue share of 59.6% in 2023. IFB, Whirlpool, and Panasonic, along with other washing machine manufacturers, suggest using laundry detergent pods to ensure machines last longer.
North America laundry detergent pods market dominated the global laundry detergent pods market with a revenue share of 34.7% in 2023. Market growth in the region is attributable to the increasing demand for convenient and easy washing solutions, as well as the rising consumer awareness of the environment.
Laundry detergent pods market in Asia Pacific is projected to witness the fastest growth in the global laundry detergent market, registering a CAGR of 7.4% over the forecast period.
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