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Global Dishwasher Tablets Market to Reach $990 Million by 2026: Says AMR

Advanced product offerings, reduced environmental impacts, and adoption of compact dishwashers drive the growth of the global dishwasher tablets market. The branded segment held the largest market share in 2018. Moreover, region wise, North America accounted for the largest market share in terms of revenue in the same year, and would lead the trail throughout the forecast period.

/EIN News/ -- Portland, OR, Jan. 13, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global dishwasher tablets market estimated at $596.1 million in 2018, and is expected to hit $990 million by 2026, manifesting a CAGR of 6.8% from 2019 to 2026.

Advanced product offerings, reduced environmental impacts, and adoption of compact dishwashers drive the growth of the global dishwasher tablets market. On the other hand, readily available alternatives restrain the market to certain extent. Nevertheless, penetration of table top dishwashers in countries from Asia-Pacific region including India and China anticipates to usher a plethora of opportunities in the near future.

In-depth analysis of the COVID-19 impact on the Dishwasher Tablets Market @ https://www.alliedmarketresearch.com/request-sample/6177

Covid-19 Scenarios-

  • The manufacturing facilities have been halted during the initial phase of the lockdown. In addition, the disruption in supply chain has further resulted in shortage of raw materials.
  • The government bodies, on the other hand, have lifted the regulations in, thereby allowing the companies to resume their processing. This factor may assist the industry to coup up really soon.

The global market is segmented into product, end user, distribution channel, and region. Based on product type, the market is bifurcated into branded and private label segments. The branded segment held the largest market share with more than three-fifths of the total share of the market in 2018, and is estimated to maintain its leadership status during the forecast period. However, the private label segment is expected to grow at the highest CAGR of 9.3% from 2019 to 2026.

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Based on end user, the market is divided into commercial end user and residential end user. The commercial segment accounted for the largest market share, contributing to nearly three-fifths of the total share in 2018, and is expected to maintain its dominant position in terms of revenue during the forecast period. On the other hand, the residential segment is anticipated to register the highest growth rate with a CAGR of 8.6% from 2019 to 2026.

Based on region, the market is analyzed across Asia-Pacific, LAMEA, Europe, and North America. The North America accounted for the largest market share in terms of revenue, accounting for nearly two-fifths of the global market in 2018, and is expected to lead in terms of revenue during the forecast period. On the other hand, Asia-Pacific is expected to maintain the largest CAGR of 10.2% from 2019 to 2026.

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The key players profiled in the global dishwasher tablets industry report include Eurotab, IFB, Reckitt Benckiser, Unilever, LIBY Group, Nopa Nordic A/S, McBride plc, Henkel, Church & Dwight Co., Inc., and Method Products, Pbc.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


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