Laundry Capsules Market Growth Accelerated by Automation and Digitalization
Laundry capsules, also known as laundry pods or laundry tablets, combine detergent, fabric softener and other laundry chemicals into a single-dose package for convenient laundry washing. With the hectic lifestyle, laundry capsules provide an easy way to do laundry. Laundry capsules removes stains and dirt from clothes without rubbing or scrubbing. The global Laundry Capsules Market is estimated to be valued at US$ 5.52 Bn in 2024 and is expected to exhibit a CAGR of 3.0% over the forecast period 2024 to 2030, as highlighted in a new report published by Coherent Market Insights.
Regional
analysis: North America accounts for the largest share and is expected to maintain
dominance over the forecast period. Higher adoption of innovative products and
large laundry needs of the population drive market growth in the region.
Key
players: Key players operating in the laundry capsules market are Tata
Chemicals Limited, Solvay SA, FMC Corporation, Soda Sanayii A.S., and OCI
Company Ltd. These key players are focusing on new product launches and mergers
& acquisitions to gain market share.
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