Biodegradable Detergents Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends
Global biodegradable detergents market size is expected to reach $10.81 Bn by 2028 at a rate of 6.9%, segmented as by product type, powder, liquid, gel, pods or tablets
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Overview and Scope
Biodegradable detergents refer to cleansing agents that contain straight hydrocarbon chains that microbes can quickly decompose. These detergents are formulated with environmentally friendly natural materials that naturally deteriorate over time, which can help mitigate water pollution and minimize non-degradable refuse.
Sizing and Forecast
The biodegradable detergents market size has grown strongly in recent years. It will grow from $7.7 billion in 2023 to $8.27 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to environmental awareness, stringent environmental regulations, sustainable consumer preferences, reduced impact on water systems, consumer education and awareness campaigns.
The biodegradable detergents market size is expected to see strong growth in the next few years. It will grow to $10.81 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to green product market growth, rising eco-conscious consumer base, circular economy practices, government incentives and regulations, plant-based ingredients. Major trends in the forecast period include innovation in formulations, technological advancements in formulations, collaborations and partnerships, packaging innovations, innovations in enzyme technology.
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Segmentation & Regional Insights
The biodegradable detergents market covered in this report is segmented –
1) By Product Type: Powder, Liquid, Gel, Pods Or Tablets
2) By Distribution Channel: Online, Supermarket Or Hypermarket, Convenience Stores, Independent Retailers, Other Distribution Channels
3) By Application: Industrial, Household
Asia-Pacific was the largest region in the biodegradable detergents market in 2023. The regions covered in the biodegradable detergents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Increasing water pollution is expected to propel the growth of the biodegradable detergent market going forward. Water pollution refers to spreading pollutants into subterranean groundwater or bodies of water such as lakes, streams, rivers, and estuaries. A biodegradable detergent dissolves into harmless substances, reducing the amount of harmful chemicals released into water bodies and promoting eco-friendly cleaning practices while protecting aquatic ecosystems. For instance, in 2022, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations responsible for international public health, over 1.7 billion individuals worldwide rely on a drinking water source tainted with fecal contamination. Furthermore, in November 2022, according to Food and Water Watch, a US-based non-government organization, it is estimated that approximately 3.5 billion people will have water shortages by 2025, mainly due to water pollution. Therefore, increasing water pollution is driving the growth of the biodegradable detergent market.
Key Industry Players
Major companies operating in the biodegradable detergents market report are BASF SE, Procter and Gamble (P&G), Unilever PLC, Henkel AG & Co. KGaA, S. C. Johnson & Son Inc., Kao Corporation, The Clorox Company, Church & Dwight, Lion Corporation, The Honest Company Inc., Nirma Limited, Branch Basics, Sun & Earth Corporation, Attitude Living, Cot's Wash Inc., Greenology Products LLC, Frank T Ross And Sons Ltd., Earth Breeze, If You Care, Better Life, Sutherland Products Inc., Grab Green, Eco Nuts, Bi-O-Kleen Industries Inc., Elements Brands, Vaska, Bio Pac Inc., GreenShield Organic
The biodegradable detergents market report table of contents includes:
1. Executive Summary
2. Biodegradable Detergents Market Characteristics
3. Biodegradable Detergents Market Trends And Strategies
4. Biodegradable Detergents Market - Macro Economic Scenario
5. Global Biodegradable Detergents Market Size and Growth
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32. Global Biodegradable Detergents Market Competitive Benchmarking
33. Global Biodegradable Detergents Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Biodegradable Detergents Market
35. Biodegradable Detergents Market Future Outlook and Potential Analysis
36. Appendix