Project report for Dish Wash Powder

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Introduction

In India mainly two of the most prominent detergents in use today. The detergent bar for dish washing is of universal type and can be employed for cleaning of aluminium brass and stainless steel utensils, crockery etc. The product is a very common item in every house from lowest to highest class, detergent cake and detergent powder largely used in the domestic houses, commercial sectors, hotel industries, garments industries and in many other sections of the society. There is high price, medium price and low priced detergent available. India has the 2nd largest market in the world and the market is growing at the rate 10% annually. So we can say that there is good scope for new entrepreneurs. Soaps are the earliest form of detergents. Though at present the term detergent is used for synthetic detergent derived from petroleum products. The origin of soap making is unknown.  These chemical compounds are used for human comfort, cleanliness, and for industrial surface active applications. The success of any cleaning agent is to supply compounds with hydrophobic and hydrophilic groups which will also appreciably decrease surface tension and increase mettability. Synthetic detergents are organic chemicals which promote better surface tension lowering than soaps. Where the use of detergents increases to the point of creating problems in municipal sewerage plants due to excessive foaming and inability to reduce the organic content of the sewage effluent, biodegradation of detergent compounds becomes an important factor.

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Market potential & Strategy

The Dishwashing Detergents Market size in 2019 was valued at INR 58900.53 Crores and is expected to register a CAGR of 5.3% from 2020 to 2026. The demand for dishwashing detergents is increasing owing to the rising popularity of efficient and sustainable cleaning products along with the increasing urbanization across the world. Rising product innovations among global players have also triggered a substantial growth opportunity for the dishwashing detergent manufacturers. Introduction of an innovative automatic dishwasher cleaner by The Procter & Gamble Company that not only cleans dishes but also cleans machine during the washing process itself are helping in the growth of the dishwashing detergents market.

The outbreak of COVID-19 has resulted in a surge in demand for dishwashing detergents around the world. With lockdown restrictions across the globe and people restricting itself at home to restrain the growth of COVID-19, demand for dishwashing detergents has surged exponentially. This was mainly due to stockpiling and panic buying of dishwashing detergents. In the emerging economies increasing disposable income and the advent of many startups specialized in the manufacturing of efficient and economical dishwashing detergents are triggering the growth of the dishwashing detergent market.

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