The robust value sales growth witnessed in 2022 and 2023, driven by rampant inflation in the aftermath of the COVID-19 pandemic, is expected to ease over the forecast period. The swift return of demand following the removal of movement and travel restrictions resulted in disrupted international and domestic supply chains, leading to higher costs for manufacturers and retailers.
Persisting high inflation rates, which commenced during the review period, show signs of stabilisation, with the official inflation rate holding at 6.7% in March 2023 - exceeding the Reserve Bank's target range of 1-3%.
In 2023, Henkel New Zealand obtained clearance from the Commerce Commission to acquire the Earthwise brand and business. Importing and wholesaling a variety of consumer goods, including hair care products, toilet cleaners, laundry detergents, and household chemicals, Henkel New Zealand boasts brands such as Cold Power, Dynamo, Fab, Sard, and Bref.
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Understand the latest market trends and future growth opportunities for the Dishwashing industry in New Zealand with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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This is the aggregation of hand and automatic dishwashing products and dishwashing additives.See All of Our Definitions
This report originates from Passport, our Dishwashing research and analysis database.
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