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Recently Released Market Study: Dishwashing in Georgia

Fast Market Research recommends "Dishwashing in Georgia" from Euromonitor International, now available

 

Boston, MA -- (ReleaseWire) -- 06/25/2014 -- The main story over the research period is about Berta, but this time in a negative context. The company quit functioning as a result of financial difficulties it faced shortly after the political changes that took place in Georgia in October 2012. The opposition party won parliamentary elections and came to power. The changes had an impact on the business environment in that companies that had enjoyed some privileges under the previous government were deprived of all kinds of benefits and faced problems with Revenue Service after the election. Berta was one such local company which failed to overcome the hardship and had to stop its production process. However, the company's management stated that the shutdown was temporary and that it would reopen in a few months. Nevertheless, the closure strongly impacted the market as Berta was a significant competitor to international companies. The fact influenced unit prices as well and led to their increase.

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Competitive Landscape

Procter & Gamble led dishwashing in 2013 with a 26% value share. Its most popular brand Fairy increased its value share by eight percentage points during the year. Procter & Gamble and its brand Fairy have maintained their leading positions on the Georgian market since their introduction. The second leading company (in 2012) was the domestic company Berta, but in 2013 Henkel assumed the second rank with a 23% value share. Henkel's leading brands are Pril, which accounts for13% of the market and Pemolux with 9%. The third-ranked company is Reckitt Benckiser (RB), which held an 11% value share in 2013 with its brands Dosia (6%), Calgonit (3%) and Finish (2%).

Industry Prospects

In the forecast period unit prices of dishwashing products are expected to be reduced due to the new economy brands appearing on market. Berta is supposed to restart production between 2013 and 2018, which will have positive impact on the market as competition will become sharper between importers and local manufacturers. Significant clarification of the situation related to Berta might be observed after the presidential elections in October 2013.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Dishwashing industry in Georgia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Dishwashing industry in Georgia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Dishwashing in Georgia market research report includes:

- Analysis of key supply-side and demand trends
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Dishwashing in Georgia?
- What are the major brands in Georgia?
- What is the dishwasher penetration rate in Georgia?
- What are the key new product launches in the dishwashing products market?

Reasons to Get this Report

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

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