Global Laundry Detergent Market, By Product (Powder Detergents, Liquid Detergents, Fabric Softeners, Detergent Tablets, Others), Component (Builders, Bleach, Enzymes, Others), Application (Household, Industrial or Institutional), Distribution Channel (Online Distribution Channel, Offline Distribution Channel), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Laundry Detergent Market
The laundry detergent market is expected to witness market growth at a rate of 5.10% in the forecast period of 2022 to 2029. Data Bridge Market Research report on laundry detergent market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. Rapid urbanization is escalating the growth of laundry detergent market.
Laundry detergent refers to the product that is widely used for the purpose of cleaning dirty clothes/laundries. Components used in making a laundry detergent powder generally consist of builders or water softeners, surfactants, soil anti-deposition agents, foam regulators, dyes, corrosion inhibitors, bleach, enzymes, optical brighteners and fragrances, among others.
The rise in the penetration of washing machines across developing regions across the globe acts as one of the major factors driving the growth of laundry detergent market. The increase in the preference for scented laundry care products and allergenic/ green products, and development of environmentally-friendly products accelerate the market growth. The increased awareness regarding the laundry detergent products such as pods, gels, and liquids among the consumers, and high penetration of automatic washing machines in developed regions further influence the market. Additionally, change in consumer preference, surge in disposable income, rapid urbanization and increase in smart marketing activities in the region positively affect the laundry detergent market. Furthermore, adoption and growing popularity of natural or organic laundry detergent extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, availability of counterfeit products is expected to obstruct the market growth. The high competition among the existing players is projected to challenge the laundry detergent market in the forecast period of 2022-2029.
This laundry detergent market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on laundry detergent market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Laundry Detergent Market Scope and Market Size
The laundry detergent market is segmented on the basis of product, component, distribution channel, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the laundry detergent market is segmented into powder detergents, liquid detergents, fabric softeners, detergent tablets, and others.
- On the basis of component, the laundry detergent market is segmented into builders, bleach, enzymes, and others.
- On the basis of distribution channel, the laundry detergent market is segmented into online distribution channel, and offline distribution channel. Offline distribution channel has been further segmented into departmental stores, convenient stores, hyper market and super market, retail stores and other.
- On the basis of application, the laundry detergent market is segmented into multiple applications. The application segment for laundry detergent market includes household, industrial or institutional.
Laundry Detergent Market Country Level Analysis
The laundry detergent market is analysed and market size, volume information is provided by country, product, component, distribution channel, and application as referenced above.
The countries covered in the global laundry detergent market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the laundry detergent market because of the high adoption of a healthier lifestyle within the region. Asia-Pacific is expected to witness high growth during the forecast period of 2022 to 2029 because of the increasing concern for hygiene in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Laundry Detergent Market Share Analysis
The laundry detergent market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to laundry detergent market.
Some of the major players operating in the laundry detergent market reports are Unilever, Henkel AG & Co. KGaA, Church & Dwight Co., Inc., Procter & Gamble., Lion Corporation., Kao Corporation., method products, pbc., Carroll Company, Colgate-Palmolive Company., Johnson & Johnson Private Limited, Reckitt Benckiser Group plc., Amway India Enterprises Pvt. Ltd., ALPHA CHEMICAL., General Organics, Inc., Clean Bubbles, NIRMA., BASF SE, DuPont., and Akzo Nobel N.V., among others.