Global Liquid Detergent Market, By Nature (Organic and Conventional), Application (Laundry, Dishwashing, Tableware, Clothing, Toilet and Others), Sales Channel (Online Sales Channel, Supermarket and Hypermarket, Departmental and Convenience Stores and Independent Grocery Stores), End- User (Residential and Commercial), Type (Dish Washing Detergent, Laundry Detergent and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Data Bridge Market Research analyses that the global liquid detergent market will project a CAGR of 5.47% for the forecast period of 2022-2029. Growth in the number of households and commercial properties, growth and expansion of fast moving consumable goods industry, ever-rising demand for safe and branded detergents coupled with increasing personal disposable income are the major factors attributable to the growth of liquid detergent market.
Detergents are the products that are used to clean the laundry of dirt, sweat and bad odour. A wide range of liquid detergents are available in the market via both online and offline modes of distribution. Liquid detergents are generally used when the clothes or laundry are being washed in a washing machine. A good quality liquid detergent cleanses the cloth completely without harming the texture of the cloth. Liquid detergent rinses off the laundry in a very effective way.
Increased sales of automatic washing machines and changing lifestyles of humans especially in the developing economies are the major factors fostering growth of the market. Rising awareness about the benefits of wearing cleaned, washed and rinsed off clothes and growing brand awareness via social media platforms will further create lucrative growth opportunities for the market. Growing number of celebrity endorsements, rising level of pollution, growing demand for natural and eco- friendly liquid detergents and growing focus of the major manufacturers on technological advancements are other important factors bolstering the market growth rate.
However, intense pricing pressure over the manufacturers will pose a major challenge to the growth of market. Also, competition to small scale manufacturers and vendors from big branded tycoons will derail the market growth rate. Growing availability of low cost substitutes and lack of strong distribution network in the backward areas will further restrict the scope of growth.
This liquid 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 localised 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, geographic expansions, technological innovations in the market. To gain more info on liquid 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 Liquid Detergent Market Scope and Market Size
The liquid detergent market is segmented on the basis of nature, application, sales channel, end- user, and type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of nature, the liquid detergent market is segmented into organic and conventional.
- The application segment of the liquid detergent market is divided into laundry, tableware, clothing, dishwashing and others.
- Sales channel segment of the liquid detergent market is segmented into online sales channel, supermarket and hypermarket, departmental and convenience stores and independent grocery stores.
- Based on end- users, the liquid detergent market is divided into residential and commercial.
- The type segment of the liquid detergent market is segmented into dish washing detergent, laundry detergent, and others.
Global Liquid Detergent Market Country Level Analysis
The liquid detergent market is segmented on the basis of nature, application, sales channel, end- user, and type.
The countries covered in the liquid detergent market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America and Europe is undergoing substantial gains as it is dominating the global liquid detergent market. The region will continue to witness a rise in the market growth rate during the forecast period owing to the increasing expenditure for research and development proficiencies and rising consumer demand in the region. Asia-Pacific will continue to undergo substantial gains during the forecast period owing to the surging number of manufacturers, high demand from the emerging economies such as China, Japan and India and increasing personal disposable income.
The country section of the liquid detergent market 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 Liquid Detergent Market Share Analysis
The liquid 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 liquid detergent market.
Some of the major players covered in the liquid detergent market are Procter & Gamble, Church & Dwight Co., Inc., Henkel AG & Co. KGaA, Unilever, Amway India Enterprises Pvt. Ltd., Reckitt Benckiser Group PLC., Colgate-Palmolive Company, The Clorox Company, GODREJ GENTEEL, UMC Mills Private Limited., Blue Chem India., ACURO ORGANICS LIMITED, Ganpati Detergents, Sun Chemicals, Neerava Hygiene Products Private Limited, Sri Sakthy Acids And Chemicals., NIRMA., BASF SE, DuPont and Akzo Nobel N.V., among others.