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Fabric Wash and Care Product Market-Industry Insights, Opportunity Analysis, 2018-2026 | Key Players are Unilever, Henkel AG & Co.KGaA, Procter and Gamble, SEITZ GmbH, Reckitt Benckiser Group plc., The Clorox Company, Huntsman International LLC
The increasing population and increasing awareness among the populace about the benefits of fabric care products coupled with variation in product portfolio related to wash and care products are propelling growth of the market fabric wash and care product market. Increasing awareness regarding damaging effects of these products have shifted consumer preference in using green and organic products. Increasing demand for fabric wash and care products that can be applied on every type of fabric without affecting its color is driving growth of the market.
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Among product type, fabric detergents and conditioners segment is projected to account for major market share over the forecast period. Various companies are focusing on producing advanced fabric conditioners combined with variety of fragrances and natural components to increase the efficiency of the product, which in turn is driving growth of the market. For instance, Tide Purclean, a bio-based cleaning product was developed using the original liquid detergent qualities of Tide. Some supermarkets and hypermarkets such as Kmart Super Center, Kroger, and Walmart lead the distribution channel in the global scenario.
Fabric Wash and Care Product Market Outlook-
The consumption and growth rate of fabric wash and care products is high in Europe and North America. North America region is expected to be the largest consumer of liquid washing and cleaning detergents. The high demand for products that are machine-friendly and user-friendly is significantly fueling growth of the fabric wash and care product market. Increasing consumer purchasing power has in turn, increased consumer spending on high quality clothes. This creates a demand for fabric wash and care products. Economies such as China and India are projected to witness the rampant market growth due to increase in standard of living among the populace and development of various fabric wash and care products.
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Why this is useful Report for you
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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