Laundry Care Market points to a revenue growth from about US$ 75,580 Mn in 2017 to nearly US$ 126,990 Mn by 2027 end.
Global Laundry Care Market: Segmentation and Forecast
The report segments the global laundry care market on the basis of product type (fabric softeners, laundry detergents, others), on the basis of source type (synthetic, organic, others), on the basis of form type (powder, cake/block, liquid, others) and on the basis of distribution channel (wholesaler/distributors, supermarket/hypermarket, convenience Stores, ecommerce, grocery stores, others).
The fabric softeners are estimated to be valued at US$ 16,836.9 Mn in the year 2017 and are slated to touch a figure of US$ 29,164.4 Mn in the year 2027, exhibiting a CAGR of 5.6% during the assessment period.
The laundry detergents are estimated to be valued at US$ 44,943 Mn in the year 2017 and are poised to touch a figure of US$ 75,069.9 Mn in the year 2027, registering a CAGR of 5.3% during the assessment period.
The synthetic source type segment is estimated to be valued at US$ 40,029.9 Mn in the year 2017 and is slated to touch a figure of US$ 66,010.1 Mn in the year 2027, exhibiting a CAGR of 5.1% during the assessment period.
The organic source type segment is estimated to be valued at US$ 22,141.4 Mn in the year 2017 and is slated to reach a figure of US$ 38,359.9 Mn in the year 2027, registering a CAGR of 5.6% during the assessment period.
The powder form type segment is estimated to be valued at US$ 22,782.4 Mn in the year 2017 and is poised to touch a figure of US$ 38,521.3 Mn in the year 2027, registering a CAGR of 5.4% during the assessment period.
The liquid form type segment is estimated to be valued at US$ 34,205.8 Mn in the year 2017 and is slated to reach a figure of US$ 58,396.8 Mn in the year 2027, registering a CAGR of 5.5% during the assessment period.
The convenience stores segment is estimated to be valued at US$ 19,993.6 Mn in the year 2017 and is poised to touch a figure of US$ 34,062 Mn in the year 2027, exhibiting a CAGR of 5.5% during the assessment period.
The ecommerce segment is estimated to be valued at US$ 7,988.7 Mn in the year 2017 and is slated to touch a figure of US$ 14,508.3 Mn in the year 2027, exhibiting a CAGR of 6.1% during the assessment period.
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Global Laundry Care Market: Regional Forecast
Future Market Insights tracks the performance of the global laundry care market across the key geographies of North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa. As per the forecast of Future Market Insights, the Asia Pacific excluding Japan market is estimated to be valued at US$ 20,599.8 Mn in the year 2017 and is slated to reach a value of US$ 35,809.5 Mn in the year 2017, exhibiting a CAGR of 5.7% during the assessment period. The Western Europe market is estimated to be valued at US$ 15,727.1 Mn in the year 2017 and is poised to reach a value of US$ 26,699.4 Mn in the year 2027, exhibiting a CAGR of 5.4% during the assessment period.
Global Laundry Care Market: Vendor Insights
The report has included some of the key players operating in the global laundry care market such as Procter & Gamble Co., Unilever PLC, Colgate-Palmolive Company, Henkel AG & Co. KGaA, Reckitt Benckiser Group PLC, Amway Corporation, Kao Corporation, S.C. Johnson & Son Inc., LG Household & Health Care Ltd., Golrang Industrial Group, Lion Corporation, Church & Dwight Co., Inc. and Alicorp S.A.A. among others. The market for laundry care is highly lucrative which is dominated by various local and international players. Thus, to compete in the market companies are adopting various differential strategies to enhance their market position such as frequently launch of laundry products with multi-functional features.
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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
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