Press release
Soap And Other Detergents Market Value is Expected To Reach $133.85 Billion By 2023
Soap And Other Detergents Market
The global soap and other detergents market was worth $ 100.04 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 7.5% and reach $133.85 billion by 2023.
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The soap and other detergents market consists of sales of soap and other detergents and related services for removing dirt from human skin, textiles and other solid surfaces. Soap and detergents are chemical compounds refers to surface active agents in general. These products are made from animal fats or vegetable oil and are used to clean a solid surface. Surface-active agents are categorized in four groups: anionic detergents, cationic detergents, nonionic detergents and ampholytic.
The introduction of innovative new products is a key factor leading to growth of the soap and other detergent industry. Manufacturers continue to focus on innovative product development to meet the unmet needs of their customers. Companies are launching anti-allergy soaps and natural ingredients containing detergents that are widely adopted. For instance, in 2019, Unilever, a British-Dutch consumer goods company launched new liquid detergent product under the brand Hindustan Unilever (HUL), Love Home and Planet, which is HUL`s fifth fabric wash brand, thereby is driving the demand for the soap and other detergents market globally.
Soap And Other Detergents Market Segmentation: -
By Type
Laundry Detergent
Soap
Dishwashing Detergent
Toothpaste
Others
By End-Use
Body
Clothing
Others
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Few Points From Table Of Content
1. Executive Summary
2. Soap And Other Detergents Market Characteristics
3. Soap And Other Detergents Market Size And Growth
4. Soap And Other Detergents Market Segmentation
5. Soap And Other Detergents Market Regional And Country Analysis
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25. Soap And Other Detergents Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Soap And Other Detergents Market
27. Soap And Other Detergents Market Trends And Strategies
28. Soap And Other Detergents Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Soap And Other Detergents Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Soap And Other Detergents Market are Procter & Gamble, Ecolab Inc, Unilever plc, Henkel AG & Co KGaA, Church & Dwight Co. Inc, Colgate-Palmolive Company, Dial, Reckitt Benckiser Group plc, The Clorox Company, Lion Corp.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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