Laundry Detergent Market Next Big Thing | Major Giants Fena, Nirma, Patanjali Ayurved

Latest Study on Industrial Growth of Laundry Detergent Market 2021-2027. A detailed study accumulated to offer Latest insights about acute features of the Laundry Detergent market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

The Major Players Covered in this Report: Fena Pvt. Ltd., Godrej Consumer Products Ltd., Hindustan Unilever Ltd., Jyothy Laboratories Ltd., Nirma Ltd., Patanjali Ayurved, Procter & Gamble Home Products Ltd. & 8. Reckitt Benckiser (India) Ltd.

Click To get SAMPLE PDF of Laundry Detergent Market (Including Full TOC, Table & Figures) @ https://www.htfmarketreport.com/sample-report/3249906-laundry-detergent-market-1

The India laundry detergent market is anticipated to expand at a compound annual growth rate (CAGR) of ~5% during the (2021-2026) period, owing to rising consumer demand. Based on type, hand wash detergents constitute ~82% of the market share, while machine wash detergents hold the remaining of it. The demand for hand wash detergents is high, since only ~33% of the population use washing machines and require machine-wash detergents, and the rest of the population use hand-wash detergents for washing clothes.
Read Detailed Index of full Research Study at @ https://www.htfmarketreport.com/reports/3249906-laundry-detergent-market-1

Market segment insights:
Among the major laundry detergent companies like Hindustan Unilever Ltd. (HUL), Rohit Surfactants Pvt. Ltd. (RSPL), and Proctor and Gamble Home Products Ltd. (P&G) dominate the market, owing to high customer satisfaction both at national and regional levels. Apart from these players, Nirma, Jyothy Laboratories, Fena, and Reckitt Benckiser also operate in the market.
Among the major laundry detergent brands, Ghari had the largest market share during the period of 2014-2017, followed by Surf, and Wheel. Owing to its affordable price, Ghari detergent is the most preferred among the masses, and secures a high market share. On the other hand, brands like Surf and Wheel suffice demands of the middle-market and premium consumers.
Buy Latest Edition of Market Study Now @ https://www.htfmarketreport.com/buy-now?format=1&report=3249906

Market drivers:
The growth in market demand for washing machines has recently expanded at an impressive rate in India. The growing penetration of washing machines is directly increasing the demand for machine-wash laundry detergents. Moreover, the purchasing power of Indians has increased, which is encouraging many players in the detergent market to expand their network and upturn product penetration, especially in the rural market.
Market challenges:
Based on product pricing, laundry detergent manufacturers in India often face stiff competition. In addition, there is not much scope of product differentiation in the sector. Thereby, product differentiation, and high competition act as deterrents to the growth for the market players.
Enquire for customization in Report @ https://www.htfmarketreport.com/enquiry-before-buy/3249906-laundry-detergent-market-1

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, MINT, BRICS, G7, Western / Eastern Europe or Southeast Asia. Also, we can serve you with customize research services as HTF MI holds a database repository that includes public organizations and Millions of Privately held companies with expertise across various Industry domains.

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.

This release was published on openPR.