Press release
Global Laundry Cleaning Product Market To Record Escalated Growth In Revenue During Forecast Period : Fact.MR
The global Laundry Cleaning Product market is projected to grow at a staggering 5.0% value CAGR, reaching US$ 145 Billion, following an assessment period ranging from 2022-2032. As per a newly published report on this industry by Fact.MR, a valuation of US$ 88.34 Billion has been anticipated during FY 2022.From 2017-2021, demand for Laundry Cleaning Products flourished at a growth rate of 4.8%, concluding at US$ 84.06 Billion. Increasing awareness regarding health and hygiene among consumers is a crucial aspect driving market revenue of laundry cleaning products. Owing to these factors, the market witnessed moderate growth in recent years. Increasing preference for scented laundry cleaning products and green products, and thereby the development of versatile laundry cleaning products, is gaining consumer acceptance and accelerating the expansion of the laundry care industry.
With populations, the world over focusing on saving time on their daily laundry chores, the need for better and eco-friendly laundry cleaning products has intensified to achieve sustainable laundry cleaning practices. Continuous growth in demand for laundry services in major sectors, including healthcare, hospitality, and food services, is driving demand for laundry cleaning products such as detergents and fabric conditioners across geographies.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ - https://www.factmr.com/connectus/sample?flag=S&rep_id=101
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐ถ๐ป ๐๐ฎ๐๐ป๐ฑ๐ฟ๐ ๐๐น๐ฒ๐ฎ๐ป๐ถ๐ป๐ด ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
๐๐ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐ :
Laundry Detergents
Plant-Based Laundry Detergents
Laundry Detergent Liquids
Laundry Detergent Powder
Gel Laundry Detergents
Laundry Whiteners
Liquid Laundry Whiteners
Laundry Whitener Powder
Laundry Whiteners And Brighteners
Laundry Conditioners
Liquid Laundry Conditioners
Fabric Softeners
By Form :
Liquids
Bars
Powders
Gels
๐๐ ๐๐ถ๐๐๐ฟ๐ถ๐ฏ๐๐๐ถ๐ผ๐ป ๐๐ต๐ฎ๐ป๐ป๐ฒ๐น :
Modern Trade
Grocery Stores
Convenience Stores
e-Commerce
๐๐ ๐ฃ๐ฎ๐ฐ๐ธ๐ฎ๐ด๐ถ๐ป๐ด :
Bottle Packaging
Pouch Packaging
Carton Packaging
By Application :
Healthcare Industry
Hospitality Industry
๐๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป :
North America
Europe
East Asia
South Asia
Oceania
Middle East & Africa
Latin America
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=101
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
โข Global Laundry Cleaning Product market to expand nearly 1.6x from 2022-2032
โข Detergents segment for Laundry Cleaning Products is the most sought-after component, flourishing at an ~5% CAGR
โข By Distribution Channel, the e-commerce segment is likely to register a CAGR of ~5%
โข The U.S to emerge as one of the most opportunistic markets, witnessing a significant growth rate throughout the forecast period 2022-2032
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ
Procter & Gamble Co.
Unilever PLC
Henkel AG & Co. KGaA
Kao Corporation
Reckitt Benckiser Group
The Clorox Company
Bombril SA
Jyothy Laboratories
Amway
Reward Group
Lam Soon
Shanghai White Cat Group
Baoding Qilijia Daily Chemical
Beijing Lvsan Chemistry
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
Prominent service providers are taking advantage of the rapidly digitizing landscape to introduce new services equipped with cutting-edge innovative technology. Some notable developments are as follows:
โข In March 2021, Unilever announced its intention to close the washing powder factory in Warrington, United Kingdom, as consumers are switching to other alternatives, including laundry liquid and capsule detergents.
โข In May 2021, Consumer health and hygiene company Reckitt Benckiser (RB) announced its entry into the premium liquid laundry detergent category in India with Woolite. This is the first time RB has brought an innovative keratin-based new detergent formula, imported from Europe to India and launched exclusively on e-commerce.
โข In Sept 2022, Fort Wayne-based Summit Brands is adding to its portfolio of laundry products. The company, which markets and distributes household cleaning products, has acquired the Zout and Fels-Naptha brands from Germany-based chemical company Henkel, though financial terms are not being disclosed.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐๐ ๐ก๐ผ๐ - https://www.factmr.com/checkout/101
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