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Global Laundry Cleaning Product Market To Record Escalated Growth In Revenue During Forecast Period : Fact.MR

12-15-2022 10:38 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact Mr

Global Laundry Cleaning Product Market To Record Escalated

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.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ - https://www.factmr.com/connectus/sample?flag=S&rep_id=101

๐—ž๐—ฒ๐˜† ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—ถ๐—ป ๐—Ÿ๐—ฎ๐˜‚๐—ป๐—ฑ๐—ฟ๐˜† ๐—–๐—น๐—ฒ๐—ฎ๐—ป๐—ถ๐—ป๐—ด ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต

๐—•๐˜† ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜ :
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

๐—•๐˜† ๐——๐—ถ๐˜€๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ถ๐—ผ๐—ป ๐—–๐—ต๐—ฎ๐—ป๐—ป๐—ฒ๐—น :
Modern Trade
Grocery Stores
Convenience Stores
e-Commerce

๐—•๐˜† ๐—ฃ๐—ฎ๐—ฐ๐—ธ๐—ฎ๐—ด๐—ถ๐—ป๐—ด :
Bottle Packaging
Pouch Packaging
Carton Packaging
By Application :
Healthcare Industry
Hospitality Industry

๐—•๐˜† ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป :
North America
Europe
East Asia
South Asia
Oceania
Middle East & Africa
Latin America

๐—š๐—ฒ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฆ๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=101

๐Š๐ž๐ฒ ๐“๐š๐ค๐ž๐š๐ฐ๐š๐ฒ๐ฌ ๐Ÿ๐ซ๐จ๐ฆ ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐ฎ๐๐ฒ

โ€ข Global Laundry Cleaning Product market to expand nearly 1.6x from 2022-2032
โ€ข Detergents segment for Laundry Cleaning Products is the most sought-after component, flourishing at an ~5% CAGR
โ€ข By Distribution Channel, the e-commerce segment is likely to register a CAGR of ~5%
โ€ข The U.S to emerge as one of the most opportunistic markets, witnessing a significant growth rate throughout the forecast period 2022-2032

๐—ž๐—ฒ๐˜† ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€ ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐—น๐—ฒ๐—ฑ

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

๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ

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:

โ€ข 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.

โ€ข 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.

โ€ข 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.

๐—™๐—ผ๐—ฟ ๐—ถ๐—ป-๐—ฑ๐—ฒ๐—ฝ๐˜๐—ต ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ฎ๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€, ๐—•๐˜‚๐˜† ๐—ก๐—ผ๐˜„ - https://www.factmr.com/checkout/101

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