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Liquid Laundry Detergent Market Is Projected To Move Ahead at a CAGR of 5.2% from 2018 to 2025 | PROCTER AND GAMBL CHURCH AND DWIGHT , HENKEL COMPANY KGAA

01-30-2023 08:01 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied market research

Liquid Laundry Detergent Market Is Projected To Move Ahead at

Liquid detergent market growth is driven by rise in per capita income, increase rapid urbanization, improvement in living standard, and changes in consumer lifestyle. Moreover, surge in need for comfort in household chores and increase in penetration of washing machines & dishwashers boost the market growth. In addition, inclination of consumers toward eco-friendly & natural liquid detergents augments the market expansion.

According to a new report published by Allied Market Research titled,"Liquid Detergent Market, by Nature, Application, Sales Channel, and End User: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global liquid detergent market was valued at $27,405 million in 2017, and is projected to reach $40,482 million by 2025, growing at a CAGR of 5.2% from 2018 to 2025. In 2017, the U.S. liquid detergent market accounted for about one-fourth of the global liquid detergent market.

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Key findings of the Liquid Detergent Market:-

In terms of value, the organic liquid detergent segment is expected to grow at a high CAGR during the forecast period.
North America is expected to dominate the market, registering a significant CAGR of 3.1% in terms of value.
Asia-Pacific is projected to show exponential growth throughout the forecast period, growing at a CAGR 8.8%, in terms of value.
The hypermarket and supermarket segment is projected to dominate throughout the forecast period however, online sales channel is estimated to grow with the highest CAGR during the forecast period
China accounted for more than one-third of the total Asia-Pacific liquid detergent market size in 2017.

The key players profiled in this report include :-

PROCTER AND GAMBLE
CHURCH AND DWIGHT
HENKEL COMPANY KGAA
UNILEVER PLC
C. JOHNSON AND SON, INC
AMWAY CORPORATION
RECKITT BENCKISER GROUP PLC
COLGATE PALMOLIVE
THE CLOROX COMPANY
GODREJ CONSUMER PRODUCTS

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Regional Analysis :-

North America is expected to lead in terms of liquid detergent market share during the forecast period; however, the region is poised to grow at sluggish CAGR during the forecast period.

The Asia-Pacific market is anticipated to register highest CAGR during the forecast period, owing to increase in household income, rapid urbanization, rise in middle-class population, easy access to goods through development of retail channels, and rise in penetration of washing machines. These factors plays a vital role during the regional as well as global liquid detergent market forecast.

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Important Features that are under Offering and Key Highlights of the Reports:

- Detailed overview of Liquid Detergent Market.
- Changing market dynamics of the Liquid Detergent Market Industry.
- In-depth segmentation of Liquid Detergent Market by Type, Application etc.
- Historical, current and projected market size in terms of volume and value.
- Recent industry trends and developments.
- Competitive landscape of Liquid Detergent Market.
- Strategies of key players and product offerings.
- Potential and niche segments/regions exhibiting promising growth.

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Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.

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