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Fabric Softener & Conditioner Market Projected to Reach $28.42 Billion by 2030 Amidst Rising Demand for Premium Products

07-18-2024 08:21 AM CET | Consumer Goods & Retail

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Fabric Softener & Conditioner Market

Fabric Softener & Conditioner Market

๐…๐š๐›๐ซ๐ข๐œ ๐’๐จ๐Ÿ๐ญ๐ž๐ง๐ž๐ซ & ๐‚๐จ๐ง๐๐ข๐ญ๐ข๐จ๐ง๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Chemicals called fabric softener and conditioner are used to freshen and soften fabrics. Micro and macro emulsion polymers are used in their production. These tiny molecules of polymer bind themselves to the dirt and oil particles and pull them away from the fabric. These are used while rinsing laundry in the washing machine. Fabric softener and conditioner maintain the delicate nature of the fabric while having a flowery scent. The market is filled with numerous fabric and conditioner options. In this industry, competition is fierce. It is projected that growing customer tastes for high-end clothing would fuel demand for products like fabric softeners and conditioners, which keep clothing soft, dust-free, and in edible shape.

๐…๐š๐›๐ซ๐ข๐œ ๐’๐จ๐Ÿ๐ญ๐ž๐ง๐ž๐ซ & ๐‚๐จ๐ง๐๐ข๐ญ๐ข๐จ๐ง๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ž๐ซ๐ฌ๐ฉ๐ž๐œ๐ญ๐ข๐ฏ๐ž:

The global fabric softener and conditioner market, valued at $20.88 billion in 2023, is set to grow at a steady compound annual growth rate (CAGR) of 4.50%, reaching nearly $28.42 billion by 2030, according to recent market analysis.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ: ๐Š๐ž๐ฒ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ

The demand for fabric softeners and conditioners is primarily fueled by rising consumer preferences for premium clothing, which necessitates the use of products that maintain fabric softness and cleanliness. As disposable incomes increase, particularly in developing countries, consumers are more willing to spend on high-quality laundry care products. Urbanization and a busy lifestyle, coupled with the growing e-commerce sector, further contribute to market growth.

A significant boost in the market is also seen from the increasing number of working women and the widespread use of washing machines. In developing economies, issues with water quality have also led to a higher adoption of fabric softeners and conditioners, which help in maintaining fabric quality despite harsh water conditions.

However, the market faces challenges such as high installation costs for advanced products and regulatory restrictions related to environmental concerns. The presence of toxic and artificial chemicals in some products has led to a push for safer, eco-friendly alternatives, driving demand for green products.

๐”๐ง๐œ๐จ๐ฏ๐ž๐ซ ๐ˆ๐ง-๐ƒ๐ž๐ฉ๐ญ๐ก ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/request-sample/120080/

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐‹๐ž๐š๐๐ฌ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

Asia Pacific is expected to grow at the fastest CAGR of 6.1% from 2024 to 2030. The region's growth is driven by rising disposable incomes and rapid urbanization in countries like China and India. In the global commercial segment, the USA, Canada, Japan, and Europe are expected to drive a 4.35% CAGR, with a combined market size of $6.7 billion in 2023, projected to reach $9.43 billion by 2030.

Developed markets with higher disposable incomes have traditionally been major consumer clusters. The introduction of innovative products targeting biodegradability, performance improvement, and skin-friendliness has supported growth in these regions.



๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: (๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐  ๐…๐ฎ๐ฅ๐ฅ ๐“๐Ž๐‚, ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐“๐š๐›๐ฅ๐ž๐ฌ & ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ, ๐‚๐ก๐š๐ซ๐ญ) : https://www.maximizemarketresearch.com/request-sample/120080/

๐…๐š๐›๐ซ๐ข๐œ ๐’๐จ๐Ÿ๐ญ๐ž๐ง๐ž๐ซ & ๐‚๐จ๐ง๐๐ข๐ญ๐ข๐จ๐ง๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

โ™ฆ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ

Liquid Softner
Dry sheet
Others

โ™ฆ ๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Commercial
Household

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ƒ๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž๐ฌ

Based on application, the market is divided into commercial and residential segments. The commercial segment, which includes the hospitality industry, held the highest market share at 65% in 2023. The need for fresh, stain-free linens and towels drives demand in this segment.

The residential segment is anticipated to expand at a 4.5% CAGR during the forecast period. The rising demand for washing machines, particularly fully automatic models, in urban areas of developing countries like China and India, is a significant growth driver.

โ™ฆ ๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

Supermarkets/Hypermarkets
Convenience/Grocery Stores
Specialty Stores
Online Retail Stores
Other Distribution Channels

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ: ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐’๐š๐ฅ๐ž๐ฌ ๐š๐ง๐ ๐„๐œ๐จ-๐Ÿ๐ซ๐ข๐ž๐ง๐๐ฅ๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ

The increasing penetration of online sales channels has significantly boosted the market for fabric softeners and conditioners. The Asia Pacific region, in particular, has seen substantial growth in online sales, with a year-on-year growth rate of 3% in 2022 and a 10% increase in overall sales. Social media promotions and e-commerce channels are increasingly being used to attract consumers, especially millennials who spend less time on laundry and prefer convenience.

The shift towards eco-friendly products is another major trend, driven by growing consumer awareness of environmental issues. Companies are introducing innovative formulations with natural fragrances and biodegradable ingredients to meet this demand.

๐…๐š๐›๐ซ๐ข๐œ ๐’๐จ๐Ÿ๐ญ๐ž๐ง๐ž๐ซ & ๐‚๐จ๐ง๐๐ข๐ญ๐ข๐จ๐ง๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1.AlEn USA LLC
2. Colgate-Palmolive Company
3.Dropps
4. Henkel AG & Co. KGaA
5. Kao Corporation
6. LG Household and Healthcare
7. Lion Corporation
8. Melaleuca, Inc.
9. Pigeon Home Products Corporation
10. Procter & Gamble Co.,
11. Reckitt Benckiser Group plc
12. Reckitt Benckiser Group plc
13. Unilever PLC

๐‚๐จ๐ง๐œ๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง

The fabric softener and conditioner market is poised for significant growth, driven by rising disposable incomes, urbanization, and a shift towards premium and eco-friendly products. Despite challenges, the market's robust expansion reflects its critical role in modern laundry care, catering to both commercial and residential needs. With the increasing penetration of digital sales channels and innovative product offerings, the market is set to thrive in the coming years.

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐Ÿ๐จ๐ซ ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ : https://www.maximizemarketresearch.com/market-report/global-fabric-softener-conditioner-market/120080/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐…๐š๐›๐ซ๐ข๐œ ๐’๐จ๐Ÿ๐ญ๐ž๐ง๐ž๐ซ & ๐‚๐จ๐ง๐๐ข๐ญ๐ข๐จ๐ง๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ:

What is Fabric Softener & Conditioner?
What is the growth rate of the Fabric Softener & Conditioner Market?
Which are the factors expected to drive the Fabric Softener & Conditioner market growth?
What is the CAGR at which the Fabric Softener & Conditioner market will grow during the forecast period?
What are the different segments of the Fabric Softener & Conditioner Market?
Which is the fastest-growing region in the Fabric Softener & Conditioner market?
What growth strategies are the players considering to increase their presence in Fabric Softener & Conditioner?
What are the upcoming opportunities and trends for the Fabric Softener & Conditioner Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Fabric Softener & Conditioner Market?
Who are the leading companies and what are their portfolios in Fabric Softener & Conditioner Market?
๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
๐‹๐จ๐จ๐ค ๐“๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐Ž๐ฎ๐ซ ๐Œ๐จ๐ฌ๐ญ ๐๐จ๐ฉ๐ฎ๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฃ Global Green Manufacturing in Electronics Market https://www.maximizemarketresearch.com/market-report/global-green-manufacturing-in-electronics-market/87125/

โ™ฃ Global Trench Gate Power MOSFET Market https://www.maximizemarketresearch.com/market-report/global-trench-gate-power-mosfet-market/89685/

โ™ฃ Global Multilayer Varistors Market https://www.maximizemarketresearch.com/market-report/global-multilayer-varistors-market/90312/

โ™ฃ Latin America Gas Sensor Market https://www.maximizemarketresearch.com/market-report/latin-america-gas-sensor-market/5721/

โ™ฃ Global Cap Liner Market https://www.maximizemarketresearch.com/market-report/global-cap-liner-market/25536/

โ™ฃ Global Reusable Food Wrap Market https://www.maximizemarketresearch.com/market-report/global-reusable-food-wrap-market/111423/

โ™ฃ Global Away from Home Tissue Products Market https://www.maximizemarketresearch.com/market-report/global-away-from-home-tissue-products-market/52791/

โ™ฃ Global Fully Automatic Vending Machines Market https://www.maximizemarketresearch.com/market-report/global-fully-automatic-vending-machines-market/44390/

โ™ฃ Europe Cleanroom Disposable Gloves Market https://www.maximizemarketresearch.com/market-report/europe-cleanroom-disposable-gloves-market/21821/

โ™ฃ Global Hermetic Laser Packaging Market https://www.maximizemarketresearch.com/market-report/global-hermetic-laser-packaging-market/102413/

๐Ž๐ฎ๐ซ ๐€๐๐๐ซ๐ž๐ฌ๐ฌ:

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฏ๐ญ. ๐‹๐ญ๐.

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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