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Increase In The Improvement In Lifestyle In Fabric Care: A Key Factor Shaping the Future of the Fabric Care Market in 2025
Fabric Care Market Size
The fabric care market is set to grow from $111.16 billion in 2024 to $118.83 billion in 2025, at a CAGR of 6.9%. Growth in this sector is fueled by population growth, increased purchases of premium products, higher disposable income, improving living standards, increasing e-commerce adoption, and rising clothing usage.
The fabric care market is projected to grow significantly, reaching $153.47 billion by 2029 at a CAGR of 6.6%. The growth is driven by a rising demand for environment-friendly and sustainable laundry products, awareness of quality detergents, increased health and hygiene concerns, and rising consumer lifestyles. Trends include smart fabric care solutions, sustainable packaging innovations, and developments in washing machines, detergents, dryers, and fabric softeners.
What Are the Main Catalysts for Growth in the Fabric Care Market?
The rise in lifestyle improvements is anticipated to stimulate the growth of the fabric care market. Lifestyle improvements involve positive changes in various life aspects to enhance overall well-being, driven by factors like health awareness, education, and societal changes. Fabric care plays a key role in maintaining cleanliness, hygiene, and comfort. According to the Office for National Statistics (ONS) in July 2023, 91.0% of women and 81.7% of men reported making significant lifestyle changes. Among those aged 16 to 24, 77.2% made lifestyle modifications, while 90.7% of individuals aged 50 to 64 did the same. This rise in lifestyle improvements is fueling the fabric care market.
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Which Businesses Are at the Forefront of Fabric Care Market Development?
Major companies operating in the fabric care market report are Godrej Consumer Products Ltd.; The Procter & Gamble Company; Unilever Group; Henkel AG & Co. KGaA; Colgate-Palmolive; Reckitt Benckiser Group PLC; S. C. Johnson & Son Inc.; Kao Corporation; Wipro Enterprises Limited; Amway India Enterprises Pvt. Ltd.; Huntsman International; The Clorox Company; LG Household & Health Care Ltd.; Church & Dwight* Co. Inc.; Alicorp S.A.A.; Lion Corporation; Dabur India Limited; Guangzhou Blue Moon Industry Co. Ltd.; CHT Germany GmbH; Jyothy Laboratories Limited; Golrang Industrial Group; The National Detergent Company SAOG; Team Thai Ltd; RSPL Group Pvt. Ltd; Wings Corporation; Scott's Liquid Gold Inc; Guangzhou Liby Group Co. Ltd; Whealth fields Lohmann Guangzhou Ltd.; Nice Group Co. Ltd.
What Are the Latest Innovations in the Fabric Care Market?
Companies in the fabric care market are also focused on developing innovative solutions like odor removers to meet consumer demand for effective and convenient fabric care. Odor removers eliminate unpleasant odors without compromising the quality of fabrics. For example, in September 2022, Procter & Gamble, a US-based consumer goods company, launched Rinse & Refresh, a fabric rinse solution designed to remove odor-causing residues and hard water buildup from fibers. This product enhances the freshness, softness, and brightness of fabrics while being gentle on sensitive skin and suitable for baby clothes, as it contains no dyes or strong fragrances.
How Is the Fabric Care Market Segmented?
The fabric care market covered in this report is segmented -
1) By Product Type: Fabric Detergents, Fabric Softeners Or Enhancers, Stain Removers Or Bleach, Other Fabric Care Products
2) By Form: Powder, Dry Sheets, Bars Or Blocks, Pacs And Tablets, Other Forms
3) By Nature: Synthetic, Organic, Other Natures
4) By Application: Residential, Hospitality, Healthcare, Automotive, Other Applications
5) By Sales Channel: Wholesalers Or Distributors, Convenience Stores, Super markets Or Hyper markets, Online Stores, Independent Small Stores, Other Sales Channels
Subsegments:
1) By Fabric Detergents: Liquid Detergents, Powder Detergents, Pods And Tablets
2) By Fabric Softeners Or Enhancers: Liquid Fabric Softeners, Dryer Sheets, Fabric Softener Crystals
3) By Stain Removers Or Bleach: Liquid Stain Removers, Powdered Stain Removers, Bleach (Liquid And Powder)
4) By Other Fabric Care Products: Fabric Fresheners, Ironing Aids, Anti-Static Sprays
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Where Is the Fabric Care Market Growth Most Prominent?
Asia-Pacific was the largest region in the fabric care market in 2024. The regions covered in the fabric care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Fabric Care Global Market Report?
- Market Size Analysis: Analyze the Fabric Care Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Fabric Care Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Fabric Care Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Fabric Care Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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