Press release
Home Care Chemicals Market Expected to Hit USD 21.9 Billion in 2023 and USD 34.6 Billion by 2033 | Persistence Market Research
Overview of the MarketThe home care chemicals market has emerged as a vital component of the global consumer goods sector, driven by the growing demand for hygiene and cleanliness across residential spaces. In 2023, global sales of home care chemicals are estimated to reach US$ 21,857.4 Mn, a noticeable increase from US$ 20,815.4 Mn in 2022. The market is forecast to grow at a CAGR of 4.7% through 2033, reaching US$ 34,599.1 Mn by the end of the forecast period.
Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response): https://www.persistencemarketresearch.com/samples/4528
A key driver of this market's growth is the rising awareness about hygiene-amplified significantly by the COVID-19 pandemic. In addition, increasing urbanization, a higher standard of living, and the expansion of institutional and food service sectors have contributed to increased consumption. Among the market segments, laundry care products dominate due to their daily household use. North America is the leading region, followed closely by Europe, due to the high rate of product innovation and strong consumer awareness about health and environmental standards.
Key Highlights from the Report
• Global home care chemicals market projected to hit US$ 34.6 Bn by 2033.
• North America and Europe collectively account for over 35% of global consumption.
• Market growing at a CAGR of 4.7% from 2023 to 2033.
• Laundry care chemicals represent the largest product segment.
• Growing consumer focus on eco-friendly and biodegradable products.
• Product innovation post-COVID has become a major competitive differentiator.
Market Segmentation
The home care chemicals market is segmented by product type, including laundry care, dishwashing, surface cleaners, toilet care, air fresheners, and others. Among these, laundry care continues to lead due to its frequent usage and growing innovations in stain removal and fragrance-enhancing formulations. Surface cleaners and dishwashing chemicals are also seeing robust growth, driven by hygiene-conscious consumers and commercial applications.
By end-user segment, the market divides into residential and commercial sectors. The residential segment dominates, as personal and family hygiene remains a top priority worldwide. However, the commercial sector-particularly hotels, hospitals, and institutional kitchens-is quickly catching up, creating a strong demand for bulk and industrial-grade formulations.
Regional Insights
In North America, the market benefits from widespread product innovation and the presence of established industry players. The United States contributes significantly due to consumer demand for sustainable and multi-functional home care products.
Europe holds a strong position in the market thanks to stringent environmental regulations and rising interest in biodegradable and natural alternatives. Countries like Germany, the UK, and France lead the region with a high concentration of eco-conscious consumers.
Market Drivers
The primary market driver is the rising consumer awareness regarding hygiene and the importance of maintaining clean living spaces, particularly after the global pandemic. Additionally, growing disposable incomes in developing regions are encouraging consumers to invest in premium home care products.
Market Restraints
One of the key restraints in the market is the increasing concern about the environmental impact of synthetic chemicals used in home care products. Regulatory scrutiny and consumer demand for transparency in ingredients are pushing manufacturers to rethink their formulations, potentially increasing production costs.
Market Opportunities
There is a significant opportunity in the eco-friendly and plant-based product segment. Companies investing in green chemistry, zero-waste packaging, and refillable containers are well-positioned to capitalize on the rising trend of sustainability. Furthermore, expanding into emerging markets with rising urban populations presents a large untapped potential.
Reasons to Buy the Report
✔ In-depth analysis of current trends, market size, and growth forecasts through 2033.
✔ Clear segmentation by product, end-user, and geography to guide business strategies.
✔ Insights on leading players and their strategic developments in the home care sector.
✔ Evaluation of sustainability trends and their long-term impact on product demand.
✔ Access to reliable statistics and historical data from 2017 to 2022 to benchmark progress.
Frequently Asked Questions (FAQs)
How Big is the Home Care Chemicals Market?
What is the Projected Growth Rate of the Home Care Chemicals Market?
Who are the Key Players in the Global Market for Home Care Chemicals?
What is the Market Forecast for Home Care Chemicals for 2032?
Which Region is Estimated to Dominate the Home Care Chemicals Industry through the Forecast Period?
Company Insights
Key Players in the Home Care Chemicals Market:
1. BASF SE
2. The Dow Chemical Company
3. Solvay SA
4. Stepan Company
5. Ashland Global Holdings Inc.
6. Evonik Industries AG
7. Clariant AG
8. Croda International Plc
9. Huntsman Corporation
10. Henkel AG & Co. KGaA
Recent Developments:
• BASF SE launched a new line of biodegradable surfactants in 2023, targeting the eco-conscious home care segment.
• Henkel expanded its production facilities in North America to meet growing regional demand for sustainable household care products.
Conclusion
The global home care chemicals market is on a steady growth trajectory, bolstered by changing consumer habits, heightened awareness of hygiene, and a strong push toward sustainability. With technological advancements in formulations and packaging, alongside evolving regulatory frameworks, industry stakeholders must continue innovating to remain competitive. As demand rises across residential and commercial sectors, particularly in emerging economies, the future of the market looks both dynamic and promising.
Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Home Care Chemicals Market Expected to Hit USD 21.9 Billion in 2023 and USD 34.6 Billion by 2033 | Persistence Market Research here
News-ID: 3973464 • Views: …
More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…

Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…

Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…

Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Chemical
Nickel Nitrate Market Size, Key Players: UMAI CHEMICAL, The Shepherd Chemical Co …
Nickel nitrate is an inorganic compound that is used in various applications, including electroplating, catalysts, and as a precursor for the production of other nickel compounds. The nickel nitrate market is expected to grow in the coming years, driven by the increasing demand for nickel in various applications such as the automotive and electronics industries.
Get a Free Sample Copy of the Global Nickel Nitrate Market Research Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=6914387
Market segmentation
Nickel…
Pharma Grade Ethylmalonate Market Analysis and Forecast To 2028 | Hebei Chengxin …
"In the past few years, the Pharma Grade Ethylmalonate market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Pharma Grade Ethylmalonate reached the predicted milestone in 2022 with the rising CAGR from 2017-2022.
Facing the complicated international situation, the future of the Pharma Grade Ethylmalonate market is full of uncertain. Report predicts that the global Pharma Grade Ethylmalonate market size will…
Phosphorus Pentachloride market Key Players| Xuzhou Weiruipu Chemical, Xuzhou Ho …
A Comprehensive research study conducted by KD Market Insights on " Phosphorus Pentachloride (CAS 10026-13-8) Market - By Product Type (Qualified: content?98.0%, First grade: content?99.0%, High class products: content?99.5%), By Application (Pharmaceutical Industry, Dye Industry, Chemical Industry, Other) & Global Region Market Size, Share, Trends and Forecast 2018-2023" report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. The Phosphorus Pentachloride market report includes market size, growth drivers,…
Global 4-Hydroxybenzaldehyde Market 2019 - Jiaxing Jinhe Chemical, Suzhou Inter- …
4-Hydroxybenzaldehyde is an important fine chemical product and intermediate for organic synthesis, with wide use in pharmaceutical, aromatizer, pesticide, electroplating and liquid crystal industries.
4-Hydroxybenzaldehyde is a white or pale yellow crystalline powder, which is mainly made from para-cresol.
Applications of 4-hydroxybenzaldehyde include Pharmaceutical, Aromatizer, Pesticide, Electronic and so on. Among those applications, Aromatizer accounts for the largest market share, which was about 65.60% in 2016.
The 4-hydroxybenzaldehyde industry is highly concentrated…
Calcium Nitrate Market Survey 2017 - Yunli Chemical, Leixin Chemical, Uralchem, …
Calcium Nitrate Market Research 2017
A market study ” Global Calcium Nitrate Market ” examines the performance of the Calcium Nitrate market 2017. It encloses an in-depth Research of the Calcium Nitrate market state and the competitive landscape globally. This report analyzes the potential of Calcium Nitrate market in the present and the future prospects from various angles in detail.
The Global Calcium Nitrate Market 2017 report includes Calcium Nitrate market Revenue,…
Global Glutaric Dialdehyde Market 2017 : Jinghong chemical, TNJ Chemical, Xinjin …
A market study based on the "Glutaric Dialdehyde Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Glutaric Dialdehyde Market 2017’. The research report analyses the historical as well as present performance of the worldwide Glutaric Dialdehyde industry, and makes predictions on the future status of Glutaric Dialdehyde market on the basis of this analysis.
Get Free Sample Copy of Report Here :
http://bit.ly/2iIAeTe
Top Manufacturers…