Press release
Increase In The Improvement In Lifestyle In Fabric Care: Key Factor Driving The Growth In The Fabric Care Market
Fabric Care Market
What Is the Expected Fabric Care Market Size During the Forecast Period?
The size of the fabric care market has been registering robust growth in the previous years. The market is anticipated to expand from $111.16 billion in 2024 to $118.83 billion in 2025, recording a compound annual growth rate (CAGR) of 6.9%. Various factors have contributed to this historic growth, including a surge in population, increased demand for high-end products, growth in consumer disposable income, enhanced living conditions, the surge in e-commerce usage, and an escalating trend of clothing utilization.
The size of the fabric care market is projected to experience significant expansion in the forthcoming years, with an estimation to reach $153.47 billion in 2029, progressing at a compound annual growth rate (CAGR) of 6.6%. This growth trajectory during the forecast period can be linked to the increasing demand for eco-friendly and sustainable laundry care commodities, heightened awareness of utilizing high-quality detergents, intensifying concerns for health and hygiene, enhanced consumer consciousness, and evolving consumer lifestyles. Key trends expected within this forecast period encompass intelligent fabric care solutions, innovations in sustainable packaging, advancement of fabric care merchandise, the creation of washing machines, the launch of detergents, and new developments such as automated washing machines, dryers, and fabric conditioners.
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What Are the High-Growth Segments in the Fabric Care Market?
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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What Key Drivers Are Expected to Influence Future Fabric Care Market Growth?
The anticipated rise in lifestyle enhancements is projected to fuel the advancement of the fabric care market. Such lifestyle improvements indicate the beneficial modifications made across various aspects of life to boost overall wellness. Such enhancements in lifestyle could be due to a host of reasons, like heightened health consciousness, education, and changes within society. Fabric care plays a vital role in preserving cleanliness, hygiene, comfort, confidence, and the durability of clothing, thereby fueling lifestyle betterment. For instance, the Office for National Statistics (ONS), a UK-based autonomous body generating official numbers, reported in July 2023 that about 91.0% of women and 81.7% of men stated they had introduced minor to substantial lifestyle alterations. Those in the 16 to 24 age bracket reported a 77.2% rate of lifestyle changes, whereas those in the 50 to 64 age group displayed the maximum proportion at 90.7%. Hence, the escalating enhancement in lifestyles is propelling the fabric care market's expansion.
Which Companies Hold the Largest Share Across Different Fabric Care Market Segments?
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 Trends Are Driving Growth in The Fabric Care Market?
Leading firms in the fabric care market are concentrating their efforts on innovating products like odor removers to meet customer needs for efficient and handy solutions. Odor removers offer a method of maintaining fabric care without sacrificing fabric quality by efficiently dispelling undesirable scents. For instance, in September 2022, US-based consumer goods enterprise Procter & Gamble rolled out Rinse & Refresh, a fabric rinse concoction engineered to effectively eradicate odor-generating residues and deposits of hard water metals ingrained in fibers. This product enhances the utility of laundry detergents and assists in eliminating residues and smells, providing fabrics that are clearly fresher, softer, and brighter. This mix contains no dyes or strong fragrances, making it gentle for sensitive skin and perfect for washing baby garments.
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What Are the Emerging Geographies for The Fabric Care Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Fabric Care Market?
2. What is the CAGR expected in the Fabric Care Market?
3. What Are the Key Innovations Transforming the Fabric Care Industry?
4. Which Region Is Leading the Fabric Care Market?
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