A research study titled, “Laundry Detergent Market by product and application - global industry analysis and forecast to 2023”, published by crystal market research.
Market Highlights:
The global Laundry Detergent market was worth USD 123.45 billion in 2014 and is expected to reach approximately USD 188.57 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.82% during the forecast period. The growing infiltration of washing machines in the emerging economies is probably going to be a key driver for request over the estimate time frame. Besides, advancements in technology are additionally prone to boost the development. The growing requirement for the product in the United States is ruled by developing prevalence of liquid products. The United States has seen significant development in the usage of liquid product over powder stock. Nonetheless, concerns in regards to the safety of children consuming these products poses a restriction to development of the market. Additionally, the increasing prominence of e-commerce is anticipated to be the major factor boosting product development, particularly among the working-class because of convenient availability.
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Market Highlights:
The global Laundry Detergent market was worth USD 123.45 billion in 2014 and is expected to reach approximately USD 188.57 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.82% during the forecast period. The growing infiltration of washing machines in the emerging economies is probably going to be a key driver for request over the estimate time frame. Besides, advancements in technology are additionally prone to boost the development. The growing requirement for the product in the United States is ruled by developing prevalence of liquid products. The United States has seen significant development in the usage of liquid product over powder stock. Nonetheless, concerns in regards to the safety of children consuming these products poses a restriction to development of the market. Additionally, the increasing prominence of e-commerce is anticipated to be the major factor boosting product development, particularly among the working-class because of convenient availability.
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https://www.crystalmarketresearch.com/report-sample/CG01460
The Laundry Detergent Market Is Segmented As Follows:
Laundry Detergent Market, By Product, Estimates and Forecast, 2014-2023 ($Million):Fabric softeners
Powder detergents
Liquid detergents
Detergent tablets
Others
Laundry Detergent Market, By Product, Estimates and Forecast, 2014-2023 ($Million):Fabric softeners
Powder detergents
Liquid detergents
Detergent tablets
Others
Laundry Detergent Market, By Application, Estimates and Forecast, 2014-2023 ($Million):Industrial or Institutional
Household
Laundry Detergent Market , By Region, Estimates and Forecast, 2014-2023 ($Million):Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
Household
Laundry Detergent Market , By Region, Estimates and Forecast, 2014-2023 ($Million):Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Competitive Insights:
The leading players in the market are Church & Dwight, Henkel, P&G, The Clorox Company and Unilever. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry. The open innovation program launched by Unilever enables various companies to make sustainable products.
Regional Outlook and Trend Analysis:
Asia Pacific is foreseen to dominate the laundry detergents market. The region represented a growth of 34.9% in 2016 and is anticipated to encounter significant development in the upcoming years. Detergent brands like Surf, Rin and Wheel that are owned by Unilever witnessed declining sales in 2016 due to the emergence of regional brands in rural India. Furthermore, increasing population in China is one of the factors that boost the development in of the market.
Research Methodology:We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
The leading players in the market are Church & Dwight, Henkel, P&G, The Clorox Company and Unilever. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry. The open innovation program launched by Unilever enables various companies to make sustainable products.
Regional Outlook and Trend Analysis:
Asia Pacific is foreseen to dominate the laundry detergents market. The region represented a growth of 34.9% in 2016 and is anticipated to encounter significant development in the upcoming years. Detergent brands like Surf, Rin and Wheel that are owned by Unilever witnessed declining sales in 2016 due to the emergence of regional brands in rural India. Furthermore, increasing population in China is one of the factors that boost the development in of the market.
Research Methodology:We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
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About Crystal Market Research:
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
Contact Us:
Judy S,
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
Contact Us:
Judy S,
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com
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