United States Laundry Detergent Market Report and Forecast 2022-2027
Market Outlook
According to the comprehensive report by Expert Market Research (EMR), the United States laundry detergent market attained a value of USD 10455 million in 2021. Aided by the rising demand for advanced and organic products, the market is expected to further grow at a CAGR of 3.4% between 2022 and 2027 to reach a value of USD 13574 million by 2027.
Laundry detergent, also known as washing powder, is a type of cleaning agent that is used to clean laundry. They are made up of alkalis, surfactants, and enzymatic agents, among many other chemicals.
The market for laundry detergents is majorly driven by the rising adoption of advanced washing machines and increasing customers demand for smoother cleaning process. This has propelled the manufacturing companies to develop new and innovative products such as pods, gels, and liquid detergents.
The powder detergent still holds the largest market share due its cheap production and retail price, especially in the developing countries as they lack knowledge about the other forms. However, many leading companies are increasing the development of organic and eco-friendly options owing to the growing environmental awareness among the consumers and manufacturers. Moreover, the natural ingredients in organic detergents dissolve more easily and are soft on the fabric which helps in preserving the life of the cloth.
Prominent players have started to develop new products with exotic fragrances and have begun to expand their reach through different types of online platforms.
Market Segmentation
The market can be divided on the basis of form, type, nature, application, and regional markets.
Based on forms, the market can be segmented into the following:
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