Global Laundry Care Products Market 2024-2028
The laundry care products market is forecasted to grow by USD 26441 mn during 2023-2028, accelerating at a CAGR of 4.83% during the forecast period. The report on the laundry care products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid demand for laundry services, product innovations leading to portfolio extension and product premiumization, and increased acceptance of liquid detergents.
Technavio's laundry care products market is segmented as below:
By Distribution Channel
By Product
- Laundry detergent
- Fabric softener
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the usage of eco-friendly laundry care products as one of the prime reasons driving the laundry care products market growth during the next few years. Also, increased adoption of dryer sheets and use of social media marketing will lead to sizable demand in the market.
The report on the laundry care products market covers the following areas:
- Laundry care products market sizing
- Laundry care products market forecast
- Laundry care products market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laundry care products market vendors that include Amway Corp., Church and Dwight Co. Inc., Colgate Palmolive Co., Fena Pvt. Ltd., Godrej and Boyce Manufacturing Co. Ltd., Grab Green Home, Henkel AG and Co. KGaA, Jyothy Labs Ltd., Kao Corp., Lion Corp., Puracy, PZ Cussons Plc, Reckitt Benckiser Group Plc, RSPL Ltd., S.C. Johnson and Son Inc., Saraya Co. Ltd., The Clorox Co., The Procter and Gamble Co., Unilever PLC, and Venus Laboratories DBA Earth Friendly Products. Also, the laundry care products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.