Global Liquid Detergent Market 2024-2028
The liquid detergent market is forecasted to grow by USD 18.92 bn during 2023-2028, accelerating at a CAGR of 6.77% during the forecast period. The report on the liquid detergent 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 new product launches in liquid detergent segment, benefits of liquid detergent over powder and bar forms of detergent, and growing online sales and aggressive marketing strategies by vendors.
Technavio's liquid detergent market is segmented as below:
By Distribution Channel
By Product
- Liquid laundry detergent
- Liquid dishwashing detergent
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the growing demand for organic and environment-friendly liquid detergents as one of the prime reasons driving the liquid detergent market growth during the next few years. Also, rising demand for ultra-concentrated liquid detergents and innovative packaging solutions for liquid detergents will lead to sizable demand in the market.
The report on the liquid detergent market covers the following areas:
- Liquid detergent market sizing
- Liquid detergent market forecast
- Liquid detergent 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 liquid detergent market vendors that include Acuro Organics Ltd., Amway Corp., BASF SE, Bombril SA, Church and Dwight Co. Inc., Colgate Palmolive Co., Galaxy Surfactants Ltd., Godrej Consumer Products Ltd., Henkel AG and Co. KGaA, Johnson and Johnson, Kao Corp., Lion Corp., McBride Plc, Oxiteno SA, Reckitt Benckiser Group Plc, S.C. Johnson and Son Inc., Saraya Co. Ltd., Tetra Laval SA, The Procter and Gamble Co., and Unilever PLC. Also, the liquid detergent 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.