Laundry Detergent Market Size- By Product Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Laundry Detergent Market Introduction and Overview
According to SPER market research, ‘Laundry Detergent Market – By Product Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Laundry Market is predicted to reach USD 315.18 billion by 2033 with a CAGR of 6.51%.
Laundry detergent is used to clean soiled garments. The following components are frequently included in laundry detergent powder formulations: surfactants, enzymes, builders or water softeners, bleach, optical brighteners, foam regulators, aromas, colors, and corrosion inhibitors. The growing awareness of the need to live healthier lifestyles and people’s growing concern about living in a clean, germ-free environment are the main causes of the rise in per capita spending on household cleaning goods, especially laundry detergents.
The global COVID-19 epidemic has had a mild effect on the growth of the laundry detergent business. During the pandemic, disruptions in the production and supply chains had an impact on market expansion. Nonetheless, the market for laundry detergent is expanding due to reasons including increased health concerns about personal hygiene and cleanliness.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Product Type, By Distribution Channels.
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies CoveredAlticor, Church &Dwight Co.Inc, Colgate-Palmolive Company, C. Johnson & Son Inc., Henkel AG &Co. Inc, Procter & Gamble Company, Reckitte Benckiser Group plc, Unilever plc.
Global Laundry Detergent Market Segmentation
By Product Type:Based on the Product Type, Global Laundry Detergent Market is segmented as Storage type and washing type.
By Distribution Channel:Based on the Distribution Channel Global Laundry Detergent Market is segmented as; Household and Restaurants.
By Region:This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.