Home Press Releases Laundry Detergent Market Size Worth $223.8 Billion by 2028 | CAGR: 5.0%

Laundry Detergent Market Size Worth $223.8 Billion by 2028 | CAGR: 5.0%

The global laundry detergent market is expected to reach US$ 223.8 billion by 2028 according to a new study by Polaris Market Research. The report “Laundry Detergent Market Share, Size, Trends, Industry Analysis Report, By Product (Powder, Liquid, Fabric Softeners, Detergent Tablets, Washing Pods, Natural/Eco-friendly Detergents), By Application (Household, Industrial/Institutional); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

A growing trend among people to live healthier lifestyles along with increasing concerns related to hygienic living has led to a surge in demand for laundry detergent products. A major shift in consumer preference for green and scented laundry care products are creating lucrative opportunities for market players to come up with new innovative products.

 

Furthermore, rising per capita spending on products for household cleaning coupled with marketing campaigns run by market participants for the promotion of their products, fueling the development of the laundry detergent industry. Moreover, increasing penetration of washing machines in major developing countries further supporting the market growth.

 

Have Questions? Request a sample or make an Inquiry before buying this report by clicking the following link: https://www.polarismarketresearch.com/industry-analysis/laundry-detergent-market/request-for-sample

 

Segment Highlights

  • The powder laundry detergent segment contributed the major revenue share in the market on account of its several applications fueling demand in major economies from Latin America and the Asia Pacific
  • The outbreak of the COVID-19 pandemic has resulted in increased online spending by consumers to follow social distancing measures, which in turn, has fostered the sales of laundry care products
  • The rising demand for eco-friendly laundry care products worldwide encourages vendors to invest more in R&D activities to bring new organic and eco-friendly products at cost-effective rates
  • Leading vendors developing laundry care products with a unique fragrance, quality, and packaging to attract their potential consumers and gain a crucial edge over their competitors in the market

 

List of Key Players

  • Procter & Gamble
  • Unilever
  • Method Products, PBC
  • Lion Corporation
  • Kao Corporation
  • Henkel AG & Co. KGaA
  • Chruch & Dwight Co. Inc.
  • Reckitt Benckiser Group plc
  • Others

 

Polaris Market Research has segmented the laundry detergent market report based on product, application, and region

 

Laundry Detergent, Product Outlook (Revenue – USD Billion, 2016 – 2028)

  • Powder
  • Liquid
  • Fabric Softeners
  • Detergent Tablets
  • Washing Pods
  • Natural/Eco-friendly Detergents

Laundry Detergent, By Application Outlook (Revenue – USD Billion, 2016 – 2028)

  • Household
  • Industrial

Laundry Detergents, Regional Outlook (Revenue – USD Billion, 2016 – 2028)

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • UK
    • Italy
    • Spain
    • Netherlands
    • Austria
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • South Korea
    • Indonesia
  • Central & South America
    • Mexico
    • Brazil
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

License and Pricing

Buy Now

Purchase Report Sections

  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
Request for Discount Pricing

Request For Customization

Please specify your research requirement and get customized report


Regional AnalysisSegmentation AnalysisIndustry OutlookCompetitive Analysis
By using this form you agree with the storage and handling of your data by this website.

Speak to Analyst

By using this form you agree with the storage and handling of your data by this website.