The laundry detergent market size is expected to reach USD 132.61 Billion by 2034, according to a new study by Polaris Market Research. The report “Laundry Detergent Market Size, Share, Trends, Industry Analysis Report: By Product (Powder, Liquid), By Content, By Application – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Laundry detergent is a cleaning agent designed specifically to remove dirt, stains, and odors from clothing and fabrics during the washing process. It typically contains surfactants, enzymes, and other ingredients that break down grease and grime.
The rising competition among the global and regional players is affecting the market dynamics of the laundry detergent market. For instance, international players such as Unilever and Procter & Gamble are losing their market share in India. The global giants are facing tough competition from regional players such as Rohit Surfactants Pvt. Ltd and Nirma. With respect to the Indian laundry detergent market, Hindustan Unilever Limited, a subsidiary of Unilever, has observed declining sales across its detergent brands such as Rin, Surf, and Wheel. The growing prominence of the regional brands in the rural market of India is a crucial reason for the growth of the regional brands.
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There is an increasing trend among manufacturers to reduce supplier count to reduce procurement costs and improve associated financial benefits, often known as "supplier consolidation," which provides controlling power to the suppliers' group. Moreover, regulatory agencies are conscious of the ingredients/chemicals being used in laundry detergents. Several countries have limited the use of phosphates in laundry detergents, which are harmful to humans.
By Product (Revenue - USD Billion, 2020–2034)
By Content (Revenue - USD Billion, 2020–2034)
By Application (Revenue - USD Billion, 2020–2034)
By Regional Outlook (Revenue - USD Billion, 2020–2034)