Global Laundry Care Agent
Market Report
2024
The laundry care agent market was estimated at USD 88.5 billion in 2022 and is projected to reach USD 134.7 billion in 2030, growing at a CAGR of 5.4% during the forecast year
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The laundry care agent market was estimated at USD 88.5 billion in 2022 and is projected to reach USD 134.7 billion in 2030, growing at a CAGR of 5.4% during the forecast year
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Laundry Care Agent Market Sales Revenue 2022 | $ 88.5 Billion |
Global Laundry Care Agent Market Sales Revenue 2030 | $ 134.7 Billion |
Global Laundry Care Agent Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.4% |
Market Split by Type |
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Market Split by Application |
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Market Split by Source Type |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Laundry Care Agent Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Laundry care agents are substances that are added to laundry loads to enhance the cleaning process. These agents come in different forms such as powders, liquids, and sheets, and can be used in both standard and high-efficiency washers. They are effective in treating different types of stains including grass stains, food stains, and body soils. Moreover, laundry care agents can also improve the look of fabrics by brightening colors and removing lint and fuzz. Rising demand for household and commercial applications is anticipated to drive the laundry care agent market over the forecasting year.
Increasing demand for laundry services fuel the laundry care agent market
Rising demand for laundry services is driven by the growth of the laundry care agent market, as urbanization continues to increase, more individuals are relocating to cities where fast-paced lifestyles have become standard. Laundry services consist of washing, drying, pressing, and dry cleaning. The significance of living a healthier lifestyle is expected to increase, and consumers are concerned about their health and hygiene, including the need for clean clothing, leading to growth in the market. Laundromats and cleaning services may offer drop-off and pick-up locations, as well as cleaning and dry cleaning the clothes. Furthermore, increased consumer expenditure on such services is expected to boost the laundry care agent market
Synthetic detergents contain various surfactants which gradually biodegrade to low toxicity levels, but this process poses environmental concerns. Alkylphenol ethoxylates, a common surfactant in these detergents, pose a significant threat to aquatic life, as noted by the Environmental Protection Agency. This surfactant accumulates in rivers and streams, and its negative impact on the endocrine system, which regulates growth, reproduction, and metabolism, can poison fish. With an increasing number of people becoming environmentally aware, these factors may hinder the growth of the laundry care market in the future.
The COVID-19 pandemic caused worldwide chaos. Governments responded by implementing lockdowns and restrictions on people's movements, due to the virus's spread rapidly. This resulted in millions of deaths. Despite supply chain bottlenecks, some industries saw increased sales during the pandemic, as people became more concerned about cleanliness. Sales of cleaning supplies, such as sanitizers, disinfectants, and laundry detergent, spiked during the outbreak. People's fear of scarcity, due to the lockdowns, led to bulk buying of laundry products, even hoarding them.
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Unilever's innovative laundry sheets in the mass market
Landry sheets are a more convenient, sustainable format and they added innovative fragrance technology. These sheets are alternatives to liquids and capsules with a more intense scent within the fabric long after the clothes have been washed.
The firm launched a new business unit, built a multicategory growth platform and combined its consumer brand and hair professional firm under one roof.
Top Companies Market Share in Laundry Care Agent Industry: (In no particular order of Rank)
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The North American segment holds the highest share in the laundry care market, due to its high disposable income and changing lifestyles. Additionally, the presence of numerous laundry care manufacturers in the area contributes to its dominance.
The Europe segment is anticipated to grow during the forecast period of the laundry care agent market, due to attributed to the presence of leading market players and the growing awareness of the benefits of using laundry care agents
The current report Scope analyzes Laundry Care Agent Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Laundry Care Agent Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Laundry Care Agent Industry growth. Laundry Care Agent market has been segmented with the help of its Type, Application Source Type, and others. Laundry Care Agent market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The laundry detergent segment holds the largest share of the laundry care agent market
The laundry care agent market is significantly growing driven by evolving consumer choices and rising awareness about the benefits of using these agents. Laundry detergents are made up of surfactant or amphipathic molecules that have the ability to clean in both dilute and concentrated solutions. These agents effectively remove dirt, soil, and stains from fabric without altering their color or texture.
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The household segment is growing significantly in the laundry care agent market
The household segment is experiencing significant growth due to people's changing lifestyles and their desire for a clean and hygienic environment. Laundry care agents are used to remove stains, dirt, and grime from clothes and other fabrics, as well as prevent the growth of Mold and mildew. These agents come in various forms such as powders, liquids, gels, and tablets, and are used based on the type of fabric and level of soiling.
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The retail store's segment leads the highest share of the laundry care agent market
The retail store segment dominates the laundry care agent market. The laundry care used in a large number of commercial applications wings to the need for clean and well-pressed clothes. The household application segment is further divided into urban and rural areas. Laundry care agents are widely used in households due to the ever-increasing demand for laundry services
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Laundry Care Agent Market is witnessing significant growth in the near future.
In 2023, the Fabric Softeners segment accounted for noticeable share of global Laundry Care Agent Market and is projected to experience significant growth in the near future.
The Household segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Procter & Gamble Co., Colgate Palmolive Company and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Fabric Softeners, Laundry Detergent, Others |
Application | Household, Commercial, Others |
Source Type | Synthetic, Organic, Others |
Distribution Channel | Wholesaler, Supermarket, Convenience Stores, E-Commerce, Grocery Stores, Others |
List of Competitors | Procter & Gamble Co., Unilever PLC, Colgate Palmolive Company, Henkel AG & Co. KGaA, Reckitt Benckiser Group PLC, Amway Corporation, Kao Corporation, S.C. Johnson & Son Inc., LG Household & Health Care Ltd., Golrang Industrial Group, Lion Corporation, Church & Dwight Co. Inc., Alicorp S.A.A., Wings Corporation, Nice Group Co. Ltd., Whealthfields Lohmann Guangzhou Ltd., RSPL Limited, Fabrica de Jabon La Corona SA de CV, Guangzhou Liby Enterprise Group Co. Ltd., Guangzhou Blue Moon Industry Co. Ltd. |
This chapter will help you gain GLOBAL Market Analysis of Laundry Care Agent. Further deep in this chapter, you will be able to review Global Laundry Care Agent Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Source Type Analysis 2019 -2031
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Chapter 13 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Laundry Care Agent market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Fabric Softeners have a significant impact on Laundry Care Agent market? |
What are the key factors affecting the Fabric Softeners and Laundry Detergent of Laundry Care Agent Market? |
What is the CAGR/Growth Rate of Household during the forecast period? |
By type, which segment accounted for largest share of the global Laundry Care Agent Market? |
Which region is expected to dominate the global Laundry Care Agent Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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