Global Laundry Detergent Market Outlook 2017-2022

Global Laundry Detergent Market is estimated to grow at a substantial CAGR of 3.5% by 2022, as the scope, product types, and its applications are increasing across the globe. Laundry detergents exist in the form of liquid or dry powder. Cost effective detergents have no enzymes. The features that are playing an important part in raising the market share comprise increase in industrialization in the emerging nations, development, product overviews, expansion in the disposable revenue, increasing demand for eco-friendly liquid laundry detergents, rising demands from the emerging nations, growing penetration of washing machines, increase in the spending by the customers, and growing fundamentals among the masses.

On the other hand, there are factors that may hamper the growth of the market including low durability of organic detergents, harmful effects of constituents used in laundry detergents on skin, increasing competition between global and regional companies, and continuously fluctuating price of raw materials.

Laundry Detergents Market could be explored by product type, application, sale channel, and geography. The key product type in the Laundry Detergents Market include Powder Detergents, Liquid Detergents, Detergent Tablets, Fabric Softeners, and Others. The “Powder Detergents” segment led the Laundry Detergents Market in 2017 and is anticipated to maintain its dominance by 2022 due to a huge population is based in rural parts and selection of powder-based products over the other products, and consumers’ preference for economical products. “Powder Detergents” segment is followed by “Liquid Detergent” segment. 

The Laundry Detergents Market by application could span Industrial or Institutional, and Household. The “Household” segment led the Laundry Detergents Market in 2017 and is anticipated to maintain its dominance by 2022 owing to increasing saturation of washing machines in emerging economies. The Laundry Detergents Market could be explored based on sale channel as Drugstores and pharmacies, Hypermarkets and supermarkets, and Convenience stores.

Asia-Pacific accounted for the major share of the Laundry Detergents Market Size in 2017 and will remain to lead in the forthcoming period. The factors that could be attributed to the development include increased competition owing to increasing acceptance of regional brands, and growing prominence of regional brands in rural India, emerging economies, mounting disposable income of the population, wider customer base, and enhanced standard of living. Countries including China, and India have been recognized as the important contributors to the market growth.   

Some of the key players that fuel the growth of the Laundry Detergents Market comprise Johnson & Son, Inc., BASF SE, AkzoNobel, DuPont, Unilever, Lion Group, The Dow Chemical Company, Henkel AG, Church & Dwight Co., Inc., Procter & Gamble, and Amway. The leading companies are taking up partnerships, and joint ventures in order to boost the inorganic growth of the industry.

The global market for laundry detergent will grow at a CAGR of 3.5% by 2022, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (household, accommodation & catering, hospital, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the laundry detergent market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the laundry detergent market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the laundry detergent market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global laundry detergent market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the household, accommodation & catering, hospital, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global laundry detergent market.

Key Applications
- Household
- Accommodation & Catering
- Hospital

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- Bluemoon
- Church & Dwight
- Henkel
- Liby Group
- Nice Group
- Procter & Gamble
- Unilever
- request free sample to get a complete list of companies

Key Questions Answered in this Report
- What will the market size be in 2022?
- What are the key factors driving the global laundry detergent market?
- What are the challenges to market growth?
- Who are the key players in the laundry detergent market?
- What are the market opportunities and threats faced by the key players?