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Laundry Detergent Market Insights Focusing on Primary Trends until 2027

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sonali sharma

The global laundry detergent market expected to reach US$ 212.2 billion by 2027 according to a new study by Polaris Market ResearchThe 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); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The laundry detergent industry is projected to grow owing to the growing consciousness of urban consumers towards sanitation and cleanliness, innovation by market players in product formulations, brand marketing, and shift of consumers towards chemical-free laundry cleaners. In emerging countries, low-cost substitute products also favoring laundry detergent industry growth.

 

The global laundry detergent industry is fragmented based on the product, application, and region. In terms of product, the market is segmented into powder, liquid, fabric softeners, tablets, washing pods, and natural/eco-friendly. The application segment is further divided into household, and industrial/institutional.

 

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 accounted for the largest market revenue share in 2019 owing to their growing demand in the developing economies of Asia Pacific and Latin America. In addition, the increasing use of powder detergents for several applications is expected to drive demand.
  • The demand for laundry detergents in household application is expected to witness the highest penetration over the forecast period on account of the increasing use of different types of detergents in washing machines
  • Asia Pacific laundry detergent industry accounted for the largest market revenue share in 2019. The high penetration can be attributed to the presence of key players, strong distribution network, and brand seeking consumers.
  • The major market players operating in the laundry detergent industry include Procter & Gamble, Henkel AG & Co. KGaA, and Unilever. These companies together accounted for a significant market share in 2019 owing to their wide range of product portfolio and global presence.

 

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

 Request For Toc: https://www.polarismarketresearch.com/industry-analysis/laundry-detergent-market/toc

 

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

 

Laundry Detergent, Product Outlook (Revenue – USD Billion, 2016 – 2027)

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

Laundry Detergent, By Application Outlook (Revenue – USD Billion, 2016 – 2027)

  • Household
  • Industrial

Laundry Detergents, Regional Outlook (Revenue – USD Billion, 2016 – 2027)

  • 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
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sonali sharma
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