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Laundry Care Products Market Trends

  • Report ID: GMI11296
  • Published Date: Sep 2024
  • Report Format: PDF

Laundry Care Products Market Trends

A key trend in the market is the move towards eco-friendly and sustainable solutions. Consumers now want products that are effective and good for the environment. This has increased the demand for detergents and other laundry items made with biodegradable ingredients, less packaging waste, and sustainable production methods. Brands are responding by creating concentrated formulas that need less packaging, using recyclable or biodegradable materials, and adding natural or plant-based ingredients.
 

This trend shows that consumers prefer products that match their values of environmental care and sustainability. Another trend is the growing popularity of multi-functional and specialized laundry products. Consumers want products that do more than just cleaning, such as removing stains, softening fabrics, and controlling odors. New products in the market include detergents that combine several functions in one formula and specialized products for specific fabric types or laundry needs, like hypoallergenic detergents or cold-water formulas. This trend is driven by the desire for convenience and efficiency, helping consumers simplify their laundry routines while getting the best results.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The laundry care products market was valued at USD 102.8 billion in 2023 and is anticipated to register over 5.6% CAGR between 2024 and 2032 owing to the increased awareness about hygiene and cleanliness.

The detergent segment in the market generated over USD 56.9 billion in 2023 and is expected to grow at 5.7% CAGR from 2024-2032 driven by its essential role in household cleaning routines.

Asia Pacific laundry care products market generated a USD 38.2 billion in 2023 and is expected to grow at 6.1% CAGR from 2024-2032 backed by rising urbanization, increasing disposable incomes.

Amway Home, Ariel, Bonux, Breeze, Calgon, Clorox, Comfort, Downy, Gain, OMO, Persil, Sevent Genratio, Silan, Tide, and Woolite

Laundry Care Products Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 83
  • Countries covered: 23
  • Pages: 100
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