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Global Dishwash Laundry Care Market Size, Share, and Analysis, By Form (Laundry Care, Dishwashing Detergent), By Distribution Channel (Online, Offline), By Application (Residential, Commercial, Store-based, Non-store-based), By Product Type (Acrylics, Vinyl Acetate Polymer, Other), By Product (Liquid, Powder, Gel, Tablets), By Material (Synthetic, Natural) and Regional Forecasts, 2022-2032
Global Dishwash Laundry Care market is valued at USD 80 billion in 2021 and is expected to reach USD 122.8 billion by 2032, increasing at a CAGR of 4% during the forecast period, 2022-2032.
Global Dishwash Laundry Care incudes both the dishwashing and laundry detergent which are used to clean the items related to dishes and fabrics respectively. The are available in several forms like liquid, powder etc. Laundry detergents can also be used to clean household appliances. Dishwashing detergent contain surfactants, which reduce the surface tension of water by allowing to clean the items.
Global Dishwash Laundry Care market is expected to reach USD 122.8 million, growing at a CAGR of 4% during forecast period. The growth in this market can be due to the rising demand for convenience products, growing awareness about hygiene & growing disposable income of people. Laundry care segment is expected to dominate the market during the forecast period owing to the factors like increasing demand from residential users and raising awareness about hygiene. To resolve the issues related to cleaning, several players are focusing on developing gel and liquid based detergent products which is expected to boost the growth of the market.
Global Dishwash Laundry Care Market is classified based on the Distribution Channel into Online, Offline. Offline segment is expected to dominate the Global Dishwash Laundry Care market over the forecast period owing to the presence of supermarkets, specialty stores, hypermarkets, convenience stores which provide several options to choose the products and brands. The offline channel is advantageous in providing various offers at stores to allow purchase of products in bulk at low prices. The increasing income of consumers is leading to expenditure on products and is aiding in growth of market.
Global Dishwash Laundry Care Market is classified based on the Form into Laundry Care, Dishwashing Detergent. Laundry Care segment is expected to dominate the market in the forecast period owing to the preference of customers in purchasing the products related to laundry cautiously to facilitate hygiene and freshness of the fabric. The increased accessibility of natural products related to laundry care items is expected to drive the growth of market in the forecast period.
Rising Awareness on Healthy Living May Aid in the Growth of the Market
The preferences for dishwash and laundry care products with fragrances is growing and the rising health concern of people to maintain sanitary living conditions without the presence of dirt, dust and bacteria in the living area is expected to create demand for dishwash and laundry care products and will aid in the growth of the market. The increase in expenditure on cleaning products like laundry and dishwash detergents is predicted to boost the market growth.
Increasing Demand for Laundry and Dishwashing Agents is Expected to Boost the Growth of Market
The demand for dishwash and laundry care market is increasing from the hospitality sector owing to the rising importance of cleaning goods which exhibit pleasant odour might boost the market growth. The demand for premium laundry and dishwashing detergents is growing due to the awareness about benefits of using eco-friendly laundry & dishwashing detergents is increasing with is expected to boost the market growth.
Rising Environmental Issues by Utilizing the Product May Restrain Market Growth
The surfactants present in detergents biodegrade, causing toxicity and result in environmental issues. The surfactants like Alkylphenol ethoxylates case problem for aquatic life by accumulating in rivers and streams and affecting their endocrine system, which controls the growth, metabolism and reproduction which might restrain the growth of the Global Dishwash Laundry Care market.
Global Dishwash Laundry Care Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Asia Pacific region dominated the Global Dishwash Laundry Care Market in 2021 and is also expected to dominate the same over the forecast period owing to the rising expenditure of customers on laundry and dishwashing products, along with the growing awareness regarding cleanliness & hygiene after the pandemic attack which resulted in the growth of the market. Increasing disposable income and opportunities for new product launches by market players is expected to boost the growth of the market.
The COVID-19 outbreak had resulted in the economic downfall. Several countries had imposed lockdowns and travel bans to control the coronavirus spread. Covid-19 has affected several industries and even led to shutdown of many business activities worldwide. The Covid-19 pandemic had a slight negative impact on the growth of Global Dishwash Laundry Care market due to the increased awareness on maintaining hygienic living conditions.
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
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ATTRIBUTE |
DETAILS |
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Study Period |
2018-2032 |
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Base Year |
2022 |
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Forecast Period |
2022-2032 |
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Historical Period |
2019-2021 |
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Growth Rate |
CAGR of 4% from 2022-2032 |
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Unit |
Value (USD Billion) |
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Segmentation |
Main Segments List |
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Form |
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Distribution Channel |
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Application |
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Product Type |
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Product |
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Material |
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By Region |
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Global Dishwash Laundry Care Market size was estimated at USD 80 billion in 2021 and is expected to reach USD 122.8 billion in 2032.
Global Dishwash Laundry Care incudes both the dishwashing and laundry detergent which are used to clean the items related to dishes and fabrics respectively. The are available in several forms like liquid, powder etc. Laundry detergents can also be used to clean household appliances.
Offline and Laundry Care segment accounted for the largest Global Dishwash Laundry Care market share.
Key players: P&G, Colgate-Palmolive, Unilever, Godrej Consumer Products, Henkel, Reckitt Benckiser, Bombril, Rohit Surfactants, Church & Dwight, Clorox Company, Seventh Generation, Goodmaid Chemicals, McBride, Kao Corporation, SC Johnson & Son and Other Prominent Players are the key players in the Global Dishwash Laundry Care Market.
Rising Awareness on Healthy Living and Increasing Demand for Laundry and Dishwashing Agents are the factors driving the Global Dishwash Laundry Care market.
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