Laundry Detergents Market Size, Share, Price, Growth, Report and Outlook 2019-2024

According to a new report by Expert Market Research titled, ‘Global Laundry Detergents Market Report and Forecast 2019-2024‘, the global laundry detergents market reached a value of almost USD 68 billion in 2018. The market is further expected to grow at a CAGR of 4.6% in the forecast period of 2019-2024, to attain USD 89 billion in 2024.

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The global laundry detergents market has a bdemand due to the rising health and hygiene awareness among the consumers. Laundry detergents are cleaning agents which help remove dirt from the fabrics. They play a major role in the hygiene and cleanliness of an individual. There is a range of laundry detergents according to the changing and evolving demands of consumers. The products have been conveniently segregated into bars, powder, liquid, pods, and others.

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The significant growth in household consumption of laundry detergents is a driving force for industry growth. The chief players of laundry detergents are focusing on coming up with eco-friendly laundry products. They are made using biodegradable ingredients like natural washing soda, coconut oil, mineral-based surfactants, and plant-based enzymes. This approach will guide industry growth forward.

Competitive Landscape & Supplier Analysis

1. The Procter & Gamble Company (NYSE: PG) 2. Henkel AG & Company, KGaA (OTCMKTS: HENKY) 3. Church & Dwight Co., Inc (NYSE: CHD) 4. S. C. Johnson & Son, Inc. 5. Seventh Generation, Inc. 6. Alticor Inc. 7. The Clorox Company (NYSE: CLX) 8. USA Detergents Manufacturing Inc. 9. Others

Henkel (OTCMKTS: HENKY) and the Procter & Gamble (NYSE:PG) are the leading companies in the global laundry detergents market. In 2018, Laundry and Homecare segment of Henkel amounted to 32% of the total sales by business unit. This growth has been possible due to businesses strong innovation strategy and increased marketing support in emerging markets. P&G is another key player in the market. P&G’s brand Tide has reinvented its classic liquid detergent with the packaging of new Eco-box made of an ultra-concentrated formula meant for efficient e-commerce purposes.

1 Preface 2 Research Methodology 3 Executive Summary 3.1 Market Overview 3.2 Key Demand Drivers 3.3 Key Players 3.4 Supply Market Changes 4 Global Laundry Detergents Market Outlook 5 Global Laundry Detergents Market 5.1 Global Laundry Detergents Market Analysis 5.1.1 Figure: Global Detergents Historical Market (2014-2018) & Forecast (2019-2024) 5.1.2 Figure: Global Laundry Detergents Historical Market (2014-2018) & Forecast (2019-2024) 5.1.3 Chart: Global Laundry Detergents Market Breakup by Form 5.1.3.1 Powder 5.1.3.2 Liquid 5.1.3.3 Others 5.1.4 Chart: Global Laundry Detergents Market Breakup by Form: Historical Market (2014-2018) & Forecast (2019-2024) 5.1.4.1 Powder 5.1.4.2 Liquid 5.1.4.3 Others 5.1.5 Chart: Global Laundry Detergents Market Breakup by Type 5.1.5.1 Enzymatic 5.1.5.2 Non-Enzymatic 5.1.6 Chart: Global Laundry Detergents Market Breakup by Type: Historical Market (2014-2018) & Forecast (2019-2024) 5.1.6.1 Enzymatic 5.1.6.2 Non-Enzymatic 5.1.7 Chart: Global Laundry Detergents Market Breakup by Application 5.1.7.1 Household 5.1.7.2 Industrial and Institutional 5.1.8 Chart: Global Laundry Detergents Market Breakup by Application: Historical Market (2014-2018) & Forecast (2019-2024) 5.1.8.1 Household 5.1.8.2 Industrial and Institutional 5.1.9 Chart: Global Laundry Detergents Market Breakup by Region 5.1.9.1 North America 5.1.9.2 Europe 5.1.9.3 Asia Pacific 5.1.9.4 LATAM 5.1.9.5 Middle East and Asia 5.1.10 Chart: Global Laundry Detergents Market Breakup by Region: Historical Market (2014-2018) & Forecast (2019-2024) 5.1.10.1 North America 5.1.10.2 Europe 5.1.10.3 Asia Pacific 5.1.10.4 LATAM 5.1.10.5 Middle East and Asia

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