Global Laundry Detergent Market to 2027
Global Laundry Detergent Market to 2027
Market Overview
Laundry detergents are chemically different from soaps that can emulsify oils also act as wetting agent. These are manufactured from zeolites, soaps, complexation agent, bleach and other enzymes. These are available in various types such as Laundry Liquid, Detergent Powder, Fabric Softener, and Others. They are mixture of chemical compound that include alkyl benzensulfonates.
Market Drivers
Increase in laundry detergent in laundry as well as hospitality, and textile industry is the key driving factor which is expected to boost the global laundry detergent market growth. Furthermore, rise in prevalence of COVID 19 crisis will have the positive impact on global laundry detergent market growth. This pandemic led to substantial growth of cleaning and hygiene products. Furthermore, increase in number of washing machines in developing countries as well as technological advancements will fuel the market growth. In addition to that, rise in prominence of e-commerce will propel the product growth due easy accessibility and convenience.
Market Restraints
However, high price of laundry detergent as compared to other detergent is the restraining factor which is expected to hamper the global laundry detergent market growth. Also, low degradability of detergent will affect the market growth.
Market Segmentation
Global Laundry Detergent Market is segmented into product type such as Laundry Liquid, Detergent Powder, Fabric Softener, and Others, by application such as Home Use, and Commercial Use. Further, market is segmented into distribution channel such as Online Retail Stores, and Offline Retail Stores.
Also, market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as MUKUNGHWA, Dong Bang Co.Ltd, Baby and Basic, CJ Lion Corporation, Pigeon Corporation, Aekyung Industrial, Henkel, Procter and Gamble, and LG Household & Healthcare Ltd
Market Taxonomy
By Product Type
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