According to the research report, the global laundry detergent market size & share was valued at USD 154.34 Billion in 2021 and is expected to reach USD 242.94 Billion By 2029, to grow at a CAGR of 6.3% during the forecast period.

All laundry detergents have a job to do, and that is cleaning the clothes. The cleaning is possible because of surfactants. The name surfactants emerge from surface-active agents, which are a unique chemical structure that permits them to interconnect with two different kinds of surfaces, namely oil and water. The tail of the surfactant molecule is hydrophobic or, in other words, not captivated by water. But it is attracted to dirt and grease. However, the head of the surfactant molecule is hydrophilic, that is, it is attracted to water.

As laundry detergents give out a lot of carbon dioxide, which is harmful to the environment, there are plenty of green options available in the market these days. The majority of detergents marketed as environment friendly don’t involve dyes and perfumes and are normally free from phosphate, biodegradable, and are deprived of animal testing. One eco-conscious alternative is detergents made to work well in water that is cold. Mostly 80-85% of aggregate energy used in washing a load of clothes involves heating up water. Coldwater washing saves energy which can be put to good use like saving on energy bills.

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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)

Important Questions Being Answered by The Market Report

• What is the market size and growth?
• What is the CAGR report of the laundry detergent market?
• Which is the base year calculated in the report?
• Which are the top companies in the laundry detergent market?
• What are the segments of the laundry detergent market?
• What are the key trends?
• Which market holds the maximum market share?

Top Key Market Players

• Unilever
• Procter & Gamble
• Lion Corporation
• Church & Dwight
• Henkel AG & Co. KGaA
• Method Products
• Kao Corporation
• Reckitt Benckiser Group plc
• PBC

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Laundry Detergent Market: Growth Leading Factors

The factors impacting the growth of the laundry detergent market involve growing urbanization, increasing population, creative product launches, increasing penetration of washing machines that are automatic, and growing consumer awareness in context to hygiene. The growing market ventures by the prominent market players accelerated a growing awareness regarding products of the laundry detergent like pods, gels, and liquids amidst the consumers. Consumer’s demand for cleaning clothes with minimal efforts has caused the growth of pods and liquid laundry detergent market as these detergents dissolve easily in the cold water of the washing machine and offer better cleaning with energy consumption that is less.

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Laundry Detergent Market: Report Scope

Laundry Detergent Market: Market Segmentation

• Insights by product, application, and region

Based on product type, the powder segment in the industry dominated the market with 32.0% of the global revenue share due to the strong demand from emerging countries, where a rural population prefers powder-based products over other products. The laundry detergent liquid segment is likely to progress at a higher rate over the market forecast period. This growth can be attributed to increased product adoption in developed economies, benefits such as consumer comfort, convenience, lower manufacturing costs, and the ability to provide higher margins for retailers and wholesalers. Based on application, the household segment is anticipated to dominate the industry with a CAGR of 5.5% over the forecast period owing to the growing penetration of washing machines in developing economies. Moreover, the industrial end-use segment is likely to witness lucrative growth over the forecast period.

The Asia Pacific witnessed the largest market share of 37.7% in 2021. This dominance can be attributed to product awareness and increasing industrial investment in emerging countries, particularly India and China. Then, rising disposable income, rapid urbanization, rise in demand for the washing machine in the region, innovative brand marketing strategies have also contributed to the region’s growth. The rising disposable income in developing countries such as North America and Europe is forging new trends in the industry.

Browse the full “Laundry Detergent Market Share, Size, Trends, Industry Analysis Report, By Product (Natural/Eco-friendly Detergents, Powder, Liquid, Fabric Softeners, Detergent Tablets, Washing Pods); By Application (Household, Industrial); By Region; Segment Forecast, 2022 – 2029” Report at https://www.polarismarketresearch.com/industry-analysis/laundry-detergent-market

Key Highlights of The Report

• The report offers an analysis that is quantitative of the trends of the present market, dynamics, and estimation of the market size.
• Porter’s five forces underscore the influence of buyers and suppliers that enable stakeholders to make business decisions that are profit-oriented and reinforce their network of supplier-buyer
• Deep analysis, market size, and segmentation help to decide existing laundry detergent market opportunities
• The major countries in each region are carved out as per the revenue handout to the market.
• The market player laying segment clears the way for benchmarking and provides a clear comprehension of the prevailing positions of market players.

The market is primarily categorized on the basis of product, application, and region.

Laundry Detergent Market: By Product Outlook

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

Laundry Detergent Market: By Application Outlook

• Household
• Industrial

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