Allied Market Research published a new report, titled, “Laundry Detergent Market by Product Outlook, Component, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020–2027 The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.
The rising demand for laundry detergents from various industries like textile, hotels, restaurants, hospitals, and others fuels the global laundry detergent market.
Along with this, increasing need to keep the clothes neat & clean and hygienic, rapid urbanization, rising disposable income, unique packaging, quality results, economical prices, and fresh fragrance after wash, boosts the sales of the laundry detergents market. Also, with the penetration of e-commerce retails, the online spending of the consumers are rising significantly, which in turn, is propelling the sales of home care products, including laundry detergents.
However, increased availability of counterfeit products, with high prices is affecting the Laundry Detergent market growth for this product and hampering the laundry detergent market. Also, safety issues regarding laundry detergent products restrain the growth of this market.
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Although increasing innovation, development of green laundry detergents, using good quality ingredients in product manufacturing, robust growth of the tourism industry, and the participation of local manufacturers are few opportunities paving growth prospects for the global laundry detergent market.
Regional Analysis – North America (U.S., Canadaand Mexico), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and the Rest of LAMEA)
The key market players profiled in the report include Hindustan Unilever Limited, Church & Dwight Co. Inc., Henkel AG & Co. KGaA, Proctor & Gamble Company, Reckitt Benckiser Group Plc, The Clorox Company, Carroll Company, Kao Corporation, The Colgate-Palmolive Company, The Himalaya Drug Company, and Johnson & JohnsonKey
? Product Outlook
? Distribution Channel
? Departmental Stores
Key Benefits of the Report:
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global laundry detergent market growth scenario.
• This study presents the analytical depiction of the global laundry detergent industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global laundry detergent market share.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed global laundry detergent market analysis based on competitive intensity and how the competition will take shape in coming years.
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