DUBLIN--(BUSINESS WIRE)--The "Liquid Detergent Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The market value is projected to reach US$ 33.7 Billion by 2023, expanding at a CAGR of 5.6% during 2018-2023.
Liquid detergent is a cleaning agent in liquid form which is ideal for removing dirt and oils from delicate fabrics. Liquid detergent is made by mixing dry powder in a solution consisting of water and chemicals known as solubilizers which help the water and detergent to blend together evenly. These synthetic surfactants are manufactured from complexation agents, zeolites, bleach, enzymes, etc. Nowadays, liquid detergents are increasingly being used by the consumers as they can be evenly blended in both cold and warm water. The global liquid detergent market reached a value of US$ 24.3 Billion in 2017.
The growing disposable incomes, especially in the developing regions, is escalating the demand for detergent liquid where the customers are inclined to buy products based on a company's reputation, price and quality. Further, the rising concerns about environmental sustainability has led the manufacturers to focus on eco-friendly liquid detergents made from biodegradable components. This acts as another growth-inducing factor for the global liquid detergent market. Moreover, the aggressive marketing and promotional techniques used by various e-commerce companies to attract the consumers is further boosting the overall market growth.
- Henkel & Company KGaA
- Procter & Gamble
- The Clorox Company
- Church and Dwight Company
- Unilever Plc
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Liquid Detergent Market
6 Market Breakup by Product
7 Market Breakup by End-Use
8 Market Breakup by Distribution Channel
9 Market Breakup by Region
10 Liquid Detergent Manufacturing Process
11 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/fnwx9p/global_liquid?w=4