LONDON--(BUSINESS WIRE)--The global laundry care products market is poised to grow by USD 26.91 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. Request Free Sample Pages
Read the 155-page research report with TOC on "Laundry Care Products Market Analysis Report by Product (Laundry detergent, Fabric softener, and Others) Distribution channel (Offline and Online), by Geography (APAC, Europe, MEA, North America, and South America), and Segment Forecasts, 2020-2024."
The rapid demand for laundry services and increased adoption of dryer sheets are factors anticipated to boost the growth of the market.
The demand for laundry services is increasing due to continuous growth of the tourism sector and construction of new hotels and resorts. The purchase of laundry care products such as fabric conditioners and detergents are also increasing for laundry service use in salons, spas, research centers, laboratories, army, restaurants, pubs, and bars. A wide range of product options are available in the market for consumers due to the presence of many laundry service providers. Furthermore, these companies offer customers with additional benefits such as consumer loyalty rewards, online payment, and instant pickup. This drives the purchase volume of laundry care products, which is expected to drive market growth during the forecast period.
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Major Five Laundry Care Products Market Companies:
Church & Dwight Co. Inc.
Church & Dwight Co. Inc. is headquartered in the US and operates the business under various segments such as Consumer Domestic, Consumer International, and SPD. The company offers ARM & HAMMER Clean Burst and ARM & HAMMER Powder Laundry Detergent.
Colgate-Palmolive Co. is headquartered in the US and offers products through the following business units: Oral, Personal, and Home Care and Pet Nutrition. The company offers Fluffy Concentrate Divine Blends and Fluffy Concentrate Fragrance Temptations.
Henkel AG & Co. KGaA
Henkel AG & Co. KGaA is headquartered in Germany and operates under various business segments, namely Adhesives for Consumers, Craftsmen, and Building, Industrial Adhesives, Beauty Care, and Laundry & Home Care. The company offers Persil ProClean Discs and Persil ProClean Stain Fighter.
Kao Corp. is headquartered in Japan and offers products through the following business segments: Cosmetics Business, Skin Care and Hair Care Business, Human Health Care Business, Fabric and Home Care Business, and Chemical Business. The company offers Attack ZERO and KAO Laundry Detergent Liquid Gel.
Reckitt Benckiser Group Plc
Reckitt Benckiser Group Plc is headquartered in the UK and offers products through the following business segments: Health and Hygiene Home. The company offers a wide range of laundry care products through its brand, Woolite.
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Laundry Care Products Distribution Channel Outlook (Revenue, USD Million, 2020-2024)
Laundry Care Products Regional Outlook (Revenue, USD Million, 2020-2024)
- North America
- South America
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