Liquid laundry detergent Market Global Updates, Size, Share Estimation to 2027.
The Liquid
Laundry Detergent Market growth will exhibit a CAGR of 5.8% and and
reach USD 33.24 billion by 2027. The forecast period is set from 2020-2027” and the
market Size stood as per 2019
was USD 21.25 billion.
Fortune Business Insights™ published a
premium research report titled, “Liquid Laundry Detergent Market Size, Share & Industry
Analysis, By Application (Household, and Industrial & Institutional,
{Laundry & Dry Cleaning Service, Hotel & Other Lodging, Healthcare,
Textile Industry, and Others}), and Regional Forecast, 2020-2027” .” offers a detailed analysis of the market and throws light on major
industry developments.
The
Liquid
Laundry Detergent Market Drivers and Restraints
The
rising necessity for washing machines in the residential sector is a key factor
driving the market. The growing demand for fully automatic washing machine
owing to its user-friendliness and low time consumption time will subsequently
aid the expansion of the market during the forecast period. The ability to both
wash and whirl in fully automatic washing machines along with being
eco-friendly will promote its use, which, in turn, will foster the growth of
the market. The evolvement from semi-automatic to fully automatic washing
machine owing to its capacity to offer efficient and stain removal operations
will have a positive impact on the market. The growing popularity of automatic
machines in the household and the residential sector will drive the market.
Moreover, the increased spending on household accessories and machines will
consequently boost the market in the foreseeable future. In addition, the
introduction of innovative products by major brands will spur opportunities for
the market in the forthcoming years. The new concentrated liquid laundry detergent market share is the first of Kao's exclusively designed
product series formulated as its key ingredient.
List of the Key Companies Profiled in the Liquid Laundry Detergent
Market Research Report are:
- Procter & Gamble (U.S.)
- Unilever (U.K.)
- Lion Corporation (Japan)
- KAO CORPORATION (Japan)
- Henkel AG & Co. KGaA
(Germany)
- Church & Dwight Co., Inc.
(U.S.)
- Reckitt Benckiser Group plc
(U.K.)
- Wipro Consumer Care and Lighting
(India)
- Seventh Generation Inc. (U.S.)
- Guangzhou Blue Moon Industrial
Co., Ltd. (China)
- Other Key Players
To gain more insights into the market with a
detailed table of content and figures, Click Here: https://www.fortunebusinessinsights.com/liquid-laundry-detergent-market-102962
Some
of the key industry developments in the Liquid Laundry Detergent Market Include:
September
2018: DuPont
Industrial Biosciences, a leader in biotechnology introduced PREFERENZ, a
detergent Line for liquid laundry. The company plans to enhance its enzyme
portfolio to the next level by launching PREFERENZ P 300, including several
PREFERENZ products, as well as EFFECTENZ and REVITALENZ.
Comments
Post a Comment