Global Laundry Detergent Market – Industry Analysis and Forecast (2019-2026)

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Global Laundry Detergent Market was valued US$ 140.45 Bn in 2019 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX% during the forecast period.

The Global Liquid Detergent Market holds the potential to reach USD XX Bn. by 2027 during a forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Liquid detergent is a cleaning agent mainly used to wash woolen cloth. However, it is also used for washing glass and crockery utensils. In addition to this, they are widely used in laboratories and washing machines. During the wash, filler material present in the detergent gets deposited on the cloth surface. Liquid detergent does not contain any filler material hence, their popularity is increasing among the couscous populace. The market is expected to create lucrative profit opportunities, thanks to the increasing popularity and consumer preference.

The report covers the detailed analysis of the Global Liquid Detergent industry with the classifications of the market on the type, end-use, distribution channel, application, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.

The report has profiled sixteen key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The production environment in each region is different and focus is given on the regional impact on the cost of production, supply chain, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in APAC region. The major countries' policies about production and its impact on market demand are covered in the report.
Global Liquid Detergent Market Dynamics

Increasing use of washing machines is driving the market

Liquid detergents are highly compatible with washing machines. The increasing use of washing machines in emerging countries across the world is driving market growth. The suitability of liquid detergent for different applications like automobiles, cloth, and utensil wash is expected to positively influence the market over the forecast period.

Growing urbanization and changing lifestyle of the populace are expected to accelerate market growth during the forecast period. Different promotional strategies adopted by the manufacturers to increase the awareness of their product are expected to boost the market demand during the forecast period. Increasing disposable income in emerging countries is also one of the supporting factors for the market.

The developing e-commerce sector has propelled liquid detergent sales, thanks to the discounts and convenience provided by the e-commerce websites. The increasing population in developing countries is expected to positively influence the market during the forecast period. The increasing use of liquid detergent for commercial and household applications is expected to boost the market demand during the forecast period.

The presence of substitutes for the liquid detergent is expected to hinder the market growth

The availability of a wide range of substitutes for liquid detergent is expected to hinder the market growth over the forecast period. In addition to this, liquid detergent is expensive as compared to the other substitutes, which is a restraining factor for the market.

The increasing popularity of eco-friendly liquid detergents is expected to create new opportunities

The shifting focus of manufacturers towards the production of eco-friendly liquid detergents is expected to create lucrative opportunities for the market over the forecast period. In addition to this, increasing promotions of liquid detergents on different social media platforms is also expected to generate new prospects for the market over the forecast period. Liquid detergents with a wide range of fragrances are expected to create new possibilities for market growth.
Scope of Global Liquid Detergent Market: Inquire before buying

The market is divided into five main segments and further into sub-segments to forecast the market size by value.
Global Liquid Detergent Market, by Type

• Organic Liquid Detergent
• Inorganic Liquid Detergent

Global Liquid Detergent Market

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The inorganic liquid detergent segment has commanded the largest market share of XX% in 2019.

Inorganic liquid detergents are already in high demand among the populace. They are cost-effective as compared to organic liquid detergents. The availability of a wide range of inorganic liquid detergents is expected to drive the segment growth during the forecast period. However, Organic liquid detergents are expected to experience the highest growth of XX% CAGR over the forecast period. Thanks to the increasing demand for eco-friendly liquid detergent and growing health concerns among the populace.
Global Liquid Detergent Market, by End-Use

• Residential
• Commercial

Global Liquid Detergent Market1

The residential segment is expected to command the largest market share of XX% by 2027.

The increasing penetration of washing machines in the residential segment is expected to drive the segment growth over the forecast period. Increasing demand for eco-friendly detergents because of rising health concerns among the populace is expected to propel the segment growth.

The suitability of liquid detergent for different residential applications is expected to influence the segment growth over the forecast period. The commercial segment is also expected to experience significant growth during the forecast period, thanks to the increasing use of liquid detergents for commercial applications like automobile wash.
Global Liquid Detergent Market, by Distribution Channel

• Online Channel
• Supermarkets
• Departmental Stores
• Convenience Stores.

Online Channel Segment is expected to command the largest market share of XX% by 2027

The developing E-commerce sector has created lucrative opportunities for the manufacturers to promote their liquid detergent products. Almost all the manufacturers have their websites for the selling and promotion of the product. However, few manufacturers are outsourcing their products to popular e-commerce platforms. Some of the e-commerce platforms preferred by the manufacturers include Amazon, Alibaba, Walmart, and others. Populace prefers online shopping thanks to the convenience and ease provided by these e-commerce platforms.
Global Liquid Detergent Market, by Application

• Laundry
• Dish Washing

Both laundry and dishwashing segments are expected to register significant growth during the forecast period. Thanks to the increasing use of liquid detergent in residential applications. As it is a strong cleaning agent liquid detergent is highly effective for both segments.
Global Liquid Detergent Market, by Region

• North America
• Europe
• Asia-Pacific
• Middle East Africa
• South America

North America is expected to command the largest market share of XX% by 2027

North America has commanded the largest market share of XX% in 2019 and is expected to continue its dominance over the forecast period. High demand for washing machines in North America is driving the market. The presence of prominent key players in the region is the supporting factor for the market.

Preference of the populace for online distribution channels to buy household products is expected to propel the market growth during the forecast period. Wealthy lifestyle and growing disposable income are some of the factors behind the market growth in the region. The growing popularity of organic liquid detergents and growing awareness regarding their benefits is expected to boost the market growth in the region over the forecast period.

Asia Pacific is expected to register the highest growth of XX% CAGR over the forecast period, thanks to the growing urbanization, changing lifestyle of the populace, developing e-commerce sector, and rising middle-class population in the region.

Global Liquid Detergent Market2
Covid-19 Impact on the Global Liquid Detergent Market:

• The coronavirus pandemic has placed tremendous pressure on businesses and sectors across the globe. Governments from all countries have introduced a lock-up to detect the transmission of infectious diseases. The contribution of these regulations has created a negative impact on the detergent industry.

• The coronavirus adversely impacted the Liquid Detergent market. Restriction on public transportation and the disruption caused by the lockdown would harm the market. Most of the sectors are not functioning properly due to the influence of Covid-19 which has caused an adverse impact on the Global Liquid Detergent Market.

The objective of the report is to present a comprehensive analysis of the Global Liquid Detergent Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Liquid Detergent Market dynamics, structure by analyzing the market segments and project the Global Liquid Detergent Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Liquid Detergent Market make the report investor’s guide.

 

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Global Liquid Detergent Market Key Players

• Henkel Company KGaA
• Church and Dwight Company
• The Clorox Company
• Unilever Plc
• Procter and Gamble
• Amway India Enterprises Pvt. Ltd.
• Reckitt Benckiser Group plc.
• Colgate-Palmolive Company
• GODREJ GENTEEL
• UMC Mills Private Limited.
• Blue Chem India
• ACURO ORGANICS LIMITED
• Ganpati Detergents
• Sun Chemicals
• Neerava Hygiene Products Private Limited
• Sri Sakthy Acids And Chemicals.
Global Liquid Detergent Market, by Type

• Organic Liquid Detergent
• Inorganic Liquid Detergent
Global Liquid Detergent Market, by End-Use

• Residential
• Commercial
Global Liquid Detergent Market, by Distribution Channel

• Online Channel
• Supermarkets
• Departmental Stores
• Convenience Stores
Global Liquid Detergent Market, by Application

• Laundry
• Dish Washing
Global Liquid Detergent Market, by Region

• Asia-Pacific
• North America
• Europe
• South America
• Middle East Africa
Key Players Operating in the Global Liquid Detergent Market

• Henkel Company KGaA
• Church and Dwight Company
• The Clorox Company
• Unilever Plc
• Procter and Gamble
• Amway India Enterprises Pvt. Ltd.
• Reckitt Benckiser Group plc.
• Colgate-Palmolive Company
• GODREJ GENTEEL
• UMC Mills Private Limited.
• Blue Chem India
• ACURO ORGANICS LIMITED
• Ganpati Detergents
• Sun Chemicals
• Neerava Hygiene Products Private Limited
• Sri Sakthy Acids And Chemicals.

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