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Market Insights Report
The Home & Laundry Care market shows constant growth over the years and consumers spent regularly money on home care items. Overall, the revenue generated in the Home & Laundry Care market in the world is expected to reach US$200.00bn in 2024.It is projected to grow annually by 3.18% (CAGR 2024-2029). This report from the series of Consumer Market Insights reports gives an overview of the Home & Laundry Care market from an international perspective.
What's included?
The Home & Laundry Care market covers cleaning products for private households. The market is divided into four markets: Laundry Care, Household Cleaners, Dishwashing Detergents and Polishes, Room Scents & Insecticides.
This report from the series of Consumer Market Insights reports gives an overview of the Home & Laundry Care market from an international perspective. Besides all relevant market figures like total and per capita revenues for the years from 2018 to 2029, we furthermore give detailed insights into current trends, key players and important background information on the Home & Laundry Care market.The revenue generated in the Home & Laundry Care market in the world is expected to reach US$200.00bn in 2024.
It is projected to grow annually by 3.18% (CAGR 2024-2029). In terms of global comparison, in the United States generates the highest revenue in the Home & Laundry Care market, amounting to US$32,170m in 2023. As there are more and more single households and the users of home and laundry care products have become more diverse, it has become even more important for the industry to target a wide range of audiences with topics like sustainability, concentration, compaction and convenience. With changing consumer perspectives, purchasing decisions are made more consciously than before, while brand and price awareness fade into the background.The Laundry Care segment accounts for the biggest revenue share, representing more than half of total sales, followed by the Household Cleaners segment with US$38 billion. Polishes, Room Scents & Insecticides are the smallest segment of the market.
Note: CAGR: Compound Annual Growth Rate / average growth rate per year
Market Outlook
Market Outlook
We provide information on industries, companies, consumers, trends, countries, and politics, covering the latest and most important issues in a condensed format.
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