Global High-efficiency Laundry Liquid Detergent Market Growing At A CAGR Of 6.5% From 2018-2025 | Allied Market Research

Published : 3 years ago, on 07/10/2021

Allied Market Research published a new report, titled, ”High-efficiency Laundry Liquid Detergent Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The global high-efficiency laundry liquid detergent industry was projected at $7.01 billion in 2018 and is expected to hit $10.9 billion by 2025, registering a CAGR of 6.5% during 2018–2025. High-efficiency laundry liquid detergent are formulated to be quick-dispersing and low-sudsing to achieve efficient cleaning using high-efficiency washers. These detergents are designed to eliminate odor and freshen & brighten fabrics.

In addition, they hold dyes, dirt, and soil in suspension while operating in low water volumes. The home care industry is evolving constantly in response to changing consumer trends globally. Leading manufacturers in the region are continuously making efforts to develop sustainable, efficient, and innovative high-efficiency laundry liquid detergent products.

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Based on end user, Rising consumer awareness about product and extensive marketing & advertising by leading brands coupled with shifting consumer preference toward liquid based detergents fuel the growth of the segment. The commercial segment, on the other hand, would cite the fastest CAGR of 7.2% during 2018–2025.

Based on distribution channel, the supermarket & hypermarket segment accounted for three-fifths of the total high-efficiency laundry liquid detergent market revenue in 2018 and is projected to rule the roost during the estimated period. This is due to efficient supply chain and streamlined large scale operations which reduces per unit costs.

The online sales channels segment is projected to grow at the fastest CAGR of 8.0% till 2025. Increasing penetration of the Internet coupled with rising number of deliver to doorsteps drive the growth of the segment.

Get detailed COVID-19 impact analysis on the High-efficiency Laundry Liquid Detergent Market: https://www.alliedmarketresearch.com/request-for-customization/5952?reqfor=covid

The Covid-19 pandemic has a vital impact on the growth of the global High-efficiency Laundry Liquid Detergent market and altered several market scenarios. The lockdown across various countries and ban on international travel has disrupted the supply chain and revenue chain. The report includes a thorough analysis of the Covid-19 pandemic on the growth of the global High-efficiency Laundry Liquid Detergent market.

North America held the major share in 2018, generating more than two-fifths of the total high-efficiency laundry liquid detergent market. High penetration of high efficiency washing machines in the region has boosted the growth. Simultaneously, the Asia-Pacific region is anticipated to register the fastest CAGR of 8.9% throughout 2018–2025. Rising urbanization, growing product awareness and omni channel approach by leading market players have resulted in increased demand for high efficiency laundry liquid detergents in the region.

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Some of the key players in the high-efficiency laundry liquid detergent market analysis includes Biokleen, Church & Dwight, Inc., Colgate-Palmolive Company, Ecolab Inc., Henkel AG & Co. KGaA, Procter & Gamble, Reckitt Benckiser Group plc, The Clorox Company, Unilever and Venus Laboratories DBA

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