Laundry Care Market – Description
Laundry care market is changing drastically since past few years as consumers have started finding value in their purchases. With US economy still recovering from economic downturn, many consumers are evaluating their purchasing habits to ensure that they obtain greatest value for their money. Increasing preference for scented laundry care products and allergenic/ green products, and development of new products is gaining consumer acceptance and accelerating the growth of laundry care industry. Most market segments are growing at more than 5% growth rate annually. Detergent liquid – the largest market segment of laundry care industry has undergone double digit growth.
Major Key Players of the Laundry Care Market are:
Procter & Gamble, Unilever, The Clorox Company, The Dial Corporation, Church & Dwight, USA Detergents, Colgate-Palmolive Company Ltd., Reckitt Benckiser Inc., SC Johnson and Son Inc., Orange Glo International, Huish Detergents, and others.
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With recovery from global economic downturn and increasing spending on personal hygiene, there is an increasing demand for laundry care products and this industry is expected to accelerate in developing nations in coming few years due to product innovations and reduction in prices because of increasing competition.
Market Segmentation
Based on Product
- Laundry Detergents
- Fabric Softeners
- Bleach
- Other Specialty Products
- Eco-Friendly Products
This research report analyzes this market based on its market segments and major geographies. This research report provides complete analysis of major market segments, current market trends, factors driving market growth, restraints, industry structure, and market projections for upcoming years. This report also provides analysis of technological improvements in this industry, Porter’s five force model analysis, and complete company profiles of top market players. It provides review of micro and macro factors significant for existing market players and new entrants along with detailed value chain analysis.
Geographies analyzed under this research study are
- North America
- Asia Pacific
- Europe
- Rest of the World
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- What value propositions should businesses aim at while making new research and development funding?
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
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