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High-efficiency Laundry Liquid Detergent Market to Reach $10.9 Bn, Globally, by 2025, at 6.5% CAGR: Allied Market Research

Increasing popularity of high-efficiency washers, rise in need for energy conservation, enforcement of stringent regulations to curb water usage, and upsurge in demand for laundry liquid detergent drive the growth of the global high-efficiency laundry liquid detergent market

Allied_Market_Research

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Allied Market Research

Sep 19, 2019, 09:30 ET

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PORTLAND, Oregon, Sept. 19, 2019 /PRNewswire/ -- Allied Market Research published a report, titled, "High-efficiency Laundry Liquid Detergent Market by End User (Residential and Commercial) and Distribution Channel (Independent Grocery Stores, Supermarket & Hypermarket, Departmental & Convenience Stores, and Online Sales Channels): Global Opportunity Analysis and Industry Forecast, 2018–2025." The report provides a detailed analysis of drivers & opportunities, wavering market trends, competitive market landscape, and market size & estimates. As per the report, 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.

Increasing popularity for high-efficiency washers, rise in need for energy conservation, enforcement of stringent regulations to curb water usage, and upsurge in demand for laundry liquid detergent drive the growth of the global high-efficiency laundry liquid detergent market. On the other hand, high prices of high-efficiency laundry liquid detergent as compared to their counterparts restrain the growth to some extent. However, formulation and introduction of convenient packaging are expected to offer a number of opportunities for the key players in the industry.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5952

The residential segment to lead the trail by 2025-

Based on end user, the residential segment contributed to four-fifths of the total high-efficiency laundry liquid detergent market share in 2018 and is expected to dominate throughout the forecast period. 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. This is attributed to increasing penetration of high efficiency washers to aid growing demand for liquid detergents around the globe.

The supermarket & hypermarket segment garnered the lion's share in 2018-

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. At the same time, 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.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5952

North America to dominate in terms of revenue-

Based on geography, 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.

Key market players-

  • Church & Dwight, Inc.
  • Ecolab Inc.
  • Henkel AG & Co. KGaA,
  • Procter & Gamble,
  • Reckitt Benckiser Group Plc.
  • Venus Laboratories DBA Earth Friendly Products, Inc.
  • Biokleen, Colgate-Palmolive Company
  • The Clorox Company, and Unilever.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

Similar Reports:

Liquid Detergent Market - Global Opportunity Analysis and Industry Forecast, 2018 - 2025 

Vietnam Sanitary Ware & Bathroom Accessories Market - Opportunity Analysis and Industry Forecast, 2018–2025

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected] 
Web: https://www.alliedmarketresearch.com/

SOURCE Allied Market Research

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