What is Global Liquid Detergent Market?
The Global Liquid Detergent Market is a vast and dynamic sector that encompasses a wide range of products used in various cleaning applications. These products are primarily used for cleaning purposes and are available in different forms such as liquid, powder, and bars. The market is driven by the increasing demand for these products due to their effectiveness in removing dirt, stains, and grease. The market is also influenced by the growing awareness about hygiene and cleanliness among consumers worldwide. However, the market faces challenges such as the environmental impact of these products and the presence of harmful chemicals. Despite these challenges, the market is expected to grow due to the introduction of eco-friendly and organic products.
Dish-washing Detergent, Laundry Detergent, Others in the Global Liquid Detergent Market:
The Global Liquid Detergent Market is segmented into Dish-washing Detergent, Laundry Detergent, and Others. Dish-washing detergents are used for cleaning dishes and utensils. These products are known for their ability to remove food residues and grease. Laundry detergents are used for washing clothes. They are effective in removing stains and dirt from fabrics. Other types of liquid detergents include those used for cleaning toilets, bathrooms, and other surfaces. These products are known for their disinfecting properties and ability to remove dirt and stains. The market for these products is driven by the increasing demand for effective cleaning solutions in households and commercial establishments. However, the market faces challenges such as the environmental impact of these products and the presence of harmful chemicals. Despite these challenges, the market is expected to grow due to the introduction of eco-friendly and organic products.
Tableware, Clothing, Toilet, Others in the Global Liquid Detergent Market:
The Global Liquid Detergent Market finds its application in various areas such as Tableware, Clothing, Toilet, and Others. In the case of tableware, liquid detergents are used for cleaning dishes and utensils. They are effective in removing food residues and grease. For clothing, liquid detergents are used for washing clothes. They are effective in removing stains and dirt from fabrics. In toilets, these products are used for cleaning and disinfecting purposes. They are known for their ability to remove dirt and stains. Other applications of liquid detergents include cleaning of other surfaces such as floors, walls, and windows. The market for these products is driven by the increasing demand for effective cleaning solutions in households and commercial establishments. However, the market faces challenges such as the environmental impact of these products and the presence of harmful chemicals. Despite these challenges, the market is expected to grow due to the introduction of eco-friendly and organic products.
Global Liquid Detergent Market Outlook:
The Global Liquid Detergent Market, which was valued at US$ 25620 million in 2022, is projected to reach a valuation of US$ 28470 million by 2029. This indicates a Compound Annual Growth Rate (CAGR) of 1.5% during the forecast period from 2023 to 2029. Europe holds the largest share in the market, accounting for about 35% of the total market share. China follows Europe, holding about 24% of the market share. The top three companies in the market hold about 41% of the total market share. This data provides a clear picture of the market dynamics and the competitive landscape of the Global Liquid Detergent Market.
Report Metric | Details |
Report Name | Liquid Detergent Market |
Accounted market size in 2023 | US$ 25620 million |
Forecasted market size in 2030 | US$ 28470 million |
CAGR | 1.5% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | P&G, Unilever, Church & Dwight, Henkel, Clorox, ReckittBenckiser, Kao, Scjohnson, Lion, Colgate, Amway, Phoenix Brand, LIBY Group, Nice Group, Blue Moon, Shanghai White Cat Group, Pangkam, Nafine, Lam Soon (Hong Kong) Limited, Lonkey, Reward Group, Kaimi, Baoding Qilijia Daily Chemical, Beijing Lvsan Chemistry, Jieneng Group, Chengdu Nymph Group, Beijing Yiqing Daily Chemical, Jielushi |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |