What is Global Fabric Softeners and Conditioners Market?
The Global Fabric Softeners and Conditioners Market is a vast and dynamic sector that encompasses a wide range of products used to enhance the quality of fabrics. These products are designed to make fabrics softer, reduce static cling, and impart a fresh scent. The market includes various types of fabric softeners and conditioners, such as liquid softeners, dryer sheets, and other innovative products. The global market is driven by the increasing demand for these products in both residential and commercial sectors. The market's value was estimated at US$ 15060 million in 2023, and it is projected to reach US$ 18380 million by 2030, growing at a compound annual growth rate (CAGR) of 2.4% during the forecast period from 2024 to 2030.
Liquid, Sheet, Others in the Global Fabric Softeners and Conditioners Market:
The Global Fabric Softeners and Conditioners Market is segmented based on product type into Liquid, Sheet, and Others. Liquid fabric softeners are added to the washing machine during the rinse cycle and are popular for their ease of use and effectiveness in making fabrics softer and reducing static cling. Sheet fabric softeners, on the other hand, are added to the dryer and work by releasing their conditioning properties onto the fabric during the drying cycle. Other types of fabric softeners and conditioners include beads, bars, and sprays, each offering unique benefits and catering to different consumer preferences. The choice of product type depends on various factors such as the type of fabric, the desired level of softness, and the user's personal preference.
Residential, Commercial in the Global Fabric Softeners and Conditioners Market:
The Global Fabric Softeners and Conditioners Market finds its application in both Residential and Commercial sectors. In the residential sector, these products are used in households for laundry purposes. They are used to soften clothes, reduce static cling, and add a fresh scent. The use of fabric softeners and conditioners in the residential sector is driven by the increasing awareness about fabric care and the desire for comfort and freshness. In the commercial sector, these products are used in laundromats, hotels, hospitals, and other establishments that require large-scale laundry operations. The use of fabric softeners and conditioners in the commercial sector is driven by the need for efficient and effective laundry solutions that can handle large volumes of laundry while ensuring fabric quality and longevity.
Global Fabric Softeners and Conditioners Market Outlook:
The market outlook for the Global Fabric Softeners and Conditioners Market is promising. In 2023, the market was valued at US$ 15060 million. With a steady growth rate, it is expected to reach a valuation of US$ 18380 million by 2030. This represents a compound annual growth rate (CAGR) of 2.4% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for fabric softeners and conditioners in both residential and commercial sectors, driven by the growing awareness about fabric care and the desire for comfort and freshness. The market's growth is also supported by the continuous innovation in product offerings, catering to different consumer preferences and needs.
| Report Metric | Details |
| Report Name | Fabric Softeners and Conditioners Market |
| Accounted market size in 2023 | US$ 15060 million |
| Forecasted market size in 2030 | US$ 18380 million |
| CAGR | 2.4% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Reckitt Benckiser Group, Dropps, Unilever, Henkel, Colgate Palmolive, Procter and Gamble, Lion Corporation, Kao Corporation, LG Household and Healthcare, The Sun Products |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
