The Europe Laundry Sanitizer Market would witness market growth of 4.5% CAGR during the forecast period (2021-2027).
The laundry care products market is boosted due to the growing preference of offline channels as the preference of household cleaning products via supermarkets/hypermarkets and convenience stores around the world. On the other hand, online spending by consumers has increased substantially, thereby accelerated the online sales of home care products including laundry care products.
Moreover, the growth of the market would be driven by the increase in inclinations toward laundry care products and the increasing number of infectious diseases. In addition, many leading players operating in the market are introducing laundry sanitizers in various forms of fragrances and qualities, hence unlocking growth prospects for the laundry sanitizer market.
Robust economic development of different countries of this region along with the increasing middle-class population would boost the growth & demand for laundry sanitizer in the European market. The consumption of clothing and household care products is driven by the surge in consumerism. In addition, the demand for laundry sanitizer is further boosted by the thriving hospitality and tourism industry of the region.
The global pandemic has created awareness and demand for cleaning products including laundry sanitizer. As laundry sanitizer helps fight bad odor and eliminate germs and bacteria present on the cloths, the product has witnessed massive demand in the past few months. Additionally, the increase in health awareness among the consumer and surge in demand for sustainable products would create new growth avenues for the regional laundry sanitizer market. Therefore, these factors are likely to unlock growth prospects for the players operating in the regional laundry sanitizer market during the forecast period.
The Plain market dominated the Russia Laundry Sanitizer Market by Type in 2020, thereby, achieving a market value of $1940.4 Thousands by 2027. The Scented market is expected to witness a CAGR of 5.8% during (2021 - 2027).
Based on Type, the market is segmented into Plain and Scented. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Laundry Sanitizer Market Size will Hit $47.3 Million by 2027, at a CAGR of 4.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Unilever PLC, The Procter and Gamble Company, Church and Dwight Co., Inc., The Clorox Company, ITC Limited, Spectrum Brands Holdings, Inc. (Pfister), Cosmo Films Ltd., Dabur India Ltd., Reckitt Benckiser Group PLC, and Micro Balance Health Products.
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