North America Laundry Care Market Size, Share & Industry Trends Analysis Report By Product Type (Laundry Detergents, Fabric Softeners & Conditioners, Laundry Aides), By Distribution Channel, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Laundry Care Market would witness market growth of 3.2% CAGR during the forecast period (2022-2028).
Due to the growing population in emerging countries, the market is primarily driven by the rising demand for laundry care products. The availability of a variety of wash & care products encourages customers to spend more on fabric care and cleaning. Consumer awareness of cleanliness and health is a crucial factor driving demand for laundry care products all over the world. Additionally, increased daily use of laundry care products due to necessity, as well as rising consumer preference for eco-friendly and scented laundry care products, will propel the market forward over the forecast period.
The growing demand for sustainable and environmentally friendly laundry care products is likely to open up new chances for this industry, boosting the laundry care market's growth in the future years. The market will be spurred in the near future by the growing importance of healthier lives, as well as increased consumer concerns about health and sanitary living, including germ-free, dust-free, and filth-free clothing.
One of the main drivers for the laundry detergents market in North America over the last few years has been the adoption of a healthier lifestyle combined with an increased concern for hygiene. The well-established real estate sector and household expenditure, as well as the increase in housing units, are some of the major drivers driving up household cleaner sales in the United States. According to 'The World Bank Group,' the United States' final consumption expenditure in 2017 was approximately USD 17 trillion. The industry is being influenced by the increased demand for organic and eco-friendly laundry care products. This promotes different sellers to sell organic and environmentally friendly goods. This demand is likely to boost the market's revenue. Vendors, for example, are constantly releasing goods that contain biodegradable chemicals like coconut oil & mineral-based surfactants, natural washing soda, and plant-based enzymes.
The US market dominated the North America Laundry Care Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $23,348.2 Million by 2028. The Canada market is poised to grow at a CAGR of 5.6% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 4.6% during (2022 - 2028).
Based on Product Type, the market is segmented into Laundry Detergents, Fabric Softeners & Conditioners, Laundry Aides, and Others. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Laundry Care Market is Estimated to reach $126 Billion by 2028, at a CAGR of 3.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Procter and Gamble Company, Unilever PLC, Kao Corporation, Henkel AG & Company, KGaA, The Clorox Company, Reckitt Benckiser Group PLC, The Colgate-Palmolive Company, Church & Dwight Co., Inc., Godrej Consumer Products Ltd., and S. C. Johnson & Son, Inc
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Laundry Detergents
- Fabric Softeners & Conditioners
- Laundry Aides
By Distribution Channel
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- The Procter and Gamble Company
- Unilever PLC
- Kao Corporation
- Henkel AG & Company, KGaA
- The Clorox Company
- Reckitt Benckiser Group PLC
- The Colgate-Palmolive Company
- Church & Dwight Co., Inc.
- Godrej Consumer Products Ltd.
- S. C. Johnson & Son, Inc.
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