The North America Liquid Detergent Market would witness market growth of 5.2% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,663.6 Kilo Tonnes, showcasing a growth of 7.0% (2019-2022).
The market is pivotal in the broader household cleaning industry, serving as a cornerstone for modern laundry care and surface cleaning needs. Liquid detergents have achieved mass ubiquity, becoming essential for household cleaning routines across diverse geographic regions and socio-economic demographics.
Furthermore, this detergent can be used for hand washing clothes. It can be easily diluted in water for hand washing or into the washing machine dispenser for automatic washing cycles. This detergent is effective for spot cleaning and treating stains on clothes and household surfaces. Applying a small amount directly onto the stained area and gently rubbing the detergent helps lift and remove the stain before washing.
According to Statistics Canada, in 2023, there was a notable surge in investment within Canada's building construction sector, which experienced a 2.7% increase, reaching $19.4 billion in October. Furthermore, the construction boom in Canada has also led to an increase in residential construction, including new housing developments, condominiums, and apartment complexes. As new residents move into these properties, there's a surge in demand for household cleaning products, including these detergents, to maintain cleanliness in their living spaces. Therefore, high consumption of consumer goods and expanding construction in the North America region is propelling the growth of the market.
The US market dominated the North America Liquid Detergent Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $12,905.9 million by 2030. The Canada market is experiencing a CAGR of 7.6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.6% during (2023 - 2030).
Free Valuable Insights: The Liquid Detergent Market is Predict to reach USD 50.9 Billion by 2030, at a CAGR of 5.7%
Based on Nature, the market is segmented into Conventional, and Organic. Based on Application, the market is segmented into Laundry, and Dish Washing. Based on End-use, the market is segmented into Residential, and Commercial. Based on Sales Channel, the market is segmented into Supermarket & Hypermarket, Departmental & Convenience Stores, Online Sales Channels, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Nature (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By End-use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Sales Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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