According to a new report, published by KBV research, The Global Fabric Wash and Care Market size is expected to reach $175.3 billion by 2030, rising at a market growth of 6.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 26,454.7 Kilo Tonnes experiencing a growth of 6.0% (2019-2022).
The Specialty Stores segment is experiencing a CAGR of 6.4% during (2023 - 2030). Specialty stores in the fabric wash and care market concentrate on offering a carefully curated selection of products. This may include premium or specialized fabric care items, eco-friendly options, or products with unique formulations. Specialty stores often carry premium and specialized fabric care brands that may not be as widely available in mainstream retail outlets. These brands may focus on using unique formulations, sustainable ingredients, or catering to specific consumer preferences.
The Residential segment is generating the highest revenue in the Global Fabric Wash and Care Market, by Application in 2022; thereby, achieving a market value of $65.3 Billion by 2030. Fabric wash and care products clean and maintain clothing, ensuring they remain fresh, stain-free, and comfortable. Laundry detergents remove dirt, stains, and odors, while fabric softeners make clothes softer and reduce static cling. Curtains and drapes accumulate dust and may require occasional cleaning. Fabric care products help to remove dust, dirt, and odors, enhancing the appearance of window treatments.
The Fabric Softener/Conditioner segment is exhibiting a CAGR of 6.3% during (2023 - 2030). The primary function of fabric softeners is to soften textiles, making them more comfortable to wear or use. This is particularly important for towels, bed linens, and clothing. Fabric softeners help reduce static electricity in fabrics, preventing clothes from sticking together or clinging to the body. Many fabric softeners are scented and add a pleasant fragrance to laundry, leaving textiles smelling fresh and clean. Softened fabrics are less prone to wear and tear, helping to extend the lifespan of clothing and household textiles.
The Asia Pacific region dominated the Global Fabric Wash and Care Market, by region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $63.1 Billion by 2030. The Europe market is anticipated to grow a CAGR of 5.9% during (2023 - 2030). Additionally, The North America market would witness a CAGR of 5.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/fabric-wash-and-care-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Colgate-Palmolive Company, Church & Dwight Co., Inc., The Procter and Gamble Company, Henkel AG & Company, KGaA, Reckitt Benckiser Group PLC, Wipro Limited, Seitz GmbH, Unilever PLC, Amway Corporation and The National Detergent Company S.A.O.G.
By Distribution Channel (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Product Type (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
Companies Profiled
Unique Offerings 
