According to a new report, published by KBV research, The Global Home And Laundry Care Market size is expected to reach $277.4 billion by 2030, rising at a market growth of 6.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 24,866.3 kilo tonnes, experiencing a growth of 8.4% (2019-2022).
The Offline segment is leading the Global Home And Laundry Care Market, by Distribution Channel in 2022; thereby, achieving a market value of $182.8 billion by 2030. Offline sales of home and laundry products continue to be a significant part of the retail landscape despite the growth of e-commerce. Many consumers prefer in-person shopping experiences for a variety of reasons. Traditional brick-and-mortar retail stores, including supermarkets, hypermarkets, department stores, and specialty home and cleaning supply stores, remain key venues for consumers to purchase home and laundry products.
The Household Cleaners segment is registering a CAGR of 6.7% during (2023 - 2030). A wide range of household cleaners at various price points makes these products accessible to consumers with varying budgets. Affordable options contribute to increased adoption. Stringent regulations and safety standards for cleaning products have bolstered consumer confidence in the safety and efficacy of household cleaners, encouraging their use.
The Asia Pacific region dominated the Global Home And Laundry Care Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $104.1 billion by 2030. The Europe region is poised to grow at a CAGR of 5.7% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 5.5% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/home-and-laundry-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 Procter & Gamble Company, BASF SE, Unilever PLC, Bayer AG, Kenra Professional (Henkel AG & Co. KGaA), 3M Company, DuPont de Nemours, Inc., Reckitt Benckiser Group PLC, The Colgate-Palmolive Company and Kao Corporation.
By Distribution Channel (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Type (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
