Product Code: 48274
The market for detergents is anticipated to register a CAGR of more than 4%, during the forecast period. The market is driven by the increased availability of shale gas reserves for the production of synthetic detergents. On the flip side, stringent environmental regulations and the negative impact of the COVID-19 outbreak on the market is hindering the growth of the market.
- The detergents market is expected to grow during the forecast period owing to the increasing demand for laundry cleaning products segment.
- Asia-Pacific region is expected to dominate the market across the globe with the largest consumption from countries such as China and India.
Key Market Trends
Laundry Cleaning Products Application to Witness Higher Potential Growth
- Laundry liquids are powerful laundry cleaning products that are applied to stubborn stains prior to washing. These liquids are formulated using a specified surfactant system of naturally derived alkyl or hydroxyalkyl sulphate or sulphonate surfactant and mid-chain branched amine oxide surfactants.
- Laundry liquids are formulated using ingredients, which provide better washing performance without harming the environment. The most common ingredients that are used in making laundry liquids are water, ethoxylated rapeseed methyl esters, potassium soap of coco, sodium citrate, limonene, and citronellol, among others.
- With the technological advancements, the laundry-liquid manufacturers now use a new ingredient, rapeseed oil (non-GMO) that offers benefits with its low foaming properties.
- Foam is detrimental to the washing process and may result in about 50% loss of the washing strength. Laundry liquid is formulated for pre-spraying of stubborn stains on garments. It helps in removing even the toughest stains and offers exceptional cleaning results.
- Liquid laundry detergent is primarily used in cleaning laundry and has two main end-user segments, such as residential and commercial. The commercial applications are in textile industry, hospitality industry, laundry services, and other industries, whereas residential applications include its use in household cleaning. The demand for liquid laundry detergent is growing, owing to the comfort and ease of application and lesser wastage, compared to detergent powders.
- North America is currently the leading region in case of global demand and consumption for laundry liquid detergent. The United States is among the developed markets for household and industrial detergents, and hence, it concentrates on exports. The Middle East is also the emerging market, with the increasing industrial growth and rise in demand.
Asia-Pacific Region to Dominate the Market
- Asia-Pacific is currently the fastest growing market both for household and industrial detergent consumption. India and China are the market leaders, in terms of demand and supply, in Asia-Pacific. The increasing awareness about liquid laundry detergent market and the growth in industrial advancements in these emerging economies are expected to drive the growth of market in Asia-Pacific.
- The continuous growth in population is another factor fueling the demand for personal care, soaps, and detergents in the country, which in turn, is augmenting the detergents market.
- Moreover, China is estimated to continue its dominance during the forecast period, primarily due to the increasing household applications.
- The market for soap, washing powder, and synthetic detergent in China has witnessed growth at an average annual rate of 13.2%, in the past five years, due to the increasing awareness about hygiene and the developments in liquid soap production.
- Furthermore, rapid industrial expansion in the country is leading to the rapid development of synthetic detergents, including laundry detergents and household cleaning detergents.
The detergent market is expected to be partially consolidated, with the top players accounting for a significant share of the market. Key players in the detergents market include Henkel AG & Co. KGaA, Procter & Gamble, Unilever, Kao Corporation, and E.U.D.GROUP, a.s., among others.
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Table of Contents
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
- 4.1 Drivers
- 4.1.1 Increased Production of Shale Gas Reserves
- 4.1.2 Growing Awareness for Cleanliness due to the COVID-19 Outbreak
- 4.1.3 Other Drivers
- 4.2 Restraints
- 4.2.1 Stringent Environmental Regulations
- 4.2.2 Impact of COVID-19 on the Market Studied
- 4.3 Industry Value Chain Analysis
- 4.4 Porters Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5 MARKET SEGMENTATION
- 5.1 Type
- 5.1.1 Anionic Detergents
- 5.1.2 Cationic Detergents
- 5.1.3 Non-ionic Detergents
- 5.1.4 Zwitterionic (Amphoteric) Detergents
- 5.2 Application
- 5.2.1 Laundry Cleaning Products
- 188.8.131.52 Detergent Powder
- 184.108.40.206 Detergent Cake
- 220.127.116.11 Fabric Softener
- 18.104.22.168 Laundry Liquid
- 22.214.171.124 Stain and Odor Eliminator
- 5.2.2 Household Cleaning Products
- 126.96.36.199 Floor Cleaners
- 188.8.131.52 Glass Cleaners
- 184.108.40.206 Toilet Bowl Cleaners
- 220.127.116.11 Wood Cleaners
- 5.2.3 Dishwashing Products
- 18.104.22.168 Dishwasher Liquid
- 22.214.171.124 Dishwasher Powder
- 126.96.36.199 Dishwasher Gel
- 188.8.131.52 Dishwasher Tablets
- 5.2.4 Fuel Additives
- 5.2.5 Biological Reagent
- 5.2.6 Other Applications
- 5.3 Geography
- 5.3.1 Asia-Pacific
- 184.108.40.206 China
- 220.127.116.11 India
- 18.104.22.168 Japan
- 22.214.171.124 South Korea
- 126.96.36.199 Rest of Asia-Pacific
- 5.3.2 North America
- 188.8.131.52 United States
- 184.108.40.206 Canada
- 220.127.116.11 Mexico
- 5.3.3 Europe
- 18.104.22.168 Germany
- 22.214.171.124 United Kingdom
- 126.96.36.199 Italy
- 188.8.131.52 France
- 184.108.40.206 Rest of Europe
- 5.3.4 South America
- 220.127.116.11 Brazil
- 18.104.22.168 Argentina
- 22.214.171.124 Rest of South America
- 5.3.5 Middle-East and Africa
- 126.96.36.199 Saudi Arabia
- 188.8.131.52 South Africa
- 184.108.40.206 Rest of Middle-East and Africa
6 COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share(%)**/Ranking Analysis
- 6.3 Strategies Adopted by Leading Players
- 6.4 Company Profiles
- 6.4.1 Church & Dwight Co., Inc.
- 6.4.2 E.U.D.GROUP, a.s.
- 6.4.3 Guangzhou Liby Group Co., Ltd.
- 6.4.4 Henkel AG & Co. KGaA
- 6.4.5 Johnson & Johnson Private Limited
- 6.4.6 Kao Corporation
- 6.4.7 Lion Corporation
- 6.4.8 Nice Group
- 6.4.9 Procter & Gamble
- 6.4.10 Unilever
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Growing Prominence of Eco-friendly Organic Liquid Detergents
- 7.2 Other Opportunities