COVID-19 Recovery Analysis: Laundry Care Market|Product Innovation and Portfolio Extension to Boost the Market Growth

Technavio has been monitoring the laundry care market and it is poised to grow by USD 26.42 bn during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market […]

Technavio has been monitoring the laundry care market and it is poised to grow by USD 26.42 bn during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Laundry Care Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Church & Dwight Co. Inc., Colgate-Palmolive Co., Godrej Consumer Products Ltd., Henkel AG & Co. KGaA, Kao Corp., Reckitt Benckiser Group Plc, S. C. Johnson & Son Inc., The Clorox Co., The Procter & Gamble Co., and Unilever NV are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Product innovation and portfolio extension has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Laundry Care Market 2020-2024: Segmentation

Laundry Care Market is segmented as below:

  • Product

    • Laundry Detergent

    • Fabric Softener

    • Others

  • Distribution Channel

  • Geography

    • APAC

    • North America

    • Europe

    • MEA

    • South America

Laundry Care Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The laundry care market report covers the following areas:

This study identifies the emergence of eco-friendly and sustainable products in laundry care as one of the prime reasons driving the laundry care market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Laundry Care Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist laundry care market growth during the next five years

  • Estimation of the laundry care market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the laundry care market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of laundry care market, vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Market characteristics

Market Sizing

Five Forces Analysis

Market Segmentation by Product

  • Market segments

  • Comparison by Product placement

  • Laundry detergent – Market size and forecast 2019-2024

  • Fabric softener – Market size and forecast 2019-2024

  • Others – Market size and forecast 2019-2024

  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments

  • Comparison by Distribution channel placement

  • Offline distribution channel – Market size and forecast 2019-2024

  • Online distribution channel – Market size and forecast 2019-2024

  • Market opportunity by Distribution channel

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC – Market size and forecast 2019-2024

  • North America – Market size and forecast 2019-2024

  • Europe – Market size and forecast 2019-2024

  • MEA – Market size and forecast 2019-2024

  • South America – Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Volume driver – Demand led growth

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Church & Dwight Co. Inc.

  • Colgate-Palmolive Co.

  • Godrej Consumer Products Ltd.

  • Henkel AG & Co. KGaA

  • Kao Corp.

  • Reckitt Benckiser Group Plc

  • S. C. Johnson & Son Inc.

  • The Clorox Co.

  • The Procter & Gamble Co.

  • Unilever NV

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200923005363/en/

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Jesse Maida
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