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Fabric Wash and Care Market

Fabric Wash And Care Market

Fabric Wash And Care Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

189

Base Year:

2022

Date

Nov - 2023

Format:

PDF XLS PPT

Report Code:

VMR-VMR-2021-0884

Segments Covered
  • By Product By Product Detergent, Fabric Softener/Conditioner, Bleach
  • By Application By Application Residential, Hospitality, Healthcare, Aviation, Automotive
  • By Distribution channel By Distribution channel Hypermarkets/Supermarkets, Specialty Stores, Online, Others
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 111.3 Billion
Revenue 2030Revenue 2030: USD 178.91 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 6.1%
Fastest Growing Region Fastest Growing Region (2023 - 2030) North America
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
Fabric Wash And Care Market Share

The global Fabric Wash And Care Market is valued at USD 111.3 Billion in 2022 and is projected to reach a value of USD 178.91 Billion by 2030 at a CAGR (Compound Annual Growth Rate) of 6.1% between 2023 and 2030.

Premium Insights

The growth of the Fabric Wash And Care market is driven by the increasing global population and urbanization, leading to a higher demand for fabric care products as more people adopt modern lifestyles. Another factor is consumer awareness of hygiene and the need for specialized care for different fabrics, which drives the demand for innovative and effective fabric wash solutions. The rise in disposable incomes allows consumers to invest in premium and specialized fabric care products, and the popularity of online shopping and e-commerce makes it easier for consumers to access a wide range of fabric care options. Additionally, the growing focus on environmental consciousness fuels the demand for sustainable and eco-friendly fabric wash products, reflecting a larger shift toward green consumerism.

Fabric Wash And Care Market Size, 2022 To 2030 (USD Billion)

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  • Technological advancements in formulations and washing machines, along with a preference for time-saving solutions, also contribute to the growth of the market
  • Asia Pacific generated more than 35.8% of revenue share in 2022
  • North America is expected to grow at the quickest rate from 2023 to 2030
  • Fabric softener/conditioner segment accounted for the largest market growth of 40.5% in 2022
  • Residential segment accounts for the most significant market share in 2022
  • Hypermarkets/Supermarkets segment lead the market with significant market share in 2022

Economic Insights

The Fabric Wash And Care market is greatly influenced by consumer behavior and economic conditions. Factors like disposable income, urbanization, and lifestyle changes shape market trends. When the economy is doing well, consumers have more confidence and are willing to spend on premium and specialized fabric care products. However, during economic downturns, consumers prioritize essential purchases and look for cost-effective fabric care solutions. Moreover, global supply chain dynamics also impact the market as they affect raw material costs and manufacturing expenses. The growing emphasis on sustainability and eco-friendly products reflects a shift towards conscious consumerism and aligns with broader economic changes.

Report Coverage & Deliverables

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  • Competitor Benchmarking
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  • Market Sentiment Analysis
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Top Market Trends

  • Sustainable and Eco-Friendly Products: As consumers grow more aware of their environmental impact, they are actively looking for fabric wash and care products that consist of natural ingredients and can decompose naturally. As a result, manufacturers are innovating a diverse array of eco-friendly options, including detergents made from plants, formulas that conserve water, and packaging that can be recycled.
  • Specialized Products for Delicate Fabrics: The increasing popularity of delicate fabrics such as athleisure wear and activewear has created a need for specific products that can effectively clean these fabrics without causing any harm. As a result, delicate detergents, fabric refreshers, and wrinkle removers have been developed to meet this demand.
  • Convenient and Time-Saving Solutions: As consumers live hectic lives, they seek fabric wash and care solutions that offer convenience and time efficiency. Consequently, there is a growing demand for products such as pre-portioned detergent pods, laundry boosters, and fabric softeners that can be directly incorporated into the washing machine.
  • Home Fragrance and Sensory Appeal: The usage of fabric wash and care products by consumers has expanded beyond mere cleaning purposes, as they now seek to add fragrance to their clothing and linens. As a result, manufacturers have introduced a variety of scented products, along with those designed to improve the softness and overall comfort of fabrics.
  • The Role of Technology: In the realm of fabric wash and care, technology is becoming more crucial. Manufacturers are utilizing technology to create innovative products, enhance production methods, and elevate consumer satisfaction. This encompasses the integration of artificial intelligence, data analysis, and intelligent packaging.

Market Segmentation

Fabric Wash And Care The global Fabric Wash And Care market can be categorized into Product , Application , Distribution channel, Region. The Fabric Wash And Care market can be categorized into Detergent, Fabric Softener/Conditioner, Bleach based on Product . The Fabric Wash And Care market can be categorized into Residential, Hospitality, Healthcare, Aviation, Automotive based on Application . The Fabric Wash And Care market can be categorized into Hypermarkets/Supermarkets, Specialty Stores, Online, Others based on Distribution channel. The Fabric Wash And Care market can be categorized into North America, Europe, Asia Pacific, Latin America, Middle East & Africa based on Region.

Based on Product

Fabric softener/conditioner size holds the largest share

Fabric softener plays a crucial role in the Fabric Wash And Care market, holding the largest share because the consumers are not just focused on cleanliness, but also on the tactile qualities of their clothes and textiles. It effectively maintains the flexibility and smoothness of materials, preventing wrinkles. Additionally, it minimizes friction between fibers, resulting in diminished static cling and providing protection against clothing damage.

Based on Application

Residential accounts for largest market share

The largest market share in the Fabric Wash And Care market is currently held by residential. Consumers place a high importance on keeping their personal textiles clean and long-lasting. Manufacturers may need to adapt their product offerings to cater specifically to residential needs, such as focusing on user-friendly packaging, effective stain removal, or versatile formulations suitable for various fabrics commonly found in households.

Based on Distribution channel

Hypermarkets/Supermarkets lead the market

Hypermarkets/Supermarkets hold largest market share for Fabric Wash And Care market because consumers prefer to shop in-person and have the ability to physically assess the quality of the products they are buying. Building customer loyalty is essential in these distribution channels, with a strong emphasis on providing authentic merchandise. As purchasing power rises among customers, the market is expected to expand significantly in developing countries.

Based on Region

Asia Pacific will lead the market

The Fabric Wash And Care market in Asia Pacific has the largest market share due to including a growing population, increased disposable incomes, and a heightened awareness of hygiene and fabric care practices. The increase in population has led to an improvement in living standards, particularly in developing economies like India and China. Companies in the market are targeting water-stressed countries such as India, China, and Indonesia by developing fabric cleaning products that conserve water. As customers in the region experience an increase in discretionary income and improvements in their lifestyles, they are increasingly opting for high-quality fabric cleaning products.

Competitive Landscape

The Fabric Wash And Care market is highly competitive, Key players consistently innovate their products, form strategic partnerships, and implement marketing strategies in order to stand out in a crowded market. Established brands rely on their reputation and consumer trust, while new competitors focus on introducing unique formulations, sustainable practices, or specialized product lines to gain an advantage. Collaboration with retailers and e-commerce platforms also contribute to increased accessibility of products. Companies also invest in research and development to meet consumer preferences for eco-friendly and hypoallergenic solutions.

The players in the global Fabric Wash And Care market include Rohit Surfactants Private Limited (RSPL), Reckitt Benckiser Group, SEITZ GMBH, Kao Corporation, Wipro Enterprises Limited, Huntsman International, Church & Dwight, Procter & Gamble, The Clorox Company, Colgate-Palmolive Company, Henkel AG & Co. KGaA, Unilever Group, Nice Group, The National Detergent Company SAOG. among others.

Recent Market Developments

  • Oct 2022: Procter & Gamble's brand Lenor recently introduced three new fabric conditioners that are designed for outdoor use. The company asserts that these products feature their revolutionary Solar Dry technology and are committed to further innovation to attract new customers to the "outdoorable" range.

Segmentation of the Global Fabric Wash And Care Market

Parameter Details
Segments Covered

By Product

  • Detergent
  • Fabric Softener/Conditioner
  • Bleach

By Application

  • Residential
  • Hospitality
  • Healthcare
  • Aviation
  • Automotive

By Distribution channel

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Online
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Rohit Surfactants Private Limited (RSPL)
  • Reckitt Benckiser Group
  • SEITZ GMBH
  • Kao Corporation
  • Wipro Enterprises Limited
  • Huntsman International
  • Church & Dwight
  • Procter & Gamble
  • The Clorox Company
  • Colgate-Palmolive Company
  • Henkel AG & Co. KGaA
  • Unilever Group
  • Nice Group
  • The National Detergent Company SAOG.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis
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FAQ
Frequently Asked Question
  • The global Fabric Wash And Care valued at USD 111.3 Billion in 2022 and is expected to reach USD 178.91 Billion in 2030 growing at a CAGR of 6.1%.

  • The prominent players in the market are Rohit Surfactants Private Limited (RSPL), Reckitt Benckiser Group, SEITZ GMBH, Kao Corporation, Wipro Enterprises Limited, Huntsman International, Church & Dwight, Procter & Gamble, The Clorox Company, Colgate-Palmolive Company, Henkel AG & Co. KGaA, Unilever Group, Nice Group, The National Detergent Company SAOG..

  • The market is project to grow at a CAGR of 6.1% between 2023 and 2030.

  • The driving factors of the Fabric Wash And Care include

    • Rising Disposable Income and lifestyle

  • Asia Pacific was the leading regional segment of the Fabric Wash And Care in 2022.