Liquid Detergent Market PPT: Share, Size, Trends, Growth, Demand, Key Players and Forecast Till 2024

Global Liquid Detergent Market Research Report and Forecast

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Global Liquid Detergent Market Overview: IMARC Group’s latest market research report, titles “ Liquid Detergent Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20192024 �, find that the global liquid detergent market reached a value of US$ 25.6 Billion in 2018. Liquid detergent refers to cleaning agent that is used for washing clothes, automobiles and utensils as well as in laboratories for removing trace metal residues. Liquid detergents do not accumulate in fabrics, are pre-dissolved and have strong cleaning capability to pre-treat food, grease and oil stains. With growing concerts about hygiene and cleanliness, their demand and is rising across the globe. Along with this, the increasing prominence of e-commerce industry has escalated their sales, especially among the working consumers, due to their easy accessibility and convenience.

Liquid Detergent Market Trends Manufactures are expanding their product lines by including a varied range of liquid detergents with different fragrances to reach a broader consumer base and increase profitability, Apart from this, they are also focusing on developing innovative packaging designs such as stand-up pouches with carry handle an integrated tap dispenser, and rigid bottles with measuring cap.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Billion US$

in Billion US$

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180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

These products are made from sustainable, plant-derived ingredients which also enhance their softening properties, lessen crumples and prevent fading of color. Looking forward, the market is projected to reach a value of US$ 35.5 Billion by 2024, expanding at CAGR of 5.6% during the forecast period (2019-2024).

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Moreover, rising environmental concerns have prompted them to introduce organic variants which do not contain harsh chemicals o raw materials such as chlorin, phosphates, petrochemicals, animal by products perfumes, gluten, dyes and allergens.

Key Market Segmentation: Market Segmentation by Product • •

Inorganic Liquid Detergent Organic Liquid Detergent

Based on product types, the market has been segmented as organic and inorganic liquid detergents.

Currently, inorganic liquid detergents dominate the market holding the largest share.

Market Segmentation by End-Use • •

Residential Commercial

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On the basics of end uses, the market has been segregated into residential an commercial sectors.

Liquid detergents are mostly used at home to wash c,othes an utensils while in the commercial sector they are utilized to clean cars, laboratory equipment, etc.

For more information, click here: https://www.imarcgroup.com/liquid-detergent-market Market Segmentation by Distribution Channel • • • • •

Supermarkets and Hypermarkets Convenience Stores Departmental Stores Online Stores Others

The market has been classified based on distribution channels into supermarkets and hypermarkets, convenience stores, departmental stores, online and others. Currently, supermarkets and hypermarkets represent the biggest distribution channel.

Market Segmentation by Region

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North America Europe Asia Pacific Latin America Middle East and Africa

Region-wise, North America enjoys the leading position, accounting for the majority of the market share, other major regions include Asia Pacific, Europe, Middle East and Africa, and Latin America.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • •

Henkel & Company KGaA Procter &v Gamble The Clorox Company Church and Dwight Company Unilever Plc

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Dishwashing Detergent Market Report: https://www.imarcgroup.com/prefeasibility-report-dishwashing-detergent-manufacturing-plant Laundry Detergent Market Report: https://www.imarcgroup.com/prefeasibility-report-laundry-detergent-manufacturing-plant

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