A recently published report by Fact.MR offers comprehensive perspective on the global laundry cleaning products market across various regions. Growing need to maintain hygiene and cleanliness in the textile and hospitality industry will impact growth of the global laundry cleaning products market significantly. Laundry cleaning products will witness significant demand among the manufacturers operating in the textile and hospitality industries. The report focuses on detailed insights and research about global laundry cleaning products market for the forecast period, 2017-2022.
The prime focus of Fact.MR’s report is to provide readers with an unbiased and accurate analysis of current market status of sunflower oil, along with future growth estimations. Laundry cleaning products producers, suppliers, and distributors in the global market will benefit from the insights offered in this report. A detailed discussion guide has been formulated in this report, which can attract the interest of top trade magazines and journals related to consumer goods.
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Market Dynamics
Surging need to maintain hygiene and cleanliness in the healthcare and residential industries has revved up demand for laundry cleaning products significantly. Laundry cleaning products represent considerable demand among textile manufacturers to preserve the quality of products, and stop deterioration of textiles. Such factors are likely to impact the global market growth of laundry cleaning products positively through 2022. Hotels will witness considerable growth in demand for laundry cleaning products in order to offer clean pillow covers, towels, bed sheets, and carpets. Increasing need to offer cleanliness and hygienic amenities in the hospitality industry is likely to impact growth of the global market of laundry cleaning products throughout 2022.
Apart from textile and hospitality, the automotive industry will contribute towards the global market growth of laundry cleaning products by 2022 – end. Increasing need to clean the leather automotive seats to avoid bacteria and fungi has further fueled demand for laundry cleaning products in the automotive industry. Such factors are likely to contribute towards the global market growth of laundry cleaning products throughout 2022.
Consumption High in Hospitality Industry
Apart from automotive and textile industry, laundry cleaning products also witness a significant demand in hotels to clean bed sheets, pillow covers and towels. Surge in need to maintain hygiene and offer clean amenities is expected to rev up demand for laundry cleaning products in the hospitality industry significantly. Laundry cleaning products also witness high demand for cleaning carpets in the hospitality industry. Upsurge in demand for laundry cleaning products in the global hospitality industry is expected to contribute towards growth of the global laundry cleaning products market throughout 2022.
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On the other hand, increasing availability of biodegradable products in the market is expected to hinder demand for laundry cleaning products among hospitality and textile manufacturers. High content of inorganic phosphates in the laundry cleaning products effect the environment adversely. Such factors are expected to impact growth of the global laundry cleaning products market negatively during the projected period.
E-Commerce to Register Significant Growth in the Global Market
Detergents among laundry cleaning products is predicted to witness the highest growth in terms of revenue in 2017. Europe is expected to remain the largest market for detergents and conditioner laundry cleaning products in the global market. Detergent laundry cleaning products will represent a value of more than US$ 10,000 Mn by 2022 – end.
Liquid & gel product forms will outsell powder and bar product forms in Europe market. Europe will represent the largest market for liquid & gel product form globally. However, APEJ will register the highest CAGR growth for liquid & gel product form throughout 2022. Powder laundry cleaning products among other forms will represent the highest growth in terms of revenue globally by 2022–end.
E-commerce among other sales channel will register the highest CAGR growth in the global laundry cleaning products market. Laundry cleaning product will witness a significant growth in terms of sales through e-commerce platforms in Latin America. In terms of revenue, grocery stores is expected to represent the highest revenue growth in Europe by 2022–end. Other retail formats will register the highest CAGR growth among other sales channel in APEJ through 2022.
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