San
Francisco, 04 December 2018, The
global soap and detergent market is expected to reach USD
207.56 billion by 2025, according to a new report by Grand View Research, Inc.
The rising disposable income and rapid urbanization in developing countries are
expected to increase the demand for soaps and detergents. The rising healthcare
awareness coupled with government regulations to maintain hygiene and
cleanliness in food processing, product manufacturing, and hotel is expected to
drive the market growth.
Launch of innovative new
product is another major factor contributing toward market growth. The demand
for highly efficient and anti-allergic cleaning products is growing rapidly.
The manufacturers are continuously focusing on innovative product development
to cater the unmet needs of their customers. For instance, anti-allergy soaps
and natural ingredients containing detergents are heavily adopted by consumers
with delicate skin.
Access Full Research
Report On Soap And Detergent Market Analysis:
Further Key Findings From the Report Suggest:
·
Household detergents segment
was the largest revenue generating segment of the market in 2016 due to
escalating penetration of washing machines in the emerging economies
·
Household soaps is estimated to
grow at the highest growth rate during the study period owing to rising
population and escalating disposable income in developing regions
·
North America dominated the
market in 2016 majorly due to the existence of well-developed economy and large
textile industry in this region
·
The Asia Pacific market is
estimated to grow at the highest rate during the forecast period. Rising number
population and developing economies including India, China, and Indonesia, are
major factors contributing to growth in this region
·
Some of the major players are
Colgate-Palmolive Company; Unilever; Church & Dwight Co.; Ecolab Inc.;
Procter & Gamble; Henkel AG & Co. KGaA; Lion Corp.; The Clorox Company;
Reckitt Benckiser Group PLC
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/consumer-goods
Grand View Research has segmented the
global soap and detergent market on the basis of product and region:
Soap & Detergent Product
Outlook (Revenue, USD Billion; 2014 - 2025)
·
Household detergents
·
Industrial soaps &
detergents
·
Household soaps
·
Others
Soap & Detergent Soap &
Detergent Regional Outlook (Revenue, USD Billion; 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
UK
o
France
o
Italy
o
Spain
·
Asia Pacific
o
Japan
o
China
o
India
·
RoW
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-soap-detergent-market
www.grandviewresearch.com/press-release/global-soap-detergent-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
