Market Research Future (MRFR) has published a cooked research report on the “Fabric softeners Market ”that contains information from 2018 to 2032. The fabric softeners market is estimated to register a CAGR of 4.60% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the Fabric Softeners Market — church & Dwight Co., Inc.Colgate-Palmolive Company. Helen, AG & Co. Algal Household & Health Care LtdMaricoMelaleuca Inc Pigeon CorporationReckitt Benckiser Group PLC C. JOHNSON & SON, INC.
Fabric Softeners Market Highlights
The fabric softeners Market is accounted to register a CAGR 4.60% during the forecast period and is estimated to reach USD XX billion by 2032.
Increased disposable income and willingness to spend on premium items by consumers in developing nations, as well as urbanization, are driving the expansion of several product categories such as fabric, softener, and conditioner. Because the product is well matched to customer requirements, developing economies that confront water quality issues are projected to be at the forefront of market growth over the forecast period. The market's expansion has also been spurred by an increase in the number of working women, urbanization, a busy lifestyle, and an increase in E-commerce activity..
Segment Analysis
The fabric softeners market has been segmented based on nature, product type, end user, and sales channel
On the basis of Nature, the market is segmented into Organic, and Conventional. The organic segment was attributed to holding the largest market share in 2022. This is because of increasing awareness about environmental harm produced by using synthetic products.
Based on product type, the global fabric softeners market has been segmented into liquid, sheets, sprays, tablets, and dryers bars. The liquid segment was expected to hold the largest market share in 2022 because liquid conditioner increases clothing durability.
On the basis of end user, the market is segmented into laundry services, textile industry, household, hospitality industry, and others. The household segment was attributed to holding the largest market share in 2022; this is due to the growing use of washing machine among most households.
Based on Sales Channel, the global fabric softeners market has been segmented into Independent Retailers, Hypermarkets, Multi Brand Stores, Supermarkets, Specialty Retail Stores, Online Sales, Company Website, and 3rd Party Online Sales. The supermarkets segment was expected to hold the largest market share in 2022, this is due to the increasing trend for shopping at one place without any hazel.
Regional Analysis
The global fabric softeners market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe fabric softeners market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The fabric softeners market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World fabric softeners market comprises of Middle East, Africa, and Latin America
In 2022, North America took the lead as the fabric softener market with the biggest revenue share. Because of the region's sizable working population and high disposable income, rising living standards, and the presence of big companies, revenue growth in the North American market is mostly explained by these factors.
Moreover, the Europe market has been persistently growing over the forecast period. The global market for fabric softeners and conditioners is fragmented, with major regional and international competitors, making it competitive. Unilever and Procter & Gamble battle intensely with local and regional players.
Additionally, due to the increasing he Asia-Pacific region has experienced the greatest growth in the fabric softeners and conditioners industry. The region is at the forefront of home care growth, which drives demand for fabric softeners and conditioners. The majority of regional and international firms are involved in launching revolutionary laundry care products in the region.
Furthermore, the rest of the fabric softeners Market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising use The region is at the forefront of home care growth research and development. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.
Key Findings of the Study
- The fabric softeners market is expected to reach USD XX billion by 2032, at a CAGR of 4.60% during the forecast period.
- Asia-Pacific region has experienced the greatest growth in the fabric softeners and conditioners industry. The region is at the forefront of home care growth
- On the basis of product type, in 2022, liquid held more than 35% of the global market share. Softeners are preferred by customers because they prevent clothes from stretching, fading, and gathering fuzz.
Church & Dwight Co., Inc Colgate-Palmolive Company. Helen, AG & Co. Algal Household & Health Care LtdMaricoMelaleuca Inc Pigeon Corporation Reckitt Benckiser Group PLC C. JOHNSON & SON, INC.
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Companies Covered | 15 |
Pages | 128 |
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