Transparency
Market Research’s
market study on the global liquid laundry detergent market presents a
know-how of the market’s progression from 2013 to 2019. The report
analyzes vital market indicators and trends that will influence the
growth of this industry across North America, Europe, Asia Pacific,
and Rest of the World. The report, titled “Liquid
Laundry Detergent Market
- Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2013 – 2019,” is available for sale on the company website.
The
liquid laundry detergent market will experience steadfast growth in
the coming years, says the report. This is mainly due to the easy
handling and low wastage of liquid laundry detergents as compared to
detergent powders. Thus, these products are gaining acceptance and
are increasingly used in place of powder detergents and soaps.
Especially in emerging economies in Asia Pacific, the recently gained
economic prosperity is attracting consumers towards the purchase of
new products, fancy packaging and ease of use are auxiliary reasons
to this.
Manufactured
using a host of ingredients such as bleach, water softeners, and
various enzymes, liquid laundry detergents are primarily used for
residential and commercial laundry needs. The commercial applications
of these products are in the hospitality industry, textile industry,
laundry services, and other uses.
The
flourishing hospitality industry is contributing a significant
revenue to the liquid laundry detergent industry. With hotels of all
sizes and classes running to high occupancy for a major part of the
year, high-volume laundry operations need to be carried out for
washing of bed linens, towels, etc. In modern times, these services
are generally outsourced to third-party cleaning services that
utilize large washers operating on liquid laundry detergents that go
with the technology of the equipment.
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Free Sample Report Copy :
However,
liquid laundry detergents are associated with environmental hazards,
resulting in hampered growth of the market. Nevertheless, with
research underway for the development of biodegradable laundry
detergents, the market will receive a boost.
Currently,
North America is the largest market for liquid laundry detergents,
says the report. However, in the coming years, Asia Pacific will
emerge as a significant market for liquid laundry detergents owing to
increasing consumption. In the Rest of the World region, increasing
demand for liquid laundry detergents from Latin America will result
in steadfast growth of this regional market.
The
Top
Players
that operate in the liquid laundry detergent market are Henkel KGaA,
Procter & Gamble Co., The Clorox Company, The Digital
Corporation, Colgate-Palmolive Company, Reckitt Benckiser Plc.,
Church & Dwight, and Unilever N.V. among others.
About Us :
Transparency Market
Research is a global market intelligence company, providing global
business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking
insight for thousands of decision makers. Our experienced team of
Analysts, Researchers, and Consultants, use proprietary data sources
and various tools and techniques to gather, and analyze information.
Our data repository
is continuously updated and revised by a team of research experts, so
that it always reflects the latest trends and information. With a
broad research and analysis capability, Transparency Market Research
employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business
reports.
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