Fabric Conditioner Market Scope
The global fabric conditioner market is expected to grow at a healthy pace during the forecast period, according to the AMA study. Rising demand from residential sector propelled by increasing penetration of washing machines is expected to be one of the major factors aiding into the growth for the market. However, the market is expected to witness a decline in the growth during FY 2020 but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 202 |
Unit | Value (USD Million) |
Key Companies Profiled | Church & Dwight Co. (United States), Colgate-Palmolive Company (United States), Godrej Consumer Products Limited (India), Henkel AG & Co. KGaA (Germany), Norfil Inc. (canada), Procter & Gamble (United States) and Reckitt Benckiser Group plc (United Kingdom) |
CAGR | % |
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Fabric Conditioner market throughout the predicted period.
Church & Dwight Co. (United States), Colgate-Palmolive Company (United States), Godrej Consumer Products Limited (India), Henkel AG & Co. KGaA (Germany), Norfil Inc. (canada), Procter & Gamble (United States) and Reckitt Benckiser Group plc (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are S. C. Johnson & Son (United States), The Clorox Company (United States) and The Unilever Group (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Fabric Conditioner market by Type , by Application (Residential and Commercial) and Region with country level break-up.
On the basis of geography, the market of Fabric Conditioner has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 202.
Market Leaders and their expansionary development strategies
In October 2023, The Laundress partners with The Ritz-Carlton. This collaboration saw The Laundress' luxury laundry care products offered in-room at select Ritz-Carlton hotels, elevating the guest experience.
In September 2023, The Laundress Delicate Wool & Cashmere Wash. Catering to luxury garment care, The Laundress unveiled a plant-based, pH-balanced formula specifically designed for delicates like wool and cashmere.
Stringent Government Regulations Regarding Lock-Down of Cities & Shutting Down of Operations Across Different Industries Across the World Due to the COVID-19 Pandemic is Impacting the Demand for Fabric Conditioner Market
Influencing Trend:
Growing Adoption of Online Sales Channel
Market Growth Drivers:
Rising Demand from Residential Applications Propelled by Increasing Penetration of Washing Machines and Rising Spendings on Consumer Goods
Challenges:
Disrupted Supply Chain Across the World due to the Pandemic
Restraints:
Lack of Awareness About the Product in the Emerging Markets
Opportunities:
Opportunities in the Asia Pacific Region
Analyst View
Since the COVID-19 virus outbreak in December 2019, the disease has spread to more than 200 countries across the world along with the World Health Organization declaring it a public health emergency. The impact of the COVID-19 has already hit many industries and will affect the fabric conditioner market in FY 2020. The outbreak of COVID-19 has brought effects on many aspects, like scheduled public transportation cancellations; downfall in the real estate sector; travel bans and quarantines; closed operations across hotels & restaurants; banning of public gatherings & events; large slow-down in the supply chain of different markets; stock market unpredictability; declining business assurance, and uncertainty in the future market dynamics.
Key Target Audience
Market Consultancy & Firm, Potential Investors, Government & Regulatory Bodies and Others