Dry Laundry Detergents Market Scope
The Global Dry Laundry Detergent is expected to witness growth as it is in high demand from Hotels, Hospitals, and Restaurants. Factors like high disposable income and improving rates of employment countries in emerging countries are projected to boost the market of dry laundry detergents. Dry Laundry detergents are the products that are used in dry cleaning of clothes using a chemical solvent. These are a mixture of a chemical compound that helps in removing oil, grease, dirt, soil, and strains from clothes.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | BASF SE (United States), The Dow Chemical Company (United States), Unilever (U.K), DuPont (United States), AkzoNobel (Netherlands), Amway (United States), Church & Dwight Co., Inc. (United States), Henkel AG (Germany) and Procter & Gamble (United States) |
CAGR | % |
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product.The Vendors having a strong hold in the market are Procter & Gamble. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Dry Laundry Detergents market throughout the predicted period.
BASF SE (United States), The Dow Chemical Company (United States), Unilever (U.K), DuPont (United States), AkzoNobel (Netherlands), Amway (United States), Church & Dwight Co., Inc. (United States), Henkel AG (Germany) and Procter & Gamble (United States) are some of the key players that are part of study coverage.
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 Dry Laundry Detergents market by Type , by Application (Household and Industrial) and Region with country level break-up. On the basis of Type, Powder detergent are dominating the market in the year 2022
On the basis of geography, the market of Dry Laundry Detergents 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). North America region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In November 2023, Seventh Generation, a leading brand in eco-friendly cleaning products, launched plant-based dry laundry detergent sheets. These sheets are formulated with natural ingredients and come in dissolvable packaging, making them a more sustainable option for consumers.
In November 2023, German consumer goods giant Henkel announced the acquisition of The Laundry Gallery, a US-based online retailer specializing in eco-friendly laundry care products. This move strengthens Henkel's presence in the growing sustainable laundry detergent segment.
Influencing Trend:
Increasing demand for concentrated detergents and owing to the high penetration of the company’s brands like Tide and gain. and The trend of rising demand for eco-friendly products.
Market Growth Drivers:
Increasing trends towards casual business clothing., Purchase of detergents based on their quality and the company’s reputation. and Increase in disposable income in emerging economies.
Challenges:
The shorter shelf life of dry detergents is the main challenge for this market
Restraints:
Increasing usage of commonly used solvents in the dry laundry like as perchloroethylene (perc).
Opportunities:
Rising R&D activities to develop safe detergents are expected to provide a new opportunity to the manufacturers.
Key Target Audience
Dry detergent manufacturers, Independent retailers, Distributors and Suppliers and Government agency