Market Summary
Research Methodology on Laundry Detergents Market
The research methodology used for the compilation of the Global Laundry Detergents Market is based on a comprehensive primary and secondary research approach, combined with a market consensus view developed by judiciously analyzing the market through qualitative and quantitative research.
Primary Research
The primary research involves the opinions of industry experts from the laundry detergent market through interviewing them to explore their opinions and views on the current and future developments in the market. The primary research is further supplemented by data collected from the key medium and large players in the market. The interviews conducted to collect the primary data include both desk-based as well as field-based interviews.
Secondary Research
The secondary research includes the financial and economic reports and data related to the laundry detergents market, company reports, private and government websites and publications, statistical databases and several industry whitepapers. The secondary research sources were used to learn more about the strategies being implemented by the industry leaders and gain an in-depth understanding of the market.
Market Estimation
After collecting the secondary data and conducting the primary research, market estimation for the Global Laundry Detergents market was conducted by triangulating the data from different sources and evaluating the market data to accurately size the market. A market evaluation approach including bottom-up and top-down methods is used to derive the market estimations for the Global Laundry Detergents market for the forecast period 2023 to 2030.
Market Forecasting
Market forecasting is conducted using regression analysis and arithmetic calculation models to accurately infer market projections. All the data and information collected are carefully analyzed and the forecasts made are based on realistic market figures.
Data Validation
Data validation involves verifying the market figures and cross-checking the data collected with the help of a panel of experts. The authors also sought the help of focus groups and surveys to reach out to a larger group of opinions and reach a consensus regarding the market numbers. Further, the validation and cross-checking are also done by confirming the figures with the CXOs of leading companies in the market.
Market Size & Forecast
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 73.12 Billion |
| Market Size 2024 | USD 77.14 Billion |
| Market Size 2032 | USD 105.53 Billion |
| Compound Annual Growth Rate (CAGR) | 3.99% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018 & 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Product Type, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, the U.K., Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Procter and gamble, Unilever, Method products PBC, Lion corporation, Kao corporation, Henkel AG corporation KGaA, Church & Dwight Co. Inc., and Reckitt Benckiser Group plc |
| Key Market Opportunities | Technical advancements which have forced people to buy washing machines |
| Key Market Dynamics | Growing Trends and Hype Among People to Live a Better and Healthier Life |
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