Return to: Business NewsSoap & Detergent Market Worth $207.56 Billion By 2025The global soap and detergent market is expected to reach USD 207.56 billion by 2025, according to a new report by Grand View Research, Inc. The rising disposable income and rapid urbanization in developing countries are expected to increase the demand for soaps and detergents. The rising healthcare awareness coupled with government regulations to maintain hygiene and cleanliness in food processing, product manufacturing, and hotel is expected to drive the market growth. Launch of innovative new product is another major factor contributing toward market growth. The demand for highly efficient and anti-allergic cleaning products is growing rapidly. The manufacturers are continuously focusing on innovative product development to cater the unmet needs of their customers. For instance, anti-allergy soaps and natural ingredients containing detergents are heavily adopted by consumers with delicate skin. For PDF sample Copy or More Details please visit link @: https://www.grandviewresearch.com/industry-analysis/soap-detergent-market Further Key Findings From the Report Suggest: • Household detergents segment was the largest revenue generating segment of the market in 2016 due to escalating penetration of washing machines in the emerging economies • Household soaps is estimated to grow at the highest growth rate during the study period owing to rising population and escalating disposable income in developing regions • North America dominated the market in 2016 majorly due to the existence of well-developed economy and large textile industry in this region • The Asia Pacific market is estimated to grow at the highest rate during the forecast period. Rising number population and developing economies including India, China, and Indonesia, are major factors contributing to growth in this region • Some of the major players are Colgate-Palmolive Company; Unilever; Church & Dwight Co.; Ecolab Inc.; Procter & Gamble; Henkel AG & Co. KGaA; Lion Corp.; The Clorox Company; Reckitt Benckiser Group PLC To request research report sample copy with TOC please visit @: https://www.grandviewresearch.com/industry-analysis/soap-detergent-market/request/rs1 Grand View Research has segmented the global soap and detergent market on the basis of product and region: Soap & Detergent Product Outlook (Revenue, USD Billion; 2014 - 2025) • Household detergents • Industrial soaps & detergents • Household soaps • Others Soap & Detergent Soap & Detergent Regional Outlook (Revenue, USD Billion; 2014 - 2025) • North America o U.S. o Canada • Europe o Germany o UK o France o Italy o Spain • Asia Pacific o Japan o China o India • RoW For Inquire before buying please visit @: https://www.grandviewresearch.com/inquiry/4937/ibb About Grand View Research Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunit ... News Release: Soap & Detergent Market Worth $207.56 Billion By 2025 Submitted on: August 10, 2020 10:24:14 AM Submitted by: sitakant On behalf of: exactrelease.com |