Global Dry Laundry Detergents Market Overview:
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 rate 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, strains from clothes.
- Increasing trends towards casual business clothing.
- Purchase of detergents based on its quality and company’s reputation.
- Increase in disposable income in emerging economies.
- Increasing demand for concentrated detergents and owing to the high penetration of the company’s brands like Tide and gain.
- The trend of rising demand for eco-friendly products.
- Increasing usage of commonly used solvent in the dry laundry like asperchloroethylene (perc).
- Rising R & D activities to develop safe detergents is expected to provide a new opportunity to the manufacturers.
- The shorter shelf life of dry detergents is the main challenge for this market.
The market is fragmented by many key players who are highly focused on production technologies to improve the efficiency and shelf life.
Some of the key players profiled in the report are 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). The Vendors having a strong hold in the market are Procter & Gamble. Analyst at AMA Research see United States Vendors to retain maximum share of Global Dry Laundry Detergents market by 2025. Considering Market by Distribution Channels, the sub-segment i.e. Supermarket will boost the Dry Laundry Detergents market.
Latest Market Insights:
In April 2018, Henkel has begun selling its Megaperls washing powder in the resulting flexible package called a “Quadro seal bag” that consists of an OPP/PE( Double flexible material) laminate.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Dry Laundry Detergents market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Dry Laundry Detergents market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Dry detergent manufacturers, Independent retailers, Distributors and Suppliers and Government agency.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.