Press Release
Press Release
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
According to a new report by EMR titled, ‘Europe Laundry Detergents Market Report and Forecast 2021-2026', The global laundry detergents industry attained a value of USD 71 billion in 2020, aided by the growth of the Europe laundry detergents market. The Europe laundry detergents market is further expected to grow at a CAGR of 1.1% in the forecast period of 2021-2026 to attain USD 13.17 billion in 2026.
The Europe laundry detergents market is driven by the rising population, along with growing disposable income of the consumers is driving the industry forward. They are used as cleaning agents, and they help get rid of the stains from the fabric. They have a significant role in providing hygiene and securing the cleanliness of an individual.
The market has shown great potential in Europe due to rising health and hygiene awareness. Unilever (NYSE: UN) and Proctor and Gamble (NYSE: PG) are the two of the significant laundry detergents companies in Europe. Unilever recently launched a natural plant-based detergent with a completely recyclable pack as part of its OMO brand. Proctor and Gamble is a crucial player in the laundry detergents market in Europe, accounting for 24% of the overall 2020 net sales of the company. Fabric & Homecare is a significant contributing segment in this market.
Market Analysis by Forms, Types, Applications, and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The Procter & Gamble Company, KGaA, Church & Dwight Co., Inc, Henkel AG & Company, S. C. Johnson & Son, Inc., Unilever, Alticor Inc., The Clorox Company, and Reckitt Benckiser, among other, are the key players in the Europe laundry detergents market as identified by EMR. The comprehensive report looks into their market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions.
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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
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