Press Release
Press Release
The growth of the Latin America household care market is significantly supported by the growth of the region’s laundry detergent market, which reached a value of nearly USD 12.3 billion in 2023. In Latin America, laundry detergents find their primary application in the household sector, thus, further pushing the growth of the household care market in the region. The powder detergent is the most dominant form of detergent used in Latin America, accounting for 47% of the regional laundry detergent market.
With the economies of major regional markets in Latin America, like Brazil and Argentina, recovering from the economic fall in the recent years, major players are expressing renewed interest in the region by expanding their operations and product portfolios in the region. Leading players in the industry are also investing in expanding and launching sustainable and natural products in Latin America as a part of their corporate social responsibility goals and in response to the rising consumer demand for organic and eco-friendly products. Unilever (NYSE: UL), one of the leading players in the household care in the region, is launching a natural plant-based detergent in a completely recyclable pack as a part of its OMO brand. Other major players are also expanding their market in Latin America. The region accounts for 6% of the global net sales of Procter & Gamble Co (NYSE: PG), another leading player in the household care industry.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major key players in the Latin America household care market includes Unilever, The Procter & Gamble Company, Henkel AG & Co. KGaA, The Clorox Company, SC Johnson, Church & Dwight Co., Inc., and Colgate-Palmolive Company, among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, capacity expansions, and plant turnarounds.
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.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.