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Middle East and Africa Household Care Market to be Aided by the Growth of the Global Market, projected to Grow at a CAGR of 1.5% between 2019 and 2024

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"According to a new report by EMR titled, ‘Middle East and Africa Household Care Market Report and Forecast 2019-2024’, the Middle East and Africa household care market is aided by the growth of the global household care market that reached a value of USD 115 billion in 2018. The global market is further expected to grow in the forecast period of 2019-2024 at a CAGR of 1.5% to attain a value of USD 126 billion by 2024."

The Middle East and Africa household care market is being driven by the growth of the laundry detergent market, which reached nearly USD 7 billion in 2018. The powder detergent is the most used form of detergent in the region. The segment growth is being driven by its cost- effectiveness. The Middle East and Africa is a major emerging market for the overall household care segment. The increased awareness about health and hygiene, especially among the millennials, is driving the household care market further. The expanding market in Africa is a key driver for the growth of the market in the region. The African economy, which is likely to grow by 3.8% in 2019 as compared to 2018, is also pushing the household care market forward.

Africa is a major emerging market for household care segment, which acts as a portfolio expansion platform for leading companies in the household care market. Major key players like Unilever (NYSE: UL) and The Procter & Gamble Company (NYSE: PG) are expanding their product range in Africa due to the growing economy of the country. Sustainable packaging has been a leading goal for the major players in the industry in the recent years in order to tackle the growing pollution. Unilever aims to avoid the use of virgin plastic in its product packaging across the world to prevent environment pollution. The Procter & Gamble Company, similarly, aims to use sustainable packaging in their products, globally, to prevent the environment pollution caused by the use of virgin plastic.

Market Analysis by Products and Regions:

  • Laundry detergents, laundry additives, dishwashing, hard surface cleaners, toilet care, and others are the leading product types in the household care market in the Middle East and Africa. 
  • The major regions for the Middle East and Africa household care market are Saudi Arabia, UAE, Nigeria, South Africa, and others.

Key Findings of the Report:

  • Increasing awareness among people about health and hygiene is driving the market forward.
  • Prospering economies of the countries in the Middle East and Africa is a significant reason for the growth of the regional household care market.
  • The growing purchasing power of people belonging to the middle class and rapid urbanisation are the key reasons for the growth of the household care market in the region.
  • The rising innovations in household care products is pushing the market forward in the Middle East and Africa.
  • The rising enzymatic detergents segment is further pushing the growth of the market as they require less water. 

Key Offerings of the report:

  • The EMR report provides an overview of the Middle East and Africa household care market for the periods (2014-2018) and (2019-2024).
  • The report also offers the historical (2014-2018) and forecasted (2019-2024) markets by value for the product types and regional markets for household care in the Middle East and Africa.

The major key players in the Middle East and Africa household care 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, plant turnarounds, and capacity expansions.

About Us:

EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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"Middle East and Africa Household Care Market: By Products: Laundry Detergents, Laundry Additives, Dishwashing, Hard Surface Cleaners, Toilet Care, Others; By Region: North America, Europe, Asia Pacific, LATAM, Middle East & Africa; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); SWOT Analysis; Middle East and Africa Household Care Market; Value Chain Analysis; Porter’s Five Forces Analysis; Competitive Landscape; News and Developments; Manufacturing Process; Cost Analysis; "

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