Press Release
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
North America Household Care Market to aid the growth of the Global Household Care Market, which is expected to grow at a CAGR of 1.5% between 2022 and 2027
According to a new report by EMR titled, ‘North America Household Care Market Report and Forecast 2022-2027', the North America household care market reached a value of almost USD 8.2 billion in 2020. The North America laundry detergent market is expected to support the growth of the global household care market. The global household care market is projected to grow at a CAGR of 1.5% in the forecast period of 2021-2026 to attain a value of USD 126 billion by 2026.
The North America household care market is propelled by the growing laundry detergent market in the region. The industry can be variously divided into many products; some of them are laundry detergents, laundry additives, dishwashing, hard surface cleaners, toilet care, among others. These are used to clean and polish our household items. The market is significantly dominated by the liquid detergent, which is widely demanded by the consumers. There has also been a rise in demand for eco-friendly products due to growing hygiene awareness.
Procter & Gamble Company (NYSE: PG) and The Clorox Company (NYSE: CLX) are the leading companies in the household care market. In 2020 Procter & Gamble, under its brand Zevo, launched a line of indoor traps and bug sprays which are kid and pet friendly. It is part of the company's initiative to create new products, achieving the commercial success of its Gillette razors and Tide detergent. The brand also offers an ultraviolet light box that lures and traps insects with the help of sticky cartridge. The Clorox Company (NYSE: CLX), another key player, in 2018 introduced Clorox® Disinfecting Bio Stain & Odour Remover. Its function is to clean, disinfect, and deodorize the surfaces. It helps remove the bio-stains, blood, or urine. The market is being aided by the rising hygiene and health consciousness of the consumers in the region.
Market Analysis by Products and Regions:
- The household care industry is divided into various products, i.e., laundry detergents, laundry additives, dishwashing, hard surface cleaners, toilet care, among others.
- The major regional markets in the North America household care industry are USA and Canada.
Key Findings of The Report:
- The growing laundry detergent market in North America is driving the North America household care market.
- The increasing high-income class, along with the rising purchasing power of the consumers, is expected to boost the industry growth.
- The prevalence of e-retail websites is further aiding the growth of the industry.
- The developing innovation and product diversification are providing further impetus for industry growth.
- The rising hygiene and health consciousness of the consumers in the region are further propelling the industry forward.
Key Offerings of the Report:
- The EMR report offers an overview of the North America household care market for the periods (2017-2021) and (2022-2027).
- The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the products and regional markets of household care.
The primary key players in the North America household care market include the Unilever, Henkel Corporation, Reckitt Benckiser, Kao Corporation, The Procter & Gamble Company, The Clorox Company, SC Johnson, Church & Dwight Co., Inc., Colgate-Palmolive Company among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.
*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.
Purchase Options
Call us on
Why Expert Market Research?
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.
Similar Reports
NEWSLETTER