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North America Laundry Detergents Market is Expected to Grow at a CAGR of 3.1% between 2021 and 2026.

According to a new report by EMR titled, ‘North America Laundry Detergents Market Report and Forecast 2021-2026’, the North America laundry detergents market reached a value of USD 10.8 billion in 2020. The North America market is expected to grow at a CAGR of 3.1% in the forecast period of 2021-2026.

The North America laundry detergents market is growing at a steady rate and is expected to witness an increase of 8% in terms of value between 2021 and 2026. North America is a leading market for laundry detergents. The North America laundry detergent market has shown a constant growth over the last few years and is expected to grow further in the coming few years. The demand for liquid detergents in North America is slightly more than the powdered form of detergent due to its ability to dissolve in water easily. It is also the preferred form due to its superior stain removing capabilities. The demand for enzymatic detergents, on the other hand, in North America is growing much faster than non-enzymatic detergents.

The Proctor & Gamble Company (NYSE: PG), a major key player in the laundry detergents market, accounts for the largest share in the North America laundry detergents market. The company accounts for more than half of the market share by volume. Tide, a leading laundry detergent brand by Procter & Gamble, is one of the most used laundry detergents brands in the United States of America. Other major players like Henkel AG & Company and Church & Dwight also hold significant market shares in the North America laundry detergents market.

Market Analysis by Types, Forms, Applications, and Regions:

  • Laundry detergents can be bifurcated into enzymatic or non-enzymatic types. 
  • By forms, the product can be divided into powder and liquid forms, among others.
  • Laundry detergents find their uses in household and industrial and institutional sectors.
  • The major regional markets for the North America laundry detergents market are the United States of America and Canada.

Key Findings of the Report:

  • The rapid growth of population, especially among the middle class, is leading to the laundry detergents market growth in North America.
  • Rapid urbanisation is changing the lifestyles of people, thus, furthering the demand for laundry detergent.
  • The increasing disposable income of the middle-class population are aiding the growth of the laundry detergents market.
  • Growing consciousness among the population about health and hygiene is further driving the North America laundry detergents market.
  • The expanding FMCG sector in the region is propelling the growth of the laundry detergents market in North America.

Key Offerings of the Report:

  • The EMR report provides an overview of the North America laundry detergents market for the periods (2016-2020) and (2021-2026).
  • The report also gives the price trends of laundry detergents, according to their forms. 
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the types, forms, applications, and regions of laundry detergents in North America.
  • The report provides the global trade data for the year 2020, covering the major exporting and importing countries by value and volume.

The major players in the North America laundry detergents market are The Procter & Gamble Company, Henkel AG & Company, KGaA, Church & Dwight Co., Inc, S. C. Johnson & Son, Inc., Seventh Generation, Inc., Alticor Inc., The Clorox Company, and USA Detergents Manufacturing Inc., among others. The comprehensive report covers their market share, capacity, and latest developments like mergers, acquisitions and investments, capacity expansions, and plant turnarounds.

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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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