According to the latest report by IMARC Group, titled “Home Care Market Analysis: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global home care market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global home care market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.
Home care products are used for sanitizing and keeping homes more hygienic. They include a wide range of products such as air care, dishwashing, bleach, insecticides, laundry care, surface care and bathroom care that help control allergens and disinfect bacteria. At present, there has been an increasing demand for health care products across the globe due to the recent outbreak of the coronavirus (COVID-19) pandemic and the consequent adoption of hygienic practices among the masses.
Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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Home Care Market Trends and Drivers:
The market is primarily driven by the escalating demand for home care products to maintain a disease-free environment in residential and commercial spaces. In addition, the escalating demand for organic home care products to reduce the risk of indoor air pollution represents another major growth-inducing factor.
Besides this, the leading market players are introducing innovative product variants with attractive fragrances, inclusive prices, and high efficiency. This, coupled with the easy product availability on e-commerce platforms with attractive discounts is also propelling market growth. Furthermore, the increasing population and rising purchasing power of individuals in emerging economies are creating a favorable market outlook.
Global Home Care Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these top key players include:
- Alicorp SAA
- Church & Dwight Co. Inc.
- Henkel AG & Co. KGaA
- Kao Corporation
- Reckitt Benckiser Group PLC
- S.C. Johnson & Son Inc.
- The Clorox Company
- The Procter & Gamble Company
- Unilever plc.
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The report has segmented the market on the basis of region, product type and distribution channel.
Breakup by Product Type:
- Kitchen Care
- Household Care
- Bathroom Care
- Laundry Care
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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