New York, NFAPost: In the changed post COVID-19 business landscape, the global market for Soaps and Detergents estimated at $109.5 million in the year 2022, is projected to reach a revised size of $130.3 billion by 2030, growing at a CAGR of 2.2% over the period 2022-2030.
According to Reportlinker.com report on “Global Soaps and Detergents Industry”, household Detergents, one of the segments analyzed in the report, is projected to record 2.8% CAGR and reach US$68.7 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Industrial Soaps & Detergents segment is readjusted to a revised 1.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $29.8 Billion, While China is Forecast to Grow at 4.9% CAGR
The Soaps and Detergents market in the U.S. is estimated at US$29.8 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$27 Billion by the year 2030 trailing a CAGR of 4.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR.
Select Competitors (Total 233 Featured)
– Amway
– Betco Corporation
– Church & Dwight Co. Inc.
– Colgate-Palmolive Company
– Den-Mat Holdings
– Dial
– Ecolab Inc.
– Ecover
– FROSCH
– Henkel AG & Co KGaA
– James Austin Company
– Johnson & Johnson
– Kutol Products Company
– Lion Corp.
– Nafine Chemical Industry Group Co. Ltd.
– Nice Group
– Oralabs
– Piedmont Chemical Industries
– Procter & Gamble
– Reckitt Benckiser Group plc
– Rose Raining
– Sheffield Pharmaceuticals
– State Industrial Products Corporation
– The Clorox Company
– The Original Bradford Soap Works
– The Sun Products Corporation
– Unilever plc
– US Chemical
– Zep Inc.
