Definition:
The Home & Laundry Care market covers cleaning products used for private households. This market only takes into account consumable detergents for use in private households (B2C). Auxiliary cleaning equipment (e.g., mops and brooms) are not included. Professional products for industry use or household cleaning services (B2B) have also not been included.
Structure:
Home & Laundry consists of 4 different markets:
Additional Information:
The market comprises revenue, average revenue per capita, sales channel. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). For more information on the displayed data, click the info button on the right side of each box.
Notes: Data shown is using current exchange rates. Data shown does not yet reflect market impacts of Russia-Ukraine war, we are currently working on an update.
Most recent update: Jun 2024
Source: Statista Market Insights
Most recent update: Jun 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Jun 2024
Source: Statista Market Insights
The Home & Laundry Care market in the United States is experiencing mild growth, influenced by factors such as evolving consumer preferences for eco-friendly products, increased focus on hygiene, and the rising demand for convenient cleaning solutions.
Customer preferences: Consumers in the Home & Laundry Care market are increasingly prioritizing eco-friendly and sustainable products, reflecting a broader cultural shift towards environmental responsibility. This trend is particularly pronounced among younger demographics, who often favor brands that align with their values. Additionally, the rise in remote work has led to a heightened focus on home cleanliness and comfort, prompting demand for versatile cleaning solutions that cater to busy lifestyles. Furthermore, the pandemic has intensified the emphasis on hygiene, driving innovation in products that promote safety and cleanliness at home.
Trends in the market: In the United States, the Home & Laundry Care market is experiencing a surge in demand for eco-friendly and sustainable products, as consumers increasingly seek brands that reflect their environmental values. This trend is particularly strong among younger consumers, who prioritize sustainability in their purchasing decisions. Additionally, the rise of remote work has heightened the focus on home cleanliness, driving demand for multi-functional cleaning solutions that fit busy lifestyles. The pandemic has further amplified the importance of hygiene, fostering innovation in products that ensure safety and cleanliness within homes, presenting significant opportunities for industry stakeholders.
Local special circumstances: In the United States, the Home & Laundry Care market is shaped by diverse regional preferences and environmental regulations that influence consumer choices. The West Coast, for example, exhibits a strong inclination towards zero-waste products, driven by cultural values emphasizing sustainability. Meanwhile, the Northeast's stringent regulations on chemical usage in cleaning products promote the demand for safer, eco-friendly alternatives. Additionally, the rise of e-commerce has transformed how consumers access these products, enabling tailored marketing strategies that resonate with local values and lifestyles.
Underlying macroeconomic factors: The Home & Laundry Care market in the United States is significantly influenced by macroeconomic factors, including consumer spending trends, inflation rates, and shifts in disposable income. As the economy strengthens, households tend to invest more in premium and eco-friendly products, reflecting a growing awareness of sustainability. Conversely, economic downturns may lead to a preference for cost-effective alternatives. Additionally, fiscal policies that encourage green initiatives and tax incentives for sustainable manufacturing are fostering innovation in product development. Global supply chain disruptions also impact product availability and pricing, further shaping consumer choices in this evolving market.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on home and laundry care products. The market encompasses cleaning products designed for private households, including laundry care, household cleaners, dishwashing detergents, and polishes, room scents & insecticides.
Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, international institutions, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and consumer spending. This data helps us estimate the market size for each country individually.
Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, regression analysis and Monte Carlo simulations are particularly suited for forecasting in the Home and Laundry Care market, due to the unpredictable variability and complex dynamics in consumer behavior and product adoption. The main drivers are GDP and consumer spending.
Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice per year in case market dynamics change.
Notes: Based on IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights