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 Americas is witnessing mild growth, influenced by factors like evolving consumer preferences towards eco-friendly products, increased focus on hygiene, and the rise of convenience-driven solutions for everyday cleaning challenges.
Customer preferences: Consumers in the Americas are increasingly prioritizing sustainability and eco-friendly products in the Home & Laundry Care market, reflecting a broader cultural shift towards environmental consciousness. Additionally, younger demographics, particularly millennials and Gen Z, are driving demand for innovative, multifunctional cleaning solutions that save time and effort. This trend is further influenced by busy lifestyles and the growing importance of hygiene, prompting a preference for products that not only clean effectively but also align with personal values around health and environmental stewardship.
Trends in the market: In the Americas, the Home & Laundry Care market is experiencing a surge in demand for eco-friendly and sustainable products, with consumers increasingly favoring brands that prioritize environmental responsibility. Concurrently, younger generations, particularly millennials and Gen Z, are driving the trend towards innovative, multifunctional cleaning solutions that cater to their busy lifestyles. This shift emphasizes the importance of hygiene while aligning with personal values regarding health and sustainability. As a result, industry stakeholders must adapt by enhancing product offerings and marketing strategies to meet these evolving consumer expectations.
Local special circumstances: In the Americas, the Home & Laundry Care market is shaped by diverse geographical climates and cultural attitudes towards cleanliness and sustainability. For instance, regions with high humidity, like the Southeastern U.S., have heightened demand for mildew-resistant products. In contrast, urban areas prioritize compact and multifunctional solutions due to limited living spaces. Additionally, stringent environmental regulations in states like California foster innovation in eco-friendly formulations, compelling brands to adapt their offerings while resonating with the local values of health and environmental stewardship.
Underlying macroeconomic factors: The Home & Laundry Care market in the Americas is significantly influenced by macroeconomic factors, including consumer spending trends, inflation rates, and the overall economic health of the region. In a robust economy, increased disposable income encourages consumers to invest in premium and eco-friendly cleaning products. Conversely, during economic downturns, budget-conscious shoppers may shift toward value-oriented brands. Additionally, rising awareness of sustainability is prompting companies to innovate, aligning with global trends toward greener alternatives. Fiscal policies that support environmentally-friendly initiatives further drive market growth, as they incentivize brands to develop sustainable solutions that resonate with eco-conscious consumers.
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