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 Australia & Oceania is witnessing mild growth, influenced by factors such as increasing consumer focus on sustainability, innovative product offerings, and a shift towards convenience-driven cleaning solutions that cater to modern lifestyles.
Customer preferences: Consumers in Australia and Oceania are increasingly prioritizing eco-friendly home and laundry care products, reflecting a broader cultural shift towards sustainability and environmental responsibility. This trend is particularly evident among younger demographics who are more inclined to support brands that adopt green practices. Additionally, busy lifestyles are driving demand for multipurpose cleaning solutions and time-saving products, prompting companies to innovate with convenient formats like pods and sprays that simplify the cleaning process while minimizing waste.
Trends in the market: In Australia and Oceania, the Home and Laundry Care market is increasingly seeing a shift towards eco-friendly products, with consumers prioritizing sustainability and environmental responsibility. This trend is gaining momentum among younger demographics who actively seek out brands that demonstrate green practices. Concurrently, the demand for multipurpose cleaning solutions is rising, as busy lifestyles push consumers to favor time-saving products. This has led companies to innovate with convenient formats such as pods and sprays, which not only enhance user experience but also reduce waste, shaping the future of the industry.
Local special circumstances: In Australia and Oceania, the Home and Laundry Care market is significantly influenced by distinctive geographical and cultural factors. The region's diverse climate conditions, ranging from humid coastal areas to arid interiors, drive the demand for specialized cleaning products tailored to specific environments. Additionally, strong cultural values around sustainability and outdoor lifestyles encourage the adoption of eco-friendly solutions. Regulatory frameworks also play a crucial role, with stringent environmental laws motivating companies to innovate green formulations, ultimately shaping consumer preferences and market offerings.
Underlying macroeconomic factors: The Home and Laundry Care market in Australia and Oceania is significantly influenced by macroeconomic factors such as consumer spending trends, economic stability, and employment rates. As disposable incomes rise, households are more inclined to invest in premium and eco-friendly cleaning products, reflecting a shift towards quality and sustainability. Additionally, fluctuations in global supply chains and raw material costs can impact pricing strategies and product availability. National fiscal policies promoting green initiatives further encourage innovation in eco-conscious formulations, aligning market offerings with consumer preferences and driving overall market growth in the region.
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