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 Austria is witnessing mild growth, influenced by factors such as shifting consumer preferences towards eco-friendly products, increased focus on hygiene, and the convenience of innovative cleaning solutions that enhance everyday living.
Customer preferences: Consumers in Austria are increasingly prioritizing sustainability and environmental responsibility in their home and laundry care choices, driving demand for eco-friendly and biodegradable products. This shift is further amplified by younger demographics, who are more willing to invest in brands that align with their values. Additionally, the rise of urban living is fostering a preference for compact, multifunctional cleaning solutions that cater to smaller living spaces, enhancing convenience and efficiency in daily tasks.
Trends in the market: In Austria, the Home & Laundry Care market is experiencing a significant shift towards eco-friendly and sustainable products, with consumers increasingly favoring brands that prioritize environmental responsibility. This trend is particularly pronounced among younger demographics, who are more inclined to invest in sustainable options that resonate with their values. Additionally, the rise of urban living is leading to a preference for compact, multifunctional cleaning solutions designed for smaller spaces, enhancing convenience and efficiency. These trends present substantial opportunities for industry stakeholders to innovate and align their offerings with evolving consumer demands.
Local special circumstances: In Austria, the Home & Laundry Care market is shaped by a strong emphasis on eco-consciousness, driven by the country’s commitment to sustainability and strict environmental regulations. The Austrian government actively promotes green initiatives, encouraging consumers to opt for products with eco-labels. Culturally, there is a deep-rooted appreciation for quality and local craftsmanship, leading to a preference for brands that offer sustainable, locally-produced options. Additionally, the growing urbanization trend has resulted in smaller living spaces, increasing demand for compact, multifunctional cleaning products that cater to modern lifestyles.
Underlying macroeconomic factors: The Home & Laundry Care market in Austria is significantly influenced by macroeconomic factors such as national economic stability, consumer purchasing power, and environmental fiscal policies. Austria's robust economy, characterized by low unemployment and high GDP per capita, supports consumer spending on premium and eco-friendly products. Furthermore, government incentives for sustainable practices encourage manufacturers to innovate and align with eco-label standards. Global trends, including rising environmental awareness and the impact of climate change, also shape consumer preferences, driving demand for sustainable solutions in home and laundry care. Additionally, inflationary pressures can affect pricing strategies, influencing overall market performance.
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