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 BRICS is witnessing mild growth, influenced by factors such as urbanization, evolving consumer preferences towards eco-friendly products, and increased household spending on cleaning solutions, reflecting a shift towards enhanced home hygiene.
Customer preferences: Consumers in the BRICS nations are increasingly prioritizing sustainability and eco-friendliness in their home and laundry care products, reflecting a growing awareness of environmental issues. This shift is particularly evident among younger demographics, who favor brands that align with their values. Additionally, there is a rising demand for multifunctional cleaning solutions that cater to busy lifestyles, as urbanization leads to smaller living spaces. As households invest more in hygiene and cleanliness, the trend towards natural ingredients and transparent labeling is becoming more pronounced, reshaping the market landscape.
Trends in the market: In the BRICS nations, the Home and Laundry Care market is experiencing a significant shift towards eco-friendly products, as consumers increasingly seek sustainable options that align with their values. In Brazil, there’s a notable rise in demand for biodegradable detergents, while in India, the popularity of plant-based cleaning agents is surging. South Africa sees a growing interest in refillable packaging solutions. These trends signify a broader cultural shift towards environmental consciousness, compelling industry stakeholders to innovate and adapt their offerings to meet consumer expectations for transparency and multifunctionality.
Local special circumstances: In Brazil, the Home and Laundry Care market is influenced by the country’s rich biodiversity, which drives the demand for locally sourced, eco-friendly cleaning products that resonate with consumers’ appreciation for natural ingredients. In India, cultural practices around cleanliness and the use of herbal remedies have led to a surge in demand for plant-based detergents that reflect traditional values. Meanwhile, South Africa's regulatory focus on reducing plastic waste is fostering innovation in refillable packaging, aligning with consumer preferences for sustainable solutions.
Underlying macroeconomic factors: The Home & Laundry Care market in BRICS nations is significantly shaped by macroeconomic factors such as consumer spending trends, environmental policies, and urbanization rates. Brazil's economic recovery and rising disposable incomes are boosting demand for premium, eco-friendly products, while India's robust growth in e-commerce is enhancing access to diverse cleaning solutions. South Africa's emphasis on sustainability is prompting investments in innovative packaging technologies. Additionally, global shifts towards green consumerism are influencing fiscal policies, encouraging governments to support sustainable practices that align with market trends and consumer preferences across these diverse economies.
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 data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights