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 CIS is experiencing mild growth, influenced by factors such as evolving consumer preferences, increased urbanization, and a growing demand for eco-friendly products that enhance cleanliness and convenience in household management.
Customer preferences: Consumers in the CIS are increasingly prioritizing sustainability and convenience in their home and laundry care choices, leading to a rise in demand for eco-friendly cleaning products and multipurpose detergents. Additionally, younger demographics are gravitating towards brands that reflect their values, such as transparency and social responsibility. The trend of urban living also drives the need for compact, efficient solutions that cater to smaller living spaces, influencing product development and marketing strategies in the Home & Laundry Care market.
Trends in the market: In the CIS region, the Home & Laundry Care market is experiencing a significant shift towards sustainability, with consumers increasingly favoring eco-friendly cleaning products that minimize environmental impact. The trend is further propelled by a younger demographic that prioritizes brands demonstrating transparency and social responsibility. Additionally, urbanization is driving demand for compact, efficient cleaning solutions designed for smaller living spaces. These trends are reshaping product innovation and marketing strategies, compelling industry stakeholders to adapt to evolving consumer preferences and emphasize sustainable practices.
Local special circumstances: In the CIS region, the Home & Laundry Care market is shaped by unique local factors, including harsh climatic conditions that necessitate specialized cleaning products capable of tackling extreme weather-related dirt and stains. Cultural preferences for traditional cleaning methods influence consumer choices, often favoring products that align with local customs. Additionally, regulatory frameworks promoting eco-friendly practices are gaining traction, encouraging brands to innovate sustainably. These dynamics create a distinct landscape, compelling companies to tailor their offerings to resonate with local values and environmental goals.
Underlying macroeconomic factors: The Home & Laundry Care market in the CIS region is significantly influenced by macroeconomic factors such as fluctuating commodity prices, inflation rates, and consumer spending power. Economic stability plays a crucial role; countries experiencing robust growth tend to see increased demand for premium cleaning products, while those facing economic challenges may drive consumers toward value-oriented alternatives. Additionally, rising disposable incomes and urbanization trends fuel demand for innovative and efficient cleaning solutions. Fiscal policies promoting green initiatives further incentivize brands to develop eco-friendly products, aligning with both consumer preferences and regulatory frameworks aimed at sustainability.
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