Market Insights Consumer Home & Laundry Care

Dishwashing Detergents - Luxembourg

Luxembourg

in Luxembourg, a country known for its strong economy and high standard of living, is also a significant player in the Dishwashing Detergents market.
In 2024, the revenue in this market segment amounts to US$10.44m in Luxembourg.
This figure is expected to grow annually by 2.84%, according to the Compound Annual Growth Rate (CAGR) for the period of 2024-2029.
When comparing Luxembourg's revenue to other countries globally, in the United States takes the lead with a staggering US$3,674m in 2024.
However, when taking into account the total population of each country, in Luxembourg stands out.
In 2024, per person revenues of US$15.77 are generated, showcasing the strong demand and consumption patterns within the country.
This highlights the significance of the Dishwashing Detergents market in Luxembourg and its contribution to the overall economy.
In Luxembourg, there is a growing trend towards eco-friendly and biodegradable dishwashing detergents, reflecting the country's strong commitment to sustainability.

Key regions: Philippines, Europe, India, Worldwide, Vietnam

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Methodology

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.