Definition:
The Laundry Care market covers all detergents purchased by consumers that are intended for the care of textiles in the form of powder, tabs, or liquids. Laundry Care accounts for the largest share of the Home and Laundry Care market. Only retail sales to private consumers (B2C) are covered; however, B2B sales and laundry services are not included.
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 Laundry Care market in Angola is witnessing mild growth, influenced by factors such as rising urbanization, changing consumer habits, and increasing availability of diverse laundry products, which enhance convenience and efficiency for households.
Customer preferences: In Angola, consumers are exhibiting a growing preference for eco-friendly laundry products, reflecting a heightened awareness of sustainability and environmental impact. This shift is particularly notable among younger demographics who prioritize green solutions and are influenced by global trends in responsible consumption. Additionally, the increase in dual-income households is driving demand for time-saving laundry options, such as concentrated detergents and washing pods, enhancing efficiency in busy lifestyles. As urbanization continues, the market is also seeing a rise in specialized products for delicate fabrics, catering to diverse consumer needs.
Trends in the market: In Angola, the Laundry Care market is experiencing a notable shift towards eco-friendly products, driven by increased consumer awareness of sustainability and environmental concerns. Younger generations are particularly adopting green solutions, influenced by global trends in responsible consumption. The rise of dual-income households is leading to a heightened demand for convenient laundry options, such as concentrated detergents and washing pods, which cater to fast-paced lifestyles. Additionally, urbanization is fueling the need for specialized products designed for delicate fabrics, reflecting the diverse requirements of consumers. These trends present significant opportunities and challenges for industry stakeholders, emphasizing the importance of innovation and adaptability in product offerings.
Local special circumstances: In Angola, the Laundry Care market is shaped by distinct local factors, including the country's tropical climate, which influences the types of detergents favored by consumers. High humidity levels necessitate products that effectively combat mold and mildew, while the cultural emphasis on vibrant textiles drives demand for specialized detergents that preserve color and fabric integrity. Additionally, regulatory initiatives aimed at reducing environmental impact are prompting manufacturers to innovate eco-friendly formulations, aligning with consumer preferences for sustainable choices.
Underlying macroeconomic factors: The Laundry Care market in Angola is significantly influenced by macroeconomic factors such as the nation’s economic stability, consumer spending power, and inflation rates. The growth of this market is supported by a rising middle class, which enhances demand for quality laundry products. Additionally, global economic trends, including fluctuations in raw material costs and supply chain dynamics, impact product pricing and availability. Fiscal policies promoting local manufacturing and sustainability also encourage innovation in eco-friendly laundry solutions. As disposable incomes rise, consumers increasingly prioritize effective and environmentally conscious products, further shaping market dynamics.
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