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 Brunei Darussalam is experiencing mild growth, influenced by factors such as changing consumer lifestyles, increased product variety, and a steady rise in disposable income, which enhances demand for effective laundry solutions.
Customer preferences: In Brunei Darussalam, consumers are increasingly prioritizing eco-friendly and sustainable laundry products, reflecting a growing awareness of environmental issues. This shift is accompanied by a rise in demand for concentrated detergents and refillable packaging, catering to the desire for convenience and waste reduction. Additionally, as more households embrace dual-income lifestyles, there is a heightened interest in time-saving laundry solutions, such as quick wash cycles and multi-functional products, aligning with the fast-paced nature of modern living.
Trends in the market: In Brunei Darussalam, the Laundry Care market is experiencing a notable shift towards eco-friendly and sustainable products, driven by heightened consumer awareness of environmental issues. This trend is reflected in the increasing demand for concentrated detergents and refillable packaging, emphasizing convenience and waste reduction. As households adopt dual-income lifestyles, there is a growing interest in time-saving solutions, such as quick wash cycles and multifunctional products, aligning with the fast-paced nature of modern life. These trends present significant opportunities for industry stakeholders to innovate and differentiate their offerings, catering to the evolving preferences of consumers.
Local special circumstances: In Brunei Darussalam, the Laundry Care market is influenced by its unique cultural values and environmental initiatives. The country's commitment to sustainability aligns with its Islamic principles, encouraging the use of eco-friendly products. Additionally, Brunei's limited land space fosters a preference for compact and multifunctional laundry solutions that save space and resources. The government’s regulations promoting environmental conservation further drive the demand for biodegradable detergents and refillable packaging, shaping a market that prioritizes sustainability while catering to modern consumer lifestyles.
Underlying macroeconomic factors: The Laundry Care market in Brunei Darussalam is significantly influenced by macroeconomic factors, including national economic stability, consumer spending patterns, and environmental policies. The country's robust economy, supported by oil and gas revenues, provides disposable income that encourages consumers to invest in high-quality, eco-friendly laundry products. Moreover, government initiatives promoting sustainability and reducing carbon footprints are driving innovation in the market, leading to increased demand for biodegradable detergents and energy-efficient appliances. Global trends towards sustainability and health consciousness further align with local consumer preferences, fostering a market that thrives on environmental responsibility while adapting to modern living standards.
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