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Laundry Care - Namibia

Namibia
  • In Namibia, the Laundry Care market generated a revenue of US$47.52m in 2024.
  • It is projected to experience an annual growth rate of 5.72% (CAGR 2024-2029).
  • When compared to other countries worldwide, United States leads in terms of revenue, with an estimated US$16bn in 2024.
  • Looking at the population figures, the per person revenue in Namibia amounts to US$17.96 in 2024.
  • Namibians are increasingly opting for eco-friendly laundry detergents, driving the demand for sustainable and biodegradable laundry care products in the market.

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.

In-Scope

  • Heavy-duty detergents
  • Fabric softeners
  • Mild and special detergents
  • Detergents for colors
  • Powdered and liquid detergents

Out-Of-Scope

  • Detergents for bulk consumers (B2B; e.g. textile industry)
  • Textile care services (e.g. launderettes)
Laundry Care: market data & analysis - Cover

Market Insights report

Laundry Care: market data & analysis

Study Details

    Revenue

    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

    Sales Channels

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Laundry Care Market in Namibia is witnessing moderate growth, influenced by factors such as urbanization, increasing disposable incomes, and a shift towards convenience in household chores, alongside rising awareness of hygiene and fabric care products among consumers.

    Customer preferences:
    In Namibia, consumers are increasingly prioritizing eco-friendly laundry products, reflecting a growing awareness of environmental sustainability. This shift is fueled by a younger demographic that values responsible consumption and seeks brands that align with their ethical values. Additionally, the rise of urban living is prompting a preference for concentrated and multipurpose detergents that save space and time. As lifestyles become busier, Namibian households are also gravitating towards convenient laundry solutions, such as single-use pods, enhancing ease of use and efficiency in their daily routines.

    Trends in the market:
    In Namibia, the Laundry Care market is experiencing a notable shift towards eco-friendly products, driven by a more environmentally conscious consumer base. This trend is particularly pronounced among younger consumers who prioritize sustainability and seek brands that align with their values. Furthermore, the urbanization trend is increasing the demand for concentrated and multipurpose detergents, reflecting the need for efficiency in smaller living spaces. The rise of convenient solutions, such as single-use pods, caters to busy lifestyles, indicating significant opportunities for industry stakeholders to innovate and adapt their product offerings to meet evolving consumer preferences.

    Local special circumstances:
    In Namibia, the Laundry Care market is influenced by unique local factors, including a diverse climate that impacts fabric care needs, with high temperatures necessitating effective stain removal solutions. Cultural practices emphasize communal washing, which drives demand for larger, cost-effective packaging. Additionally, regulatory initiatives promoting environmental sustainability are encouraging brands to develop eco-friendly products. Urbanization and limited water resources further emphasize the need for concentrated detergents, reflecting a shift towards efficiency and sustainability in laundry care practices.

    Underlying macroeconomic factors:
    The Laundry Care market in Namibia is shaped by several macroeconomic factors, including national economic health, consumer spending trends, and regulatory frameworks. Rising disposable incomes among urban populations are boosting demand for premium laundry products, while economic fluctuations can lead to shifts in consumer purchasing behavior towards more affordable options. Additionally, fiscal policies aimed at promoting local manufacturing and sustainability are encouraging brands to invest in eco-friendly formulations. Global trends toward environmental consciousness further push local companies to innovate, aligning with both consumer preferences and regulatory initiatives that support sustainable practices in the laundry care sector.

    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.

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    Laundry Care: market data & analysis - BackgroundLaundry Care: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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