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Laundry Care - Niger

Niger
  • In Niger, the revenue generated in the Laundry Care market is estimated to reach US$90.93m in 2024.
  • It is projected that the market will experience an annual growth rate of 7.47% (CAGR 2024-2029).
  • When compared globally, United States leads in terms of revenue generation, with a total of US$16bn in 2024.
  • In relation to the total population, the per person revenue in Niger is expected to be US$3.22 in 2024.
  • The laundry care market in Niger is witnessing a growing demand for eco-friendly detergent products.

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

    Key Players

    Most recent update: Mar 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 Niger has seen considerable growth, fueled by rising urbanization, increasing disposable incomes, and a growing awareness of hygiene. Consumers are increasingly opting for convenient and effective laundry solutions, further driving market expansion.

    Customer preferences:
    Consumers in Niger are increasingly prioritizing eco-friendly and sustainable laundry solutions, responding to growing environmental awareness and cultural values emphasizing resource conservation. This shift is evident as more individuals seek biodegradable detergents and energy-efficient washing practices. Additionally, the influence of urbanization has led to a rise in demand for compact and multifunctional laundry appliances that cater to smaller living spaces. As lifestyles evolve, there is also a trend toward convenience, with consumers favoring ready-to-use laundry products that save time and effort.

    Trends in the market:
    In Niger, the Laundry Care Market is experiencing a notable shift towards eco-friendly and sustainable products, as consumers become more aware of environmental issues and resource conservation. This trend is reflected in the increasing demand for biodegradable detergents and energy-efficient washing practices. Urbanization is also influencing this market, with a rise in the need for compact, multifunctional appliances that suit smaller living spaces. Additionally, there is a growing preference for convenient, ready-to-use laundry solutions that save time, indicating a significant evolution in consumer behavior that industry stakeholders must adapt to in order to remain competitive.

    Local special circumstances:
    In Niger, the Laundry Care Market is shaped by unique local factors such as the arid climate and limited access to water resources, compelling consumers to seek water-efficient laundry solutions. Cultural practices also play a role, with traditional hand-washing methods still prevalent, which drives demand for gentle, natural detergents. Moreover, regulatory efforts promoting environmental sustainability are influencing product formulations, pushing brands to innovate with eco-friendly options while addressing the needs of urban dwellers seeking convenience in their laundry routines.

    Underlying macroeconomic factors:
    The Laundry Care Market in Niger is significantly influenced by macroeconomic factors such as economic stability, consumer purchasing power, and infrastructure development. Fluctuations in global commodity prices impact the affordability of raw materials used in detergent production, affecting pricing strategies. Additionally, national fiscal policies aimed at promoting local manufacturing can bolster the availability of homegrown laundry solutions. The rising urbanization trend and increasing disposable incomes among urban dwellers fuel demand for convenient and efficient laundry products. Furthermore, external economic shocks, like fluctuating oil prices, can influence household budgets and spending patterns, shaping market dynamics.

    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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