Laundry Care - North America

North America

Highlights

In 2024, the revenue in the Laundry Care market in North America amounts to US$20.48bn.
It is projected to grow annually by 2.24% (CAGR 2024-2029).
When compared globally, United States generates the highest revenue with US$16bn in 2024.
Considering the total population figures, per person revenues of US$40.12 are generated in 2024.
The Laundry Care market holds significant importance in North America.
The laundry care market in North America is experiencing a shift towards eco-friendly and sustainable products.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Laundry Care Market within the Home & Laundry Care sector in North America is experiencing mild growth, influenced by factors such as evolving consumer preferences, increasing demand for eco-friendly products, and the rise in urban living, which drives convenience in laundry solutions.

Customer preferences: Consumers are increasingly prioritizing sustainability and convenience in their laundry care choices, leading to a rise in demand for eco-friendly detergents and reusable laundry solutions. This trend is particularly prevalent among younger demographics who value brands with transparent sourcing and minimal environmental impact. Additionally, busy urban lifestyles are driving interest in pre-measured laundry pods and quick-wash cycles, reflecting a desire for efficient and effective cleaning solutions that align with modern living.

Trends in the market: In North America, the Laundry Care market is experiencing a notable shift towards sustainability, with consumers increasingly favoring eco-friendly detergents and packaging made from recycled materials. This trend is amplified among younger consumers, who prioritize brands that demonstrate commitment to environmental responsibility and transparency. Concurrently, the demand for convenience is escalating, as busy lifestyles drive the popularity of pre-measured laundry pods and quick-wash cycles. These developments signify a pivotal moment for industry stakeholders, urging them to innovate and adapt their product offerings to meet evolving consumer expectations while enhancing their sustainability initiatives.

Local special circumstances: In North America, the Laundry Care market is influenced by diverse regional climates that affect laundry practices, with colder areas favoring energy-efficient solutions for drying. Cultural preferences for cleanliness and appearance drive higher spending on premium products, while strict regulations on chemical ingredients push brands towards greener formulations. Additionally, the rise of e-commerce reshapes purchasing behaviors, as consumers seek convenience and variety online, further complicating traditional retail dynamics within the market.

Underlying macroeconomic factors: The Laundry Care market in North America is significantly shaped by macroeconomic factors such as economic growth, consumer spending patterns, and shifts in disposable income. A robust national economy stimulates demand for premium laundry products, as consumers prioritize quality and performance. Conversely, economic downturns may lead to a preference for budget-friendly options. Additionally, rising environmental awareness prompts consumers to seek eco-friendly products, aligning with global sustainability trends. Fiscal policies promoting green initiatives and investments in sustainable manufacturing practices further influence product innovation and market dynamics, driving the transition towards more environmentally responsible laundry care solutions.

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.