Definition:
The Polishes, Room Scents & Insecticides market is small, aggregating several specialty cleaning products for narrowly defined niche uses. The market includes polishes for shoes, floor, furniture or coach care, along with room deodorants and household insecticides. Only retail sales to private consumers (B2C) are included; industrial variants of the mentioned product groups (B2B sales) are not covered.
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 Polishes, Room Scents & Insecticides Market within Home & Laundry Care in Indonesia is experiencing mild growth, influenced by rising consumer preferences for cleanliness, increased awareness of hygiene, and the expanding availability of innovative products in retail channels.
Customer preferences: Consumers in Indonesia are increasingly prioritizing eco-friendly and sustainable products in the Polishes, Room Scents & Insecticides Market, reflecting a growing awareness of environmental issues. This shift is particularly noticeable among younger demographics who value brands that align with their green principles. Additionally, the rise of urban living is driving demand for multifunctional products that save space and time. As lifestyles become busier, there is also a heightened interest in convenient, ready-to-use solutions that enhance cleanliness and promote well-being in homes.
Trends in the market: In Indonesia, the Polishes, Room Scents & Insecticides Market is experiencing a significant shift towards eco-friendly and sustainable products, driven by a growing environmental consciousness among consumers, especially younger demographics. This trend is fostering brand loyalty towards companies that integrate sustainable practices. Additionally, urbanization is increasing the demand for multifunctional and space-saving solutions, as busy lifestyles lead to a preference for convenient, ready-to-use products that promote cleanliness and well-being. These dynamics highlight the need for industry stakeholders to innovate and adapt to changing consumer values, ensuring they remain competitive in a rapidly evolving market.
Local special circumstances: In Indonesia, the Polishes, Room Scents & Insecticides Market is influenced by a rich cultural heritage that values cleanliness and hospitality, driving demand for effective home care products. The diverse geography, from urban centers to rural areas, necessitates tailored solutions that address local pest challenges and environmental conditions. Moreover, strict regulations on harmful chemicals are prompting manufacturers to innovate with safer, natural ingredients. These factors collectively shape consumer preferences and market dynamics, encouraging brands to align with local values and environmental sustainability.
Underlying macroeconomic factors: The Polishes, Room Scents & Insecticides Market in Indonesia is significantly influenced by macroeconomic factors such as national economic growth, consumer spending patterns, and evolving regulatory frameworks. As Indonesia's economy continues to expand, rising disposable incomes enhance consumer purchasing power, leading to increased demand for premium home care products. Furthermore, government initiatives aimed at promoting environmental sustainability and public health are driving manufacturers to innovate with eco-friendly formulations. Global trends towards natural ingredients and safety consciousness are also shaping consumer preferences, compelling brands to adapt their offerings to align with these values while navigating local 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