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Home & Laundry Care - Seychelles

Seychelles
  • The Home & Laundry Care market in Seychelles is projected to generate a revenue of US$2.54m in 2024.
  • This market is expected to experience an annual growth rate of 4.66% (CAGR 2024-2029).
  • Within the market, the largest segment is Laundry Care, which is estimated to have a market volume of US$816.10k in 2024.
  • In terms of global comparison, United States leads the pack with a revenue of US$32bn in 2024.
  • When considering the population, in the Seychelles generates per person revenues of US$23.50 in 2024.
  • Furthermore, online sales are projected to contribute 8.1% of the total revenue in the Home & Laundry Care market by 2024.
  • Seychelles' increasing tourism industry has led to a growing demand for eco-friendly and sustainable home and laundry care products.

Definition:

The Home & Laundry Care market covers cleaning products used for private households. This market only takes into account consumable detergents for use in private households (B2C). Auxiliary cleaning equipment (e.g., mops and brooms) are not included. Professional products for industry use or household cleaning services (B2B) have also not been included.

Structure:

Home & Laundry consists of 4 different markets:

  • The Laundry Care covers all detergents purchased by consumers that are intended for the care of textiles in the form of powder, tabs, or liquids.
  • The Household market covers all consumer products used for the cleaning of surfaces, windows, and toilets.
  • The Dishwashing Detergents cover cleaning products used for washing up and cleaning dishes and cutlery. Both detergents for dishwashers and hand dishwashing detergents in liquid, powder, or tab form are included in this market.
  • The Polishes, Room Scents & Insecticides cover several specialty cleaning products for narrowly defined niche uses. The market includes polishes for shoes, floor, furniture, and coach care, along with room deodorants and household insecticides..

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

  • Laundry detergents
  • Household cleaners
  • Dishwashing detergents
  • Specialty products (polishes, room scents, household insecticides)
  • Cleaning products for private consumers (B2C)

Out-Of-Scope

  • Cleaning equipment (e.g. mops or cleaning cloths)
  • Cleaning services (laundry services, house cleaning)
  • Professional products for bulk consumers (B2B)
Home & Laundry Care: market data & analysis - Cover

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Home & 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 Home & Laundry Care market in Seychelles is witnessing mild growth, influenced by factors such as increased consumer awareness of hygiene, the rising demand for eco-friendly products, and the convenience of ready-to-use cleaning solutions available in the region.

    Customer preferences:
    Consumers in Seychelles are increasingly prioritizing sustainable and eco-friendly home and laundry care products, reflecting a growing awareness of environmental issues. This trend is driven by a younger demographic that values green living and seeks out brands with ethical practices. Additionally, the rise in dual-income households is leading to a demand for convenient, ready-to-use cleaning solutions. Cultural shifts towards maintaining a clean and hygienic home environment, especially post-pandemic, further emphasize the importance of effective and safe cleaning products in everyday life.

    Trends in the market:
    In Seychelles, the Home & Laundry Care market is experiencing a significant shift towards sustainable and eco-friendly products, as consumers increasingly prioritize environmental responsibility. This trend is particularly pronounced among younger consumers who advocate for ethical brands and green practices. Concurrently, the rise of dual-income households is fueling demand for convenient, ready-to-use cleaning solutions that cater to busy lifestyles. Furthermore, heightened awareness of hygiene, influenced by the pandemic, underscores the necessity for effective and safe cleaning products, compelling industry stakeholders to innovate and adapt their offerings to meet evolving consumer preferences.

    Local special circumstances:
    In Seychelles, the Home & Laundry Care market is shaped by its unique geographical context and cultural dynamics. The islands' tropical climate necessitates products that effectively combat humidity and mold, influencing consumer preferences for specialized cleaning solutions. Additionally, the local emphasis on preserving natural beauty and marine ecosystems drives demand for biodegradable and non-toxic products. Regulatory frameworks promoting sustainability further encourage manufacturers to innovate, ensuring that offerings align with both environmental standards and the values of eco-conscious consumers, thereby differentiating Seychelles from other markets.

    Underlying macroeconomic factors:
    The Home & Laundry Care market in Seychelles is significantly influenced by macroeconomic factors such as tourism-driven economic growth, trade dynamics, and consumer spending patterns. The country’s reliance on tourism contributes to disposable income levels, which in turn affects purchasing behavior for home care products. Additionally, the cost of imports, influenced by global supply chain fluctuations and currency exchange rates, impacts product pricing and availability. Government policies promoting sustainable practices are fostering innovation, while rising awareness of environmental issues among consumers is shifting demand towards eco-friendly products. These factors collectively shape the market landscape, driving both growth and adaptation in product offerings.

    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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    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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    Household cleaning and laundry products market worldwide - statistics & facts

    Consumers’ interest in cleaning supplies has kept on growing in the last few years. As awareness on the importance of good hygiene practices increases, so does the revenue of the global home and laundry care market, which was estimated to add up to nearly 200 billion U.S. dollars in 2024 and to grow to over 230 billion U.S. dollars by 2029. The United States is the leading region in the market, having recorded over 30 billion U.S. dollars in revenues as of 2023, followed by China and India.
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