PUBLISHER: KBV Research | PRODUCT CODE: 1395657
PUBLISHER: KBV Research | PRODUCT CODE: 1395657
The Latin America, Middle East and Africa Fabric Wash and Care Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 3,453.7 Kilo Tonnes, showcasing a growth of 8.2% (2023-2030).
Fabric wash & care products protect clothing from deterioration caused by regular washing and use. Furthermore, these items are used for washing in various industries, including automotive and aviation. The market is being pushed by expansion in emerging nations due to the increased population and disposable money among middle-class clients. The product used to clean furniture and clothing is called washing and fabric care. In order to keep the cloth soft and clean, it is critical to apply cleaning chemicals. There are numerous fabric wash products in the industry, including detergents, soaps, bleach, fabric softeners, etc. Fabric products can be used on various seasonal garments.
Innovation is critical for connecting millions of consumers. It is an essential communication tool in the marketing mix for connecting directly with customers. As a result, packaging has become increasingly critical for producers in order to offer complete product protection. Companies create eco-friendly packaging for fabric care goods in order to extend shelf life and guard against moisture. It contains a broad range of products and services developed to maintain the quality and cleanliness of textiles, including clothing, bedding, upholstery, and more. Fabric wash and care products have become essential in the modern era, driven by factors such as increasing hygiene awareness, fashion consciousness, and the demand for longevity and performance of textiles.
As per the UAE government, the travel and tourism sector contributed approximately AED 167 billion to the UAE's GDP in 2022, equivalent to 9% of the total GDP. In 2022, the total spending of international tourists amounted to AED 117.6 billion. In 2022, the number of hotels in the UAE has increased to 1189, while the hotel capacity in the country reached 203,000 hotel rooms. Hotels, restaurants, and other hospitality companies rely on clean and well-maintained linens and towels to provide a comfortable and pleasant guest experience. These aspects will boost the market growth in the coming years.
The Brazil market dominated the LAMEA Fabric Wash and Care Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,816.9 Million by 2030. The Argentina market is experiencing a CAGR of 7.1% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 6.2% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Hypermarkets/Supermarkets, Specialty Stores, Online, and Others. Based on Application, the market is segmented into Residential, Hospitality, Healthcare, Aviation, Automotive, and Others. Based on Product Type, the market is segmented into Detergent, Fabric Softener/Conditioner, Bleach. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Colgate-Palmolive Company, Church & Dwight Co., Inc., The Procter and Gamble Company, Henkel AG & Company, KGaA, Reckitt Benckiser Group PLC, Wipro Limited, Seitz GmbH, Unilever PLC, Amway Corporation and The National Detergent Company S.A.O.G.
Market Segments covered in the Report:
By Distribution Channel (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Product Type (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
Companies Profiled
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