PUBLISHER: KBV Research | PRODUCT CODE: 1450401
PUBLISHER: KBV Research | PRODUCT CODE: 1450401
The Latin America, Middle East and Africa Liquid Detergent Market would witness market growth of 8.2% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 607.4 Kilo Tonnes, showcasing a growth of 10.1% (2023-2030).
The market is witnessing a proliferation of specialty and niche detergents tailored to consumer needs and preferences. These products may target sensitive skin, allergen-free formulations, baby-safe detergents, or specialty fabrics, catering to niche market segments and addressing diverse consumer requirements.
Moreover, fragrance innovation is a key trend in the market, with manufacturers introducing unique and exotic scent profiles to differentiate their products. Consumers seek laundry detergents with long-lasting fragrances that impart freshness to clothes, enhancing sensory experiences and brand loyalty. Innovative packaging designs and dispensing systems are emerging trends in the market aimed at improving user experience, reducing product wastage, and enhancing sustainability.
The rising e-commerce trend in Brazil is reshaping the market, introducing significant changes and opportunities for both consumers and manufacturers. According to the ITA, Brazil is one of the largest economies in Latin America and continues to experience rapid e-commerce growth of 14.3%, which should exceed US$200 billion by 2026. Therefore, the expansion of the region's e-commerce sector is propelling the market's growth.
The Brazil market dominated the LAMEA Liquid Detergent Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,095.7 million by 2030. The Argentina market is showcasing a CAGR of 8.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.9% during (2023 - 2030).
Based on Nature, the market is segmented into Conventional, and Organic. Based on Application, the market is segmented into Laundry, and Dish Washing. Based on End-use, the market is segmented into Residential, and Commercial. Based on Sales Channel, the market is segmented into Supermarket & Hypermarket, Departmental & Convenience Stores, Online Sales Channels, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Liquid Detergent Market Report Segmentation
By Nature (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By End-use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Sales Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)