Global Household Care Market: Size, Trends & Forecast with Impact Analysis of COVID 19 (2021-2025)
The key players of the Global household care market are The Procter & Gamble Company, Unilever Group, Henkel AG & Co. KGaA, and Reckitt are also profiled with their financial information and respective business strategies.
By: Daedal Research
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall household care market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Asia Pacific excluding China
Rest of the World
The Procter & Gamble Company
Henkel AG & Co. KGaA
The term "household care" refers to goods that are used to clean and maintain the hygiene of a household. These commodities are frequently associated with the cleaning of surfaces, laundry, or utensils, as well as other household items. The household care sector is further segmented on the basis of product (Home Care, Fabric Care, and Personal Hygiene). The Household care products help reduce the transmission of germs and diseases.
The Global household care market has increased during the years 2019-2020 and projections are made that the market would rise in the next four years i.e. 2021-2025. The Global household care market is expected to increase due to the increasing health and hygiene accessibility, growing penetration of e-commerce, increasing literacy rate, growing per capita spending, growing penetration of white goods, rising middle class population/spending, rising number of female participations in workforce and rise in nuclear families, yet the market faces some challenges such as, economic downturn, high competition, easy existence of counterfeit products, etc.
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