Global Home Care Products Market is expected to reach USD 219.32 billion by 2025, from USD 153.23 billion in 2017 growing at a CAGR of 4.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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The Home Care Products Market report acts as an absolute synopsis of the market that takes into account various aspects like product definition, segmentation based on various parameters, and the prevailing trader landscape. The report also explores the emerging trends along with major drivers, challenges and opportunities in the market for ABC industry. Besides, key players, major collaborations, trending innovation and business policies are re-evaluated in the Home Care Products Market report. The base year for calculation in this report is 2017 while the historic year is 2016 which suggest how the Home Care Products Market is going to perform in the forecast years.
The global home care products market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of home care products market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa. In May 2018, Henkel acquired leading retailer brand manufacturer for laundry & home care products JemPak Corporation.
Key Market Competitors: Global Home Care Products Market
The key players operating in the global home care products market are –
- Abbott Laboratories
- Baxter International
- Devilbiss Healthcare
- Drive Medical
- Graham-Field Health Products Inc.
The other players in the market are, Hard Manufacturing Co., Hollister, Invacare, Kimberly-Clark Corporation, Medline Industries Inc., Philips, Sunrise Medical Inc., Colgate-Palmolive Company, Henkel AG & Co., Reckitt Benckiser Group, Procter & Gamble Company, Unilever, Alfa Laval, Krauter, ELIXIR HOME CARE PVT. LTD., 3M, Indus Home Products, CareClean and many more.
- Demand for naturals products
- Increase in disposable income
- Growth of E-commerce trading or online shopping
- Stringent government regulations
- Pseudo products
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By Product Type
- Air Care
- Laundry Care
- Surface Care
- Toilet Care
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