According to a new report by Expert Market Research titled, ‘Asia Pacific Household Care Market Report and Forecast 2020-2025’, the Asia Pacific household care market is aided by the growth of the global household care industry, which attained a value of USD 116.73 billion in 2019. The global household care industry is further projected to grow at a CAGR of 1.5% between 2020 and 2025 to reach a value of USD 127.63 billion by 2025.
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The growth of the Asia Pacific household care market is being driven by the growth of the global laundry detergent market. In 2019, the global industry for laundry detergents rose to a value of nearly USD 71 billion. The increased penetration of washing machines and technological developments in the developing economies have contributed significantly to the growth of the global laundry detergents industry in the 2015-2019 period at the CAGR of 4.7%. The sector is further expected to grow in the forecast period of 2020-2025 and is anticipated to reach a value of USD 93 billion by 2025.
Read Full Report With Table Of Contents – https://www.expertmarketresearch.com/reports/asia-pacific-household-care-market
Market Analysis by Products:
- Laundry Detergents
- Laundry Additives
- Dishwashing
- Hard Surface Cleaners
- Toilet Care
- Others
Market Analysis by Regions:
- China
- India
- Japan
- Others
Competitive Landscape & Supplier Analysis:
- Unilever (NYSE: UL)
- Reckitt Benckiser (OTCMKTS: RBGLY)
- Kao Corporation (OTCMKTS: KAOOY)
- The Procter & Gamble Company (NYSE: PG)
- Henkel AG & Co. KGaA
- The Clorox Company
- SC Johnson
- Church & Dwight Co., Inc.
- Colgate-Palmolive Company
- Others
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Latin America Household Care Market: https://www.expertmarketresearch.com/reports/latin-america-household-care-market
Europe Household Care Market Report: https://www.expertmarketresearch.com/reports/europe-household-care-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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