The growth of the homecare ingredients market is attributed to rising living standards, growing disposable income, rapid urbanization, and substantial investment by the governments. Moreover, the home care industry is governed by regulatory agencies, with increasing demand for cleaning products, all of which drive the growth of the global homecare ingredients market.

Market Dynamics

Homecare ingredients are widely used in products such as floor cleaners, toilet cleaners, surfactants, and others. These products are used for maintaining healthy lifestyle by preventing infectious diseases and controlling allergens.

Consumers prefer homecare products for everyday uses and is considered an essential product. An increase in household expenditure is the factor, which is expected to drive the market growth due to growing need for using homecare products. This factor is attributed by the increase in online sales of household cleaning products, increase in number of houses, rise in disposable income, and others. For instance, according to the Organization for Economic Co-operation and Development data published in April 2022, the household spending in Canada increased from US$ 953.71 billion in 2020 to US$ 1,026.02 billion in 2021. Similarly, according to the World Bank, the final consumption expenditure in India grew from US$ 1.94 trillion in 2020 to US$ 2.24 trillion in 2021.The significant increase in household expenditure around the world is expected to drive the global homecare ingredients market growth.

Key features of the study:

• This report provides an in-depth analysis of the global homecare ingredients market and provides market size (US$ Billion & KT) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global homecare ingredients market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Aarti Surfactants, Akzo Nobel N.V., Antozyme Biotech Pvt Ltd, ARC Surfactants, Ashland, BASF SE, Behn Meyer, Cargill, Incorporated, Clarient, Croda International Plc, and DuPont Nutrition & Biosciences
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global homecare ingredients market report caters to various stakeholders in this industry including investors, suppliers, homecare ingredient manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global homecare ingredients market

Detailed Segmentation:

• Global Homecare Ingredients Market, By Type:
  • Surfactants
    • Anionic
      • Acid Slurry
      • Others
    • Non Ionic
    • Cationic
    • Amphoteric
• Global Homecare Ingredients Market, By Application:
  • Laundry Detergents
  • Dish Wash
  • Toilet Care
  • Surface Cleaners
  • Others (Air Care, Home Insecticides, etc.)
• Global Homecare Ingredients Market, By Region:
  • North America
    • By Country:
      • U.S.
      • Canada
  • Latin America
    • By Country:
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country:
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country:
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East & Africa
    • By Country/Region:
      • Middle East
      • Africa
• Company Profiles
  • Aarti Surfactants *
    • Company Overview
    • Product Portfolio
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Akzo Nobel N.V.
  • Antozyme Biotech Pvt Ltd
  • ARC Surfactants
  • Ashland
  • BASF SE
  • Behn Meyer
  • Cargill, Incorporated
  • Clarient
  • Croda International Plc
  • DuPont Nutrition & Biosciences

“*” marked represents similar segmentation in other categories in the respective section.