HOMECARE INGREDIENTS MARKET ANALYSIS

Homecare Ingredients Market, By Type (Surfactants, Polymers, Enzyme, Fragrance), By Application (Laundry Detergents, Dish Wash, Toilet Care, Surface Cleaners, Others (Air Care, Home Insecticides, and Others)), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Sep 2023
Code : CMI5372
Pages :140
Formats :
Excel and PDF
Industry : Specialty and Fine Chemicals

Homecare Ingredients MarketSize and Trends

The global homecare ingredients market is projected to reach around US$ 32.26 Billion by 2030, exhibiting a CAGR of 7.1% during the forecast period (2023-2030).

Global Homecare Ingredients Market: Trends

Consumers adopting natural and herbal homecare products: An increase in the adoption of natural and herbal homecare products is emerging as a lucrative market trend. Consumers are preferring these products for their households due to the harmful health effects caused by chemical-based products. For instance, in August 2021, Trident Ltd., an India-based home textiles, paper, and chemicals manufacturing company, launched a new product in the laundry business, 'Tri-Safe' washing powder. It contains natural ingredients such as neem. In January 2021, the U.S.-based multinational company Amway launched ’Amway Home Fruit & Veggie Wash,’ a cleaning solution made of natural cleaning agents. It has no added chlorine, alcohol, artificial color, or animal-based ingredients.