Regional Analysis
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC, South Africa, and Rest of Middle East and Africa
Global Homecare Ingredients Market: Regional Analysis
- Among regions, Asia Pacific held a dominant position in the global homecare ingredients market with a revenue share of 42% in 2022 and is expected to maintain its dominance during the forecast period. Key countries and sub-regions in the Asia Pacific region, including China, India, Japan, and ASEAN, have shown significant growth in the consumption of homecare ingredients, owing to the growing disposable income of consumers. Low manufacturing and labor costs in the above-mentioned countries are also boosting the economic growth, which is likely to boost the homecare ingredients market growth over the forecast period.
- Regionally, Asia Pacific dominated the global homecare ingredients market in terms of revenue, in 2022, followed by North America and Europe, respectively.