DUBLIN--(BUSINESS WIRE)--The "Global Home Care Market Report and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
According to this latest report the global home care market attained a value of USD 95 billion in 2020. Aided by the rising on sanitation and aesthetics, the market is projected to further grow at a CAGR of 4.5% between 2021 and 2026.
Home care is defined as the care given to the house via the use of various home care items. These products are intended to sanitise the home and rid it of any disease-causing organisms. Furthermore, home care products aid in the upkeep of the interior of a home or commercial facility. The market is being pushed by an increasing emphasis on hygiene and sanitation within the home in order to keep the family free of illness or disease. The growing population and expanding spending power of the middle class, particularly in emerging economies, are also providing significant impetus to the industry growth.
The home care market is predicted to be driven by manufacturers' increasing R&D activity to lower costs and improve product efficacy. The introduction of new items is projected to augment the market growth during the predicted period. Home care products could also help to lower hospitalisation and readmission rates while saving money. The active branding and marketing, as well as effective advertising, are projected to propel the demand for a variety of bathroom cleaners, odour control products, and carpet cleaners, among others, leading to segment growth. The rising trend of e-commerce is expected to boost market growth throughout the forecast period. This is due to the tempting discounts and ease of delivery provided by the major e-commerce sites. Rapid digitalisation and increasing penetration of electronic devices in emerging markets are predicted to augment the demand for home care products via e-commerce websites.
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.
Some of the major players in the market explored in the report are:
- Unilever Plc
- The Procter & Gamble Company
- Henkel AG & Co. KGaA
- Kao Corporation
- S.C. Johnson & Sons Inc.
- Natures Organics Pty Ltd
- George Weston Foods Limited
- Saraya Goodmaid Sdn. Bhd.
Key Topics Covered:
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Home Care Market Analysis
9 Regional Analysis
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR's Key Indicators for Demand
10.4 EMR's Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 List of Leading Home Care Brands (By Region)
12.3 Company Profiles
13 Industry Events and Developments
For more information about this report visit https://www.researchandmarkets.com/r/v8bys2