China Laundry Sanitizer Market Size & Outlook, 2022-2030
China laundry sanitizer market, 2018-2030 (US$M)
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China laundry sanitizer market highlights
- The China laundry sanitizer market generated a revenue of USD 2.9 million in 2022 and is expected to reach USD 3.7 million by 2030.
- The China market is expected to grow at a CAGR of 3.5% from 2023 to 2030.
- In terms of segment, commercial was the largest revenue generating application in 2022.
- Commercial is the most lucrative application segment registering the fastest growth during the forecast period.
Laundry sanitizer market data book summary
| Market revenue in 2022 | USD 2.9 million |
| Market revenue in 2030 | USD 3.7 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Commercial |
| Fastest growing segment | Commercial |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Household (Residential), Commercial |
Other key industry trends
- In terms of revenue, China accounted for 7.6% of the global laundry sanitizer market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China laundry sanitizer market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3.1 million by 2030.
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Laundry Sanitizer Market Scope
Laundry Sanitizer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China laundry sanitizer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laundry sanitizer market will help companies and investors design strategic landscapes.
Commercial was the largest segment with a revenue share of 58.62% in 2022. Horizon Databook has segmented the China laundry sanitizer market based on household (residential), commercial covering the revenue growth of each sub-segment from 2018 to 2030.
The incidence of infections and diseases remains significantly high in densely populated countries like China. By integrating these solutions into everyday laundering practices, the risk of infections spreading through contaminated garments is markedly diminished. Consequently, this contributes to the potential growth of the laundry sanitizer market in China.
There has been a notable convergence of advanced product innovation in the Chinese market. Over recent years, a clear and distinct trend has surfaced, highlighting the infusion of sophisticated fragrances reminiscent of high-end perfumes into the sphere of laundry sanitizers.
Also, there is a distinct shift away from traditional standard and concentrated laundry powders and, to a lesser degree, bar detergents. Instead, consumers are increasingly embracing newer product categories, such as liquid laundry products, with a notable emphasis on laundry sanitizers, for their daily laundry routines.
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Target buyers of China laundry sanitizer market databook
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Our clientele includes a mix of laundry sanitizer market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China laundry sanitizer market , including forecasts for subscribers. This country databook contains high-level insights into China laundry sanitizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China laundry sanitizer market size, by application, 2018-2030 (US$M)
China Laundry Sanitizer Market Outlook Share, 2022 & 2030 (US$M)
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