Germany Laundry Sanitizer Market Size & Outlook, 2022-2030
Germany laundry sanitizer market, 2018-2030 (US$M)
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Germany laundry sanitizer market highlights
- The Germany laundry sanitizer market generated a revenue of USD 1.9 million in 2022 and is expected to reach USD 2.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.3% 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 1.9 million |
| Market revenue in 2030 | USD 2.5 million |
| Growth rate | 3.3% (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, Germany accounted for 5.2% 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 Europe, Germany laundry sanitizer market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2.5 million by 2030.
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Laundry Sanitizer Market Scope
Laundry Sanitizer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 63.16% in 2022. Horizon Databook has segmented the Germany laundry sanitizer market based on household (residential), commercial covering the revenue growth of each sub-segment from 2018 to 2030.
The discovery of bacteria on laundry cleaned in consumer-grade washing machines in a German hospital in October 2019 highlighted concerns about bacteria surviving the washing process, particularly in energy-efficient machines that operate at lower temperatures.
While bacterial concentrations might not cause serious illnesses, the presence of bacteria in these machines raises hygiene concerns. Researchers emphasized the potential for bacteria to thrive in household laundry machines, especially those using lower temperatures. As consumers in Germany are becoming increasingly concerned about hygiene and cleanliness, this highlights a potential demand for laundry sanitizers to ensure effective pathogen elimination, particularly for those using modern energy-efficient machines that might not thoroughly eradicate bacteria during the washing process.
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Target buyers of Germany 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 Germany laundry sanitizer market , including forecasts for subscribers. This country databook contains high-level insights into Germany laundry sanitizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany laundry sanitizer market size, by application, 2018-2030 (US$M)
Germany Laundry Sanitizer Market Outlook Share, 2022 & 2030 (US$M)
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