Latin America Laundry Sanitizer Market Size & Outlook
Latin America laundry sanitizer market, 2018-2030 (US$M)
Related Markets
Latin America laundry sanitizer market highlights
- The Latin America laundry sanitizer market generated a revenue of USD 1.0 million in 2022.
- The market is expected to grow at a CAGR of 1.4% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1.0 million |
| Market revenue in 2030 | USD 1.1 million |
| Growth rate | 1.4% (CAGR from 2022 to 2030) |
| Largest segment | Commercial |
| Fastest growing segment | Commercial |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Household (Residential), Commercial |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.6% of the global laundry sanitizer market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13.9 million by 2030.
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Laundry Sanitizer Market Scope
Laundry Sanitizer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 60% in 2022. Horizon Databook has segmented the Latin America laundry sanitizer market based on household (residential), commercial covering the revenue growth of each sub-segment from 2018 to 2030.
Central & South America’s economy is currently showing positive growth. As urbanization accelerates in many Central and South American cities, people are living increasingly busy lives with limited time for household chores like laundry. Laundry services provide a convenient solution for individuals and families who are looking to outsource this task and free up their time, which is also giving a potential boost to the laundry products like the laundry sanitizer market.
The region's sports enthusiasts, engaged in vigorous physical activities, demonstrate a heightened preference for ideal and hygienic laundry products. This inclination, driven by the need for cleanliness after intense workouts, is fueling the demand for laundry sanitizers.
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Our clientele includes a mix of laundry sanitizer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America laundry sanitizer market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America laundry sanitizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America laundry sanitizer market size, by country, 2018-2030 (US$M)
Latin America Laundry Sanitizer Market Outlook Share, 2022 & 2030 (US$M)
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