B2B Laundry Care Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Laundry Detergent, Fabric Softener and Others), By Distribution Channel (Off-line Distribution and On-line Distribution), and Region

B2B Laundry Care Market size valued US$ 47,724.1 million in 2021 and is poised to grow with a CAGR of 5.4% from 2023-2029. In almost every household, laundry is a daily and never-ending chore. Outsourcing has a lot of potential to make customers' lives easier. This laundry market includes both B2B and B2C divisions, with B2C accounting for 87 percent of the total. Laundry operations such as cleaning and pressing garments are included in the B2C market, whether done at home or with the support of a laundry service provider (unorganized or organized). The B2B market, on the other hand, comprises laundry activities including ironing and washing bed towels and sheets, which are performed in-house or through outsourcing to a laundry service provider by enterprises in fields including hospitality and healthcare (unorganized or organized). The B2B Laundry Care Market expansion can be attributed to rising consumer awareness of basic hygiene and increased demand for natural home care products. The COVID-19 epidemic had little influence on the laundry care sector. Even during FQ-2020, sales of laundry care products increased as customers became more conscious of illness and the hazardous implications of unsanitary clothing as a result of the pandemic. Additionally, as consumer knowledge has grown, sales of organic and biodegradable cleansers and synthetic detergents have increased. Because synthetic laundry detergents contain dangerous chemicals that are hazardous to the environment and the skin, the market for organic laundry detergents has risen rapidly. Furthermore, producers were forced to develop plant-based laundry care products due to strict limits imposed on the use of certain chemicals. Surfactants including phosphates, strong bleach, and alkyl were banned in 2017 by the International Association for Soaps, Detergents, and Maintenance Products (AISE). On the other hand, local manufacturers making laundry care items also including detergent powder and cakes are also a big issue for the laundry care sector. These goods are affordable and easily accessible at every grocery store on any street.

B2B Laundry Care Market Key Development:

• In Jan 2022, Henkel intends to combine its Laundry & Home Care and Beauty Care businesses into one, dubbed Henkel Consumer Brands. The corporation will begin preparing for the integration process as soon as possible, with the goal of having the new organization in place by the beginning of 2023. Henkel will create a multi-category development platform with the new business unit, merging its consumer brands and businesses under one roof, including several iconic names like Persil and Schwarzkopf, as well as the hair professional company.
• In Aug 2021, Godrej Consumer Products Limited (GCPL) has launched digital-first brands in the hopes of capitalizing on the rapid movement of packaged consumer goods to online sales. Single-use laundry capsules Godrej Ezee Detergent Pods; Godrej Protekt All-in-1 Dishwasher Tablets; and Goodknight Anti Mosquito Bed Nets are the three new products.