Global Laundry Care Products Market 2020-2024 | Evolving Opportunities With Church & Dwight Co. Inc. and Kao Corp. | Technavio
LONDON--(BUSINESS WIRE)--Jan 29, 2020--
The global laundry care products market is poised to grow by USD 26.91 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. Request Free Sample Pages
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Technavio has announced its latest market research report titled global laundry care products market 2020-2024. (Graphic: Business Wire)
Read the 155-page research report with TOC on "Laundry Care Products Market Analysis Report by Product (Laundry detergent, Fabric softener, and Others) Distribution channel (Offline and Online), by Geography (APAC, Europe, MEA, North America, and South America), and Segment Forecasts, 2020-2024."
https://www.technavio.com/report/laundry-care-products-market-industry-analysis
The rapid demand for laundry services and increased adoption of dryer sheets are factors anticipated to boost the growth of the market.
The demand for laundry services is increasing due to continuous growth of the tourism sector and construction of new hotels and resorts. The purchase of laundry care products such as fabric conditioners and detergents are also increasing for laundry service use in salons, spas, research centers, laboratories, army, restaurants, pubs, and bars. A wide range of product options are available in the market for consumers due to the presence of many laundry service providers. Furthermore, these companies offer customers with additional benefits such as consumer loyalty rewards, online payment, and instant pickup. This drives the purchase volume of laundry care products, which is expected to drive market growth during the forecast period.
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Major Five Laundry Care Products Market Companies:
Church & Dwight Co. Inc.
Church & Dwight Co. Inc. is headquartered in the US and operates the business under various segments such as Consumer Domestic, Consumer International, and SPD. The company offers ARM & HAMMER Clean Burst and ARM & HAMMER Powder Laundry Detergent.
Colgate-Palmolive Co.
Colgate-Palmolive Co. is headquartered in the US and offers products through the following business units: Oral, Personal, and Home Care and Pet Nutrition. The company offers Fluffy Concentrate Divine Blends and Fluffy Concentrate Fragrance Temptations.
Henkel AG & Co. KGaA
Henkel AG & Co. KGaA is headquartered in Germany and operates under various business segments, namely Adhesives for Consumers, Craftsmen, and Building, Industrial Adhesives, Beauty Care, and Laundry & Home Care. The company offers Persil ProClean Discs and Persil ProClean Stain Fighter.
Kao Corp.
Kao Corp. is headquartered in Japan and offers products through the following business segments: Cosmetics Business, Skin Care and Hair Care Business, Human Health Care Business, Fabric and Home Care Business, and Chemical Business. The company offers Attack ZERO and KAO Laundry Detergent Liquid Gel.
Reckitt Benckiser Group Plc
Reckitt Benckiser Group Plc is headquartered in the UK and offers products through the following business segments: Health and Hygiene Home. The company offers a wide range of laundry care products through its brand, Woolite.
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Laundry Care Products Distribution Channel Outlook (Revenue, USD Million, 2020-2024)
Laundry Care Products Regional Outlook (Revenue, USD Million, 2020-2024)
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INDUSTRY KEYWORD: RETAIL HOME GOODS
SOURCE: Technavio Research
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PUB: 01/29/2020 09:30 AM/DISC: 01/29/2020 09:30 AM
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The New “Toxic Beauty” Documentary Asks: Are Skin Care Products the New Cigarettes?
Like talc, the potential dangers of parabens and phthalates are hotly debated, one reason being these molecules are tiny, and are theoretically filtered out of the body via the liver. But as Ellis says, “It’s not one product, it’s the accumulation of a number of products, and the reapplication of those products.”
When you use 27 products per day, that exposure adds up.
That’s the number of soaps, serums, concealers, and more that Mymy Nguyen, a 24-year-old medical student at Boston University and one of the documentary’s star subjects, reaches for each morning. “I’m always chasing this kind of look, this kind of aesthetic,” Nguyen tells Vogue. “I don’t think it’s a bad thing to want to look a certain way. It’s part of who I am and how I dress.” Still, when Nguyen connected with Ellis, she was curious to see how her beauty routine (Clairol shampoo, Fenty Beauty foundation) affected her chemical body burden, especially after a recent brush with a benign breast tumor.
Toxic Beauty follows Nguyen as she submits to three blood tests over three days: One after her usual 27-step regimen, one after a zero-product “detox” day, and one after switching over to “clean” beauty products. The results, revealed in the film’s final moments, are staggering: On a typical day, Nguyen’s phthalate levels were five times higher, and her paraben levels were 35 times higher, than when she switched to non-toxic cosmetics.
“I think there’s definitely a connection between phthalates and parabens and [health issues], but I don’t think these things are meant to cause any harm,” the medical student says. “With a lot of the girls I talk to, we love helping each other find new products and lifting each other up. Beauty is a very empowering kind of thing.”
To Ellis, this speaks to the manipulative power of marketing, which can be just as toxic as the products it promotes. “We have to change these beauty norms so women don’t have to choose between their health and trying to look beautiful. I really believe this is a women’s health issue,” she states; even more so for women of color.
Products aimed at minority women—skin lightening creams, hair straightening treatments—“have higher levels of carcinogens and toxicants,” Ellis says. Research from the Environmental Working Group shows that one in 12 beauty products marketed to black women contains toxic substances, with less than 25% of products in the space considered safe. A new study links the use of permanent color and chemical straighteners with a 60% increase in breast cancer risk for black women, as opposed to an 8% increase for white women. “The research is coming, it’s just coming slowly,” Nguyen says. “But I believe it. It doesn’t make sense to me that these chemicals are regulated in other countries and not in the U.S.”
Talc, parabens, and, to an extent, phthalates are all restricted in Canada and Europe, with Europe banning over 1,300 cosmetic chemicals to the United States’ 11. The evidence against these substances may not be definitive, but it’s there, and it’s growing. “I think that if we question an ingredient, don’t use it,” Ellis says. “If there’s a chance it could cause cancer, don’t use it. Don’t put it in your products. Use something else. Or require a warning label.”
But would a warning label make consumers pause before purchasing? Would it do anything to dismantle the deeply-ingrained, unattainable beauty standards the industry is built on?
“It’s really hard to pull that back,” Ellis admits. “When I was trying to detox my routine, I decided I was going to let my hair go gray, and be proud of my age, and do it for my daughter. And then I was going to London because Toxic Beauty was screening over there, and three days before I left I thought, ‘Oh my God, I can’t go to London looking like this!’ So I put $300 worth of chemicals on my head and off I went.”
As of January 28, Toxic Beauty is available to stream or rent on iTunes and Amazon.
Home Healthcare Market Is Anticipated to Reach USD 4,14,681 Million at a 8.1% CAGR By 2023
Jan 27, 2020 (AB Digital via COMTEX) -- Market Analysis
The Global Home Healthcare Market size is anticipated to touch USD 4,14,681.2 million at a 8.1% CAGR between 2017-2023, states the new Market Research Future (MRFR) report. Home healthcare, as the term suggests, is the medical care that is offered in the home of the patient. It can comprise broad care provided by skilled medical experts, including speech therapy, occupational therapy, physical therapy, and skilled nursing care. This can also include non-medical, skilled care such as assistance with day to day living or medical social services from highly qualified home health caregivers. The caregivers are highly trained to use the various home healthcare devices appropriately, effectively, and safely. Home healthcare services are more convenient, less expensive, and equally effective as that of the care a patient gets in a good nursing facility or a hospital. This form of healthcare helps patients to maintain their current level of function or condition, become self-sufficient, regain their independence, and get better.
Numerous factors are pushing the growth of the home healthcare market. Such factors, according to the new Market Research Future report, include increasing government initiatives to promote home healthcare services, intervention of advanced technologies such as artificial intelligence, rising powerful technical capabilities, proliferation of connected and smart devices especially smartphones, rising awareness about the advantages of home healthcare, and high levels of medical development. Additional factors propelling the growth of the home healthcare market include the increasing number of chronic diseases and lifestyle disorders, growing demand for cost-effective healthcare delivery systems, and the growing geriatric population.
On the contrary, lack of skilled medical experts, unfavorable healthcare reimbursement policies, patient safety concerns, and limited insurance coverage are factors that may limit the home healthcare market growth during the forecast period.
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Market Segmentation
The Market Research Future report offers a complete segmental analysis of the global home healthcare market based on product, services, and software.
By product, the global home healthcare market is segmented into testing, screening, & monitoring products, and therapeutic products. The testing, screening, and monitoring products are again segmented into blood glucose monitors, blood pressure monitors, Holter and event monitors, cholesterol monitoring devices, pulse oximeters, and heart rate monitors, sleep apnea monitors, and others. The therapeutic products are again segmented into IV equipment, insulin delivery devices, respiratory therapy equipment, wound care product, dialysis equipment, and others. Of these, testing, screening, and monitoring products will lead the market during the forecast period.
By services, the home healthcare market is segmented into infusion therapy services, pregnancy care services, respiratory therapy services, rehabilitation therapy services, and skilled nursing services. Of these, infusion therapy services will dominate the market during the forecast period.
By software, the home healthcare market is segmented into hospice solutions, telehealth solution, agency software, and clinical management systems. Of these, clinical management systems will have the largest share during the forecast period.
Regional Analysis
By region, the home healthcare market report covers the latest trends and growth opportunities across North America, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, North America will have the lion’s share in the market during the forecast period. Numerous factors are propelling the growth of the home healthcare market in the region, such as the presence of many leading players, growing awareness about the benefits of home healthcare services, increasing healthcare expenditures, and rising geriatric population.
The global home healthcare market in Europe will have the second-largest share in the market over the forecast period. Numerous factors are propelling the growth of the home healthcare market in the region, such as the presence of some leading players and a well-established healthcare sector, increasing healthcare expenditures, the resurging economy, advanced technologies, and funding support for research and development activities.
The global home healthcare market in the Asia Pacific region will grow at the fastest pace during the forecast period. Numerous factors are propelling the growth of the home healthcare market in the region, such as increasing awareness about the benefits of home healthcare services, increasing geriatric populace, and the rapid growth of the healthcare sector in China as well as India.
Key Players
Notable players profiled in the home healthcare market report include 3M (US), Apple (US), Kinnser Software (US), LG Electronics (South Korea), Medtronic PLC (US), Omron Corporation (Japan), Becton Dickinson Company (US), B. Braun Melsungen AG (Germany), McKesson Corporation (US), GE Healthcare (US), Abbott (US), Fresenius SE & Co KGaA (Germany), A&D Company (Japan), F. Hoffmann-La Roche AG (Switzerland), and Koninklijke Philips N.V. (The Netherlands).
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COMTEX_361109224/2555/2020-01-27T08:49:12
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