Apparel Dry Wash Sprays Market Is Projected To Reach A Value Of US$ 8,913.1 Million By 2034
According to a new study by Fact.MR, a market research and
competitive intelligence provider, the global Apparel Dry Wash Spray
Market is estimated to be valued at US$ 5,420.0 million in 2024. The
market is projected to grow at a 5.1% CAGR through 2034. The market is
projected to reach a valuation of US$ 8,913.1 million by 2034.
A rising number of people are struggling to come by for full
laundry processing of clothes. Thus, a convenient and efficient product like
apparel dry wash spray is capturing the attention of consumers. The
proliferation of dry cleaning solutions is also boosting the market.
For More Insights into the Market, Request a Sample of
this Report:
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Key Segments of Apparel Dry Wash Spray Industry
Research Report
The tendency of dry wash sprays to be easier on the fabric as well as being
more effective in removing oil stains is driving the product demand over
traditional washing methods. Thus, apparel dry wash sprays are earning a
positive reputation in the market.
However, machine washing continues to hold sway in the
market. Customers have grown accustomed to it and are less enthusiastic about
switching to dry solutions like apparel dry wash spray. The aversion towards
material used in the making of conventional apparel dry wash sprays is another
hindrance to the market’s progress. Thus, the market players have challenges to
contend with going forward.
“Manufacturers are shifting their focus on the
production of organic/natural apparel dry wash sprays. This is expected to
drive the market forward as consumer awareness of eco-friendly products is
increasing,” says a Fact.MR analyst.
Key Takeaways from the Market Study
- The
global apparel dry wash spray market is projected to expand at a CAGR of
5.1% through 2034.
- The East
Asia apparel dry wash spray market is expected to grow at a CAGR of 6.4%
from 2024 to 2034.
- The
apparel dry wash spray industry is expected to register a CAGR of 6.6% in
Japan over the forecast period.
- The
apparel dry wash spray industry in South Korea is expected to rise at a
CAGR of 8.4% through 2034.
- Based
on nature, conventional apparel dry wash sprays lead the market, with an
expected market share of 74.4% in 2024.
Competitive Dynamics
The market for apparel dry wash sprays exhibits competition
between multinational giants and local players, providing consumers with both
cost-effective and innovative solutions. Sustainability is a key consideration
for many players, leading to a shift towards eco-friendly practices and the use
of organic ingredients.
Innovation and Sustainability Are Major Concerns for
Market Players
Major companies in the market are concentrating on coming up
with innovative products. Sustainability is also a key concern for market
players. Some of the prominent companies in the market are Procter &
Gamble, Unilever, Henkel AG & Co. KGaA, and Kao Corporation.
Recent Advances in the Apparel Dry Wash Spray Market:
- In
2019, Love Home and Planet introduced a new dry wash spray designed to
eliminate wrinkles from clothes, emphasizing its 100% vegan composition.
- In
2016, Henkel AG & Co. successfully acquired The Sun Products
Corporation, further solidifying its dominant position in the market
through strategic acquisitions.
Read More:
https://www.factmr.com/report/apparel-dry-wash-spray-market
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