The recovery of the economy, supported by price stabilisation, will drive sales growth across the forecast period. New entrants are expected to launch on the landscape, with many having postponed entering during the review period due to the unfavourable economic situation and high inflation.
The rise in employment of Generation Z and millennials positively impacts laundry care across the forecast period. Due to busy lifestyles, these consumers will increasingly seek convenience, driving demand and increasing sales of washing machines.
Handwash detergents and bar soap will continue to be major products in laundry care over the forecast period. As a result, players will focus innovation on this product area and will look to improve the quality/price ratio, as well as potentially focusing on more environmentally friendly features, as consumers become increasingly aware of the dangers caused by climate change.
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Understand the latest market trends and future growth opportunities for the Laundry Care industry in Nigeria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Laundry Care industry in Nigeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Laundry Care
This is the aggregation of laundry detergents, fabric softeners, carpet cleaners and laundry aids.
See All of Our DefinitionsThis report originates from Passport, our Laundry Care research and analysis database.
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