Share this article
Share this article
ResearchAndMarkets.com s offering.
China s household care market is forecasted to reach US$26.9 billion in 2025, representing growth at a CAGR of 8.4% for the period spanning from 2021-2025.
The factors such as rapid urbanization, increasing personal disposable income, improvement in consumer confidence, changing lifestyle habits and growing preference of personalized soaps are expected to drive the market.
However, growth of the industry would be challenged by high competitive pressure, retail consolidations and quality control. Few notable trends include high demand for premium products and technological innovations. In 2020, the outbreak of COVID-19 pandemic has created a favorable impact on the market as the great lockdown has raised the demand of household care products.
Autovermieter zieht auf Peiner Speditionsgelände
paz-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paz-online.de Daily Mail and Mail on Sunday newspapers.
Petra Höfer
leadersnet.at - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leadersnet.at Daily Mail and Mail on Sunday newspapers.
SAP-News: Gehts mit dieser Kooperation nach oben?
boersennews.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boersennews.de Daily Mail and Mail on Sunday newspapers.