Rising laundry care prices will continue to be an issue for families as the strain on household expenditure brought about by the COVID-19 pandemic continues in the forecast period. The higher price of laundry care will mean families focus on affordability with many buying the most indispensable items that deliver convenience.
Retail volumes will achieve a steady pace of growth in the forecast period as demand for basic laundry products stabilises post-pandemic. By comparison, value growth will slow before declining in the latter half of the forecast period.
Domestic companies operating in in laundry care are expected to see promising growth in the coming years driven by new product development and retail expansion. For example, Prossquimm Industria y Comercio Srl with its brand Simplex has already introduced new products in both the modern and traditional retail channels.
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Understand the latest market trends and future growth opportunities for the Laundry Care industry in Bolivia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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This is the aggregation of laundry detergents, fabric softeners, carpet cleaners and laundry aids.See All of Our Definitions
This report originates from Passport, our Laundry Care research and analysis database.
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