Companies selling home care detergents – that make for a 4.6% growth market, are often subsidiaries of larger consumer and household product groups. Here is consideration of Henkel AG (HEN:GR) which sells detergents for around 25 billion wash loads per year. Within the same industry, beauty care is seen growing 2% while adhesive technologies will increase 3.7% helping liquids and powder brands.
Henkel AG & Co. KGaA headquartered in Germany manufactures soaps, skin care products, hair dye, perfumes, detergents, dish-washing liquids, glass cleaners, and surface treatments. In addition, the company produces chemical products such as wallpaper adhesives, roofing products, plastic bottles, and corrosion inhibitors – for industrial, commercial, and consumer markets.
Henkel (www.henkel.com) shares are trading at 91 euro, up +1.77% to date and in the middle of a two-month range from 115.75 to 72.02 euro. Its market value is 37.11 million euro.