Household Cleaning Products Market Size to Grow USD 34640 Million by 2028 with a CAGR of 4.2% | Valuates Reports
BANGALORE, India, Nov. 17, 2022 /PRNewswire/ -- The Global Household Cleaning Products Market is Segmented by Type (Dishwashing Products, Surface Cleaners, Toilet Cleaners), by Application (Offline Sales, Online Sales) : Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Cleaning Services Category.
Due to the COVID-19 pandemic, the global Household Cleaning Products market size is estimated to be worth USD 34640 Million in 2021 and is forecast to a readjusted size of USD 34640 Million by 2028 with a CAGR of 4.2% during the review period.
Major factors driving the growth of the Household Cleaning Products market:
Increasing consumer awareness of the need for hygiene is expected to drive the growth of the Household Cleaning Products market. The industry demand is probably going to increase because of the ongoing improvements in the home cleaner sector. Consumers must practice good hygiene because it can cause a variety of health problems, including diarrhea, Buruli ulcers, and other conditions.
Additionally, the recent COVID-19 outbreak has accelerated the use of household cleaning products.
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TRENDS INFLUENCING THE GROWTH OF HOUSEHOLD CLEANING PRODUCTS MARKET:
One of the main factors propelling the growth of the household cleaner market is the increase in public awareness of the importance of maintaining a clean home. Additionally, the widespread availability of household cleaners in a variety of forms, including those with various smells, is projected to accelerate market growth. In addition, it is projected that shifting lifestyles, rising urbanization, preferences for preserving one's surroundings and personal hygiene, and indulgence in tidy and clean living quarters would spur Household Cleaning Products market expansion in the years to come.
The COVID-19 epidemic has caused a major increase in household cleaning products around the world because of growing consumer concerns about health and cleanliness. The demand for household cleaning products is expected to increase in the next few years as a result of increasing disposable income and increased urbanization, which are both driving significant infrastructure expansions. Additionally, a rise in consumer demand for environmentally friendly and sustainable household cleaning products is projected to open up new chances for this sector, which will considerably contribute to the Household Cleaning Products market growth over the course of the forecast period.
The demand for environmentally friendly cleaning solutions has increased in response to rising consumer worries about the environment and their own health. Organic products are anticipated to experience significant development in demand in the upcoming years due to the absence of dangerous chemicals and their stench. It is also anticipated that increasing investments by major players in the development of new eco-friendly products will increase Household Cleaning Products market sales.
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HOUSEHOLD CLEANING PRODUCTS MARKET SHARE:
Henkel, Procter & Gamble, SC Johnson & Son, and others are major participants in the global market for household cleaning goods. Over 55% of shares are held by Henkel and Procter & Gamble.
The three major markets—North America, Europe, and Asia-Pacific—comprise nearly 80% of global trade. Dollar Stores and supermarkets that provide steep discounts on cleaning supplies are more prevalent in North America. Additionally, the region's growing population of households is helping the market for household cleaning goods expand.
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Key Companies:
- Colgate-Palmolive
- Henkel
- Procter & Gamble
- Reckitt Benckiser
- Unilever
- Church & Dwight
- Kao
- Goodmaid Chemicals
- McBride
- SC Johnson & Son
- Quimi Romar
- Bluemoon
- Liby
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SIMILAR REPORTS:
- Pressure Washer Surface Cleaners Market
- Liquid Toilet Cleaner Market
- House Cleaning Services Market
- Homecare Cleaning Antimicrobial Ingredients Market
- Laundry Cleaning Products Market
- Surface Cleaning Products Market
- Household Cleaning Tools Market
- Cleanroom Consumables Market
- Household Vacuum Cleaner Market
- Clean Room Technology Market
- Ultraviolet (UV) Disinfection Equipment
- Automatic Self-Clean Toilet Seat Market
- Prefabricated Post and Beam Homes Market
- Leading Brands Decision to Develop Chips In-House and Its Industry Impact
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