Household Cleaners Market To Grow With Impressive CAGR During the Forecast Period
Increasing prevalence of infectious
diseases to drive the growth of Global Household Cleaners Market in the
forecast period, 2022-2026.
According
to TechSci Research report, “Global Household Cleaners
Market By Product Type (Floor
Cleaners, Glass Cleaners, Laundry Cleaners, Dishwashing & Kitchen Cleaners,
Toilet Cleaners, Others), By Distribution Channel (Supermarket/Hypermarket,
Departmental Store, Online, Others), By Region, Competition Forecast &
Opportunities, 2026”,
the global household cleaners market is anticipated to project the robust
growth with an impressive CAGR in the forecast period, 2022-2026 on account of
technologically advanced products, responsible for maintaining the healthy and
hygienic environment. Moreover, the rise in general awareness among the
population regarding bacteria, germs and allergens infesting the homes is one
of the major drivers of the market. Furthermore, increase in awareness
regarding personal hygiene and cleanliness in on account of the spread of the
coronavirus disease, which has created a sudden surge in the demand for household
cleaners to ultimately support the growth of the global household cleaners
market. Factors like rapid urbanization along with the significant developments
in the infrastructure resulting in the large number of residential projects,
associated with the rapid association are expected to fuel the market growth in
the forecast period until 2026. Also, rise in the disposable income and changes
in the lifestyles of the consumers along with the high demand for eco-friendly
and sustainable household products are expected to support the growth of the
global household cleaners market in the forecast years from 2022 to 2026.
However,
rising instances of chemical and toxic products is affecting the market growth for
a long run. Market players may focus on the research and development of the
technologically advanced and more efficient products to meet the surging demand
for household cleaners in the next five
years.
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Market"
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The
global household cleaners market is segmented by product type, distribution
channel, competitive landscape, and regional distribution. Based on product
type, the market is further bifurcated into floor cleaners, glass cleaners,
laundry cleaners, dishwashing & kitchen cleaners, toilet cleaners, and others.
Floor cleaners are anticipated to hold the largest share of the market in the
forecast years on the account of improved household spending, and increased
consumer awareness towards household hygiene. Moreover, technical advancement
in the devices and cleaning products is getting customer inclined towards the
modern products thereby supporting the market growth in the forecast period
until 2026. Floor cleaners are available in various forms like powdered,
liquid, or gel detergents. That often claim to clean the surface by killing
99.9% germs and microbial organism. For the application, the products are often
available in various formats like trigger sprays, aerosol cans, and in
pump-actuated bottles. Also, ecofriendly cleaners are driving the attention of
the consumers thus supporting the growth of the global household cleaners
market in the upcoming five years.
Holding
the market shares are a partial list of major market players that includes,
Godrej Consumer Products Limited, Henkel AG & Co. KGaA, S. C. Johnson &
Son, Inc., The Clorox Company, Reckitt Benckiser Group plc, Colgate-Palmolive
Company, Unilever PLC, Procter & Gamble Corporation, Seventh Generation
Inc., Amway India Enterprises Pvt. Ltd., among others. The market players are
actively involved in the research and development of the products to bring the
latest technology and the innovative products to the consumers. This is
indirectly attracting more consumers who are interested in modern technology
applications. This is one of the major drivers for the market growth until
2026.
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“North America is anticipated to be the
most promising region for the growth of the market. The region supports a high
surge in the demand for chemical free surface cleaners. With the extremely well
advanced healthcare industry, the government has created enough awareness among
the citizens regarding hygiene and the healthy environment and the need for
keeping the environment clean to abolish infectious diseases. Although
Asia-Pacific is anticipated to register the fastest growth in the next five
years due to the widespread COVID-19 pandemic. The pandemic has increased the
awareness and thus the rapid growth in the market. Moreover, there is a rapid
change in the living standards and rise in urbanization in developing countries
such as India and China, that is anticipated to drive rapid growth in the
market in the next five years,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Global Household
Cleaners Market By Product Type (Floor Cleaners, Glass Cleaners, Laundry Cleaners,
Dishwashing & Kitchen Cleaners, Toilet Cleaners, Others), By Distribution
Channel (Supermarket/Hypermarket, Departmental Store, Online, Others), By
Region, Competition Forecast & Opportunities, 2026”, has evaluated the future
growth potential of global household cleaners market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global household cleaners market.
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