Market Size For Household Cleaning Products To Grow USD 34640 Million By 2028 At A CAGR Of 4.2%

Bangalore, India, November 17, 2022 /PRNewswire/ — The Global market for household cleaning products 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 Values ​​reports below the Cleaning services Category.

Due to the COVID-19 pandemic, the global market size of Household Cleaning Products is estimated at a value $34640 million in 2021 and is expected to have an adjusted size of $34640 million by 2028 with a CAGR of 4.2% over the assessment period.

Major Factors driving the growth of the Household Cleaning Products market:

Increasing consumer awareness about the need for hygiene is expected to drive the growth of the household cleaning products market. Industry demand is likely to increase due to continued improvements in the household cleaning products industry. Consumers should practice good hygiene as it can cause a variety of health problems including diarrhea, Buruli ulcers and other ailments.

In addition, the recent outbreak of COVID-19 has accelerated the use of household cleaning products.

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TRENDS DRIVING THE GROWTH OF HOUSEHOLD CLEANING PRODUCTS MARKET:

One of the major factors driving the growth of the household cleaning products market is the rise in public awareness of the importance of maintaining a clean home. Moreover, the widespread availability of household cleaning products in various forms, including those with different fragrances, is expected to accelerate the market growth. Moreover, changing lifestyles, increasing urbanization, preferences for preserving one’s environment and personal hygiene, and indulgence in neat and clean living spaces are predicted to drive the growth of the household cleaning products market in the coming years.

The COVID-19 epidemic has led to a major increase in household cleaning products around the world due to growing consumer concerns about health and cleanliness. The demand for household cleaning products is expected to increase in the coming years due to rising disposable income and increasing urbanization, both leading to significant infrastructure expansions. Moreover, an increase in consumer demand for eco-friendly and sustainable household cleaning products is expected to open up new opportunities for this sector, contributing significantly to the growth of the household cleaning products market over the forecast period.

The demand for eco-friendly cleaning solutions has increased in response to consumers’ increasing concerns about the environment and their own health. The demand for organic products is expected to increase significantly in the coming years due to the absence of hazardous chemicals and their stench. Increased investment by major players in the development of new environmentally friendly products is also expected to increase sales in the household cleaning products market.

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MARKET SHARE HOUSEHOLD CLEANING PRODUCTS:

Henkel, Procter & Gamble, SC Johnson & Son and others are major players in the global household cleaning supplies market. More than 55% of the shares are owned by Henkel and Procter & Gamble.

The three main markets: North America, Europe, and Asia-Pacific – represent nearly 80% of world trade. Dollar stores and supermarkets that offer hefty discounts on cleaning supplies are more common in North America. In addition, the growing population of households in the region is helping to expand the market for household cleaning products.

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Key companies:

  • Colgate-Palmolive
  • handle
  • Proctor & Gamble
  • Reckit Benckiser
  • Unilever
  • Church & Dwight
  • As
  • Goodmaid Chemicals
  • McBride
  • SC Johnson & Son
  • Rosemary chemistry
  • Blue Moon
  • Libyan

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