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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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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