Home Household machines Household Cleaning Products Market Size is Expected to Grow USD 34,640 Million by 2028 at a CAGR of 4.2%

Household Cleaning Products Market Size is Expected to Grow USD 34,640 Million by 2028 at a CAGR of 4.2%

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BANGALORE, India, November 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 Appreciate the 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 34,640 million in 2021 and is expected to reach a readjusted size of USD 34,640 million by 2028 with a CAGR of 4.2% during the reporting period.

Key Household Cleaning Products Market Growth Factors:

Rising 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 janitorial industry. Consumers should practice good hygiene as it can cause various health problems including diarrhea, Buruli ulcer and other ailments.

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

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TRENDS AFFECTING THE GROWTH OF HOUSEHOLD CLEANING PRODUCTS MARKET:

One of the major factors propelling the growth of the household cleaners market is the increased public awareness about the importance of maintaining a clean home. Additionally, the widespread availability of household cleaners in various forms including those with various odors is expected to accelerate the growth of the market. Furthermore, it is expected that changing lifestyles, increasing urbanization, preferences for preservation of one’s environment and personal hygiene, and indulgence in tidy and clean dwellings would stimulate the expansion of the household cleaning products market in the coming years.

The COVID-19 outbreak has caused a major surge 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 over the next few years due to increasing disposable income and increased urbanization, both of which lead to significant infrastructure expansion. Moreover, an increase in consumer demand for eco-friendly and sustainable household cleaning products is expected to open up new opportunities for this industry, which will significantly contribute to the growth of the household cleaning products market over the course of the forecast period.

The demand for environmentally friendly cleaning solutions has increased in response to growing consumer concerns about the environment and their own health. Organic products are expected to see a major development in demand in the coming years due to the absence of dangerous chemicals and their stench. Increase in investment by major players in the development of new environment-friendly products is also expected to increase the sales of the household cleaning products market.

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HOUSEHOLD CLEANING PRODUCTS MARKET SHARE:

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

The three main markets—North America, Europe, and Asia-Pacific — account for almost 80% of world trade. Dollar stores and supermarkets that offer deep discounts on cleaning supplies are more common in North America. Additionally, the growing population of households in the region is contributing to the expansion of the household cleaning products market.

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Key companies:

  • Colgate-Palmolive
  • Henkel
  • Procter & Gamble
  • Reckitt Benckiser
  • Unilever
  • Church and Dwight
  • Kao
  • Goodmaid Chemicals
  • McBride
  • SC Johnson & Sons
  • Quimi Romar
  • Blue Moon
  • Libya

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