The cleaning and hygiene product market is surging, driven
by hygiene awareness, environmental concerns, and stricter
regulations on safe and sustainable products. The COVID-19
pandemic's focus on hygiene adds further momentum, despite
challenges. Explore the market drivers, competitors, and key
players' market share in our Sample Report.
NEWARK, Del. , April 25,
2024 /PRNewswire/ -- The cleaning and
hygiene product market is predicted to be valued at
US$ 164.8 billion by 2024. The
market valuation is estimated to be US$
305 billion by 2034, projected at a CAGR of
6.3%.
Download the Sample PDF report to explore key market
insights and trends:
https://www.futuremarketinsights.com/reports/sample/rep-gb-19534
Compliance with safety, environmental, and labeling standards is
important for market access and consumer trust. Evolving
regulations regarding ingredient disclosure and sustainability
drive innovation and influence product formulations.
With the surge in consumer awareness of environmental issues,
there is a rise in demand for biodegradable formulations,
refillable packaging, and energy-efficient appliances. The COVID-19
pandemic has heightened awareness of hygiene, spurring demand for
disinfectants and sanitizers.
Counterfeit products and brand imitations undermine consumer
trust and brand reputation. Supply chain disruptions, whether due
to natural disasters or geopolitical tensions, also threaten market
stability and product availability.
Report Scope
Attributes
|
Details
|
Estimated Market
Size in 2024
|
US$ 164.8
billion
|
Projected Market
Valuation in 2034
|
US$ 305
billion
|
Value-based CAGR
2024 to 2034
|
6.3 %
|
Forecast
Period
|
2024 to 2034
|
Historical Data
Available for
|
2019 to 2023
|
Market
Analysis
|
Value in US$
billion
|
Key Market Segments
Covered
|
By Product:
- Abrasives
- Acids
- Bleaches
- Detergents & Degreasers
- Sanitizers
- Others
By Application:
- Toilet
- Kitchen
- Floor
- Surface
- Laundry
- Hand/Personal Care
- Others
By End User:
- Household
- Commercial
-
- Hospitals & Healthcare
- Hospitality
- Food Service
- Cruise Ships
- Building Service Contractors
- Retail Stores
- Institutional
- Commercial Laundry
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa
|
Key Countries
Profiled
|
- The United States
- Canada
- Brazil
- Mexico
- Germany
- The United Kingdom
- France
- Spain
|
- Italy
- Russia
- Poland
- Czech Republic
- Romania
- India
- Bangladesh
- Australia
|
- New Zealand
- China
- Japan
- South Korea
- GCC countries
- South Africa
- Israel
|
Key Companies
Profiled
|
- Adjacent Study on Cleaning and Hygiene
Product Market, Household Cleaning Products Market, Smart Cleaning
and Hygiene Market
- North America Cleaning and Hygiene Product
Market
- Cleaning and Hygiene Product Market Size,
Current Insights, and Demographic Trends
- Personal Hygiene Products Market
- Key Opportunities of the Global Cleaning and
Hygiene Product Market
|
Key Takeaways from the Market Study
- Based on top, the detergents and degreasers segment is
registered at a CAGR of 6.1% by 2034
- The United States is expected
to register at a CAGR of 6.6% by 2034.
- The United Kingdom registers
significant growth, projected at a CAGR of 7.6% by 2034.
- Based on end user, the household segment is forecasted at a
CAGR of 5.9% by 2034.
"The consumers prioritize their health and well-being and are
inclined to invest in products that help them maintain a clean and
hygienic living environment. The upsurge in awareness propels the
demand for a wide range of cleaning and hygiene products, inclusive
of disinfectants, sanitizers, and antibacterial cleaners," says
Sneha Varghese (Senior
Consultant, Consumer Products & Goods at Future Market
Insights, Inc.)
Competitive Landscape
The competitive landscape of the cleaning and hygiene product
Market features multinational giants like Procter &
Gamble, Unilever, and Reckitt, dominating with
extensive product lines and global reach.
Niche players thus tend to thrive, offering specialized
solutions. Innovation, brand recognition, and regulatory compliance
are key factors shaping competition in this dynamic market.
Some of the key developments are:
- In March 2023, Samsung introduced
the Bespoke Jet and Robotic Jet Bot+ robotic vacuum cleaners in
India. It features a powerful
Digital Inverter Motor with 210W suction, which runs for up to two
hours continuously.
- In February 2023, Ecoppia
unveiled an innovative waterless robotic cleaning solution with a
helix design to prevent heavy dust accumulation. Its microfiber
dusters clean vertically in a spiral motion.
Purchase now and gain full access to
the Cleaning and Hygiene Product Industry report, featuring
comprehensive Market Forecast, Company Share Analysis, Competition
Intelligence, DROT Analysis, Market Dynamics and Challenges, and
Strategic Growth Initiatives.
More Valuable Insights Available
Future Market Insights offers an unbiased global cleaning and
hygiene product market analysis, providing historical data from
2019 to 2023 and forecast statistics from 2024 to 2034.
To understand market opportunities, the Cleaning and Hygiene
Product market is segmented based on Product (Abrasives, Acids,
Bleaches, Detergents & Degreasers, Sanitizers, Others),
Application (Toilet, Kitchen, Floor, Surface, Laundry,
Hand/Personal Care, Others), End-user [Household, Commercial
(Hospitals & Healthcare, Hospitality, Food Service, Cruise
Ships, Building Service Contractors, Retail Stores, Institutional,
Commercial Laundry)], and Region (North
America, Latin America,
Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa).
About the Consumer Product Division at Future Market
Insights
The consumer product team at Future Market Insights offers
expert analysis, time-efficient research, and strategic
recommendations to provide authentic insights and accurate results
to help clients worldwide. With over 100+ reports and one billion+
data points, the team has analyzed the industry lucidly in 50+
countries for over a decade. The team briefly analyzes key trends,
including competitive landscape, profit margin, and research
development efforts.
About the Author:
Sneha Varghese (Senior
Consultant, Consumer Products & Goods) has 6+ years of
experience in the market research and consulting industry. She has
worked on 200+ research assignments pertaining to Consumer Retail
Goods.
Her work is primarily focused on facilitating strategic
decisions, planning and managing cross-functional business
operations, technology projects, and driving successful
implementations. She has helped create insightful, relevant
analysis of Food & Beverage market reports and studies that
include consumer market, retail, and manufacturer research
perspective. She has also been involved in several bulletins in
food magazines and journals.
Explore FMI's Extensive Coverage in the Consumer Products
Domain:
- Household Care Wipes Market Forecast by Product Types
for 2023 to 2033. – Review and Request to Access the Sample Report.
– Review and Request to Access the Sample Report.
- Household Appliances Market by Product, Distribution
Channel & Region | Forecast 2023 to 2033. - Review and
Request to Access the Sample Report.
- Household Water Dispensers Market Analysis by Cooling
and Heating Dispensers and Cooling Dispensers, 2023 to 2033. -
Review and Request to Access the Sample Report.
- Household Robot Market Forecast by Product and Services
from 2024 to 2034. - Review and Request to Access the Sample
Report.
- Houseware Market by Consumer Kitchen Appliances and
Bathroom Essentials from 2024 to 2034. - Review and Request to
Access the Sample Report.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading market intelligence
and consulting service provider, serving clients in over 150
countries. FMI is headquartered in Dubai and has delivery centers in the
UK, the U.S., and India. FMI's
latest market research reports and industry analysis help
businesses navigate challenges and make critical decisions with
confidence and clarity amidst breakneck competition. Our customized
and syndicated market research reports deliver actionable
insights that drive sustainable growth. A team of expert-led
analysts at FMI continuously tracks emerging trends and events in a
broad range of industries to ensure that our clients prepare for
the evolving needs of their consumers.
Contact Us
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware -
19713, USA
T: +1-845-579-5705
For Sales
Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
Logo:
https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg
View original
content:https://www.prnewswire.com/news-releases/global-cleaning-and-hygiene-product-market-is-set-to-surge-at-a-cagr-of-6-3-until-2034--future-market-insights-inc-302127362.html
SOURCE Future Market Insights