Washing and Cleaning Products Market accounted for US$ 80.23 billion in 2020 and is estimated to be US$ 133.95 billion by 2030 and is anticipated to register a CAGR of 5.30%. Washing and cleaning goods are liquids, powders, sprays, or granules that are used to remove debris from surfaces, such as dust, stains, foul odours, and clutter. Cleaning agents are often acidic, alkaline, or neutral, depending on the use. Acidic washing chemicals are mostly used to remove deposits like scaling. Strong mineral acids and chelates are usually the active components. Strong bases, such as sodium hydroxide, are used in alkaline washing and cleaning products to dissolve deposits made up of oil, grease, fats, and proteins. Neutral cleaning products, on the other hand, have a neutral pH value and are made up of various ionic compounds that are used to clean various sorts of grime.
The report " Global Washing and Cleaning Products Market, By Application (Sanitation & Janitorial Cleaning Products, Industrial Cleaners, Kitchen & Catering Cleaning Agents, Food & Dairy Processing Cleaners, Laundry Agents, Pulp & Paper, Chemical Processing, Agrochemicals, and Others), By End-user (Manufacturing Units, Food & Lodging, Building Service Contractors, Food & Drinks Processing Units, Retail, Healthcare, and Others Commercial Facilities), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030’’
Key Highlights:
- Godrej Consumer Products developed Godrej ProClean in December 2020, which has three applications: toilet cleansers, bathroom cleaners, and surface cleaners.
Analyst View:
The rise in population and growing usage patterns, as well as a higher concern for hygiene, are driving global demand for washing and cleaning goods in the market. For the most part, cleaning without the use of detergents or soaps might be time consuming. As a result, goods that make the process simple, quick, and to a high standard are preferred. Consumers, on the other hand, are more likely to pay for such items. Other reasons boosting the market for washing and cleaning products include increased awareness of personal hygiene, increased attention on community hygiene, and growing worry about the transmission of infectious illness. Concerns about meeting the safety, social, and self-actualization needs of people by allowing safe food storage and sterilising household items are growing.
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Key Market Insights from the report:
Global Washing and Cleaning Products Market accounted for US$ 80.23 billion in 2020 and is estimated to be US$ 133.95 billion by 2030 and is anticipated to register a CAGR of 5.30%. The global washing and cleaning products market is segmented based on application, end-user, and region.
- Based on Application, Global Washing and Cleaning Products Market is segmented into Sanitation & Janitorial Cleaning Products, Industrial Cleaners, Kitchen & Catering Cleaning Agents, Food & Dairy Processing Cleaners, Laundry Agents, Pulp & Paper, Chemical Processing, Agrochemicals, and Others.
- Based on End-User, Global Washing and Cleaning Products Market is segmented into Manufacturing Units, Food & Lodging, Building Service Contractors, Food & Drinks Processing Units, Retail, Healthcare, and Others Commercial Facilities.
- By Region, the Global Washing and Cleaning Products Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Global Washing and Cleaning Products Market:
The key players operating in the global washing and cleaning products market includes Henkel KGaA, Colgate-Palmolive Company, The Dial Corporation, Reckitt Benckiser Plc, Procter & Gamble Co., The Clorox Company, Church & Dwight, and Unilever N.V.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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