Published Date: December 7, 2021
According to a new research report by Global Market Insights Inc., the global Household Cleaning Tools & Supplies Market size is estimated to surpass USD 14 billion by 2027.
The increasing consumption of household cleaning tools & supplies is majorly supported by the increase in hygiene and safety requirements in households. Also, the augmented demand for new, improved, and sophisticated cleaning tools to save time and cleaning efforts has further boosted the market for household cleaning tools and supplies. Furthermore, the increasing usage and demand for eco-friendly cleaning products have positively impacted the supply and demand of cleaning tools and supplies in the market thus boosting the overall market development.
Further, the breakdown of the COVID-19 pandemic across the globe has majorly impacted the household cleaning tools and supplies demand. Cleanliness, sanitization, and hygiene are of topmost priority for every segment including household, commercial, and industrial spaces thus boosting the market for cleaning tools and supplies. Additionally, the rising number of luxuries household space with areas needing new and technologically advancement cleaning tools to maintain proper hygienic and cleaning routine has majorly supported the market growth. The demand for technologically advanced tools and supplies is also supported by its effectiveness to save time and efforts in hectic daily schedules.
According to market insights reports, gloves are the fastest growing product in the industry and is set to witness over 6.5% CAGR up to 2027. Increased use of gloves for cleaning applications of kitchen, toilets and bathrooms will fuel the product demand which will positively impact the growth of the market in the predicted time span. Gloves usage has been dramatically increased during the outbreak of COVID – 19 pandemics. They are highly recommended to be used in toilet cleaning application to prevent the spread of any infections. Furthermore, gloves are also majorly used in households as a shield for dry and cracked skin and chemical burns from harsh detergents and cleaning products thus supporting its demand in the global market.
“As per industry forecasts, gloves are forecast to witness a substantial growth of 6.5% at the end of 2027 owing to its increasing usage in household cleaning application”
Browse key industry insights spread across 155 pages with 175 market data tables & 25 figures & charts from the report, “Household Cleaning Tools & Supplies Market Size By Product (Cleaning brushes, Mops & brooms, Gloves, Wipes), By Application (Living room, Kitchen, Bedroom, Toilet), By Distribution Channel (Supermarkets/hypermarkets, Convenience stores, Online Stores), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/household-cleaning-tools-and-supplies-market
Kitchen application will witness a significant growth in household cleaning tools and supplies market with a share growth of more than 20% by 2027. Increasing concern for kitchen hygiene and proper sanitization, to stop the spread of germs and bacteria which can lead to serious health problems will proliferate product demand thus driving business growth in the predicted time frame. Kitchen is one of the highly used space of household with more bacterial contamination as compared to other areas hence the required frequent and effective cleaning thus proliferating the product demand. The growth of disinfectant wipes has been majorly witnessed in kitchen application for the cleaning of refrigerator surfaces, faucet and countertops will thus positively impacting the market growth,
“As per analysis, the household cleaning tools and supplies market from kitchen application is forecast to grow over USD 3.0 billion by 2027 owing to surging adoption and demand for effective cleaning tools”
Online stores to register a significant growth during the forecast period with a CAGR of 6% between 2021 to 2027. The online services sector has gained momentum in both developed and developing countries owing to its cost-effectiveness and faster accessibility. The increased popularity of online sales channels has created potential opportunities for segment growth. Furthermore, the arrival of COVID-19 pandemic has supported and motivated the online purchase system thus escalating the demand for household cleaning tools and supplies through online sales channel.
“As per analysis, the household cleaning tools and supplies market from online sales channel is forecast to grow over USD 450 million by 2027 due increasing preference of online shopping”
Europe region projected to show significant growth over the forecasted period and anticipated to reach over USD 3.4 Billion by 2027. Increasing heath related diseases has escalated the need for better hygiene, cleanliness, and sanitization thus driving the market for household cleaning tools and supplies. COVID - 19 pandemic has majorly restricted people to their houses thus boosting the need for clean and safe environment which in turn has supported the market for technologically advanced cleaning tools and supplies. Furthermore, various health awareness campaigns launched by Europe government will positively impact the sale of household cleaning tools and supplies.
Major industry players include Freudenberg SE, 3M, The Procter & Gamble Company, Mop and Broom, Unger Global, and Newell Brands. The key strategies observed among the industry participants includes new product development, acquisition, and collaboration.
Kunal Ahuja, Tushar Malkani