Report ID: SQMIG25AE2003
Report ID:
SQMIG25AE2003 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|
Tables:
65 |
Figures:
75
Global Household Cleaning Products Market size was valued at USD 235.76 billion in 2019 and is poised to grow from USD 246.13 billion in 2023 to USD 362.64 billion by 2031, growing at a CAGR of 4.4% in the forecast period (2024-2031).
Cleaning products are crucial to our daily lives because they keep us healthy by removing allergens, pollutants, and bacteria. They also help stop the transmission of infectious diseases and viruses. They serve as an appropriate replacement for bleaches and disinfectants that irritate the skin and create allergies. The household cleaning products market is being driven, among other things, by the rise in improved living standards and rising urbanization, as well as the rise in toilet cleaner demand and the expansion of R&D for the introduction of environmentally friendly products. Additionally, the increase in demand from developing nations will open up new potential for the hiking clothing and equipment industry. Over the projected period, however, it is projected that the easy access to less expensive cleaning products relative to branded ones, as well as the rising usage of hazardous chemicals and the rise in environmental concerns, will impede corporate growth.
US Household Cleaning Products Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG25AE2003