March 29, 2022
According to the business intelligence report titled ‘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 Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, household cleaning tools and supplies market is slated to garner strong returns through 2027.
Conclusive findings by experts elucidate that growing consumer inclination towards maintaining hygiene is augmenting household cleaning tools and supplies market growth. Further, significant rise in usage of microfiber mops, and constant innovations in brooms and mops will likely improve the overall demand in the forthcoming years.
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Besides, the onset of the Covid-19 pandemic has contributed significantly to industry development as lockdown mandates compelled people to remain indoors and prioritize cleanliness and hygiene to keep infection at bay, thereby increasing the demand for cleaning tools and supplies.
However, challenges associated with consumer retention and rapid product upgrades may inhibit market expansion over the forecast period.
Moving on to segmentation, based on product type, the wipes sub-segment is expected to accumulate a sizable valuation during the study period, attributable to escalating demand for antibacterial and disinfectant wipes for maintaining health and hygiene.
Meanwhile, the demand for other cleaning tools like sponges, scrappers, cloth and dustpans is expected to increase by a significant margin to collectively reach USD 280 million by the forecast period-end.
Speaking of application scope, the household cleaning tools and supplies market is fragmented into living room, kitchen, bedroom, toilet and others. The living room sub-segment amounted for a substantial valuation in 2020 and is anticipated to grow at a robust pace during the evaluation period, creditable to augmented utilization of mops, dust pans, brooms, and cleaning tools in the living room area which is a host to sufficient bacterial growth and diversity.
With regards to distribution channel, the others sub-segment, which includes retail, independent and specialty stores, is likely to amass a valuation of USD 750 million by 2027.
From a geographical viewpoint, Latin America currently captures 8% of the industry revenue share and is anticipated garner strong gains during the analysis timeline. Meanwhile, the market in MEA region is expected to capture a significant market share through the forecast timeframe due to growing disposable income and improved economic standards.
Major contenders in household cleaning tools and supplies business landscape are Alfred Karcher GmbH & Co. KG, Emsco Group, Inc., Procter & Gamble Company, Andree Jardin, Newell Brands, 3M Company, Techtronic Industries Company Ltd., Unger Germany GmbH, and Fruedenberg Group.