Global Household Cleaners Market will reach USD 33.00 Billion by 2022: Zion Market Research

According to the report, the global household cleaners market was valued at around USD 25.50 billion in 2016 and is expected to reach approximately USD 33.00 billion by 2022, growing at a CAGR of around 4.8% between 2017 and 2022.

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Sarasota, FL, Jan. 31, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Household Cleaners Market (Specialty Cleaners, Surface Cleaners, and Bleaches) by Application (Kitchen Cleaners, Floor Cleaners, Bathroom Cleaners, Fabric Care, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022”.  According to the report, the global household cleaners market was valued at around USD 25.50 billion in 2016 and is expected to reach approximately USD 33.00 billion by 2022, growing at a CAGR of around 4.8% between 2017 and 2022.

Household cleaners play a very important role in day to day activity. Besides plastic and synthetic fibers materials, household cleaners are chemical products that people come into contact with more frequently. The ingredients found in this class of products are also diverse, ranging from simple soap to proprietary formulations of petrochemical surfactants, solvents, and complexing agents.

Browse through 16 Market Tables and 17 Figures spread through 110 Pages and in-depth TOC on “Global Household Cleaners Market: By Product, Application, Type, Size, Share, Trends, Analysis, Segment and Forecast 2016 – 2022”.

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Household cleaners market is expected to exhibit high gains in light of increasing consumption of household cleaners coupled with increasing urbanization in developing countries, especially in Asia Pacific region. Moreover, increasing use of household cleaners as fabric refreshers and surface deodorizers is further expected to boost the demand for household cleaners. Moreover, large varieties of household cleaners available in the market at lower prices are expected to propel the market growth over the years to come. However, environmental issues associated with the harmful composition of household cleaners along with increasing competition from local manufacturers mostly in Asia Pacific region may impact the market growth. However, increasing research and development for development of eco-friendly products is expected to open up new growth avenues in the near future.

Some of the key products include specialty cleaners, surface cleaners, and bleaches. In terms of revenue, specialty cleaners segment was the largest segment and is expected to witness noticeable growth in the near future. Specialty cleaners segment held for more than 50% share of total household cleaners market. Specialty cleaners are used for sanitation cleaning and as a result of increasing sanitation standards in developing countries across Asia Pacific region, specialty cleaners market is expected to hold its market position during the forecast period. The surface cleaners segment is expected to register fastest growth rate during the forecast period. The bleach segment is expected to show stagnant growth as a result of the harmful composition of most bleaches.

Browse the full "Household Cleaners Market (Specialty Cleaners, Surface Cleaners, and Bleaches) by Application (Kitchen Cleaners, Floor Cleaners, Bathroom Cleaners, Fabric Care, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022" report at https://www.zionmarketresearch.com/report/household-cleaners-market

Household cleaners market can be categorized on the basis of application into kitchen cleaners, floor cleaners, bathroom cleaners, fabric care, and other household cleaners. Floor cleaners and bathroom cleaners segment dominated this market and it accounted for significant share of the overall market in 2016. Fabric care is expected to witness the fastest growth over the years to come.

North America’s dominance in the household cleaners market is expected to continue in the years to come, primarily driven by the U.S. market. North America accounted for over 30% share of total market share in 2016. Europe is the second largest market for household cleaners market. Both North America and Europe are expected to continue their dominance during the forecast period. However, both being mature markets in terms of product awareness, there are a limited number of new incremental growth opportunities for the household cleaners market in these regions.

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Asia Pacific is another key market in the global household cleaners market. Asia Pacific market is expected to grow at the highest CAGR during the forecast period. This growth is mainly attributed to strong economic growth coupled with increasing demand for household cleaners. Moreover, increasing urbanization and rising awareness about has led to increased supply of household cleaners’ products. China over the last decade has emerged as the largest consumer of household cleaners market. India was the second largest market in Asia Pacific in 2016. These two countries are expected to hold their market position during the forecast period.

Latin America is estimated to witness significant growth during the forecast period. Changing lifestyle and increasing urbanization especially in Brazil has, in turn, made the region a potential growth for household cleaners market. Latin America is another key region expected to exhibit substantial growth in the years to come. Middle East & Africa is also expected to show noticeable growth during the forecast period.

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Some of the key players operating in this market such as Henkel AG & Company KGaA, Godrej Consumer Products, S.C. Johnson & Son Inc., The Clorox Company Reckitt Benckiser Group plc, Bombril S.A, McBride, Kao Corporation, Church & Dwight Co. Inc., Colgate-Palmolive, Unilever, Procter & Gamble, Seventh Generation and others.

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This report segments the global household cleaners market as follows:

Global Household Cleaners Market: Product Segment Analysis

  • Specialty Cleaners
  • Surface Cleaners 
  • Bleaches

Global Household Cleaners Market: Application Segment Analysis

  • Kitchen Cleaners
  • Floor Cleaners
  • Bathroom Cleaners
  • Fabric Care
  • Others

Global Household Cleaners Market: Regional Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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