Cleaning and Hygiene Products Market Size/Share Projected to Reach USD 234.05 Billion By 2032, at 6.1% CAGR Increase: Polaris Market Research
The global cleaning and hygiene products market size and share is currently valued at USD 137.96 billion in 2023. It is anticipated to generate an estimated revenue of USD 234.05 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 6.1% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024-2032. In 2023, detergents & degreasers emerged as the largest segment owing to widespread application in household chores, industrial environments, automotive maintenance, and commercial spaces.
New York, NY, Feb. 02, 2024 (GLOBE NEWSWIRE) — The latest research report [115+] pages with 360-degree visibility, titled “Cleaning and Hygiene Products Market Share, Size, Trends, Industry Analysis Report, By Type (Detergents & Degreasers, Bleaches, Sanitizers, Abrasives, Others); By Application; By End Use; By Region; Segment Forecast, 2024- 2032″ published by Polaris Market Research in its research repository.
The global cleaning and hygiene products market size and share is currently valued at USD 137.96 billion in 2023. It is anticipated to generate an estimated revenue of USD 234.05 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 6.1% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024-2032.
Market Definition
- What are Cleaning and Hygiene Products? How Big is Cleaning and Hygiene Products Market Size & Share?
Chemicals utilized in cleaning commodities such as laundry detergents, bleaches, dishwashing commodities, and alternate everyday cleaners can assist in enhancing cleaning efficacy and hygiene in houses, workplaces, and alternate domains. The rapidly rising demand for cleaning and hygiene products market can be attributed to antibacterial cleansers that assist in terminating germs, chlorinated scrubbing products that assist in safeguarding against the flu and food-related diseases, and cleaning purifiers that assist in disintegrating greases and oils and frequently have superior biodegradability. The Federal Hazardous Substances Act needs protective labeling on the repository of any consumer commodity that causes a possibility of damage to assist consumers in securely reserving and utilizing those commodities and to offer facts about instant initial assistance measures to administer if an accident occurs.
The cleaning and hygiene products market growth can be attributed to the fact that it encounters strong development pushed by growing global health issues. Current health calamities have underscored the significance of sustaining cleanliness and hygiene globally. This enhanced consciousness causes a growth in demand for reliable and productive hygiene commodities covering households, commercial arrangements, and public zones.
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- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis.
Cleaning and Hygiene Products Market Key Companies:
- Beiersdorf AG
- Church & Dwight Co., Inc.
- Clorox Company
- Colgate-Palmolive Company
- Diversey Holdings, Ltd.
- DowDuPont
- Ecolab Inc.
- Henkel AG & Co. KGaA
- Kao Corporation
- Kimberly-Clark Corporation
- McBride plc
- Procter & Gamble
- Reckitt Benckiser Group plc
- S.C. Johnson & Son, Inc.
- Unilever
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Key Highlights
- Current health calamities have underscored the significance of sustaining cleanliness and hygiene globally, which is pushing the market exponentially.
- The cleaning and hygiene products market analysis is primarily segmented based on type, application, end-user, and region.
- Asia Pacific dominated the market in 2023.
Market Developments
- Growth Drivers:
Growing urbanization: The market growth is pushed by urbanization and changing lifestyles. The surge in urban populace characterized by compendious living and hectic schedules creates an escalated demand for agreeable and multifaceted household cleaning commodities. The gaining momentum of expeditious lifestyles underscores the requirement for attainable and productive hygiene products. The cleaning and hygiene products market size is expanding as the makers answer with innovative solutions intended for urban living, notably influencing the market’s uphill trend. This highlights the important part these commodities play in adjusting to contemporary living ambiance configured by altering demographics and urban advancement.
Individual and ecological health: A growing consciousness of health and sanitation pushes the cleaning and hygiene product market. Energized by global health worries, consumers organize wellness, causing an escalated demand for hygiene commodities. The cleaning and hygiene products market sales are soaring as there is an enhanced stress on individual and ecological health especially in the aftermath of current pandemics. Inventions earmarking in progressing health worries both in households or commercial arrangements translate into growing demand for impactful cleaning solutions coagulating the market’s augmentation.
- Industry Trends:
Focus on contemporary solutions: The firms functioning in the market are focusing on advancing contemporary solutions to serve escalating market demand. For instance, in November 2022, Reckitt and Essity collaboratively revealed a panel of co-branded sanitization commodities customized for executive hygiene consumers. This alliance influences the robustness of their Dettol, Sagrotan, and Tork brands and is established to be inaugurated across four European nations, namely The UK, Ireland, Germany, and Austria. The co-branded commodity scope involves an anti-bacterial adaptable cleaner spray, antimicrobial foam soap, and a hand sanitizer gel intended for usage with Tork administrators.
Growing environmental awareness: The cleaning and hygiene products market is experiencing a notable alteration pushed by an increasing concentration on justifiability. A growing environmental awareness gives rise to consumers to press ecological cleaning solutions, captivating manufacturers to generate commodities with decreased ecological influence. This move includes comprising green ingredients and eco-friendly packaging. Firms are reframing their commodities to meet the demand for accountable intake. Acceptable progression in cleaning induces an environmentally conscious market evaluating potency with green accountability.
- Restraints
The market encounters notable defiance proceeding from executive intricacies and deference caliber. Strict directives demand diligent conformity, pushing up production prices for makers. Deference obstacles frequently need substantial testing and evidence retarding commodity advancement cycles. Stringent instructions bordering element declaration and security additionally translate into market restrictions.
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Segmentation Overview
- Detergents and Degreasers Segment Witnessed a Sharp Rise
Based on type, the detergents and degreasers segment witnessed a sharp rise. The cleaning and hygiene products market demand is on the rise as this is due to them being necessary cleaning products that are meant to separate oil, sludge, and muck from several facets. While degreasers concentrate on dividing through and banishing greasy remainders, detergents utilize emulsifiers to liquefy and abolish sludge. These cleaning commodities are important for an assortment of chores in the home, office, vehicle restoration, and commercial surroundings. Utilized for floor care, dishwashing, or robust industrial degreasing, these commodities are meticulously mingling to offer productive and robust cleaning solutions considerably helping in sustaining hygienic situations in varied environments.
- The Laundry Segment Dominated the Market
Based on application, the laundry segment dominated the market. The cleaning and hygiene products market trends include appropriate care for clothing and sustaining its spotlessness and wholesomeness; laundry supplies are required. Color-secure bleach, fabric mufflers, spot eliminators, and detergents are necessary for conserving the constitution of the garments. Progressive formulas concentrate on fabric protection, odor curtailment, and stain elimination. Specific antiseptics and laundry sanitizers offer enhanced hygiene and decode contemporary health problems.
Cleaning and Hygiene Products Market: Research Report Scope & Dynamics:
Report Attribute | Details |
Revenue Forecast in 2032 | USD 234.05 Billion |
Market size value in 2024 | USD 145.20 Billion |
Expected CAGR Growth | 6.1% from 2024 – 2032 |
Base Year | 2023 |
Forecast Year | 2024 – 2032 |
Top Market Players | Clorox Company, Colgate-Palmolive Company, McBride plc, Procter & Gamble, among others |
Segments Covered |
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Competitive Landscape |
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Regional scope |
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Customization Options | Customized purchase options are available to meet any research needs. Explore customized purchase options |
Browse the Full Press Release: Cleaning and Hygiene Products Market Size Worth $ 234.05 Billion By 2032 | CAGR: 6.1%
Regional Insights
Asia Pacific: This region held the largest cleaning and hygiene products market share due to enhanced consciousness of hygiene standards, citification, and concentration on health. This growth has strengthened rivalry, encouraging prominent industry players to invent ecological solutions and accommodate manifold regional inclinations.
North America: Significant alterations are initiated in the North American market, which is pushed by an escalating concentration on health and sanitation. Firms are pressured not just to encounter but surpass strict government directives. The market in North America is zestful, configured by progressing consumer inclination and a resilient commitment to encounter diligent executive yardstick.
Browse the Detail Report “Cleaning and Hygiene Products Market Share, Size, Trends, Industry Analysis Report, By Type (Detergents & Degreasers, Bleaches, Sanitizers, Abrasives, Others); By Application; By End Use; By Region; Segment Forecast, 2024- 2032” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/cleaning-and-hygiene-products-market
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Key Questions Addressed in the Report:
- What is the CAGR expected to be recorded for the cleaning and hygiene products market?
Ans: The CAGR expected to be recorded for the market is 6.1%.
- What is the current and estimated market value of the market?
Ans: The current market value stands at USD 145.20 billion, and the anticipated market value is 234.05 billion.
- Which are the major players operating in the industry?
Ans: Some of the major players in the industry are Beiersdorf AG, Church & Dwight Co., Inc., and Clorox Company.
- Which segments are covered by the report?
Ans: The segments covered by the report are type, application, end-user, and region.
Polaris Market Research has segmented the Cleaning and Hygiene Products market report based on type, application, end-user, and region:
By Type Outlook
- Detergents & Degreasers
- Bleaches
- Sanitizers
- Abrasives
- Others
By Application Outlook
- Surface
- Floor
- Laundry
- Personal Care
- Others
By End Use Outlook
- Commercial
- Residential
By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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About Polaris Market Research:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.
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