Household Cleaners Market 2028 Growing Worldwide By Best Key players- Procter & Gamble (Cascade); Unilever; Henkel AG & Co. KGaA (Pril); Reckitt Benckiser Group PLC (Finish); Colgate-Palmolive Company; Kao Corporation; The Clorox Company
The global household
cleaners market
size is expected to reach USD 47.1
billion by 2028, registering a CAGR
of 4.9% during the forecast period, according to a new report by Grand View
Research, Inc. The growing awareness about hygiene among consumers is
propelling the demand for household cleaners. The rising rate of urbanization
and change in lifestyles due to growing disposable income is associated with
enhanced sanitation standards, and this factor is anticipated to positively
impact the market for household cleaners.
The
implementation of a healthier lifestyle along with rising concerns for
cleanliness and hygiene are driving the growth of this market. The increasing
demand for surface cleaners for better cleanliness of wood, stainless, and
mirrored surfaces is also propelling the market growth. Additionally,
increasing usage of cleaners such as surface deodorizers is anticipated to
drive the demand for household cleaners.
Key industry
players are also introducing innovative surface and toilet cleaners in terms of
pricing, quality, packaging, and fragrance. The industry participants are
introducing eco-friendly household cleaning products to enhance product sales.
Additionally, the inclination of consumers towards natural-based cleaning
products has led to a significant impact on the market. Thus, all these factors
are anticipated to boost the growth of the household cleaner market in the
coming years.
The surface
cleaner product segment contributed to a share of over 55% in the global market
in 2021, backed by its rising demand during the spread of COVID-19. Surface
cleaners are mostly used to remove stains, dust, clutters, and bad smells from
the surface. The availability of a variety of specialized surface cleaners used
for surfaces such as wood, tiles, etc. is also expected to drive the growth of
the surface cleaner segment during the forecast period.
The online
segment is poised to register the highest growth rate during the forecast
period, owing to its rapidly rising usage. An increase in sales of household
cleaning products, mainly through e-commerce portals and the company’s own
website, is likely to boost the growth of the online distribution channel
during the projection period. Due to the ease of accessibility and availability
of a wide product range, consumers have become increasingly adaptive to online
sales channels and e-commerce websites. Key players are better positioned to
present their product variety on online platforms as a result of this consumer
shift, resulting in enhanced consumer interaction.
Europe captured a
significant market share in 2021, due to increased consumer inclination toward
hygiene, and critical steps implemented by regional governments to promote
societal hygiene. Moreover, upward sales of sustainable and eco-friendly
household cleaning products are majorly driving the regional market growth.
Rising demand for surface and toilet cleaners is further projected to drive the
growth of this market during the forecast years. Whereas, the Asia Pacific is
expected to showcase strong growth in the near future, supported by rising
consumer inclination towards online sales channels, & government
initiatives such as India’s Swachh Bharat Abhiyan.
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Rising
awareness among people regarding keeping the household clean has become one of
the primary driving factors for the household cleaner market growth.
Additionally, the easy availability of household cleaners coupled with several
variations including different fragrances is also likely to boost the market
advancement. Furthermore, changing lifestyles, rapid urbanization, preference
towards maintaining surroundings and personal hygiene, and indulgence regarding
clean and neat living spaces are anticipated to propel the growth of this
market in coming years.
Due to rising
consumer worries about health and cleanliness, the COVID-19 pandemic has led to
a dramatic surge in household cleaning goods throughout the world. Rising
disposable income and rapid urbanization, leading to substantial
infrastructural developments, are poised to raise the demand for household
cleaning products in the future years. Additionally, an increase in demand for
sustainable and eco-friendly household cleaning products is likely to create
more opportunities for this industry, thus significantly driving the growth of
this market during the forecast period.
Household Cleaners Market Report Highlights
- Asia Pacific is
expected to register the fastest growth rate of 5.8% from 2022 to 2028,
owing to the rising demand for household cleaners in developing countries,
including India and China
- The chemical
ingredients segment contributed to the highest share of over 86% in the
global market revenue in 2021, due to increasing demand for chemical
household cleaners to remove tougher stains and dirt
- Europe made a
significant contribution to the global market in terms of revenue in 2021,
due to the rising regional demand for sustainable and eco-friendly
household cleaning products
- The offline
distribution channel segment held the largest market share in 2021,
contributing significantly to the total revenue, due to the developed
retail sector in developing countries across the globe
Innovative
packaging, brand development, and promotion are projected to boost the sales of
household cleaning products in the coming years. Growing consumer concerns
about the environment and their own health have fueled the demand for
environment-friendly cleaning products. Due to the lack of presence of
hazardous chemicals, as well as their odor, organic products are expected to
witness strong growth in demand in the coming years.
Growing
investments by key players to launch new eco-friendly products are further
projected to boost the industry sales. However, the usage of chemical-based
household cleaning products that are toxic in nature and have a variety of side
effects such as skin-related problems and cause allergic reactions, may hamper
the market growth for household cleaners during the forecast period.
Due to the
advent of the COVID-19 pandemic, the demand for household cleaners has risen
dramatically, offering numerous growth opportunities for market players. Rising
awareness among people owing to the spread of the COVID-19 virus is driving the
growth of the market during the pandemic.
The market has
been pushed in recent years by an increase in the frequency of the COVID-19
pandemic, as well as a greater focus among individuals on cleaning and maintaining
a hygienic environment. Moreover, the growing demand for eco-friendly cleaning
products is likely to offer promising opportunities for industry leaders.
As there has
been a rise in the adoption of chemical-free housing cleaners, key companies
are launching new fragrances such as citrus and natural deodorizers, and the
use of fresheners as perfumes is a key component in market buying decisions.
Leading market players are also maximizing the use of online platforms by
selling their items through their websites and listing them on major social
media platforms, in order to increase their market exposure and reach a wider
consumer base.
Environmental
concerns, and the subsequent drive for sustainable products, is one of the
major trends prevailing in the global market. Consumer environmental
friendliness mostly relates to a preference for recycled and recyclable
packaging, as well as low-temperature items and non-harmful & chemical-free
products. Thus, the rising inclination towards chemical-free components is
expected to have a profound impact on the global market.
The chemical
ingredients segment contributed to the highest share of over 86% of the global
market revenue in 2021. Chemicals are widely used in household cleaning
products, including surfactants, solvents, bleaches, etc. Chemical cleaning
products have witnessed a significant increase in demand in recent years.
Customers are increasingly relying on chemical-based household cleansers to
disinfect areas around the home as a result of the COVID-19 outbreak.
Chemical
cleaning product consumption and sales have surged at an unprecedented rate as
a result of the mounting threat of the COVID-19 pandemic. However, growing
concerns regarding the side effects caused by the usage of chemical-based
household cleaning products may stunt the growth of the chemical-based
ingredients segment during the forecast period.
List of Key Players in the Household Cleaners Market
- Procter &
Gamble (Cascade)
- Unilever
- Henkel AG &
Co. KGaA (Pril)
- Reckitt Benckiser
Group PLC (Finish)
- Colgate-Palmolive
Company
- Kao Corporation
- The Clorox
Company
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