Press release
Squeegee Market to Showcase Vigorous Demand during the Period until 2028(Segmented By Material Type - Rubber, Neoprene, Polyurethane; By Hardness - Soft (60A), Medium (70A), Hard (80A), Extra-hard (90A), By Squeegee - Square edge, Rounded edge, Single Bev
With the rapidly growing printing industry and home cleaning applications, squeegee has found an extensive space as a critical source for cleaning in these industries. A Squeegee is a tool with a flat, smooth rubber blade that is extensively used to control the flow of liquid on a flat surface. Initially squeegee were used for cleaning and printing, but nowadays squeegees are used extensively for various purposes. A squeegee is used for floor cleaning, printing and photography, glass cleaning and many other applications. Further, the emerging trend of manufacturing customized squeegees are also driving the demand for the product in the market. The global market for the squeegees consists of small and large manufacturers and is driven by local or regional manufacturers. Since squeegees are flexible and portable, a single squeegee can be used for multiple cleaning purposes.
Global Squeegee Market: Dynamics
A primary factor driving the squeegee market is the rapidly growing printing industry in the developing regions. Since squeegees are affordable and user-friendly, it is one of the first few products that is picked for cleaning purposes. The low cost squeegees composed of natural rubber are the most abundantly used squeegee in the market. Attributing to the easy availability of squeegees in different regions, the squeegees have witnessed high growth in the market.
The biggest innovation in the squeegees market is the increase in the use of composite squeegees or the multi-durometer blade. This has led to a substantial growth to the squeegee market. Natural rubber possesses poor abrasion resistance and poor resistance to strong solvents, which is a crucial restraint for the natural rubber-based squeegees. Increasing urbanization and emerging economies in the developing regions drive the growth of the squeegees market.
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Global Squeegee Market: Segmentation
The global squeegee market can be segmented on the basis of material type as:
Rubber
Neoprene
Polyurethane
The global squeegee market can be segmented on the basis of hardness as:
Soft (60A)
Medium (70A)
Hard (80A)
Extra-hard (90A)
The global squeegee market can be segmented on the basis of squeegee profile as:
Square edge
Square edge with rounded corners
Rounded edge
Double Sided beveled edge
Single Beveled edge
The global squeegee market can be segmented on the basis of application as:
Cleaning
Glass
Window
Floor
Street
Printing and photography
Pasting
Pad pasting
Wallpaper pasting
The global squeegee market can be segmented on the basis of the sales channel as:
Retail Stores
E-Commerce
Modern Trade
Other sales channel
Global Squeegee Market: Regional Overview
The global squeegee market can be segmented on the basis of the geographical region as:
North America
Latin America
Europe
CIS & Russia
Japan
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
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Developed economies of North America and Europe have a large number of prominent squeegee companies due to significant demand and high investment capabilities. Also, there is an increasing trend of customized squeegees in regions like North America and Europe, which will provide increased opportunities for the squeegees market. Rapidly increasing modernization in the countries of Latin America and MEA will provide rapid increase for the squeegees demand in the region. Increasing urbanization, growing demand in the printing industry and rising population will provide rapid growth for squeegees in the APEJ during the forecast period. Therefore, North America & Europe are expected to account for a larger market size for squeegees market while the Asia Pacific is pegged to experience higher growth in the squeegees market. Easy availability of raw materials and cheap labor cost in countries like Japan and China will lead to the development of much cheaper squeegees with innovating new trends and driving technological changes. Thus, these countries are expected to aid in the expansion of the squeegees market. The growing per capita expenditure on household cleaning products in the developing regions will lead to the formation of a high-value base for the squeegees market. The squeegee market will experience increased opportunities and moderate growth during the forecast period.
Global Squeegee Market: Key Players
Some of the key players in the squeegee market are:
Haviland Corporation
Lidco
Midwest Rubber
Flexaust
Tennant
Other key players
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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