Press release
Sponge and Scouring Pads Market will Witness Consistent Growth; Driven by Rising Demand for Effective Kitchen Cleaning Solutions
Demand for efficient kitchen cleaning products in both commercial and household sectors is on the rise, and spurring sales of sponge and scouring pads. Future Market Insights (FMI) in its recent report revealed that market is poised to grow over 4% between 2020 and 2030. FMI studied 12 factor that influences sponge and scouring pads purchase and reached to the conclusion.The report offers an executive level blueprint of the market, uncovering the hidden opportunities and potential threats. According to FMI, commercial segment will account for the lion’s share of sale witnessed in the market.
However, growth witnessed in the market is expected to be stunted owing the unprecedented COVID-19 outbreak, which compelled governments to impose strict curbs. As restaurants and food service chains remain shuttered, the sales of sponge and scouring products will significantly decelerate. Nonetheless, FMI forecasts the demand from the household segment to rise steadily helping the market stay afloat.
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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
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