Household Wipes Market To Surpass US$ 7,349.4 Million By 2026 | CAGR: 5.9 %

Household wipes are used to clean, polish, and disinfect a variety of household surfaces. Clean kitchen counters, window surfaces, glass, appliances, and tiles in toilets, floors, metal surfaces, wood surfaces, and furniture with household wipes.Online sales of household wipes have increased rapidly in recent years as a distribution channel. By 2020, e-commerce spending in Asia Pacific (China, Australia, Japan, Indonesia, India, Vietnam, and South Korea) is expected to outpace total retail spending. According to the July 2017 India Brand Equity Foundation (IBEF) report on e-commerce, the Indian e-commerce market is expected to grow at a Compound Annual Growth Rate (CAGR) of 44.77 percent from 2016 to 2020, reaching US$ 63.7 billion. Furthermore, the International Trade Administration estimates that China's e-commerce market will reach US$ 1.6 trillion by 2019. China accounts for more than 40% of total global e-commerce spending.

The global household wipes market is expected to reach $7,349.4 million by 2026, growing at a 5.9 percent CAGR during the forecast period.

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Companies Covered as part of this study include: C. Johnson & Son, Inc., Procter & Gamble Co., Nice-Pak Products Inc., The Clorox Company, Weiman Products LLC, Colgate-Palmolive Company, Reckitt Benckiser Group plc., Amway Corporation, 3M Company, Kimberly-Clark Corporation, Kao Corporation, Rockline Industries..
 
Market Trends

Because of their hygiene-providing nature, the disinfecting wipes segment is gaining significant market traction. The increasing use of household care products can be attributed to rising hygiene awareness, which is expected to drive the growth of the household wipes market. According to a Socio-Economic Analysis of the Household Care And Professional Cleaning and Hygiene Products Industry (January 2016), good personal hygiene practises combined with effective use of household care products can reduce the rate of infections caused by microorganisms such as Salmonella and Norovirus by 30%, saving healthcare costs.
 
 Report Purchase Motives:
• The paper examines how Household Wipes is expected to grow in the future.
• Examine various perspectives on the Household Wipes using Porter's five forces analysis.
• The product type expected to dominate the Household Wipes market, as well as the regions expected to grow the fastest over the forecast period, are investigated.
• Recognize the new advancements, Household Wipes shares, and policies of the leading market participants.
• Over the last five years, the competitive landscape has included the Household Wipes share of significant firms as well as important development policies.
• Comprehensive company profiles that include the product offerings of the major Household Wipes players, critical financial information, current advancements, SWOT analysis, and strategies.
 
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