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Household Cleaning Products Global Market Analysis Development Trends, Industry Growth Opportunities, Regional Demand and Forecast 2024-2033

Household Cleaning Products Global Market

Household Cleaning Products Global Market

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Household Cleaning Products Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The household cleaning products market size has grown strongly in recent years. It will grow from $116.76 billion in 2023 to $126.64 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to rising health and hygiene awareness, urbanization and changing lifestyles, environmental concerns, product innovation and branding, dual-income households.

The household cleaning products market size is expected to see strong growth in the next few years. It will grow to $178.3 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to pandemic-driven hygiene practices, smart home integration, increased focus on disinfection, sustainable packaging, rise of private labels. Major trends in the forecast period include rise in eco-friendly and sustainable products, growth of disinfectant and antimicrobial products, expansion of e-commerce channels, innovations in packaging design, integration of smart and connected technologies.

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Market Segmentation:
The household cleaning products market covered in this report is segmented -
1) By Product: Dishwashing Products, Toilet Cleaners, Surface Cleaners, Laundry Detergents, Other Products
2) By Distribution Channel: Supermarkets, Convenience Store, Online Retail
3) By Application: Bathroom, Kitchen, Floor

Major Driver - The Surge In Demand For Natural Household Cleaning Products
Increasing awareness of natural household cleaning products is expected to propel the growth of the household cleaning products market. Natural household cleaning products refer to cleaning agents and solutions that are formulated using ingredients derived from natural sources, such as plants, minerals, and essential oils. Consumers are increasingly shifting towards natural or ""green"" household cleaners, as they provide a sense of sustainability and do not contain hazardous chemicals. For instance, in May 2022, The Environmental Protection Agency, a US-based government agency launched revitalized Design for the Environment logo for eco-friendly antimicrobial solutions, promoting sustainable cleaning products. Similarly, in March 2022, according to Sensormatic Solutions, a US-based retail technology provider, subsidiary of by Johnson Controls a survey of 1000 U.S. consumers revealed an 80% focus on sustainability, with 70% expressing a willingness to pay more, emphasizing its crucial role. Additionally, 54% actively researching eco-initiatives, businesses face a shifting landscape, as half of consumers believe sustainability is imperative, shaping purchasing behaviors. Therefore, the increasing awareness of natural household cleaning products is driving the household cleaning products market.

Competitive Landscape:
Major companies operating in the household cleaning products market report are The Procter & Gamble Company, Unilever, Henkel AG & Co. KGaA, The Dial Corporation, Colgate-Palmolive, Reckitt Benckiser Group plc, Kao Group, S. C. Johnson & Son Inc, Amway Corporation, The Clorox Company, The Sun Products Corporation, Dabur India Limited, Godrej Consumer Products Limited, Zep Inc., Nice-Pak Products Inc., Werner & Mertz GmbH, Grove Collaborative, The Honest Company, McBride plc, CareClean, KLEEN, Ecover, Bombril S/A, everdrop GmbH, Astley Dye & Chemical Co. Ltd., Jelmar LLC, For Life Products, Method Products PBC, Aqdot Limited, Seventh Generation

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https://www.thebusinessresearchcompany.com/report/household-cleaning-products-global-market-report

Top Trend - Sustainable Laundry Detergent Sets New Standards In Eco-Friendly Cleaning Solutions
Major companies operating in the market are focused on developing innovative laundry care products, such as sustainable laundry detergent, to meet growing demand and expand their customer base. Sustainable laundry detergent refers to a cleaning product designed for washing clothes that incorporates environmentally friendly and socially responsible practices throughout its production, use, and disposal lifecycle. For instance, in April 2022, Henkel AG & Co. KGaA, a Germany-based consumer goods company, launched an ultra-concentrated version of its eco liquid laundry detergent, all-free clear brand, packaged in a new eco bottle made entirely from 100% recycled plastic. The grip format employed in the bottle utilizes less plastic compared to a through-handle design, and its compact size results in a 60% reduction in plastic per load when compared to the 88-ounce bottle. The ultra-concentrated formula facilitates more loads per bottle, leading to a decreased number of shipments for the same load capacity, contributing to reduced environmental impact. This eco-friendly detergent features a bio-based formula that holds both Safer Choice and USDA Biobased certifications, ensuring a potent plant-based cleaning solution that effectively tackles stains while remaining gentle on the skin. The product's compact design, coupled with its Safer Choice certification, qualifies it for inclusion in Amazon's Climate Pledge Friendly program.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Household Cleaning Products Market Characteristics
3. Household Cleaning Products Market Trends And Strategies
4. Household Cleaning Products Market - Macro Economic Scenario
5. Household Cleaning Products Market Size And Growth
…..
27. Household Cleaning Products Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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