The Household Cleaning Products Market is being driven by Product innovation and portfolio extension
The Household Cleaning Products Market is expected to grow at a CAGR of 5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 17.81 billion. In developed economies such as the US, the UK, Canada, and Japan, there is a burgeoning demand for high-end household cleaning products. Consumers in these markets prioritize convenience, superior packaging, and aesthetic appeal when making purchasing decisions. Brands that offer better performance and quality command a premium price, enabling vendors to boost their profit margins. Key premium household cleaning product categories in the US market include Cleanser and Polish, Soft Cleanser, MORE Spray and Foam, Cookware Cleanser and Polish, and Cooktop Cleaner by Bar Keepers Friend. The increasing preference for premium cleaning solutions is expected to positively impact market expansion throughout the forecast period.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
205 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5% |
Market growth 2025-2029 |
USD 17.81 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.5 |
Key countries |
US, China, Japan, Germany, France, Spain, Canada, India, South Korea, France, Japan, Italy, Brazil, UAE, UK, Spain, Rest of World (ROW), US, China, Japan, UK, India, Germany, South Korea, Canada, France, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Household Cleaning Products industry is evolving with a focus on eco-friendly and sustainable solutions. Trends include 'green cleaning' using bio-based surfactants and plant-derived ingredients, 'eco-conscious cleaning' with microfiber technology and spray trigger technology, and 'sustainable cleaning' through concentrate technology and refillable cartridges. Brands are prioritizing 'product certification' and 'regulatory compliance' while offering 'consumer education' and 'brand loyalty' programs. 'Online shopping trends' and 'social media influence' are driving sales, with 'subscription models' and 'product bundling' as effective strategies. Brands are investing in 'innovation pipeline' through 'disruptive technologies' like AI, big data analytics, and predictive maintenance to enhance 'cleaning efficiency', 'cleaning performance', 'shelf life', and 'product differentiation'. Competitive pricing, value-added services, and 'customer service' are crucial for maintaining 'brand reputation'. Antibacterial agents, odor-neutralizing technology, stain-resistant coatings, and viral inactivation are essential features for high-performing cleaning formulations. Ergonomic design and odor-neutralizing technology are also key considerations for consumer convenience.
The global household durables market, encompassing sectors such as cleaning solutions, surface cleaners, floor cleaners, bathroom cleaners, kitchen cleaners, laundry detergents, dishwashing detergents, and all-purpose cleaners, falls under the broader category of the housewares and specialties market. According to Technavio, this market's size is determined by the consolidated revenues of manufacturers producing household durables, including consumer electronics, homebuilding, household appliances, housewares and specialties, and leisure products. Factors fueling growth in the housewares and specialties market include the introduction of housewares featuring innovative designs and vibrant colors, as consumers express a growing preference for aesthetically pleasing and distinctive kitchenware.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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