The global Household Cleaning Products Market size is expected to reach USD 312,493 million by 2027, exhibiting a CAGR of 4.97 % during the forecast period. The growing emphasis to uphold a clean and hygienic household environment can be an essential factor augmenting the growth of the market during the forecast period, states Fortune Business Insights in a report, titled “Household Cleaning Products Market Size, Share & Industry Analysis, By Product (Laundry Detergents, Surface Cleaners, Dishwashing Products, Toilet Cleaners, and Others), and Regional Forecast, 2020-2027” the market size stood at USD 163,981 million in 2019.
Household Cleaning Products Market Drivers and Restraints :
The shift from artificial and harsh chemical products to green and natural products by consumers owing to the rising environmental knowledge will bolster the healthy growth of the market.
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List of Significant Manufacturers Household cleaning products market are:
- Church & Dwight Co. Inc. (U.S.)
- Colgate-Palmolive Co. (U.S.)
- Godrej Consumer Products Ltd. (India)
- Henkel AG & Co. KGaA (Germany)
- Kao Group (Japan)
- The Procter & Gamble Co. (U.S.)
- Reckitt Benckiser Group Plc (U.K.)
- C. Johnson & Son Inc. (U.S.)
- Goodmaid Chemicals Corporation (Malaysia)
- Unilever NV (U.K.)
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Increasing Disposable Income to Promote Growth in Asia Pacific
The market in North America stood at USD 40,974.13 million in 2019 and is expected to rise tremendously during the forecast period. The growth in the region is attributed to the presence of major manufacturers in the region.
Some of the key industry developments in the Household cleaning products market Include:
February 2020: chosen Kao Corporation, a major provider of personal care, beauty goods, and household products, announced that it was selected by the U.S. think-tank Ethisphere Institute for the world’s largest platform as the Most Ethical Companies 2020 list. Kao has produced securing involvement for its executives in the World’s Most Ethical Companies list.
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