Stain Remover Market to increase by USD 6.12 billion between 2022 to 2027, Powder segment to contribute significantly during the forecast period - Technavio
NEW YORK, Nov. 28, 2023 /PRNewswire/ -- The stain remover market size is expected to grow by USD 6.12 billion from 2022 to 2027, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 5.4% during the forecast period. Growth in the varieties of stain removers available is notably driving the stain remover market. However, factors such as the harmful effects of non-biodegradable products and biohazards may impede market growth. The market is segmented by Product (Powder, Liquid, Bar, and Others ), End-user (Residential and Commercial ), and Geography (North America, APAC, Europe, South America, and Middle East and Africa). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format
Key Segment Analysis
By product, the powder segment is significant during the forecast period. Both hand-washing and machine-washing offer great demand for the powder segment due to their convenience. Reckitt Benckiser, Henkel, and P&G are among the key vendors offering high-quality, effective powder stain removers. To know additional highlights and key points on various market segments and their impact in coming years, View a PDF Sample Report.
Geographical Market Analysis
By geography, APAC is estimated to contribute 41% to the growth of the global market during the forecast period. Another region offering growth opportunities for market vendors is North America. The fast and hectic lifestyle of the population which in turn increases the demand for stain removers as they have limited time for household chores drives the North American market.
Company Insights
The stain remover market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market companies, including:
Agar Cleaning Systems Pty Ltd., Amtech UK, Amway Corp., CC Holdings Inc., Church and Dwight Co. Inc., Dove Technologies, Future Developments Man Ltd., Godrej Consumer Products Ltd., Greenology Products Inc., Guardsman Industries Ltd., Henkel AG and Co. KGaA, Kao Corp., Mega Electronics Ltd., Quality Chemicals S.L, Reckitt Benckiser Group Plc, S.C. Johnson and Son Inc., Sarex, The Clorox Co., The Procter and Gamble Co., Unilever PLC
- View a PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.
The detergent market size is estimated to grow at a CAGR of 5.85% between 2022 and 2027. The market size is forecast to increase by USD 31.55 billion.
The organic laundry detergents market is estimated to grow at a CAGR of 9.9% between 2022 and 2027. The size of the market is forecast to increase by USD 3,986.4 million.
Stain Remover Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.4% |
Market growth 2023-2027 |
USD 6.12 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
5.03 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 41% |
Key countries |
US, China, Germany, UK, and Brazil |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Agar Cleaning Systems Pty Ltd., Amtech UK, Amway Corp., CC Holdings Inc., Church and Dwight Co. Inc., Dove Technologies, Future Developments Man Ltd., Godrej Consumer Products Ltd., Greenology Products Inc., Guardsman Industries Ltd., Henkel AG and Co. KGaA, Kao Corp., Mega Electronics Ltd., Quality Chemicals S.L, Reckitt Benckiser Group Plc, S.C. Johnson and Son Inc., Sarex, The Clorox Co., The Procter and Gamble Co., and Unilever PLC |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
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