Showing posts with label Natural Household Cleaners Market. Show all posts
Showing posts with label Natural Household Cleaners Market. Show all posts

Friday, 6 September 2019

Natural Household Cleaners Market to Rear Excessive Growth CAGR of 11.1% from 2019 to 2025

The global natural household cleaners market size is expected to reach USD 7.8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.1% over the forecast period. Rising concerns over toxic chemicals including parabens, triclosan, phthalates, and ammonia, which are present in synthetic home cleaning products, is expected to promote the utility of natural household cleaners. Moreover, various government initiatives on the ban of toxic chemicals from household cleaning products is expected to promote the utility of these products as green alternatives in the near future.

Surface cleaners emerged as the largest segment and accounted for a share of more than 50.0% in 2018. Major manufacturers including Unilever,The Procter & Gamble Company, and Henkel Ag & Co. Kgaa are launching new products in order to gain maximum customers. Moreover, giant retailer and supermarket chains including Tesco PLC and Target Corporation are launching innovative products under their private labels.
For instance, in February 2018, Tesco PLC launched a wide range of plant-based home cleaning products under the brand name ‘Tesco Eco Active’. The company launched this green and natural product in order to cater to the demand for eco-cleaning products in U.K.
North America is expected to expand at the fastest CAGR of 11.5% from 2019 to 2025. Over the past few years, major players have adopted marketing strategies including innovative product launch, expansion of production capacity, and mergers and acquisitions in order to cater to the increasing demand for natural household cleaning product in the region.
For instance, in September 2017, S. C. Johnson & Son, Inc. signed an agreement to acquire two emerging household cleaning products manufacturers, Ecover and Method. These two companies had a wide range of home care, personal care, and fabric care products, along with the customer penetration in North America, Europe, and other countries across the globe. The company acquired these companies as they have strong R&D in natural products, along with high customer base.
To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/natural-household-cleaners-market

Further key findings from the report suggest:
·       By product, surface cleaners dominated the natural household cleaners market with a share of more than 50.0% in 2018
·       The kitchen application segment is expected to register the fastest CAGR of 11.3% from 2019 to 2025
·       Key players include Henkel AG & Company; KGaA; The Procter & Gamble Company; Unilever; S. C. Johnson & Son, Inc.; Reckitt Benckiser Group plc; The Clorox Company; Godrej Consumer Products Limited; The Honest Company; Kao Corporation; and Earth Friendly Products.
Grand View Research has segmented the global natural household cleaners market on the basis of product, application, distribution channel, and region:
Natural Household Cleaners Product Outlook (Revenue, USD Million, 2015 - 2025)
·         Surface
·         Glass
·         Fabric
Natural Household Cleaners Application Outlook (Revenue, USD Million, 2015 - 2025)
·         Bathroom
·         Kitchen
·         Others
Natural Household Cleaners Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
·         Supermarkets/Hypermarkets
·         Convenience Stores
·         Online
Natural Household Cleaners Regional Outlook (Revenue, USD Million, 2015 - 2025)
·         North America
·         Europe
·         Asia Pacific
·         Central & South America
·         Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

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