The global stain remover products market size is expected to reach USD 27.2
billion by 2025, according to a new report by Grand View Research, Inc.,
expanding at a CAGR of 4.7% over the forecast period. Improvement in living
standards is expected to increase the adoption of cleaning products as a part
of maintaining health and hygiene is expected to have a positive impact on the
market growth. Furthermore, rising consumer awareness regarding apparel care
among middle-income age-groups in developing countries including China and
India is expected to drive the industry.
Spray stain remover products are expected
to be the fastest growing segment, expanding at a CAGR of 5.3% from 2019 to
2025. Major manufacturers including Church & Dwight, Unilever, The Procter
& Gamble Company, Reckitt Benckiser Group plc, and Henkel Ag & Co. Kgaa
have been launching new products in the forms of sprays.
For instance, in April 2017, The Procter
& Gamble Company added an innovative stain remover in its wide product
portfolio under the brand name ‘Tide Simply Free & Sensitive’ in U.S. The
company has launched this product in order to cater to the growing demand for
skin-friendly products. Around 40% of the customer reported for the skin
irritation from the other stain remover products. These initiatives will
increase the product visibility over the forecast period.
Asia Pacific is expected to be the fastest
growing market, expanding at a CAGR of 5.4% from 2019 to 2025. Over the past
few years, major players have been implementing marketing strategies including
celebrity endorsement, innovative product launch, increasing exclusive stores,
and focus on e-commerce in order to cater to the increasing demand for
technological advanced product in the region.
For instance, in July 2014, Kao Corporation
announced to introduce new product under the brand name ‘Attack Jaz1’. This
product is expected to help the company to gain a major market share of stain
remover product as well as detergent. The product retains the fabric color as
well as quality after wash.
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or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/stain-remover-products-market
https://www.grandviewresearch.com/industry-analysis/stain-remover-products-market
Further key findings from the report suggest:
· Asia Pacific is expected to register the
fastest CAGR of 5.4% from 2019 to 2025
· North America was the largest market with a
share of more than 30.0% in 2018
· By product, the powder segment held the
largest share of 31.9% in 2018
· Online is expected to be the fastest
growing distribution channel with a CAGR of 5.1% from 2019 to 2025
· Key players in the stain remover products
market include Church & Dwight; Reckitt Benckiser Group plc; S. C. Johnson
& Son, Inc.; Henkel AG & Co. KGaA; The Procter & Gamble Company;
Unilever; The Clorox Company; LG Household & Health Care Ltd.; Amway;
Biokleen; and CR BRANDS.
Grand View Research has segmented the
global stain remover products market on the basis of product, distribution
channel, and region:
Stain Remover Products Product Outlook (Revenue, USD
Million, 2015 - 2025)
·
Liquid
·
Powder
·
Bar
·
Spray
·
Others
Stain Remover Products Distribution Channel Outlook
(Revenue, USD Million, 2015 - 2025)
·
Offline
·
Online
Stain Remover Products 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.
