Dublin, Oct. 09, 2023 (GLOBE NEWSWIRE) -- The "Global Stain Remover Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The stain remover market is on track for significant growth, with a projected increase of USD 6,117.53 million during the period from 2022 to 2027, at an accelerating Compound Annual Growth Rate (CAGR) of 5.4% throughout the forecast period. The comprehensive report on the stain remover market offers a holistic analysis, encompassing market size and forecasts, current trends, growth drivers, challenges, and vendor analysis, featuring approximately 25 vendors.
Key Market Drivers
The growth of the stain remover market is driven by several key factors:
- Varieties of Stain Removers: The market benefits from an increase in the variety of stain removers available, catering to various stain types and fabric care needs.
- Awareness of Laundry Hygiene: Growing awareness of the importance of laundry hygiene, especially in the wake of global health concerns, drives the demand for effective stain removers.
- Innovative Packaging: Increasing focus on innovative packaging options enhances consumer convenience and attracts attention in the market.
Market Segmentation
The stain remover market is segmented as follows:
By Product:
- Powder
- Liquid
- Bar
- Others
By End-user:
- Residential
- Commercial
By Geography:
- North America
- APAC (Asia-Pacific)
- Europe
- South America
- Middle East and Africa
Emerging Market Trends
The report identifies several emerging market trends, including:
- Eco-friendly Laundry Care Products: The advent of eco-friendly laundry care products aligns with the growing demand for sustainable and environmentally conscious stain removers.
- Marketing Initiatives: Introduction of different marketing initiatives aimed at attracting customers and boosting product awareness will be instrumental in driving market growth.
- Demand from Developing Countries: Promising demand from developing countries underscores the stain remover market's potential for expansion.
Key Companies Mentioned
The report provides vendor analysis and mentions approximately 25 companies operating in the stain remover market, 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
For more information about this report visit https://www.researchandmarkets.com/r/zh57f7
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